Nft
Wow to $BTT : How Was That ? 🚀#Bittorent : $BTT : One of The Best in the Market ... Analyst's personal opinion : HODL
☑️ TP1 Reached 🔥
☑️ Results so far : +40% ✅
Next Targets :
🚀 TP1 : 0.00494$ : (Short-Term Target)
🚀 TP2 : 0.0069$ : (Mid-Term Target)
🚀 TP3 : 0.01$ : (Mid-Term Target)
🚀 TP4 : 0.0135$ : (Last ATH : Long-Term Target)
🚀 TP5 : 0.0158$ : (For Holders)
🚀 TP6 : 0.0284$ : (For Holders)
🚀 TP7 : 0.0597$ : (For Holders)
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
📅 07.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
APENFT (NFT) technical analysisFirst of all, be careful, Bitcoin ( BTC ) might make another downtrend wave; as a result, most of the altcoins will go down as well.
Once again, NFTUSDT has reached an area (the double line zone) were most probably if broken upwards, the next uptrend wave will start. There is also a downtrend line that also needs to break.
$RLC/BTC 2D (Binance Spot) Descending wedge breakoutiExec RLC just regained 100EMA support and looks good for bullish continuation from here.
That DeFi token is focused on Privacy and AiBigData, they are about to launch their own NFT marketplace, more info on iex.ec
Current Price= 0.00008212
Buy Entry= 0.00008234 - 0.00007392
Take Profit= 0.00011137 | 0.00015939 | 0.00020573
Stop Loss= 0.00006147
Risk/Reward= 1:2 | 1:4.88| 1:7.66
Expected Profit= +42.54% | +104.01% | +163.32%
Possible Loss= -21.32%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
GALA bouncing off support again NFT drop tomorrowCOINBASE:GALAUSD
I know I'm sounding like a broken record on Gala, but it seems to be recovering from the crash and after this retrace is bouncing off support.
On Dec. 6th the company is having a vox drop that will use gala token to buy NFTS, so watch to see if this could cause the price to continue moving up.
₿ Decentraland 1D ₿ : 04.DEC.2021 $MANAAppealing price ranges for long-term investment and HODL in #MANA : 2.5$ - 3.3$
Important support and resistance ranges are marked on the chart and everything is clear ...
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
📅 04.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
$ATLAS/USD 8h (FTX) Ascending trendline on supportStar Atlas is up-trending and is very likely to bounce on 100EMA to continue bullish after.
Risk/Reward= 1:1.6 | 1:3.44 | 1:5.54
Expected Profit= +24.26% | +52.15% | +83.89%
Possible Loss= -15.15%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Website: staratlas.com
Contract:
#SPL ATLASXmbPQxBUYbxPsV97usA3fPQYEqzQBUHgiFCUsXx
⚡️⚡️ #ATLAS/USD ⚡️⚡️
Exchanges: FTX
Signal Type: Regular
Current Price:
0.1701
Entry Zone:
0.1701 - 0.1583
Take-Profit Targets:
1) 0.2040
2) 0.2498
3) 0.3019
Stop Targets:
1) 0.1393
$DGB/USDT 4h (Binance Spot) Falling wedge breakout and retestDigiByte just regained 50MA support and looks ready for recovery, let's grab a bag here!
Current Price= 0.00000087
Buy Entry= 0.00000087 - 0.00000083
Take Profit= 0.00000101 | 0.00000118 | 0.00000132
Stop Loss= 0.00000076
Risk/Reward= 1:1.78 | 1:3.67 | 1:5.22
Expected Profit= +18.82% | +38.82% | +55.29%
Possible Loss= -10.59%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x | 2x
Estimated Gain-time= 3.5 weeks
Websites: digibyte.org dgbwiki.com
$STMX/USDT 1D (Binance Futures) Symmetrical triangle breakoutStorm X reversed and double broke-out bullish, continuation is in play but we believe a last retest of TL & 50MA is likely first.
Current Price= 0.02420
Buy Entry = 0.02103 - 0.01848
Take Profit= 0.02863 | 0.03749 | 0.05297
Stop Loss= 0.01533
Risk/Reward= 1:2 | 1:4 | 1:7.5
Expected Profit= +44.89% | +89.73% | +168.07%
Possible Loss= -22.42%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 months
AXSBTC Ready for Breakout?With BTC dumping right now I've got my eyes out for the next big breakout. Often times right after BTC dumps and starts recovering one of the alt coins breaks out and first indication of that usually happens when you look at the coin compared to BTC. I'm still waiting to see what happens here but eyes are on AXS right now.
Where is Bitcoin (BTC) headed to next? The current market dynamics
The price action on BTC has been quite interesting throughout the last 6-8 weeks, seeing the "king" of all cryptos stuck in the relatively broad range of the $53,000 support level on the downside and the $68,000 all-time highs resistance on the upside. It seems that many market participants expected for BTC to shoot upwards immediately after breaking above its prior all-time highs of around $64,000, which the digital gold managed to set earlier in the Spring of 2021. Now, what many investors fail to understand is that one of the most important components of price analysis and the evaluation of the short-term, medium term and long term price structures is indeed recognizing the psychological patterns and behaviors that investors tend to follow. These patterns and behaviors are present across all asset classes and markets simply because humans are the ones who are driving the financial markets and humans have a general tendency of overexaggerating both good and bad times, outcomes and developments as a result of popular but unproductive emotions like Fear and Greed.
