NFTUSDT 2022 UPDATE!!!It seems that the fifth wave of decline is over and weakness in the trend is evident.
My current view is bullish right now, unless there is a sharp price correction in the market that the black line of support is lost!
Nft
$GMT/USDT 2h (#BinanceFutures) Ascending channel on resistanceGreen Metaverse Token (a.k.a STPEN) is up-trending strong but looks very overbought here and is likely to retrace down short-term.
Current Price= 2.27718
Sell Entry= 2.27415 - 2.48229
Take Profit= 1.95385 | 1.61648 | 1.35010
Stop Loss= 3.0982
Risk/Reward= 1:1.2 | 1:2.15 | 1:2.9
Expected Profit= +17.84% | +32.03% | +43.23%
Possible Loss= -14.93%
Fib. Retracement= 0.236 | 0.441 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1-2 weeks
Tags: #GMT #GMTUSDT #Web3 #NFT #Metaverse #Social #Gaming #BinanceLaunchpad #BSC #SolEco
Website: www.stepn.com
APE - Opportunity in new tokenI bought APE now, this token is the governance token of the well-known NFT Bored Ape, the one that Neymar bought.
This token was launched a few days ago, we have little graphic history and it is a token for a new use, which increases the risks of the operation, so I didn't enter with high volume.
Entry: 11.20
Initial target: 20.64 (84%)
Stop: 9.67 (13%)
Volume: 3%
Looks 👀 #WETH #ETH #LOOKSRARE #LOOKS #NFTWe, really doing this 👀. have said before this is my bag and I am willing to just stake and forget, still on the old APR with Looks and WETH. Have nearly made my initial investment just on WETH. So its all free money from here.
$APE Next Leg up is hereBullish $APE here, and long term. So much firepower behind the brand. Much more than any other Token has seen in terms of Celebrity and W3b 3.0 Innovators, Influencers, and Tech. In terms of the Chart, $16, $16,23, $16.44 are my price targets on this leg up. Most likely will require a break of $48K by BTC first.
MANA Out of The Descending Triangle !Break out from the descending triangle has been done in MANA chart.
Potential targets have been mentioned on the chart.
LOKA/USD - Retracement soonLOKA is current completing a Wave C (Expanding Diagonal)
It could retrace to a fair value soon (0.5 fib)
SLP/USDT - LongSLP probably has started a new impulse
Imminent Wave 3 could see it hit around $0.067
$APE's Bottomed - Bull run next 2 DaysPrice Target $16.64 - Bottom is in. I did the work so you don't have to :). Entering Long position now.
SUPERUSDT Adam and EveSUPER FARM forming a beautiful Adam and Eve double bottom on the 4hr chart. Buy the breakout of the neckline. Targets are marked with a measured move from the bottom to the top of the neckline.
APEUSDT LongHey traders, in this week we are monitoring APEUSDT for a buying opportunity around 14 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
YGG ; it is ready to cross red line Hi everyone , it is one of the more popular project for me and i think it is on right way to rally and i will expect it start super bullish trend
APE Thoughts This chart has a couple things going for it. Some support resistance flipping, some old school looking patterns on there and even some decent looking Elliott wave. Watching to see if this move up can, complete as an impulse or ZZ as well as break above the 14.50 mark and flip that area to support. But it looks like volume is drying up atm.
Storage Space and NFTs - How Does the Medium Affect the Message?Marshall McLuhan's "Medium is the Message" has been the dominant ethos for Web2, the media, and the art world for quite some time now. The 3 camps often fight each other over status games, but they're all really part of the same coin if you look closely enough.
People have been talking about 22' being the year of the Music NFT, but I do think there's a bigger thing going on - it's where the "medium is the message" ethos is finally going to be challenged by the ethos of Web3. And it will start with music and nowhere else, here's why:
Web2 - which has already hit its peak as tech talent continues to migrate towards Web3 and crypto projects - built many massive data centers to cement their lead on high-bandwidth applications like video sharing and livestreaming. That's their lasting legacy, if anything, imo.
Musicians responded to these trends by going into music video (it's hard to be a pure audio musician these days) or by focusing on high-fidelity sound files as a way to maintain its "value" against the entropy of right-click-save infinite supply. Did it work?
Not at all - musicians' cut gets diluted heavily with video productions and listeners did not really respond to the idea of hi-def audio files. And with the last line of income streams (live music) disrupted by COVID, musicians' means of earning income is severely limited right now.
The two approaches above, however, is still a continuation of "the Medium is the Message" mantra because it does not place its value in what's being "said", only in the packaging its framed around. Think the Kardashians (also MitM) that basically has no meaning, but for music. (The mantra there is tempting for some since it releases them from the burden of having anything to say.)
So Web3 is an opportunity to move away from that, but it will be very difficult culturally speaking because MitM is so everywhere that only the biggest contrarians will even understand what it means to go against this massive machine. Most NFT projects so far, does not.
