GMTUSDT, long to nearest resistence (0.1609) and upperHi, friends. For a first sorry for my english i dont speak a long time )
On gmtusdt we saw big volume of a bulls closing and price going down. But under 0.1544 there is no market activity. I mean nobody want to continue sell process. Bears closing and we slowly going upper to 0.1609, 0.1630 and maybe upper in a few days. But there is aslo a chance to flat around 0.1544.. we will see.
Metaverse
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🫡
Nice shortThe price was rejected from the resistance zone. It can try another push towards the downtrend line. I opened a small position (small position because big techs love to come back very strong), SL above 300, TP 250 approx. If it plays out it should fall very fast. Take 80% of the profit at 260, you never know with this high cap stocks.
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.
Facebook: $330 | Buy Order at $280 & $230 funds re balancing and old money cashing for q4 income report
fundamentally/// FB takes the lead to metavesse space in 10 years
and this could be a 4Trilion Cap company..
$4T = How do you make 5x (Fund Sop Yield) at $4T starting 2022
at $150 should be a good Base Cost towards $900 a 5x return for Dead Capital in the next 5 years by 2024
#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
#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
META: Potential Early Bearish C Entry on ABCD PatternMETA is showing heavy amounts of MACD Hidden Bearish Divergence and is Extremely Overbought on the PPO after making a 0.786 Fibonacci Retrace of the 2021 Highs and now it is potentially looking to end the BC Wave and begin a CD Wave, which would take it all the way down to the 1.272 Fibonacci Extension located at the $23.56 level.
"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.
long RNDRCRYPTOCAP:RNDR broke through the resistance level. Bullish movement to $2.0 is expected to happen
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
🦄 PULSECHAIN Snapshot ✨This is just a snapshot.
gopulse.com
🌟Welcome time traveler! This was snapshot of price @June 30th 2023 ... 🌟
Word on the street is.... well will be... You will see 💰
🙌 God is great.
#INC
#pHEX
#PLSX
#NFTS
#Blockchain
#Web3.0
#Airdrop
#Gold 10k
Meta -> Rally Not Over YetHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Meta stock started a crazy dump in September of 2021, dropping roughly 80% in a very short period of time but bounced back significantly.
You can also see that the recovery started in October of 2022 and from there Meta created a rally of 200% towards the upside and is now approaching resistance at the $300 level from which I do expect a short term rejection away towards the downside.
On the daily timeframe you can see that Meta stock is still massively bullish, creating new highs every single day so I am now just waiting for a retest of the previous resistance at the $275 level and then I do expect a final blow-off to retest the $300 resistance zone.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
#AXS/BTC 1D (#Binance) Falling wedge breakoutAxie Infinity just regained 20EMA support in satoshi, looks ready for a small recovery towards 100EMA.
⚡️⚡️ #AXS/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 11.0%
Current Price:
0.0002580
Entry Targets:
1) 0.0002611
Take-Profit Targets:
1) 0.0003049
Stop Targets:
1) 0.0002345
Published By: @Zblaba
NYSE:AXS #AXSBTC #AxieInfinity #P2E #NTF #Ronin axieinfinity.com
Risk/Reward= 1:2
Expected Profit= +18.2%
Possible Loss= -9.1%
META - KEYLEVELS 1htfMETA - KEYLEVELS 1htf
Meta is strong on his up trend , also beacuse we have a broken resitance on weekly time frame.
But now this zone looks more and more like a distribution zone , carefful on short META , if you wanna do it, maybe you need to wait for a broken red line ( neckline ) with a scalp trade.