What many beginners in trading and/or investing seem to forget is that EVERYONE is looking at the same price chart, thus everyone is seeing the exact same levels, which very often leads to the development of group-like mentality and bias among unexperienced traders. You see, "support" and "resistance" lines are nothing else but certain price levels where investors see other investors reacting in a certain way, either buying near a support or selling near a resistance, which then makes the "uncertain" investors more confident to act in the same way as the other investors as he believes that his probability of being right and making money increases the larger the number of people who take that same trade becomes. To put it in simple words that means that each and every time when a certain support/resistance level holds it technically becomes "stronger" as it attracts new traders who become willing to trust this level and accept its validity, thus basing their future trading decisions on that assumption.
Now, why is that important.. well, the answer is quite simple and straightforward as whenever market positioning becomes heavily one-sided as a result of investors greed in bull markets and fear in bear markets, then it becomes just a matter of time for a mean reversion to occur and for market positioning to normalize and balance out again.
Throughout the last few months, we've continued to see articles, videos, interviews, podcasts, charts, correlations, graphs, comparisons etc. supporting the claim on why Bitcoin (BTC) will be unquestionably going to at least $100,000 right after it breaks above its prior all-time highs ($64,000) from earlier in the year. Now, after knowing what you know about market psychology, what do you think did all of that hype and positivity create? Well, you're right.. a heavily one-sided positioning on BTC as everyone has been trying to raise liquidity (cash) in order to put it in the crypto market in order to participate in and benefit from this "guaranteed" market rally. As market professionals we know that there is no such thing as "guaranteed" in the global financial markets especially in a highly volatile market like Crypto. However, the average Joe, doesn't care about any of that as he simply wants to make a lot of money and get rich quick. So, what ends up happening and we've seen that time and time again across the financial markets is people use all of the free capital they have to jump on the FOMO train as they are afraid of missing the "big profits" out. Eventually, they run out of savings and/or other liquidity tools that they own and they start BORROWING more and more money in order to make higher profits. Because, "what's the big deal when you can borrow at an interest rate of 1-2-3% and on the other side you have the opportunity to double or triple your money.. " Traders and investors start borrowing heavily chasing the prices higher through the usage of complex financial tools like "LEVERAGE" and they start trading on Margin. This initially sounds attractive as the more leverage you take the more your profit potential increases, but what many traders who are using leverage do not understand is that when you are heavily overleveraged even a small movement in the price against you could result in the total liquidation of your entire portfolio. We are currently sitting at all-time high levels of credit and leverage in the crypto market, which in turns makes that market much more volatile than it is expected to be at this stage of adoption, simply because of the frequent account liquidation of highly-speculative market participants.
We believe that the heavily overcrowded trade on BTC has been struggling in recent weeks as a result of the constant battle between long-term investors and short-term speculators. Every time the price drops towards a meaningful support, large institutional investors start buying, thus pushing the price higher. On the other hand the more the price starts moving higher, the more speculators start FOMO-ing in using leveraged trading instruments and platforms in their pursuit of wealth. However, the presence of the latter group makes the market unstable as even small price declines could end up triggering larger liquidation events in the market taking the price much lower.
At any rate, despite these short-term market dynamics we are strongly BULLISH on Bitcoin (BTC) as we continue to see record levels of adoption not only for BTC but for a variety of digital and blockchain based assets; strong institutional interest especially after the introduction of the Bitcoin futures backed ETF; continued improvement of the Bitcoin network with the most recent Taproot upgrade, which introduced Smart Contracts on the BTC network as well as further enhanced the privacy and security of the network.
Conclusion
Bitcoin (BTC) is undoubtedly moving higher in the next 2-4 months, however the road to the upside will unfortunately not be the "smooth sailing" that many investors had expected. Thus, these are our two most likely scenarios for the path of BTC to the upside in the coming months. Remember, the later the breakout to the upside occurs the higher the BTC price will go. For example, in Scenario 1 if the price starts moving higher from here, we might see $80,000-85,000 being reached as a range before the next major correction in this bull market. On the other hand, in Scenario 2 the expanding uptrend suggests that we might very well see levels north of $95,000 for BTC.
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BUYING Enjin Coin (ENJ) for a move up to $6.50!Enjin Coin (ENJ)
Fundamental Analysis
Enjin Coin is a project developed by Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. The company is using a great and innovative approach for taking the Blockchain space and elevating its utility and application, by connecting it to real-world value. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores. The team at Enjin aims at building a product ecosystem that will help humanity create advanced virtual economies through the power of blockchain technology.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.
Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:
• Infuses them with a reserve value
• Ensures their transparency and scarcity
• Gives them instance liquidity
• Provides utility in games and apps
• Anti-inflationary
• Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.
• The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.
Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.
