An Eco-System Is BornI have been long awaiting the launch of Efinity
I can't attest to what will happen with price action in the short term, but long term ENJIN and its surrounding ecosystems are posed to take over the NFT and Gaming crypto space.
Do your own due diligence and research into what ENJIN is building here with launch of Efinity and Jumpnet.
Small piece of information pulled from the Efinity whitepaper:
"The Enjin JumpNet blockchain allows users to execute transactions for free. In order to offer this, JumpNet imposes a series of limits against each address on the network.
By holding EFI on JumpNet (referred to as "JEFI"), users will be able to increase their JumpNet transaction limits. For every 100 JEFI* a user holds on JumpNet, their limits will be doubled (up to designated limits)."
ENJIN chart linked below in related ideas.
As Always,
Good Luck And Safe Trading.
Nft
CURATE - NFT tokenNext NFT token.
CURATE is market place for NFT without any aditionl fees. Total suply is only 8,500,000!!!
This project has a very bit potential.
ATH - 16USD
ALT - 0,8USD
Volume is growing in these days, so it's good time to entry.
Targets - 7,1 - 10,5 - 15 - moon:)
Trade without SL, use small position.
DOT-USDT (Breakout)Polkadot is currently in the Parachain Rollout (Final) phase of its Blockchain development. As parachains get tested and optimized on parachain testnet and Kusama, Polkadot governance can rollout parachain slot lease auctions. As the parachains get live on the network, Polkadot will be officially launched.
Polkadot has been conducting various webinars to spread awareness about Web 3.0- a step to educate its community about the potential entrapped in its technology. With the Smart Contract platforms gaining enormously, DOT is also exhibiting signs of strength in its price action.
On the Daily Time Frame, DOT has given a Breakout from the level of $28. The breakout signifies a prominent move to the upside that may unfold in the coming days.
The support to the lower side is present at $28.2 while it may face resistance at the level of $38 followed by $42
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OGN-USDT (Breakout)Origin Protocol is built with the vision to bring NFTs and DeFi to the masses. The protocol is backed by some prominent institutional investors such as Blockchain.com Ventures, Hashed and Pantera Capital. The team includes serial entrepreneurs- Founder of PayPal, early employees at YouTube, and engineering managers at Google and Dropbox. The expertise of the team along with the backing of these institutional giants helps us to understand the potential of the project to scale tremendously.
Origin has built its product- NFT Launchpad with the launch of a secondary marketplace planned in their Roadmap. They have currently integrated with the Polygon network to expand their audience base by allowing them to buy more accessible NFTs. The building momentum in the value-driven NFT project coupled with the adoption of the Polygon network is set to scale OGN to new highs.
On the Daily Time Frame, OGN has been consolidating at the level of $1.20 which has previously acted as the Resistance level. It looks well set to trigger a Breakout at the current levels. The support to the lower side is present at $1.04 while it may face resistance at the level of $1.85 on the higher side.
TradingView tools for educational artWhy I use cartoons in my education;
After trading for 21 years, I really like to simplify my charts - when trading I tend to only use one indicator - and that is more confluence & confirmation than entry/exit.
What I find that works well, when teaching students, is visual. Getting the message over in a fun way - it is easy to remember the content. In doing this, I have found that using @TradingView has become a very useful addition and in recent months I have enjoyed making content for education in the community here.
This has also taken a new path as NFT's have taken off and TV could be used for that element too. So what I wanted to do was share some of the recent posts all in one place and walk you through my latest one - step by step.
**** YOU CAN CLICK THROUGH EACH IMAGE FOR THE ACTUAL POST ****
The other thing you can do is use the drawing tools to create visual representations of patterns, candles and other useful tricks to share with the community. One recent post was this - the 3 page cheat sheet.
This was built using the path tool and trend lines.
Similar content to explain more complex Technical Analysis.
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And of course some of the fun stuff;
This post was a huge hit, talking you through the emotions of being a trader, I tried to use Homer as the 'average' man that we can all relate to at times,
Relaxed when the market is strong
Through to Hope!
As panic sets in.
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Other posts using images;
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So when starting, I decide on the message I am trying to get over. Then select a theme or a character. From there, it's a question of If it will be incorporated with the chart active or not - again another useful feature on @TradingView - you can toggle the bars, lines, candles off if you use the little eye icon on the symbol in the top left.
In this example walk-through I am making a Fibonacci based image for a new Fibonacci post.
So I started with the angles - I used the angle line tool first and then copied with 'ctrl' & drag to the next levels.
This give me the lines I needed to start the overlay.
And then I could start building up and around - point to point.
Now you can start to see the spiral come together.
I then start adding detail, playing with the colour setup and so on.
Even adding a Fib box in the middle.
Still getting the colour configuration right.
Removing the lines from behind.
And the final image.
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So as you can imagine, sometimes it takes a long time to build one of these types of posts. But it's worthwhile when it helps deliver the message.
I hope this is insightful and a good glimpse into how to use the charts for fun & education.
And of course with the rise of NFT's - you could build your own art here on @TradingView
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Is HBAR/BTC getting ready for a great move up?With positive fundamental news coming to HBAR in the past few weeks and days (LSE as GC member, NFT support on Mainnet, and rumours about a Fortune 10 company...), HBAR could be setting up for a breakout against Bitcoin.
