BLURUSDT → Trend break and positive fundamental background

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BLURUSDT breaks the trend resistance and forms a retest of the upper flat boundary, which will keep the bulls from strong growth for some time. A pullback is possible before further growth

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The cryptocurrency market is reviving on the back of bitcoin rally as well as Ethereum rally due to positive news.
As for BLUR: The coin is breaking resistance, but ahead of it is a strong area 0.4367-7375 - the upper boundary of the pullback or flat, previously there was a strong trend and bears are quite actively defending this zone. A small pullback or consolidation may be formed, the market needs to gather liquidity to overcome this area.

Support levels: 0.36
Resistance levels: 0.4367, 0.4375


The market is forming a trend change signal, but we need to wait for its confirmation: consolidation above 0.4367. This may cause a rally to 0.6 - 0.7.

Regards R. Linda!
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A correction from consolidation resistance is forming. The market needs to accumulate potential and energy to get an opportunity to break the level and continue growth
Bitcoin (Cryptocurrency)BTCBTCUSDTChart PatternscryptoCryptocurrencyDescending ChannelFLATFundamental AnalysisSupport and ResistanceTrend AnalysisTrend Line Break

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