Course the less people who understand, the bigger the opportunity, which is why I think that the Music NFTs have the potential to create new leaders and influencers out of the blue, not currently associated with the incumbents right now. They're going to "come out of nowhere".
It won't be any of the big companies, VCs, tech leaders, CEOs, or any of the "famous" people we know and are familiar with. That's going to scare some people, and delight others. But either way, it's going to be genuinely new because that's what is required to move the needle.
There's also some dissonance right now between the main media consumption habits of Web2 (video) and Web3 (low-res pics) - most of this has to do with file size and bandwidth limitations of IPFS - notice there's no NFTs of long videos right now? It's just not tenable atm.
STORJ and Filecoin have potential to create a streamlined, decentralized file system using IPFS as a backbone, but they're not developed enough right now to compete against the massive data centers Web2 companies are running right now.
This had the effect of hitting the "reset" button on Big Data trends towards the idea of smaller and more efficient usage of storage as a whole. Music NFTs finds itself somewhere in the middle of low-res pics and massive video files so it's an ideal place to experiment, in a way.
It sucks that the music industry is basically in shambles at this point, but it's also an opportunity to rebuild it bigger and better this time, with the artists' long-term incentives actually in mind. But it is as much of a cultural revolution as it is a technical one...and for Web3 to really work, the two things really need to be working together, in cooperation, towards a common goal. And I do think that the ones that un-silo themselves and see the bigger picture are the ones that will take the cake.
But again, we have to treat "the medium is the message" as a failed movement at this point and start to listen - really listen - to what artworks have been "saying" and expressing the last few decades and realize that the signs of today were always there, from the beginning.
Art appreciation is a skill - and one that is seldom taught, even in higher education right now. But it is something that anyone can pick up if they take the idea of understanding art in a deeper way seriously. It is also what will make NFT buyers successful, imo. 🎨
I'm still bullish on crypto. Tezos has the artistic talent. Ethereum has the technical and financial acumen. Dogecoin has the mass appeal. It's like a big puzzle that needs to be put together. The pieces are there already, it just needs to be put together in a big Web3. 🕸️
APEUSD: Apecoin buying zoneGosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Gosh, that's an awfully brief description...
Loopring x Gamestop!The Loopring x Gamestop announcement is finally here and official.
- link to tweet: twitter.com
- link to GameStop Marketplace Beta: nft.gamestop.com
Macro:
Loopring continues an overall large uptrend when looking at weekly candles.
With a market cap of ≈ $1.3 Billion, Loopring has a lot of room for big gains.
Short Term Chart:
Loopring has been rejected twice by its 200 day moving average in the past 2 months.
Correlating with Gamestop's pump, Loopring has shot up (to its recent top) over 80%.
As long as GME & BTC stay in good shape (which they both are!) - I think we can see LRC push past the 200D to higher evaluations.
Bitcoin 4h TA : 03.25.22 (Update)Well, we saw that the price hit the Targets exactly according to the previous analyzes , and reacted negatively by reaching the level of $ 45,000, as you can see, the price is in the most important range of suppliers , and it is recommended that to take your profit in this range! Higher targets will be updated after consolidation above 46K, the support ranges of previous analyzes are still valid. I hope you have made so much profit of the analyzes .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 25.MAR.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
APE / USDTAs you can see in the chart if BTC move it will affect APE too
So just keep eye on the chart we just break our trendline, the market might want to go back to the RED ZONE
Ape could not break the GOLDEN LINE OF FIBO
In my opinion, the market might move down to 38 and 23 of FIBO then again move up
This is not financial advice it's just my personal opinion do trading based on your analysis
Do not forget to use stop loss even if you do spot trade
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APE Apecoin: Inside The TriangleHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Apecoin (APEUSD).
Apecoin is inside the triangle. Keep an eye on the RSI. It is in a descending wedge pattern with a possible breakout soon. For now, consider trading inside the triangle.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
SOLANA ShortHey traders, in today's trading session we are monitoring SOLANA for a selling opportunity around 102 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
SLP/USDT strong potential in parallel of AXS bullish momentumSLP/USDT strong potential in parallel of AXS bullish momentum - NFT Sector
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies
SLP is also unique because of how it has become one of the few in-game tokens to be listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “that are likely to have higher volatility and pose a higher risk than other tokens
Context:
Regarding the lake of historical data it for now not possible to present picture with a strong conviction - However the few technical elements and wave proportion can already leaning towards an interesting upside potential in parallel of the success on AXIE
here the view on Axie =>
Tactical view - 1 to 3 weeks
The fact that 3 key elements (EMA upside breakout, RSI 50% upside breakout and first Harmonic on 3H basis upside breakout) are already bullish pre-signal allow us to be confortable with a larger rise at least to test 0,0910 in order to complete the harmonic auto-similar move (action/reaction). The next target above 0,0910 are more to be consider for a strategic horizon once 0,0910 has been surpassed at least in a daily close.
As long as 0,0125 remains a key tactical support valid the market is expecting to accumulate bullish momentum in dip (area possible 0,0215/0,0150) to reach 0,0910
Enjoy
