Fantom Daily TA : 01.07.22 : $FTMAs you can see, the price has pullback to the broken level of of its resistance, and if it stabilizes, we can expect further price growth up to the previous ATH.
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.Jan.22
⚠️(DYOR)
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Metaverse
Metaverse-No force on earth can stop an idea whose time has comeMana
The first VR head-mounted display (HMD) system, The Sword of Damocles, was invented in 1968 by computer scientist Ivan Sutherland and his student Bob Sproull. As I said “No force on earth can stop an idea whose time has come” They can ban crypto,bitcoin,stablecoin, etc. Except Metaverse and Nft! I believe that “Mana” is bitcoin for Metaverse world!
Q4 of last year Mana had massive bullrun since november has been correcting..now we can see that Mana creating double bottom W.
As a support or resistance we can use our fib levels.If it manages to break out resistance 3.74 (which is fib level 78.60% and at the same time neckline of double bottom) then we could see more bullish pressure arise and ofc new ATH’s
Not financial advice!!!
IOIUSDTHi all,
I´ve got the request to check IOI/USDT because now is hype about this coin.
The Slovak company looks really good and wanna be succesfull - the about 50 people doing really well job. Their comunity increasing a also their twitter updates are good. On the coinmarketcap ranking is around 3000. But you don´t be afraid - it´s not a scam. Metaverse/ NFT/ Gaming - this sector will be growth rapidly I think.
In the daily chart the downtrend was stopped and the flag resistance was broke the resistance and trying to stay safe. We can go thru next stronger yellow trendlines (resistances) or we can retest support in the yellow rectangle and if we fail - retest in the green support.
So - if you wanna try your lucky and go for market - use SL under yellow trigger. SL is must have with no discussion.
Because it´s realatively new coin, with hype - we can go higher. But I will not buy earlier than we will be definitely thru the yellow rectangle or in the yellow elipse.
SL 1 (if you are in) - 25% (1.81 usd)
SL 2 (if you wanna buy on the bottom of yellow rectangle) - 29% (1.348 usd)
TP 1 - 15% (or 40%)
TP 2 - 42% (or 80%)
TP 3 - 83% (or 130%)
TP 4 - 122% (or180%)
TP 5 - 182% (or 255%)
It´s up to you guys. RRR is huge, so good oportunity. We will see after few weeks where IOI will be...
LBL_CZ
GALAGALA isn´t so far from buy signal... you have to types of buy signal:
a) in the green zone (0,4 usd)
b) wait for the break of trendline (4h - 12h)
SL is under the biggest wick around 0,3662.
TP start from 20-25% (around 0,5 usd) and higher.
RRR will be definitely more than 2. What we need now is volume.
LBL_CZ
The $sILV pool was never an official Illuvium creation - Word!The token price of illuvium skyrocketed even without releasing a playable game. The venture has a reported $1,463,444,127.00 staked. The team recently announced that a hacker has made off with some prized rewards...BUT DO NOT DESPAIR!
ILLUVIUM An open-world RPG adventure game built on the Ethereum Blockchain. Journey across a vast and varied landscape on your quest to hunt and capture deity-like creatures called Illuvials.
How do you swap the tokens out of the pool if you did not create? Where did you get the KEYS?
History repeats!
An Overview of the Metaverse Platforms in 2022A quick and dirty overview of some of the major metaverse contenders out there, with a look at Decentraland, Cryptovoxels, The Sandbox Game, Somnium Space, Upland, Meta, Roblox.
Check out ryangtanaka.eth or play.decentraland.org for my in-progress plot. Livestreams and ideas/videos upload to come soon.
🔥 GALA Massive Bull-Flag: Time To FlySince making the huge move in late November, GALA has been trading up and down without much volatility. During this period of consolidation a clear bull-flag pattern has emerged on the chart.
Since BTC seems to be reversing together with new all-time highs of the stock market, it might be a good time to take a closer look at GALA. If BTC continues its bullish behaviour, I'm expecting a bullish break out in the near future. Since we're currently trading near the support of the pattern, risk-loving traders might already consider an entry.
Targets are placed at the all-time high and a local top.
Happy trading!
To Infinity and Beyond! (Axie Infinity)Axie Infinity (AXS) was one of the first gaming tokens to go on a strong run with huge % gains. The most recent impulse movement began from Sept to Nov 2021 where AXS made an ATH of ~164 and increased by ~223% in that period. Since then, AXS has been trading in a descending channel where it has found good support at the 38.2 fib level which is often a strong area to buy after an impulse movement has occurred.
Assuming the support holds, AXS can trade toward the upper end of the descending channel and with enough volume, breakout of this channel with a mid-term target at the 61.8 level. In the case of an exceptionally strong impulse movement, it can target the 78.6 fib. Of course, all alts still answer to BTC (apart from a few gems...) so trade carefully.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments, questions and thoughts below!
BTC Analysis Weekly Chart If we look at the weekly chart, we can see that the market has broken the uptrend trendline but it's not downtrend YET!!
If market terminates the first demand, we can say that the market is downtrend and it will fall down to the second demand.
So now the market is in the consolidation phase.
XCUR AN UNDERVALUED NFT MARKETPLACE IS ON A VERY IMPORTANT DEMAccording to the price action+ Indicators and the fundamentals of the project I think 1.8-2$ is the bottom for XCUR and if nothing weird happens, It's going to rise so much because right now It's undervalued compared to other NFT marketplaces.+ XCURBTC is on a very important and strong level which shows it can outperform BTC.
RBLX bullish into 2022! $150+The RBLX daily chart is starting to look great! If RBLX can hold $100 - $103 then we start to have a lot more room to continue higher and re-test all-time highs. Combine the great daily chart with the potential of the Metaverse in 2022 and we could easily see $150 by the end of 2022!
$HERO Bullish Idea!KUCOIN:HEROUSDT is a premier metaverse project that has the potential to catch up to the leaders in this space.
IDEA:
$HERO put in an impressive 30-day run before having to take a refuel break and it looks like that break is just about done and $HERO wants to start running again.
Confluence:
1) Wave 4 pullback to the golden zone and a nice bounce off the 0.786 retracement.
2) MACD & RSI look primed
Entry:
1) Waiting for a cross above the 200-day moving average at $0.155 would be a safe play.
2) Riskier investors will want to enter now.
Target:
1) The midline of Andrew's pitchfork lays a nice target of $0.30 with Q2 being a solid timeline.
Would love to hear your thoughts on KUCOIN:HEROUSDT
MANAUSD gathering strengthMANAUSD is still sideways even after breakout of mini wedge pattern. I still see a slight dip towards our buy zone, which is near FIB 0.236. Will enter long at that level and hold to ride next wave upward towards TP1 (3x)and TP2 (5x). Stop loss set bottom of buy zone box in case bearish sentiments prevails in the overall crypto market.