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:
Metaverse
#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.
$GMT/USDT 4h (#Bybit) Chuvashov’s Fork breakoutGreen Metaverse Token (a.k.a. STEPN) looks ready for short-term recovery after regaining 100EMA support on Low TF.
⚡️⚡️ #GMT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.3X)
Amount: 5.0%
Current Price:
0.2836
Entry Targets:
1) 0.2837
Take-Profit Targets:
1) 0.3347
Stop Targets:
1) 0.2496
Published By: @Zblaba
NZX:GMT #GMTUSDT #STEPN #Web3 #NFT #M2E
Risk/Reward= 1:1.5
Expected Profit= +59.3%
Possible Loss= -39.7%
stepn.com
Bet on metaverse now? 📲
Unity - company provides its own engine for creating games with virtual reality support.
For example, almost all multiplayer cryptocurrency games are made on the Unity engine: BINANCE:SANDUSDT , BINANCE:AXSUSDT , DAR, MANA and others.
Also, a huge number of games without the use of blockchain technologies.
This tells us about the growing demand for services of this company.
From the historical maximum, the stock has already fallen by -85%!
The company is currently unprofitable, but revenue is growing at a good pace.
Company's P/S multiplier is normal: P/S~7.
The company is expected to reach net income next year: Forward P/e ~33.
Should you buy Unity stock now?
According to technical analysis, stock has been moving sideways for a year now.
During this time, volumes of paper have grown, which means that investors are accumulating shares.
However, there are no insider buying yet, which means we haven't seen great prices yet.
📊 Outcome:
According to fundamental analysis, the business still looks bad, but the Unity direction is very promising.
According to technical analysis, the paper looks attractive for long-term purchases, but we can still see a lower price.
Ticker: NYSE:U
❇️ Forecast "optimistic in long term"
💵 Recommended buy prices: $25, $21, $16
💰 Volume per idea: up to 1.5% of the deposit
🎯 Goals: $45, $58, $76
📈 Growth potential up: to 150% by the end of 2023.
📉 Potential to drop up: to 50% by the end of summer.
Write in the comments on what other assets you want to get an analysis 🔍
If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.
Render multi timeframe analysison the 4hr tf we have a head and shoulders that i believe we will retest the neckline and go short on the tf we have a tower pattern also sending us short
HUSL: 0.039 | the metaverse generation of MUSIC & everythinglow cost
cool project
and decent investors who made a killing
and currently accumulating back for the next run up
to pre arranged deal
a platform designed for artist to grow and build their community
and monetize talent
a decent 40k following
just one two big nfluencers to come on board
this can be something great
give it 2 years to organically perform
for now it's just finding its niche
suggesting to the Det Team
maybe a venue for MemeCoins to create funny videos or campaign
cause the MEME space is where real HUSL comes to play
Space Falcon $FCON went berserk :) This coin has taken off today 24 hr volume up 2082% and its price keeps rising so I couldn't help but put in a little and if it continues this bullish path great! If not then not that big of a loss ... MACD crossed signal line on daily chart looks good lets see how this plays out :) Trading above Moving Average as well.
About:
Falcon Mission Space Falcon has recreated the classic space shooter game in 3D to run in browser that incentives players by integrating blockchain reward system - Intergalactic #SOLANA metaverse featuring the classic space shooter game and premium Sci-Fi NFTs from cosmos and beyond.
You like microcaps? Here's an extreme one, less than $100k!Metanept is a metaverse game that is still in the development phase. The chart is mega rekt, and the marketcap is currently not even $100k. The plan is to build a fully immersive open world game with quests, exploration, property management, minigames, all sorts of things. Development has taken very long and right now some things are finally starting to come to fruition. They have just opened up the casino section, where you can hit some slotmachines and play with NEPT. This ofcourse is just a small start, and they will develop it into a full casino with blackjack, roulette tables among other things.
This coin is extremely high risk. We have to hope that the team continues to work hard and realise their goals and ambitions. Either way, if this pumps, it's pretty much an instant 10x, and the long-term potential is obviously ridiculous if it actually ends up becoming a full-scale immersive game with hundreds of thousands of players one day. For now, it's just a gamble. So don't throw in too much money, even just $20 or $50 is more than enough.
Also, looking at the orderbook activity, there is just 1 marketmaker that owns over 1 billion NEPT and is manipulating the price. So keep that in mind if the price continues to dump after you buy. It's all just fake, which is to be expected in a marketcap of this size. Nice little gamble coin just in case they actually end up developing something great in the coming years.