Technical Analysis
From a technical perspective, we’ve recently seen a strong 32% correction on ENJ, which has normalized the price action on the asset, as it had previously experienced a remarkable close to a 300% increase in the October – November period. As you can see, the uptrend channel on the daily chart is completely intact and the current corrective phase has brought the asset down to its upward sloping diagonal support line (blue line). This line has proven to be a great entry point for opening LONG positions on ENJ in the past. The price has held above its 20, 50 and 200-period daily EMAs, which is another signal for the absence of strong selling pressure, showing that the most recent correction was more driven by a profit taking interest after the strong rally and a broad market weakness, rather than an intrinsic weakness of the project. Both the RSI and the Stochastic oscil lator have already retraced from their overbought conditions, with the RSI already moving sideways, showing a rather neutral relative strength at the moment. However, we believe that the risks are skewed to the upside and that the current rather positive macro framework for the crypto market and the point that we are currently at in the current crypto market cycle are all signaling that ENJ should be moving sharply higher from here.
Our plan is to open our LONG positions on ENJ around the $3.35 level and look to exit half of our position at $6 per coin and then close the rest at around $7.50-8 per coin. We will place our Stop Loss at the $2.49 mark in case of a major price breakdown. At any rate, we will be interested in opening a much larger position again on ENJ if the price drops towards the $1.80-2.00 range.
Sell SENSO now, Buy it When it Dips and Hodl Medium Term Whenever I see momentum of the 5 day MA begin to even out after a rally, I expect it to come down and meet the 30 day MA, where once it crosses, it will drop another 10-20%
I plan on selling now, then buying it back at the levels shown in my chart. Easy 2x if played correctly.
CHAINCADE FTW"The Arcade of the Future" or "Enter the RETROVERSE" - it is an actual gaming platform for arcade enthusiasts. It is just the start ...
Pattern: It looks like an inverted HS and the trendline shows the path.
It is always hard to predict such a "small" and unknown coin ... but this one ... I think and HOPE it will get HUGE!
Metaverse & Gaming are the real future for the industry ... not Meme-Coins. You can make a lot of gains with so called "shitcoins", but in the longterm you wont.
This coin brings it all together. Gaming, NFTs, earning while playing and a decent roadmap with a team that seems to be really dedicated!
NOT A FINANCIAL ADVICE ... just put some money (like 50 bugs) in and wait ... HODL.
The chart looks interesting, my drawing looks awful ... but i think THIS IS A REAL GEM!
Good luck, have fun! ;)
Yours,
void
$SLP/ETH 3D (Binance) Descending parabolic curve on supportSmooth Love Potion is down-trending hard but is approaching strong demand zone and seems to be near reversal!
Risk/Reward= 1:2| 1:3.67 | 1:5.2
Expected Profit= +96.27% | +177.10% | +250.70%
Possible Loss= -48.25%
Fib. Retracement= 0.236 | 0.382 | 0.5
Estimated Gain-time= 5 months
Current Price:
0.00003443
Entry Zone:
0.00003031 - 0.00002279
Take-Profit Targets:
1) 0.00005211
2) 0.00007357
3) 0.00009311
Stop Targets:
1) 0.00001374
UltimoGG (ULTGG): Streaming Content, Gaming Tourneys-Screams BUYThis is NOT financial advice. Full disclosure: I spent $125 USDT on purchasing 20 billion ULTGG tokens on BitMart. This is a review of UltimoGG (ULTGG). You can find everything I'm sharing here on their website, ultgg dot io. Yes, you have to put a real dot where I wrote the word.
UltimoGG (ULTGG) is the revolutionary gaming token from the Ultimo GG platform. Get rewarded for everything you do on the platform, from winning tournaments to creating content and contributing to the community, then spend your ULTGG on the platform and with our partners. Purchase NFTs or even create your own featuring your greatest gaming moments or convert ULTGG into real-world money to turn your dream of a career in gaming into a reality. ULTGG will democratize esports and give gamers & content creators around the world the power to build a better future through gaming and set to rival YouTube & Twitch.
Ok, so that was the short version of what they will tell you. Here is my personal observation. The website was clean and professional. They really do have a growing pool of partners. The team has some depth to it and that is always a good thing. The business has been around for 4 years but the token was only recently launched earlier this summer on Pancakeswap. They have good graphics (the website, youtube vids, platform, etc), a good following (at least in the UK where much of the content has been generated), and glimpses of cool gaming merchandise (think T-shirts and in-game NFTs). Even though the token quantity is huge, they are committed to burning. Their interest in the NFT realm appears to revolve around their focus on being a streaming gaming platform, or as they call it, esports. They have a very strong social media presence and because they are working towards further listings on other exchanges, I believe this has the potential to turn into a money-maker for anyone investing now!
If you like this review, please check out my other reviews in the up-and-coming gaming, NFT, defi crypto space. Whether you agree or not, let me know what you think. I have interest in several other small tokens (Peculium , SportsCashOne , & Rewardium ) that are not yet available on TradeView, but can be found elsewhere (bitmart). Just be sure to do your own research. Good luck!