RARE
RARE INCREASE TREND WITH BREAK POSSIBLITYWe will follow Rare for the next 48H to see if it's able to break to the next target.
Also if it will have a small correction first will be a great trend.. for reentry.
$0,43 is an important trend level that could get tested soon.
There is a high chance this coin can show a new volume.
SuperRare (RARE) Completed A setup for upto 22.50% pumpHi dear friends , hope you are well and welcome to another new trade setup of SuperRare (RARE) with US Dollar pair.
Previously we caught almost 55% pump of RARE as below:
On a 2-hr time frame, RARE with BTC pair has formed a bullish Cypher move for the next bullish reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RARE ANALYSIS (4H)RARE has a bearish structure. We have shown the strong and serious support that is ahead of the price in the chart with the POI. It is expected that we will have a time-consuming correction towards this demand and then we will see a 10-25% reaction.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TMC The Metals Company Reporting Next WeekI think TMC The Metals Company is the most undervalued battery play you can find.
TMC holds exploration and commercial rights to three contract areas which host an estimated 1.6 billion tones of polymetallic nodules containing high grade nickel, copper , cobalt and manganese, in the Clarion Clipperton Zone of the Pacific Ocean.
The Planet’s Largest Resource of Battery Metals could electrify the entire US electric vehicle fleet!
The Metals Company successfully concluded its $75 million multi-year deep-sea research program to establish the potential impacts of the Company’s proposed polymetallic nodule collection operations.
My lowest Price Target for TMC is $1.6 this year.
Looking forward to read your opinion about it.
Advanced Chart Pattern That Pro Trader Must Know
📉CUP AND HANDLE PATTERN
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern. There can be both bullish and bearish Cups and Handles.
📊DIAMOND PATTERN
The diamond pattern is a reversal indicator that signals the end of a bullish or bearish trend. It is most commonly found at the top of uptrends but may also form near the bottom of bearish trends. The bullish diamond pattern occurs after a strong downward move in price. It consists of two resistance levels that constrain previous retracements and two support levels that have constrained the downtrend. Also known as the diamond bottom pattern, the bullish diamond pattern signals a buying opportunity. Often it is the precursor for a bullish breakout. The Bearish Diamond Pattern, is the mirror opposite of the bullish one, even though it works on the same logic and it indicates the end of the uptrend.
📈SCALLOP PATTERN
A scallop chart pattern is a technical analysis pattern that signals a short-term continuation of a bullish trend.
It is created when prices make an upward-sloping curve that resembles the letter J on a price chart. That's why it's sometimes referred to as a J-shaped or J hook pattern.
During the scallop formation, prices move higher, retrace, and trade lower for a short period before reaching a new peak. This indicates a short-term weakness of the ongoing uptrend and indecision in the market as to whether the trend will continue or not. But if prices are able to hold above the retracement zone for a while, it implies a strong momentum behind the uptrend and a potential breakout of the resistance level. The pattern is considered complete when you see prices break out above the key resistance level and rally to a new high. Once the upward breakout occurs, it confirms the continuation of the prevailing uptrend and a positive outlook on the market for the near future.
There are both bearish and bullish Scallop Patterns and both can be used successfully.
📚FINAL REMARKS:
Though these patterns are somewhat rare, it is essential for an advanced trader to know about them and to know how to use them, because that knowledge might provide you the missing piece of the puzzle in a difficult market making the difference between a good day and bad day. Which is all that matters after all. So I recommend you to spend some time and learn about the obscure patterns and to make it your goal to find them or at least look for them to give your brain enough data to let it do it’s pattern recognition learning magic.
Thanks for reading bro, you are the best☺️
Like, comment and subscribe to boost your trading!
Hey traders, let me know what subject do you want to dive in in the next post?
Had money Thursday night & bought 2 AltcoinsCOPY PASTE FROM FRIDAY
Had $ floating in Gemini account & bought altcoins last night
Looked for #crypto #altcoins that fit criteria from previous thread & not avail on
@coinbase
SMALL CAP > 10x possible returns if $BTC rips
$ALCX #Yield #DEFI
$RARE #NFT #DEX #metaverse
RARE BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the RARE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Rare token about to complete bullish Gartley for upto 24.50% movHi dear friends, hope you are well and welcome to another new trade setup of Rare token.
Previously we caught more than 100% pump of RARE as below:
Now on a 4-hr time frame, RARE has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
✴️ SuperRare Looking Bullish After Major ShakeoutThis is a pair we haven't look at before here on TradingView, but we do have some trades on it.
It seems the major shakeout between 8-9 Feb. spook some people but not enough to push prices below EMA100 and EMA50, which is now the main support level for RAREUSDT.
The fact that we are seeing a bounce before reaching these levels is a signal of strength.
Yesterday RAREUSDT moved back above EMA10 and is green today.
This is another good chart setup, tight stop, high targets.
Namaste.
Are NFT Marketplaces a trend today? Which assets to choose? The anticipated release of $BLUR could force traders to reevaluate the NFT marketplace sector and create a wave of growth. In this article, we will gather the main assets from the NFT marketplace sector and compare their metrics and products.
The major players in the sector, the two biggest players OpenSea and Blur have no token
LooksRare ($LOOKS)
Price: $0.3
ATH Price: $5.3
Market.cap: $145m
ATH Market.cap: $757m
FDMC: $308m
Although $LOOKS is one of the largest companies in the sector, it is risky enough to buy the token. $LOOKS has a large number of stakers, some of whom bought and accumulated the token at lower prices
The $LOOKS token has risen 131% in the last 3 months.
