Get started

Metaverse

MANAUSDT UPDATE Despite the majority of the crypto market higher time frame narrative being bearish, mana along with a number of metaverse gaming tokens are showing Bullish patterns on HTF, and potentially decoupling from BTC due to the "metaverse boom". On the monthly TF price has retraced to the 0.618 and bounced with a strong impulsive move. On the 1D we can see how this impulse has broken above the downtrend and made a new HH. We are going to waiting on lower timeframes for the market to provide us a correction to retest previous resistance as new support and potentially form a new HL and form this nice inverted H/S , if we see correct confirmations according to our strategies inside of the identified zone we could enter potential leveraged long position. Setup invalidated if this zone fails to hold as support.📈
Long
by ITSCRYPTO1
1
Beginning a new rally based on the wave 5Bitcoin has recently broken its trend with a strong daily strong candle. If it stabilizes above the downtrend line (red line), it can temporarily start a new uptrend rally. According to my research, wave 4 correction can end in the form of a triangle that we are currently in D branch. I have shown the future trend of Bitcoin as shown. The following analysis is the result of hours of research, but my attempt has been made to display the chart simply. I am waiting for your comments.
Long
by universmeta
1
$MANA showing some strengthThere will need to be confirmed with a strong close on the daily candle but it MANA is looking very bullish. It has broken a 2-month downtrend with gusto on good volume (roughly 12 million above the 20 day MA), passed a test of the 50 RSI, and is on the verge of a bullish MACD cross. With there now being ETF's for the Metaverse and awareness and adoption rapidly increasing, it is a no-brainer that MANA will go up in value as more and more users join the metaverse and increase transactions/advertisements/DAU/time spent in the metaverse. The technical set-up is really nice too.
COINBASE:MANAUSDLong
by EBITDAtiger
$9 AprilMANA is positioned to hit $2.98. Should MANA get through the $3 psych. resistance, it will be set up for a move to $4.15 with a lot of resistance in the $3.50 area. Breaking the trend line around $3.50 opens the gate to an easy path towards $4.15. I anticipate a 15% drop at that time to retest the former resistance before heading up to $5.40. A sharp drop to $4.22 or even the former resistance line (around $3.20 when the time comes), followed by a parabolic shot to $9.23. This is just an idea, as it will have to get there sometime...and not financial advice. MANA needs to break $3.50 first. This bullish theory will be invalidated with a drop below $2.30.
MLong
by keykomg
Is Face book undervalueLet’s start with fundamentals: 1.Earning for q4 was about 4 % below estimate (33.67 B) but still 20 % higher than same period last year. 2.Totall net income for 2020 was 29.15 B and for 2021(4 quarters) is 39.37 B. Isn’t it wonderful? And FB is trading at 232$ (is equal to the average price of 2020, but with 34% higher net income.) And after all FB is heavily investing in metaverse. This investment reduces net income for the current year and it will gain it back in near future. Now technical: 1.Who bought 181 M of FB shares yesterday and 42 M of shares until 12 PM while the average volume was about 20 M? Yes, big boys 2.look at the chart at weekly period: The important 200 moving average is touched and since 2016 only was touched 2 times, once in Dec2018 and the second was in March 2020 at the beginning of the pandemic. This moving average is an important support. 3.The volume that has been traded in this week is more than the volume in the peak of covid19 decline. 4.You can see the black line is a very strong support. 5.The CCI level is -385 which is the lowest amount from the IPO 6.The RSI level is 23 which is the lowest amount from the IPO. All saying that it will see the real value.
NASDAQ:METALong
by aliahmadieng1362
DigitalSurf: SANDUSDRecently just hearing of the Metaverse and deciding to take a look closer at SANDUSD (thanks for the idea, Big Dave). The all-time structure suggests that this NFT based virtual asset is currently in a diagonal wave for its Wave 5 move. Considering the present build of the said diagonal, it appears that it may develop in very volatile and aggressively bullish fashion. I anticipate an upcoming test near the range of $10. I also expect this test to find initial failure. Upside pattern becomes immediately invalidated if the red line becomes broken. For more analytical coverage of SANDUSD, BTCUSD and other promising cryptocurrencies, grab a board :)
BINANCE:SANDUSD
by DigitalSurfTrading
5
META /FB Unique buy opportunity to double the investment at $480Following the disappointing earnings, the Meta Platforms stock (formerly Facebook FB) saw a decline of more than -25% in a day. This is not the first time that we see the market panic over FB or its earnings in particular. It is interesting to note that the correction from the September 2021 High is around -38.50%, roughly the same as the January - March 2020 correction due to the COVID outbreak. The price almost hit the 1W MA200 (orange trend-line). During the COVID correction, the price dropped even more to the 1W MA300 (red trend-line) and if that takes place this time around as well, then we should be looking at roughly a -45% correction. The last correction of that magnitude was back in July - December 2018, a disappointing period for FB due to the data scandal, new users decline, security issues and of course disappointing quarterly results. Which is more or less the situation that the company is facing today. As a result, it is easy to understand that FB is familiar with this kind of pressure and all times came out stronger with a Higher High near the next +1.0 Fibonacci extension. So even if we see one last flush to the lower MA period, this seems like a unique buy opportunity for long-term investors. The next Fibonacci extension to fill is Fib 4.0. A target slightly below is $480, which from the current levels represent +100% Return on Investment (ROI) i.e. double the capital. Would you invest a significant portion of your portfolio now on Meta or wait a while longer? Let me know in the comments section below. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
NASDAQ:METALong
by TradingShot
11
Will the Bulls continue?In the past 24 hours, MANA has broken resistance, converted it to support, and is heading towards $3 after slight resistance at $2.88. Should bulls continue, MANA has a little resistance at $3.14, and significant work to do at $3.23, $3.90, $4.43. Many attribute MANA's initial spike because it "sounded" like Meta when FB changed names. This definitely brought attention to the asset, slid with Meta's recent earnings report but has since broken away into an ascending channel. The C&H pattern will break this short-term ascending channel, finding confluence with the 50MA around $2.98. It looks like BTC should be breaking $38k soon too. This is not financial advice.
MLong
by keykomg
1
AMD chart UPDATE Here's my current chart for AMD. I'm not sure what to make of it currently, on the one hand, I love this stock and everything about it. On the other hand, has it found a bottom?? I stopped trading AMD when it hit $120 the first time around, but I am looking to jump back in sometime. My initial reaction is this most recent drop followed by the rise is looking pretty wild (bear trap), especially if we hold over $118. My prediction based on the chart would be that after such a big rise on the near 40% drop, we could easily see some downside, but hopefully not much. Maybe you can sneak a buy of $110-$112, but who knows.. This market has been quite a ride! **Note, I have not looked at any fundamentals yet.
NASDAQ:AMD
by nicktussing77