ZKTUSDT hidden gem on Layer 2. Major updates are here!Fundamental Analysis #ZKTUSDT
zkTube has Rebranded to ZKTMETA :
Key Takeaways
By merging its metaverse operation systems with its industry-leading Layer-2 network, ZKTMETA is turning the dream of a rich metaverse into the average consumer’s reality
The project is all set to facilitate metaverse games with the sophistication of epic proportions thanks to the raw power, affordability, and security of its Layer-2 network
At the same time, it’s empowering creators by laying the groundwork for them with the metaverse operation system. This will undoubtedly accelerate the pace of innovation as more and more creators bring their diverse imaginations to the table
The potential of ZKTMETA is already being realized in the form of its first metaverse game known as MetaTube.
1.Building a Metaverse Operation System on Layer 2
2.Why Layer-2 is the Right Choice ?
3.The Future of Metaverse is Here
4.The First Metaverse Game on ZKTMETA
Checkout their official twitter updates @zkTubeOfficial
Technical Analysis
1.Breakout from 13-21-55 EMA and retesting the level and show's perfect time to enter.
2.Breakout from descending triangle and retesting shows momentum .
3. Etherscan shows major coin holder's are accumulating in dip.
#ZKTMETA #ZKTUSDT #metaverse #blockchain
Layer2
Target of fifth wave, $16On 15m TF
Let's surf! Target at $16
Right now, WAVES's completed three waves at 14.6 and the fourth wave is coming down to 13.1, perhaps.
Chance to join at there.
EW: Fourth wave's done? Buy or sell?On daily chart
From July to Jan, BINANCE:CRVUSDT has done three waves at 6.8
Right now, it's trading around 2.0
At ATH on July, there's not a golden ratio of impulse wave. I figured out a golden ratio at 13.
Besides, it's a invalidation level below 1.8
What next, wait and see
Polygon (MATIC) In Support Zone!MATIC has been starting to bounce between a $1.30 support zone and a $1.75 resistance since late February of this year. As of right now we have really been respecting the 0.382 Fibonacci level at $1.41 cents. We are also trading just slightly under our POC (Point of Control) on the visible range indicator as well which is about $1.40 cents.
On the Stochastic RSI, MACD, and RSI we're in near oversold territory as well. We have a nice wave like troughs on our oscillators. I believe once we get to peak & crest levels on the oscillators we will possibly see a nice bump up to the 0.5 Fibonacci level at $1.66 from these current levels.
These are pretty nice levels on the daily for MATIC right now especially on the oscillators. I believe we will inevitably run back up past $2.00 at some point as Layer 2 Ethereum scaling solutions, Metaverse, and ZK rollups starts becoming a strong narrative. As of right now we're in a nice support zone of between $1.30 - $1.45.
Keep MATIC on your radars at these levels! Much peace, love, health, and wealth!
Prepare to pump, over 100% On 1H TF
Loopring ( BINANCE:LRCUSDT has been retracing after surged to 1.36
Right now, LRC is trading around 0.89 with the invalidation level below 0.835
We have a huge potential to take profit up to 105% at this price because of a golden ratio 1.382 Fib of wave 3 at 1.8
Wait and see
$MATIC bounce from support?I would expect a retest of the support which we currently bounced from to confirm support, we have the same setup playing out on $DOT. Either we retest and form a double bottom or we flip the little resistance we facing at 1.43-1.47 on the 4hr TF taking us all the way back to the 200-day ema on the daily TF.
AVAX/USDT recovery to 120.00 expected in a first stepAVAX/USDT recovery to 120.00 expected in a first step
Avalanche - AVAX is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.
Avalanche Supply
Circulating Supply = 245 277 496 AVAX
Total Supply = 395 891 290 AVAX
Context
Avalanche is a hot trendy network platform which introduce the token in october 2020 before progressing fast towards the 54.00 USDT area and evolving in a trading range the first semester of 2021.
The AVAX price action during sept/oct 2021 confirmed the bullish breakout from the consolidation phase with a pull back on the former resistance (54) - The consolidation ended in January 2022 on the same level which graphicaly speaking a strong validation
The long term logic (Elliot / Harmonic proportion) lean towards a construction of the wave C/ or III/ which providing a Strategic perspective target towards 170.00 only after at least surpassed the 120.00 tactical in daily close.
Tactical View - 1 to 3 Weeks
Technical elements (EMA21/55/89) are all surpassed acting as support at 79,50/84 (entry level in case of dips) and the RSI indicator is also reaching the positive area above 50% providing a clear bullish signal.
As long as Key Tactical Support remains valide at 54,00 in daily close a further bullish move in extension is expected towards at least 104,00 and 120,00
Only a break below 54,00 will jeopardize the actual bullish picture opening an alternative bearish potential towards the Strategic Key Support.
