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Metaverse

META is under pressure. Expect one last dip.META is trading around the MA50 (1d) since the Sep 14th Lower High and seems to be acting as a Resistance. The long term trend is heavily bullish on a Rising Support and best depicted by the application of the Fibonacci Channel. However a Channel Down is emerging and as long as the Lower High holds, we expect one final dip to gather new long term buyers. Trading Plan: 1. Sell if the MA100 (1d) breaks. 2. Buy at 265 (Rising Support). Targets: 1. 265 (Rising Support). 2. 385.50 (All Time High, under the 1.5 Fibonacci extension). Tips: 1. The most ideal sell target and obviously buy entry will be preferably if the RSI (1d) hits the 30.00 oversold level. Please like, follow and comment!! Notes: Past trading plan:
NASDAQ:META
by TradingBrokersView
6
MANA Looks GOOD ?!!?When taking a look at Decentraland "MANA", it is currently holding a key support level and when price is at support, the most probably outcome is for price action to become bullish and try to go for the next big resistance zone arounf $0.38 then $0.45. if the momentum continues, 100% gain from these levels are probable. This means price needs to reach $0.60 Let me know in the comments below where you think #MANA will go. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Long
by Navitility
Meta Platforms (META) -> Mega MegaphoneMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Meta. You can see that since the beginning of 2017 Meta stock - also known as Facebook - has been trading in a quite nice and obvious reverse triangle or "megaphone" pattern. Overall I do expect another retest of the upper resistance trendline roughly at $600 but we could certainly see some correction before the next impulse higher. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
NASDAQ:METALong
by basictradingtv
37
Merit Circle: Shaping the Future of Metaverse GamingMerit Circle is emerging as a pioneering Decentralized Autonomous Organization (DAO) that is shaping the future of gaming within the metaverse. Its vision is to provide an exciting way to earn through active participation in building this virtual world. Within the Merit Circle platform, a plethora of learning opportunities and support mechanisms are available to those who wish to step into the metaverse while reaping financial rewards from their gaming experience. It's no surprise that this approach echoes the successful inception of the game Axie Infinity, which was brought to life by the same visionaries. The organizational structure of Merit Circle ingeniously comprises a central DAO that guides operations across various smaller DAOs. This entire mechanism is powered by individuals and groups holding the MC token, which plays a crucial role in governance. The functioning of Merit Circle is designed to allow player-mentors to take on mentorship roles within the organization. These mentors have the opportunity to guide "students," who over time can evolve into mentors themselves. This system creates an advantage, as mentor status comes with benefits, including additional rewards based on performance. Currently, the organization is in the process of developing a platform that serves as the intersection between capital (represented by investors), expertise (mentors), and players (gamers). The Merit Circle token (MC) becomes the epicenter of all project activities. This utility token empowers holders by enabling them to actively participate in organization governance. MC holders have the power to vote on decisions of all sizes, from those impacting the entire ecosystem to smaller ones. This process takes place through a governance forum where members can voice their opinions and present proposals, which are collectively decided upon by the central DAO's contributing community, including players and mentors. Moreover, owning the MC token also grants access to a variety of other games following the play-to-earn model, as well as exclusive NFTs. The ingenuity of Merit Circle's operation further unfolds in its operations. The central DAO interacts with several smaller DAOs, each dedicated to a specific game within the play-to-earn ecosystem. A vivid example is the DAO associated with the renowned game Axie Infinity. In this DAO, over 1,500 skilled players have been benefitted with scholarships and support, enabling them to generate returns for the DAO itself. These returns, in turn, fuel the central DAO, accumulating the resources needed to expand its presence into new games, acquire more NFTs, and adopt innovative yield strategies, creating a continuous cycle of growth. Among the games currently available on the platform, three stand out: Sidus Heroes: A futuristic game within the metaverse, offering a wide range of activities from Arena battles to product crafting and resource extraction, ensuring an immersive experience. VulcanVerse: An MMORPG based on Greco-Roman mythology, where players own assets, including temples and even Gods. Through NFTs, players truly possess what they've earned. Axie Infinity: A captivating blend of Pokémon and Tamagotchi, where players are rewarded with tokens for battles and adventures. The focus is on battling, collecting, breeding, and developing a terrestrial realm for the beloved game creatures, the Axies. Furthermore, an exciting horizon awaits with the upcoming launch of several games, including titles like Ascenders, Metalcore, Mobland, and WonderHero. Merit Circle is undeniably on track to position itself among the top 10 on CoinMarketCap, solidifying its role as the blockchain gaming powerhouse of tomorrow.
MLong
by SophiaAnderson
#CHR/USDT 12h (ByBit) Descending wedge on supportChromia just printed a dragonfly doji, bullish reversal towards 100EMA resistance seems around the corner. ⚡️⚡️ #CHR/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (5.0X) Amount: 4.6% Current Price: 1) 0.1046 Entry Targets: 1) 0.1035 Take-Profit Targets: 1) 0.1215 Stop Targets: 1) 0.0945 Published By: @Zblaba TSX:CHR #CHRUSDT #Chromia #NFT #DeFi Risk/Reward= 1:2 Expected Profit= +87.0% Possible Loss= -43.5% Estimated Gaintime= 3 weeks chromia.com
Long
by TradingOn
#APE/USDT 1D (ByBit) Small falling wedge near breakoutApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term. ⚡️⚡️ #APE/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.6X) Amount: 5.1% Current Price: 1.888 Entry Targets: 1) 1.885 Take-Profit Targets: 1) 2.458 Stop Targets: 1) 1.598 Published By: @Zblaba NYSE:APE #APEUSDT #ApeCoin #NFT Risk/Reward= 1:2 Expected Profit= +79% Possible Loss= -39.6% Estimated Gaintime= 4-6 weeks apecoin.com
Long
by TradingOn
"Never bet against Zuck" $META topping out hereThere are many people that think that NASDAQ:META will keep rallying here to new highs. I'm not one of them. Lately I've been seeing people post "Never bet against Zuck." That tells me all I need to know about sentiment here at the highs. Like many other assets, I think META has rallied due to a technical bear market bounce and is now losing steam. We've either already put in a top here at resistance, or there is one more move slightly higher to $307.54 that will pull in the last of the holdouts that haven't invested yet before dumping on them. I don't care about narratives, whether it's AI, threads, VR or whatever fundamental reason you can give a company for "needing to go up." The reality is, it's all about market structure and what price action says. And to me, we're nearing a top that will take price back to below the previous low we hit last year. Let's see how it plays out over the coming year.
NASDAQ:METAShort
by benjihyam
4
Unity. Inverse Head and Shoulder forming. + Bullish divergenceHey folks, Another Inverse Head and Shoulder pattern with bullish divergence. My favorite pattern to trade, especially on these longer time frames. I am also noticing micro h and s patterns within in the smaller time frames on various stocks. Besides the lackluster market response to its AI features, U hasn't had a whole lot going on fundamentally, noteworthy at least, but I'm picking up on the metaverse trend building steam again. This one is a great metaverse play. I'll lock in profit accordingly. Around $42, $58, $65 and save some for all mighty $100 liquidity zone. I think mid July could see some nice action. Happy trading! OnePath
NYSE:U
by OnePath
6