Blur has been moving within a very strong uptrend since late October 2023, it has been printing higher highs and higher lows non-stop... Only recently we saw a small retrace when this pair challenged EMA50 as support. It did move below EMA50 on a wick but the session closed higher (18-Dec) and now we are witnessing a resumption of bullish growth. Support tested and holds.
On the chart we have a bullish zone and a bearish zone.
➖ The bearish zone activates when BLURUSDT enters the smaller cup territory. ➖ The bullish zone is active when BLURUSDT trades above the top of the bigger cup.
We can expect more and higher as long as the bulls remain in control. ✔️ On a drop, we would get a higher low.
This pair and other Altcoins are set for sustained, long-term growth. ✔️ Higher highs and higher lows.
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