My thoughts is that if we take out the resistance level at .575, we could potentially test All-time-highs in the pair again. I will be watching if HBAR/BTC manages to stay above my 14 Day EMA.
There is also a smaller wedge forming, with the same level of .575 to watch on the upside. As for the downside, pay attention to the .540 level as that could send the pair lower for a while. This is why it is important that HBAR continues to participate in the current bullrun, and does not fall too behind BTC's performance.
RFOX/USDT. Metaverse, Defi, Play to earn token RFOX set to have a great month. Overall market looks bullish with altcoins popping. This one fits the hot narratives of play to earn gaming, metaverse land release 14th sep, staking and a streaming app with 20 million organic reach. Looking to have a run similiar to AXIE infinity. Looking for a move up to the 2.618. Approx 21c
ALICEUSDT possible entriesGreat coin, hoping for the game to be fun in 2022.
In terms of TA, this coin tends to have good volume, break outs tend to be good but now we are seeing bleeding from new local high's. I would look to enter along the 4 HR demand zone near 16.5-16.3 area and play with a stop loss below the wick in that area. We could see a very strong recovery from there and with recent news about the coin, I think it could perform very well.
I am concerned about Bitcoin and Ethereum's current state, although ETH performance seems to be spearheading alt coin upwards momentum. Bitcoin has been showing some weakness, or it could be a short term consolidation for a bigger move up.
Bitcoin logic both scenario'sAs you will see going back to March the 18th;
BTC has been very respectful
It has made a few strange moves lately, but as I say "it is BTC, expect the unexpected"
We have also had 18 months of CRAZY
Here is the link to the extension details etc.
Have a great week all!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
$XCUR at a key level• 95% circulating supply (big yes). The majority of it(Over 60%) is with holders.
• Good community following and engagement
• 38m market cap in a growing space. Rank #586. If it makes the top 100 which is very much possible, will have a market cap of about 800m.
800/38= 21X. That's 21x given similar market conditions.
• Low commission, gasless, multichain NFT marketplace
• Clean UIU/UX
• Good partnerships: Expedia, Shooping.io, travala, Viator
• Token burns
TA looks good,
- Broke out of downtrend and laddering up
- Origin level at 4.722. Break and retest is a good buy zone
- Bullish Moving averages aka trend
H/e,
• RSI overbought
• Lots of competition: Opensea, rarible, binance,etc
Idea credit: Bitcoin Chris
$LINK: Lot's of impatience and FUD on twitterHey yall. I just wanted to point out that the point of greatest fear/ capitulation is also the point of greatest opportunity. $LINK isn't doing anything flashy right now, and people are getting very impatient and fomoing hard over the NFT craze. I've been saying this the entire time.... but $LINK isn't for us prospective investors. It's not even a blockchain... it's a decentralized network of oracle nodes. It's a network built for multi-billion dollar corporations. The $LINK token is the medium of exchange in this network. The token secures, holds vital information, and is the fuel for all participants in the network. We're being patient for a 2-5 year time frame and beyond. Once the price leaves this sub $100 dollar level, that'll mean that the cat is out of the bag. That the network is in full effect. That mass adoption of smart contracts by enterprise level business is in full swing. If you don't have your stack built by then? Good luck.
$LINK isn't a good investment for people who aren't able to afford holding for multiple years. I'm personally loving buying at these prices. Nothing about the amount of partnerships, the amount of progress, the amount of need for this network has changed.
FLOW// Wen Moon?Since the Binance listing, price has been stabilized within a small range for almost a month in an accumulation zone.
Flow was one of the first coins to pop off the first leg of ALT szn in February and is now currently looking like one of the lagging few. This could either mean opportunity, or that FLOWs goin to the Crypto Graveyard (doubt this).
Haven't checked out any recent fundamentals but with NFTs booming, Id expect FLOW to atleast give a 40% pump...nothing too shaby
Because of all the aforementioned, I definitely think $FLOW holds a great buying opportunity currently with strong support below.
Start your ENJIN!Enjin Coin broke up this triangle 📐 and I think ENJ can go to 2.37 and even higher. I'm already in. Ladies and gentlemen, the race just started! 🏎️🏁
ENTRY : local high @ 1.999
SL : local low @ 1.93
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 2.37
RRR : 5.4
INVALIDATION : when SL level hit
Like👍, follow✒️, enjoy📺!
ZIL - NFT projectZILLIQA
Coin with NFTs project. We are looking on big hype on NFTs and coins like ETH, SOL are in strong uptrends.
This is much smaller coin, but with big potential.
Currently on daily above EMA200, above strong market zone, ready for pump.
Ideal entry zone is around 0,09 USD, but you can entry now with smaller possition and buy lower later, if goes down..
Invalidation level is 0,05. You can close trade when daily close below this level.
Targets - 0,14 - 0,19 - 0,236 - moon:)
$VIDT/BTC 1D (Binance Spot) Descending wedge breakout and retestVIDT Datalink looks really bottomed here and ready for reversal after that bullish breakout!
Also, it's a Collectibles & NFTs project, working on Binance Smart Chain and Fantom Ecosystem.
Current Price= 0.00001077
Buy Entry= 0.00001080 - 0.00000984
Take Profit= 0.00001331 | 0.00001583 | 0.00001991
Stop Loss= 0.00000792
Risk/Reward= 1:1.25 | 1:2.3 | 1:4
Expected Profit= +28.97% | +53.39% | 92.93%
Possible Loss= -23.26%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months