Metaverse
Keep an eye on CHR!Here's a quick look at the CHR Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the immidiate breakout from the falling wedge , then the best entry would be when the price breaks above 0.5$ with good amount of volume . Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 0.5$ and take profits at the levels shown in the chart.
Targets:
1. 0.58$
2. 0.68$
3. 0.85$
4. 1$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ETCUSDT 1D TA : Break TrendLineSuccessfully broke the resistance of the trend line upwards and completed the pullback. We are currently expecting a price increase of up to $ 62. In case of lack of buyer support and analysis, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Analysis for APE coin (Bored Ape NFTS)Right now ape coin has been channeling upwards through the Fibonacci channel between the 0 - 1 Fib channel levels, those in long positions do be careful that once it breaks below the 1, do expect the coin to come back down between 11.206 (0.618 Fibonacci retracement level) and 12.347 (0.382 Fibonacci retracement level). I will keep an eye on this coin for an I am currently also holding this coin as I bought it early before major exchanges listed it at around $7.5. As of now as long this coin remains in the Fibonacci channel and is currently in an uptrend I will remain bullish until further confirmation.
$APE/USDT 1h (#BinanceFutures) Rising wedge breakdownApeCoin looks ready for a local retracement down here after being rejected on supply zone.
Current Price= 13.442
Sell Entry= 13.757 - 14.359
Take Profit= 12.406 | 11.300 | 10.195
Stop Loss= 15.440
Risk/Reward= 1:1.2 | 1:2 | 1:2.8
Expected Profit= +23.50% | +39.24% | +54.96%
Possible Loss= -19.66%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 5 days
Tags: #APE #APEUSDT #NFT #Metaverse #Gaming #Creation #Web3 #DAO #Governance #DeFi
Website: apecoin.com
Contract:
#ERC20 0x4d224452801aced8b2f0aebe155379bb5d594381
BTCUSDT 4H TA : New UpdateCurrently, an important support area has been created for the two trend lines and static price support, which we expect to support this area. It should be noted that to create an uptrend, we need to stabilize the movement above $ 45,800 to build a new peak. In case of loss of support, the fallout process and analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
MBOX can increase at least 50%#MBOX/USDT
$MBOX broke out from descending resistance and price is inside daily resistance zone.
🐮 it is possible to have a pullback to support zone and then head up to break out resistance zone to reach next resistance between $3.7 and $4.2 which is more than 50% increase from here.
break out from $4.3 can increase price to $5.
Is Facebook ready to buy a major gaming stock?Facebook’s transition into Meta Platforms (NASDAQ:FB) and Mark Zuckerberg’s big push into the metaverse — the concept of a shared 3D virtual platform where people can socialize, work, and play — spurred a sector-wide move by tech companies to branch out into other areas like gaming.
The burgeoning gaming industry has transformed into a $198.4 billion sector in 2021, far exceeding the combined market size of the box office and the music industry, according to market research firm Mordor Intelligence.
Meta and VR gaming
Even before Meta announced its push into the metaverse in October 2021, the social media behemoth has built a presence in the gaming market with its acquisition of virtual reality company Oculus in 2014. Meta’s foray into the metaverse would make its Oculus VR headsets more appealing to the market amid strong competition against other VR headsets in the market like HTC’s (TPE:2498) HTC Vive and Sony’s (NYSE:SONY) PlayStation VR.
A sharper focus on gaming would encourage Facebook to double down on its investments in the gaming sector far beyond hardware and building a metaverse. The company, which also owns Instagram and WhatsApp, could soon build an army of tech talents that specialize in gaming.
Meta gobbles up gaming studios
In the months before it rebranded into Meta, Facebook went on an acquisition spree buying small gaming studios. Among its most recent acquisitions in the gaming space are studios Ready at Dawn, Unit 2 Games, VR firm BigBox VR, Downpour Interactive and Sanzaru Games.
However, Meta has yet to spend billions of dollars on a gaming company since its acquisition of Oculus in 2014 for $2 billion, raising the prospect of a potential acquisition of a larger gaming studio similar to recent moves by Sony, Microsoft (NASDAQ:MSFT) and Grand Theft Auto publisher Take-Two Interactive (NASDAQ:TTWO).
Multi-billion gaming deals
Three multi-billion dollar gaming deals welcomed the year in January, starting with Take-Two’s plans to buy mobile video game company Zynga for $12.7 billion, which was thought to be the gaming industry’s biggest acquisition on record until Microsoft announced that it is buying Activision Blizzard (NASDAQ:ATVI), the studio behind the Warcraft, Diablo, Overwatch and Call of Duty franchises, for $68.7 billion in cash.
Microsoft said the deal would make it the world’s third-largest gaming company in terms of revenue behind Tencent (HKG:0700) and Sony. Two weeks later, Sony said it is buying Bungie, the video game developer behind the Destiny and Halo franchises, for $3.6 billion.
Which gaming studio is Facebook eyeing?
With Meta’s intentions to promote the metaverse concept, industry watchers are now waiting for the company’s next big move. Meta will likely look to gobble up a gaming studio with a massive presence in the market such as France’s Ubisoft (OTCMKTS:UBSFY), the developer behind Assassin's Creed and Prince of Persia. Ubisoft CEO Yves Guillemot last month hinted that it is open to offers from companies.
Roblox (NYSE:RBLX), Playtika Holding (NASDAQ:PLTK) and Super League Gaming (NASDAQ:SLGG) are also likely targets if Meta chooses to snap up the bargains on these companies after their shares tumbled to near record lows recently.
In June 2021, Meta bought Unit 2 Games, the studio behind Roblox-like gaming platform Crayta.
