Metaverse
Zooming in on MANABTC is behaving, bullishly bouncing off its support, poised to break $45k with resistance around $45,150 area. Sometimes after MANA rallies, it takes a break and the other tokens take a turn. I was concerned about yesterday's rally being shorted after Samsung's V-day novelty wore off, but thanks to JP Morgan stepping into Decentraland, MANA is following its path to the next levels. I zoomed in on the 1hr to illustrate where MANA is at and where it will have minor resistances on its way up to the next targets. This is not financial advice. MANA does need to break $3.41 or risk creating a short-term H&S. An hour ago, I was keeping an eye on the $3.16 level. Should MANA drop below this support, a drop to $2.97 is likely. Don't get me wrong, I believe MANA will hit $2.97 in the future, BUT I think it will hit $3.88, $4.34, maybe $5.10 first. Again, not financial advice...but yes, MANA is following all the fundamentals.
Very oversold right nowRemember that facebook is run by mark zuckerberg, he's an alien lizard with superhuman iq. This in itself is bullish.
FB will have to reinvent itself, we will have to see if the metaverse is a success. But this stock is very cheap now and sentiment on all time low. Feel like this might bounce again.
MANA: WILL METAVERSE TAKE THE MARKET BY STORM?Some points to mention regarding the chart:
1. The significant role of MA21.
2. The steady and consistent volume, albeit at lower levels compared to the previous bull rally.
3. The 2.5 - 3.5. is of great significance considering the price history in this region. The manner of breakout is consequential.
$FB Key Levels Analysis & targets - Deep targets$FB Key Levels Analysis & targets - Target 1& 2 hit
Target 3 & 4 are on deck
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Facebook - METANice day to everybody,
I am preparing to entry.
Meta had quite strong, maybe panic reaction, after earning.
The reaction was really strong.
Now is gap between 320-250USD. This gap should be filled in the furute.
I am not entering now, but preparing for taking the position. I would like to see some accumulation around 200USD or a little bit less.
Whole stocks market is tricky and I would like to be more sure before entry.
Tip: you can see how gap works. It's like magnet, previsou gap was between 230-250 and now is filled.
Facebook: META - FB' Future / Prediction Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc
is facing a bit of a challenge as of late but will soon grow some wings...
it should turn from 294.61 & go up from there but if break below 2920? then it will kiss 245.94 (worst case)
*The curves
I am 250% Bullish......and patient. The chart really hasn't changed. Mana bounced off of the lower trend line (BLUE). Months ago, I started illustrating MANA's progression through Cup and Handle patterns, one leading into another, acknowledging the function of time as an unknown. Time is on our side, as the patterns play out, the deeper the head, the higher the target. Same concept is illustrated today using micro and macro Inverse Head and Shoulder patterns as projected through resistances and their relationship to the Fib .5.
Although this is the daily chart to show the big picture, zoomed in on the 2hr, MANA is currently completing an Inverse H&S (ORANGE) with a target in the $3.33 range. This will leave MANA in last week's position, needing to close above last week's high of $3.55, hopefully with more strength from the recent drop. This would lead to $3.64 and then the $3.80 area, completing another Inverse H&S (GREEN) with a target around the ATH. From the ATH, MANA would complete the macro Inverse H&S (PURPLE) with a target of around $10. There is no data above the ATH and MANA may see the same parabolic pump, (1/2 around 250% from current price, but 500% higher than the Fib. low @ $1.71). Just as what goes up always comes down, that which comes down, will again go up. The industry is growing (just beginning), not shrinking. These are just my ideas and not financial advice. I do not recommend using this chart as a function of time...I truncated it to fit in the screen. I am not expecting anything below $2. What happens after $10? Depending upon when THAT happens, probably a drop to $4.90 in early October or $5.90 at the end of December...not crazy talk, just when the lower support that now sits around $2 would hit projected Fib. retracements after $10...so who knows?
Link to 2hr time frame:
ENJIN COIN DAILY ANALYSIS ENJUSDT (ENJIN COIN )
💹 Time Frame: Daily (Update)
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🟢ENJ took a strong rejection from the major resistance zone around $2.16 - $2.25. Also, there's a supporting uptrend line, which can act as a support in the future. Around, $1.43 - $1.50 is the next
support area where you can look for buying opportunities. Let's see what is going to happen in next coming days?
🟢 This Analysis will be Updated
Amir Hossein
📅 02.12.2022
⚠️ (DYOR)
TLM double bottom detected?This is my prediction. TLM is still moving at the bottom and try to going up. I think this is a cool pattern. It's not a short time for TLM to moving up, but I believe it's a really beautifull pattern. I still hold my TLM because I believe in this game project. This game has the highest number of players compared to other games including "AXIE INFINITY" with more than 1 million players (check this -> dappradar.com ). This is just an analysis, please think again and use your own analysis before buying TLM. How about your prediction? Please comment below and let's share information. Cheers
Nb : $0.8571 is fibb 1.618
#LOOKS Rare "Has the euphoria worn off? FEB tough month#LOOKS Rare "Has the euphoria worn off? FEB tough month!
The ongoing competition between #opensea and #looksrare may be waning. Recent market activity details 7-day transaction levels at the $800.0M +/- range with #opensea boasting 195,000 users vs. #looksrare 8,920. Volume levels may be indicative of ongoing interest in rewards base trades.
SLP more up side to come.After the season 20 update that reduces the daily supply by 56% SLP has been sky rocketing and is up 260%. still 10X potential in my opinion.