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Metaverse

Bearish short term but Bullish long termWe saw from my last analysis when I said we may revisit the $3.2 range. However, during the dumping time with BTC downside, and all senate talk about future of crypto, there are many things people have let it slide away. Decentraland just is the Patron of Blender Development Fund, the Blender is the major 3D model creator that is free for use by anyone under GNU. Meaning you can legally use the software to create any figures or anything and sell it without string attached to the Blender. If you saw the NFT hype, then you would need to understand the underlying violation of copyright and the right of usage of certain software to bale to make monetize out of it. It is basically a strong legal battle that surely uncle Sam/ big Coop will win if you accidentally use the crack software or non-commercial software to create the NFT for monetization. Blender is the one under GNU licencing which is free for most of the meaning of usage. So Decentraland is the supporter of Blender which facilitate the growth of NFT items in the metaverse. Decentraland just pumps out the Golf course in the Vegas City within Decentraland. Here not only you can gamble but practice your golf skill with your VR set. Decentraland can take any NFT to be put into their world. One of the main reasons for the Nov 30 run of MANA is because SAND items were ported into the Decentraland world and used for the festival event. And here we are at the spot where MANA is going lower than $4 after an attempt to go higher. I would consider this is a long position where the MANA might try to break the trend downward, but as it gets lower, it is a better price to accumulate for the next bull run! This is not financial advice, but my perspective of the current trend of Decentraland!
Long
by Haizsama
BTC Rejection!From my previous post, you'll notice that BTC fell below an ascending channel, that's been around since July 2021. Since then, it came back up to retest the channel but the bears have stepped in and managed to push prices back down. This rejection has BTC currently trading back in its previous range 47k - 50k. If the selling pressure continues, we can see a 5% drop to the previous support. Let's watch closely. Love it or hate it, hit that thumbs up and share your thoughts! Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice.
BITFINEX:BTCUSD
by rnaofs
BLOKUSDT (Blok) : 10.DEC.2021 (HODL)Examining the #Bloktopia , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) . BLOK Price Live Data The live Bloktopia price today is $0.079107 USD with a 24-hour trading volume of $40,186,465 USD. We update our BLOK to USD price in real-time. Bloktopia is up 0.93% in the last 24 hours. The current CoinMarketCap ranking is #230, with a live market cap of $659,651,501 USD. It has a circulating supply of 8,338,704,276 BLOK coins and a max. supply of 200,000,000,000 BLOK coins. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 10.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
4
COTIUSDT (COTI) : 10.DEC.2021 (HODL)Examining the #COTI , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) . COTI Price Live Data The live COTI price today is $0.329911 USD with a 24-hour trading volume of $38,689,732 USD. We update our COTI to USD price in real-time. COTI is down 0.09% in the last 24 hours. The current CoinMarketCap ranking is #181, with a live market cap of $286,584,785 USD. It has a circulating supply of 868,672,118 COTI coins and a max. supply of 2,000,000,000 COTI coins. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 10.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
1
Relevant levels and possible directions on META Today we will take a look at META. What are the main technical elements we can see? - We can see two clear impulses and two clear corrections. The first correction was an ABCDE triangle pattern. And the current correction is an ABC zig-zag pattern (for now) - Understanding corrective structures is crucial to have clarity when a correction is finished or when I should keep waiting for it. In this situation, the ABC pattern is completed. So it's interesting to start thinking about possible directions the price may take. -We have defined two possible paths the price can take; let's understand each of them. * In the first scenario, the price reaches the correction´s descending trendline and cannot break it from there. We see a bearish movement towards the previous support level at around 300.00 * The second scenario, the price breaks the correction and goes above the broken ascending trendline again. After that, we observe a retest of it and a bullish continuation towards the previous ATH. Of course, it's impossible to say what will happen; however, I would be interested in the bullish scenario to develop setups around that retest. Otherwise, I'm not interested in trading here. -The main concept of this post is to define relevant levels that traders may use depending on their style. Thanks for reading! Feel free to share your view and chart in the comments!
NASDAQ:META
by ThinkingAntsOk
1
$BTC Will Drop to 44,400$ ?As we can see and expect, the price reached $ 51700 and it should be noted that this is a very important resistance range. So be careful with your trades . If the price is rejected from this level, I expect the price to fall to $ 44,400. Last Analysis : Description : The bottom of the downtrend channel still holds the price and as long as we have this support we can expect to reach the price of $ 51700 ... If this Support is lost, the next target will be the range of $ 42000 to $ 44400 ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 08.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
1
Illuvium (ILV) Will Grow $2000 InevitableMostly every coin has taken a significant dip from this latest flash crash. Illuvium is one of those coins that crashed right back down to it's previous all time high and it's looking like Illuvium is holding it's previous all time high as support. We're starting to move sideways which indicates we may be bottoming out of this crash and accumulation is occurring at around $1250 to $1350. We're holding a nice primary trend to the upside despite the fear in the market. Illuvium is gearing up to be the first major triple AAA game for cryptocurrency aside from Star Atlas. As Illuvium continues to develop and get closer to releasing official gameplay, having a completed decentralized exchange, and land sale auctions expect the price to increase as the demand for the token will likely grow and FOMO sets in. The metaverse and gaming trend will continue to grow in cryptocurrency and we're still in the embryonic stages of this sector. This sector of cryptocurrency will likely be the top performing sector of 2022. As of right now Illuvium is on a nice dip and we have a nice trough on our stochastic RSI. On the MACD we're starting to creep out of negative histogram territory indicating negative momentum may be easing up. Keep Illuvium on your radar as it is poised to grow from these price levels once fully developed. Much peace, love, health, and wealth!
Long
by peacefuljustin