Where is BLURUSDT.P heading in future weeks?
Hey traders!!!
Lets have a look on the BLURUSDT.P chart which is really interesting.
-The current price formed a nice falling wedge pattern which if will be broken up, the BLUR can head towards a new highs...
-On the other side, if the price breaks the support zone, the BLUR enters the decision zone which means it can turn back and continue in FW pattern or it can breaks the highest low which could lead to change of trend...
-I really count on the support zone which could hold the price and go higher...
-Good to remind that there is also Golden pocket zone from fib retracement...
-When speaking about entry to trade, I am gonna watch for fw pattern or if it fails and the price will go deeper, then another entry point could be the last green support zone...
-Do not forget to watch BTC situation :)
That is all from me, thank you for your time and
good luck in trading!!!
Lets have a look on the BLURUSDT.P chart which is really interesting.
-The current price formed a nice falling wedge pattern which if will be broken up, the BLUR can head towards a new highs...
-On the other side, if the price breaks the support zone, the BLUR enters the decision zone which means it can turn back and continue in FW pattern or it can breaks the highest low which could lead to change of trend...
-I really count on the support zone which could hold the price and go higher...
-Good to remind that there is also Golden pocket zone from fib retracement...
-When speaking about entry to trade, I am gonna watch for fw pattern or if it fails and the price will go deeper, then another entry point could be the last green support zone...
-Do not forget to watch BTC situation :)
That is all from me, thank you for your time and
good luck in trading!!!