META Showing massive recovery and upside new target!Reverse Cup and Handle formed on Meta Platforms.
Price has once again gapped up on the daily 13% up for the day.
This was after the Earnings report came out strong, and after Mark Zuckerberg said he will be focussing his efforts more on AI this year than the Metaverse.
The indicators are looking sexy.
7>21 Price >200
RSI>50
So my first target for Meta will be at $355.12
SMC:
Below the handle of the Cup and Handle, is a strong Sell Side Liquidity (Order Block). This is where Smart Money comes in sweeps selling (Shorters entry and Longers stops). Then SM sweeps the selling, buys into it and BOOM away and up it goes. Very bullish in my opinion.
MY OPINION
THERE ARE A FEW REASONS Why I think the world isn't ready for Virtual Reality to the extent Meta aims for:
High Cost: VR technology can be expensive, and not everyone can afford it. Looking at the price of Oculus 2 - it's not for the average joe.
Limited Accessibility: While VR technology is becoming more accessible, not everyone has access to the necessary equipment or space to use it.
Motion Sickness: Some people may experience motion sickness or other discomfort while using VR technology.
Time: Right now VR headsets lasts for around 2 hours. Then needs charging. This isn't conducive for learning environments.
Weight: Have you put on an Oculus 2 headset? It's very heavy and cumbersome. We don't all have the strength to wear these things.
PS: I do have an Oculus 2 and I absolutely love and support the movements. Ever since Samsung VR headset came out, I've been obsessed.
Lack of Content: Despite growing interest in VR technology, there is still a limited amount of quality VR content available. Unfortunately, the target is on gaming, fitness and maybe socials. I still think there is a massive opportunity for more educational content, games, apps and learning material that VR can offer. I remember EDUVR - not sure what happened to it.
Limited Realism: While VR technology has come a long way, some people may still find it lacking in terms of realism. Unfortunately, people still have the stigma of wanting to be in the real world versus on a screen. This is the same way they acted when computers came out. Also when the internet came, they were hesitant and only "nerds" went on.
Social Isolation: VR experiences can be isolating, with users often cut off from the real world.
Learning Curve: VR technology can be complex, and some people may be hesitant to invest the time needed to learn how to use it properly. Just like it's difficult to teach older generations how new Smart Phones and Smart TVs work, it is similar to VR technology.
Lack of Compatibility: Different VR systems may not be compatible with each other, which could limit the ability to share experiences across platforms or devices.
Look before you know it, VR and AR will take over the world and everyone will be using it in some way or form. Maybe not in the next couple of years, but DEFINITELY in the future.
$MASK/USDT 2h (#Bybit) Bull pennant breakout and retestMask Network is pulling back to 100EMA support where it seems likely to bounce and resume bullish after.
⚡️⚡️ #MASK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.7%
Current Price:
6.351
Entry Targets:
1) 6.200
Take-Profit Targets:
1) 7.491
2) 8.635
3) 9.780
Stop Targets:
1) 4.698
Published By: @Zblaba
$MASK #MASKUSDT #MaskNetwork #Web3 #NFT
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.0% | +89.3% | +127.6%%
Possible Loss= -42.6%
Estimated Gaintime= 5-10 days
mask.io
Render cup and handle on a HTFOne of my favorite projects around. Render is what I consider to be a 'breakthrough' token. I like the vision of this project and like that it is already a usable product through the graphics rendering app octane. This a real simple chart I made a couple of weeks ago of the cup portion of this chart and the handle is starting to print. The price action for render has been real text book even on the smaller time frames and enjoyable to trade.
GAMiUM: $0.005 | The Next Sandbox first of its kind with decent tokenomics where everyone gets a fair allocation
lock up is 3 months and 12 months
dressing up in play for Metaverse Theme . and June September Crypto Summits
could be mis priced or under valued intentionally just like GMT stepn
and we await listing in Binance and Coinbase for that massive adopotion
for now... only few are invested
soon they will come
many
and desperate to FOMO at Insande Levels with Volune
gamium.world
#DBI a thing of BEAUTYDegens will will this next cycle
Ride this with me
I'm going to keep posting on this incredible #crypto
#NFT's covered
#Ordinals covered
Exhibition of cult behaviour check
#LINK usage for fair gaming check
Front guy getting viral absolutely!
these are the parameters you need to win big and it's only just getting started