Decentraland (MANA)Metaverse cryptocurrencies are popular among consumers searching for undervalued and underappreciated projects to invest in during the current crypto bear market. Years of experience in crypto have taught me that markets often exhibit a protracted and painful downturn followed by a brief bullish run in which you can easily see ten or twenty times your return if you invest in the correct projects.
This article examines our selection of the best three Metaverse cryptocurrencies that you should include in your portfolio.
$2.43 Decentraland (MANA) - $3.68 Billion Market Cap
+7.7% in the last seven days
Block Tackle Raises $5M Block Tackle is a new Web3 gaming startup that has raised $5 million in seed funding.
The studio is working on SkateX, a Solana-based video game with NFT skateboards.
Veteran video game developers are pouring into the blockchain space, if recent studio funding announcements are any indication, and here’s another to add to the list. Today, startup Block Tackle announced that it has raised $5 million to develop a Solana-based skateboarding game called SkateX with a team of experienced developers.
The $5 million seed round was led by Play Ventures and Cadenza Ventures. An array of other notable investors also participated, such as Coinbase Ventures, Solana Ventures, leading metaverse investor Animoca Brands, and Twitch co-founder Kevin Lin.
BTCUSDT 4H TA : Break TrendLine According to the chart, the downtrend in the triangle pattern is broken upwards and after stabilization, it can move to the range of $ 43,500 and $ 46,000. If the downtrend is not stabilized, it could fall to $ 40,600 and $ 39,400.
We are waiting for consolidation.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
AAVE on ResistanceAccording to the chart, the important support area is broken and the resistance point of the trend line and the static price resistance are formed, which we predict will need more correction in terms of time in case of inability to break this area. Upon failure of this range, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BINANCECOIN Break TrendLineBNBUSDT It has already broken the bearish trend line in the support range, Now if stabilized, could reach the $ 430 target and with the further support of buyers up to $ 520. If the support range is broken, the analysis is updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SAK Assets DAY1AUDIOUSDT 🐳 15min
The project is a Reverse Engineering of the indicators that most of ETF systems use, including the world's largest investment fund "BlackRock" which controls 8 Trillions dollars.
What if you can make 10% of your capital every day ?
👉 After 90 days/operations the 1000 dollars can reach 4,8 Million dollars :)
SLP 3 day chart still in consolidation boxSMOOTH LOVE POTION (SLP)
updated 03-19-22
3 day chart...its gaining some legs
as well as some nice volume...lets keep
an eye on this Axie Infinity little bother
token.... prices and resistance listed. ITS continuing
to stay and close inside the consolidation purple box.
SAK Assets DAY1What if you can make 10% of your capital every day ?
After 90 days/operations the 1000 dollars can reach 4,8 Million dollars :)
Balance
Day1 $1 000
Day2 $1 100
Day3 $1 210
Day4 $1 331
Day5 $1 464
Day6 $1 611
Day7 $1 772
Day8 $1 949
Day9 $2 144
Day10 $2 358
Day11 $2 594
Day12 $2 853
Day13 $3 138
Day14 $3 452
Day15 $3 797
Day16 $4 177
Day17 $4 595
Day18 $5 054
Day19 $5 560
Day20 $6 116
Day21 $6 727
Day22 $7 400
Day23 $8 140
Day24 $8 954
Day25 $9 850
Day26 $10 835
Day27 $11 918
Day28 $13 110
Day29 $14 421
Day30 $15 863
Day31 $17 449
Day32 $19 194
Day33 $21 114
Day34 $23 225
Day35 $25 548
Day36 $28 102
Day37 $30 913
Day38 $34 004
Day39 $37 404
Day40 $41 145
Day41 $45 259
Day42 $49 785
Day43 $54 764
Day44 $60 240
Day45 $66 264
Day46 $72 890
Day47 $80 180
Day48 $88 197
Day49 $97 017
Day50 $106 719
Day51 $117 391
Day52 $129 130
Day53 $142 043
Day54 $156 247
Day55 $171 872
Day56 $189 059
Day57 $207 965
Day58 $228 762
Day59 $251 638
Day60 $276 801
Day61 $304 482
Day62 $334 930
Day63 $368 423
Day64 $405 265
Day65 $445 792
Day66 $490 371
Day67 $539 408
Day68 $593 349
Day69 $652 683
Day70 $717 952
Day71 $789 747
Day72 $868 722
Day73 $955 594
Day74 $1 051 153
Day75 $1 156 269
Day76 $1 271 895
Day77 $1 399 085
Day78 $1 538 993
Day79 $1 692 893
Day80 $1 862 182
Day81 $2 048 400
Day82 $2 253 240
Day83 $2 478 564
Day84 $2 726 421
Day85 $2 999 063
Day86 $3 298 969
Day87 $3 628 866
Day88 $3 991 753
Day89 $4 390 928
Day90 $4 830 021
THINK BIG ;)
Gala short setup The Gala games are giving multiple indications of a sell off. The multiple timeframe OB was filled, as well as the Fair Value gap. The way I see it, the liquidation from the tripple top X has been taken; and smart money has already startet mitigating their positions from the volume profile POC
Potential X2 and Maybe MoreHello everyone,
Hero has just broken its massive descending trend from 26 cent and its smaller triangle starting from 0.10670 usd in 4h chart. Those breakouts have just come with Rob Gryn'd tweets about everdome. According to technical chart, it's first aim will be to hold above 0.10670 with appx %133 profit. (As per triangle break-out)
Guys, here the closing in 1d chart is the most important indication. If hero can do it, buy anywhere below 0.05 usd and hold till 0.1 usd
With a good bullish run which is expected in market overall, Hero will try to reach its former ath as per descending trend break-out.
There is high potential profit here. Watch the daily closing carefully. If it closes above the purple line buy and hold for x2-x4 profit.
DYOR