LRCUSD Ready for next Breakout early Nov 10thLRCUSD originally spiked to $2.50. Then posted a strong bullish pennant where it consolidated and volume diminished. This lead to a very strong surge up parallel channels all the way to test $3.00 resistance. It has currently tested $3.00 resistance several times and appears to be consolidating down a similar pennant pattern.
Prediction: Price breakout to re-test and surpass $3.00 by early AM Nov. 10th.
To recap: LRC is a 2nd layer Etherium rollup coin used to speed up transactions off the blockchain. The hype surrounding this coin is that it will be used in a future NFT marketplace by Gamestop of all companies. Buy the rumor, sell the news. IMO now is potentially a good time to get in before bigger news hits and this heads towards a $5.00 in the next year.
Nft
Saitama Looks Very BullishPossible opportunity for entry! We are 4 days away from the Saitamask Event in Vegas and the price is consolidating steady! If you are on the fence of investing into Saiatama there is a small window of opportunity presenting itself before price moves to its next price zone in the coming week or so! There are now 191,000 account holders at the time of this post! We are expecting 200k holders before the event on Nov 13th! There will be several surprises being revealed about the future of this Crypto currency that will generate excitement and more investors into the Wolf pack Community! I hope this information is helpful and I wish the best to you all!
Strong uptrend momentum after the Polkacity video demo launchThe Polkacity project is a Metaverse-related initiative that was just launched. It's a virtual metropolis where users can engage, perform activities, and purchase goods using NFTs.
On October 30th, the game's first video was published to YouTube. Despite retracing it, the token linked to the game Polkacity (POLC) has continued to rise.
The POLC coin is used to purchase NFTs within the Polkacity metaverse ecosystem.
MANA / USDT. Updated chart Falling Wedge spotted on 4h frameMy last chart on MANA / USDT was invalidated as the ranging pattern continued or perhaps a slight downward price movement occurred. This is an updated analysis on MANA / USDT based on the 4h time frame, with a spotted falling wedge.
Is MANA / USDT (Decentraland) overvalued at its current state, or are we merely seeing a retraction before an upwards price continuation?
In case of upside continuation; If the triangle breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit idea:
TG1 - 3.5$
TG2 - 4.19$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
CHILIZ is the next BIG thing. 🔥🔥 5000% True or Laughable?This is the 2nd time I would be updating my followers on CHZ .
6 Weekly chart shows institutional buyers are already entering this space. By the time it starts moving, you won't be able to find entry (This is a coin that does 50%-100% in a single day back to back when it's Testosterones are charged) . I strongly see this instrument taking off between now and mid-December 2021.
A lot is going on in the META NFT space. Also considering the fact that CHZ is in a monopoly space and real capitalize Sport events (football clubs, basket ball, UFC...) unlike others which are just Meme-video games which we cannot guarantee they would stand the test of time.
See Weekly chart confirming what we are saying:
19 daily chart:
Monthly chart:
Conclusion: I have bought this like a drunken sailor and I am patiently waiting.. Total market cap chart (refer to previous analysis) shows we are in for a long bull market. So no need to worry about -3% or -5% down day. Strategy is buy ang go to sleep. I manage my regular business and wait for day of harvest.
This is a 5000% potential growth I see here 🚀
Do you own research before making a decision.
Remember to Like, Share and Follow for more interesting analysis.
APENFT need more dip#NFTUSDT
$NFT broke down from 0.618 fib level of last swing high, so next support is 0.786 fib level that is the same with ascending support line.
if price hold this support and head up it can touch resistance zone between 4560 and 4950. a break out from this resistance can lead price toward 7600.
but if price break down from current support it will drop to 3200.
4 hr Fib structure on $OXT looks v nice here for the next movefibs reading bounce and guppy readying buy, this time could be it LFG $2-3
LRC Looks prime to test previous ATH ($2.51)Good afternoon traders!
Just a little bit of fibonacci levels here, LRC is currently presenting a potential bull flag following the breakout of the falling wedge. Stop loss is set just a few percent below the 0 level, with my average entry at 1.073.
A solid entry point seems to be a close on the 15m above this current fib level, with adequate volume and momentum. Looking to see Loopring push up to it's previous ATH being $2.51 with the GameStop NFT marketplace news expected to drop shortly. I currently don't have any targets if/when we break ATH, I want to see how it plays out.
Good luck traders!
Loopring Bull Signal - Massive RSI SpikeLoopring Bull Signal - Massive RSI Spike seen on the 15 minute chart at the beginning of each leg of the ongoing long term bull run. With heavy positive public exposure with the ongoing GME situation, Loopring will be getting massive buying pressure as GME continues to loom in the background. With an announcement of partnership rumored soon, this is likely a conservative estimate.
Decentraland (MANA) - Tokens related to major NFT themesHello?
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With the rise of the MANA coin, NFT-related tokens are showing a high rise.
(MANAUSD 1W Chart)
Nothing is known at this point.
However, if you calculate the rise, the section 3.36504100-3.45086227 is expected to peak.
If the price holds above the 2.07772177 point, it is expected to create a new wave.
So, if you fall from the 2.07772177 point, you need a short-term Stop Loss.
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(AXSUSD 1W Chart)
If the price holds above the 137.608121 point, it is expected to peak at the 171.172107-182.360102 zone.
If it falls from the 116.340370 point, a short-term Stop Loss is required.
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(THETAUSD 1W Chart)
If it rises above the 8.6007292-9.6692416 section, the uptrend is expected to accelerate.
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(ENJUSD 1W Chart)
If the price is maintained above the 2.67570597 point, it is expected to rise to the 4.43081499-4.65020361 section.
If you fall from the 1.79815147-2.01754009 section, you need a short stop loss.
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(CHZUSD 1W Chart)
If it rises above the 0.48762724-0.54792702 section, it is expected to rise to the point of 1.09062504.
If it falls from the 0.28242521 point, a short-term Stop Loss is required.
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(SANDUSD 1W Chart)
I think it's already near the peak with a lot of ascent.
If there is an extreme uptrend, it is expected to rise to the 2.3-2.4 section.
We need to see if the price can be maintained above the 1.65912239-1.74052692 segment.
If it falls from the 1.49631334 point, a short-term Stop Loss is required.
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(IOSTUSD 1W Chart)
IOST is a coin that has newly joined the NFT market.
IOST is showing a different flow from major NFT-related coins.
Therefore, an uptrend is expected as a latecomer to circular pumping.
If the price is maintained above the 0.04086316-0.04568056 range, it is expected to rise to the 0.09867190-0.10348930 range.
In the event of an extreme uptrend, I would expect it to rise to around 1.7.
If it falls in the 0.04086316-0.04568056 section, a short-term Stop Loss is required.
However, caution is advised as it may touch near the 0.03461413 point and rise.
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(NFTUSDT 1W Chart)
As an NFT token operated by Tron, it seems that the full-fledged business is not in progress yet.
Currently, NFT is a token that is airdropped if you have TRX, BTT, JST, or WIN coins.
So, if you want to invest, you need to invest in the long term.
If the price is maintained above the volume profile section being formed at the point of 0.0000038993, it is expected to continue the upward trend.
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(Market Cap Chart)
You should see how the flow of money changes rather than changes in the price chart.
So, you should check the trend of USDT chart and USDC chart.
BTC.D Chart: It is important to find resistance in the range of 47.64-48.81.
USDT.D Chart: A decline below the 2.670 point is critical.
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(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)