🚀#BLUR Analysis : Pattern Formation🚀🔥
🔮As we can see in the chart of #BLUR that there is a formation of Inverse Head And Shoulder Pattern and it's a bullish pattern. Also we can see a breakout here. Around 30-40% bullish move is pending in #BLUR
Key Levels to Watch:
- Resistance Levels: $0.8341 (highest price ever) and $0.3310 (target price)
- Support Levels: $0.1088 (lowest price ever) and $0.167 (current support)
Technical Indicators:
- Oscillators: Neutral, with some indicators showing buy signals and others showing sell signals
- Moving Averages: Neutral, with most moving averages indicating a neutral trend
Market Sentiment:
- 24-hour trading volume: not available
Trade Ideas:
- Long-term investors: Buy at support levels, targeting $0.3310
- Short-term traders: Wait for confirmation, potential entry at $0.2370, stop loss at $0.1399
Keep in mind that cryptocurrency markets are highly volatile, and it's crucial to maintain a disciplined approach to risk management.
