Expecting a little downside movement in $BLUR (CMP 0.305$)
Future is risky so we will watch for time being.
Note: $BLUR wanted to raise fund at 1B$ Valuation. FDV is less than 1B$ at 0.305$ value. (3B token supply)
If you are looking for a investment opportunity $BLUR is one. Do DCA in $BLUR (BUY RANGE 0.29-0.305)
In bull market $BLUR will give you 100% return.
Future is risky so we will watch for time being.
Note: $BLUR wanted to raise fund at 1B$ Valuation. FDV is less than 1B$ at 0.305$ value. (3B token supply)
If you are looking for a investment opportunity $BLUR is one. Do DCA in $BLUR (BUY RANGE 0.29-0.305)
In bull market $BLUR will give you 100% return.
Chart Palace
Expecting a little downside movement in $BLUR (CMP 0.305$) Future is risky so we will watch for time being. Note: $BLUR wanted to raise fund at 1B$ Valuation. FDV is less than 1B$ at 0.305$ value. (3B token supply) If you are looking for a investment opportunity…
More on $BLUR
Reason for price drop in $BLUR:
Blur is loosing trading volume to opensea from last 1 month. Previously blur's volume was 4x-5x to opensea now scenario is changed maybe because of BLUR's Airdrop Round 2.
Still, Opensea raised 427M dollar. They are valued at around 5B$+
In retail market Opensea can easily touch 15B$ valuation. Blur can hit 3B easily.
Reason for price drop in $BLUR:
Blur is loosing trading volume to opensea from last 1 month. Previously blur's volume was 4x-5x to opensea now scenario is changed maybe because of BLUR's Airdrop Round 2.
Still, Opensea raised 427M dollar. They are valued at around 5B$+
In retail market Opensea can easily touch 15B$ valuation. Blur can hit 3B easily.
FOMC meeting today.
Fed will announce interest rates in today's meeting.
What to expect from this meeting?
Fed is likely to hike interest rate by 25bps and this will be 11th consecutive hike and highest interest rate in last 22 years.
Interest rates and share market/forex has negative co-relation.
High interest rates attract people to deposit money into bank because of good yearly yield. Other investments like Crypto/Stocks/Gold doesn't give yeild.
So we should expect little dump after interest rate announcement.
Fed will announce interest rates in today's meeting.
What to expect from this meeting?
Fed is likely to hike interest rate by 25bps and this will be 11th consecutive hike and highest interest rate in last 22 years.
Interest rates and share market/forex has negative co-relation.
High interest rates attract people to deposit money into bank because of good yearly yield. Other investments like Crypto/Stocks/Gold doesn't give yeild.
So we should expect little dump after interest rate announcement.
BTCUSD 15m TF
BTC is making a beautiful bearish flag pattern after breaking 29500 important support in 4h TF.
I am Bearish because of the upcoming fed meeting and also btc looks very bearish.
We can short only between 29300-29500 range.
Stoploss will be large because of volatility. Safe trader should avoide.
BTC is making a beautiful bearish flag pattern after breaking 29500 important support in 4h TF.
I am Bearish because of the upcoming fed meeting and also btc looks very bearish.
We can short only between 29300-29500 range.
Stoploss will be large because of volatility. Safe trader should avoide.
ETHUSDT
Important levels of ETH in Daily and Weekly TF.
We can see ETH tested 1700$ lvl too many times in the past also before making a Top.
In my view if ETH breaks 1800 mark and closes below 1800 in daily TF it can go till 1650.
I am not sure about 1500 mark. It is important also.
Long positions will take place at 1650 & 1500 mark. Target will be 4000.
Important levels of ETH in Daily and Weekly TF.
We can see ETH tested 1700$ lvl too many times in the past also before making a Top.
In my view if ETH breaks 1800 mark and closes below 1800 in daily TF it can go till 1650.
I am not sure about 1500 mark. It is important also.
Long positions will take place at 1650 & 1500 mark. Target will be 4000.