We add AVAX at 74,90 in the AKT Portfolio
Enjoy
$OMG/USDT 8h (#BinanceFutures) Falling wedge breakout and retestOMG Network (a.k.a. OmiseGo) regained 50MA support and is pulling back to it, looks good for another bounce after.
Current Price= 4.023
Buy Entry= 4.004 - 3.800
Take Profit= 4.399 | 4.798 | 5.237
Stop Loss= 4.085
Risk/Reward= 1:1.2 | 1:2.16 | 1:3.22
Expected Profit= +25.48% | +45.92% | +68.42%
Possible Loss= -21.28%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 5 weeks
Tags: #OMG #OMGUSDT #PoA #OmgFoundation #BobaNetwork #Layer2 #Scaling #DeFi #Payment
Website:
omg.network
Contract:
#ERC20 0xd26114cd6ee289accf82350c8d8487fedb8a0c07
17$ imminent for MATIC 2022Matic is among the largest token in the layer 2 project
In the technical analysis we see 17$ is imminent and the market has respected zones in the bullish parallel channel
Let wait for fundamentals to support increase in price,lets hold and wait,the future is promising
Buy matic buy matic buy matic
Share your comments below please……..
Lets exchange ideas so as we can will together…..
$LPT/USDT 6h (#BinanceFutures) Bull pennant breakout and retestLivepeer Token regained 200MA support and looks ready for bullish continuation after that pull-back.
livepeer.org
Current Price= 46.751
Buy Entry= 46.750 - 44.510
Take Profit= 53.870 | 62.582 | 75.612
Stop Loss= 40.908
Risk/Reward= 1:1.75 | 1:3.59 | 1:6.35
Expected Profit= +36.12% | +74.30% | +131.42%
Possible Loss= -20.70%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 1 month
CELRHi Everyone...
Today sits the news of the US Federal Reserve
If the news of contractionary policies does not come from the United States ...
I think CELR is in a good place and can be bought for higher purposes
But 0.021 can be considered as support if the US tightening contractionary policies are heard.
$DYDX/USDT 3h (#BinanceFutures)Falling broadening wedge breakoutdYdX Protocol regained 100EMA support and seems to be strong enough to keep going up, let's catch next dip!
dydx.community dydx.foundation dydx.exchange
Current Price= 7.903
Buy Entry= 7.788 - 7.456
Take Profit= 8.533 | 9.435 | 10.725
Stop Loss= 6.919
Risk/Reward= 1:1.3 | 1:2.58 | 1:4.41
Expected Profit= +23.90% | +47.58% | +81.42%
Possible Loss= -18.44%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Contracts:
#ERC20 0x92d6c1e31e14520e676a687f0a93788b716beff5
#SPL 4Hx6Bj56eGyw8EJrrheM6LBQAvVYRikYCWsALeTrwyRU
Aurora (SLEEPER THAT MAY BE A KEEPER LONG TERM)Aurora is the Layer 2 smart contract solution on NEAR PROTOCOL which is the rank # 23 on coin market cap.
Aurora is an EVM (EThereum Virtual Machine)
As of yesterday the market cap was around 18 million. Today the market cap is sitting at 30 million.
Alt high of 5 cents. Currently trading below 3 thousandths of a cent
Weekly break and retest confirmed. Momentum coming in VIA volume and market cap indications.
I'm expecting this smart contract layer to preform very well in 2022. I have 3 plotted out take profit points located at the golden ratio extensions. However I can see this coin doing very well in the 3-5 year mark as a HODL
Keep Stacking It
-HP
STX entry 1.8 to 2.06 through 4.Stacks ($STX) is a layer 2 (or as described by Stacks as a Layer 1.5) smart contract protocol that lives on the Bitcoin blockchain. Via Stacks DeFI and other utility/protocols including City Coins (currently being minted by New York City and Miami and soon Austin and others), while other DeFi platforms built for Bitcoin live on other layer 1's (i.e. Badger on Ethereum), a smart contract protocol on top of the most secure blockchain may or should not only assist in avoiding a "flippenning" but is critical at a time where multi/cross/para chains are the current solutions to avoid bouncing protocol to protocol.
Additionally Stacks was both the first cryptocurrency to be acknowledged by the SEC as a security and also to be no longer recognized as a security by the SEC after successful adoptions. DYOR, Grayscale and partners have significant involvement in Stacks and was instrumental in the SEC approvals. This is pure gut but my gut says Grayscale will be the first BTC ETF approved by the SEC due to familiarity, etc.
Fractals show a similar pattern having already taken place, expect a full push or a pullback and then push to and through $4. Naturally as tied to Bitcoin, BTC volatility could slow or speed up the growth of STX, but smart contracts on the Bitcoin blockchain is powerful and not discussed nearly as much as one would expect.
The stacking opportunities and ecosystem being built around Stacks i.e. City Coins (read NY and Miami Mayoral comments on plans) make this a long term hold for those who want, as blockchain continues to proliferate real world applications beyond just crypto.