SuperRare ($RARE)
Price: $0.17
ATH price: $3.1
Market.cap: $56m
ATH Market.cap: $317.8m
FDMC: $170m
One of the most popular niche marketplaces where unique art is traded, not collections. It is also interesting because it's listed on Binance, and Binance retail investors are willing to buy anything that's trending and can give profit.
$RARE token is up 92% in the last 3 months
X2Y2 ($X2Y2)
Price: $0.21
ATH price: $3.2
Market.cap: $38.6m
ATH Market.cap: $300m
FDMC: $209m
It is the largest volume marketplace after Blur and OpenSea, but its token is lower by all metrics than $LOOKS, for example. It can be considered as a potential alpha for narrative growth and one of the hidden gems along with $RARE.
$X2Y2 is up almost 400% in the last 3 months.
Rarible ($RARI)
Price: $2.27
ATH price: $45
Market.cap: $867m
ATH Market.cap:
FDMC: $56m
One of the oldest projects of the sector. It has the smallest metrics for today..
RARI token has risen 34% in the last 3 months
A little bit about $BLUR
The Blur project now is a direct competitor to OpenSea, whose capitalization was estimated at the market peak in 2021 at ~ $1b. The release of $BLUR with roughly the same performance for FDMC may prompt the rest of the market to review token prices for projects from the same segment and, even more interestingly, may prompt OpenSea to give up issuing shares and going public and move to prepare for a token issue so as not to lose its position in the market
Conclusion
This year may be a pivotal year for the entire NFT sector. The largest companies in the real sector have increased their presence in this market and almost all of them have their own initiatives for denser integration. The possible token rally of NFT marketplaces could be just the beginning of this trend
Share your thoughts about NFT projects in a comments section, whether it worth trading/investing or not. Maybe you did some profit with it and you're ready to share your experience. Also check links and start trading with us!
Thank you for reading!
#RARE/BTC [SuperRare]: Resistance_Breakout_+_ConfirmationWe've detected a Resistance Breakout and Confirmation on the RARE/BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
RARE - Technical review and analysisRARE has recorded a price increase of more than 40% in the past day. The demand for this currency led to a fake break of the $0.100 support area, and the price is likely to rise again to higher resistances with a return above this support. This upward movement in pullback can again be associated with increased demand. Therefore, the support we can look for is in the range of $0.100 to $0.106. If a suitable positive reaction is observed, there will be a possibility of price growth again and moving toward the targets of $0.150 and $0.166.
✳️TOP 3 RARE CHART PATTERNS✳️
📉CUP AND HANDLE PATTERN
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern. There can be both bullish and bearish Cups and Handles.
📊DIAMOND PATTERN
The diamond pattern is a reversal indicator that signals the end of a bullish or bearish trend. It is most commonly found at the top of uptrends but may also form near the bottom of bearish trends. The bullish diamond pattern occurs after a strong downward move in price. It consists of two resistance levels that constrain previous retracements and two support levels that have constrained the downtrend. Also known as the diamond bottom pattern, the bullish diamond pattern signals a buying opportunity. Often it is the precursor for a bullish breakout. The Bearish Diamond Pattern, is the mirror opposite of the bullish one, even though it works on the same logic and it indicates the end of the uptrend.
📈SCALLOP PATTERN
A scallop chart pattern is a technical analysis pattern that signals a short-term continuation of a bullish trend.
It is created when prices make an upward-sloping curve that resembles the letter J on a price chart. That's why it's sometimes referred to as a J-shaped or J hook pattern.
During the scallop formation, prices move higher, retrace, and trade lower for a short period before reaching a new peak. This indicates a short-term weakness of the ongoing uptrend and indecision in the market as to whether the trend will continue or not. But if prices are able to hold above the retracement zone for a while, it implies a strong momentum behind the uptrend and a potential breakout of the resistance level. The pattern is considered complete when you see prices break out above the key resistance level and rally to a new high. Once the upward breakout occurs, it confirms the continuation of the prevailing uptrend and a positive outlook on the market for the near future.
There are both bearish and bullish Scallop Patterns and both can be used successfully.
📚FINAL REMARKS:
Though these patterns are somewhat rare, it is essential for an advanced trader to know about them and to know how to use them, because that knowledge might provide you the missing piece of the puzzle in a difficult market making the difference between a good day and bad day. Which is all that matters after all. So I recommend you to spend some time and learn about the obscure patterns and to make it your goal to find them or at least look for them to give your brain enough data to let it do it’s pattern recognition learning magic.
Thanks for reading bro, you are the best☺️
✅Gimme a like and the Gods of Trading will favour you this week👍
Dear followers, let me know, what topic interests you for new educational posts?
Rare token about to complete bullish Gartley for upto 71% pumpHi dear friends, hope you are well and welcome to another new trade setup of Rare token with US Dollar pair.
Recently we caught more than 30% pump of RARE token in below trade setup:
Now on a daily time frame, RARE is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Rare token is about to complete bullish Cypher for upto 62% pumpHi dear friends, hope you are well and welcome to another new trade setup of Rare token with US Dollar pair.
Our last successful trade of RARE was as below:
Now on a 2-hr time frame, RARE is very close to complete the final leg of a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade