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CUBE Somnium Space Cubes Upside Coming?Hello friends, today you can review the technical analysis on the 4H linear scale chart for Somnium Space Cubes ( CUBEUSD ), an altcoin cryptocurrency. #CryptoPickk noted in the chart: 1) The Somnium Space Cubes price has been in a Triangle Pattern since early November 2021. The price broken down from the Triangle during the recent crypto crash, but with a Double Bottom pattern, the price is making an attempting to get back into the triangle and move upwards. 2) There is also a Rising Broadening Wedge Pattern also noted with the red line forming within the triangle pattern. 3) Taking the Fibonacci Extension from the last high to the last low, the 1.618 level (Golden Ratio) is at $27-$28, which would be the estimated target price. 4) There are two checkpoint areas where a re-test may need to occur around the 0.5 Fib Level at $17.50-$18 and another one around the 0.786 Fib Level at $20-$20.25. Having a re-test of the triangle will help strengthen the price movement upwards. 5) The RSI ( relative strength index ) has a resistance trendline (in orange color) which it may need to break for a nice pump upwards. 6) The Volume is picking up but still low, so if a pump may be coming, keep an eye on the Volume. What are your opinions on this? 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
GEMINI:CUBEUSD
by MillionaireEconomics
2
CUBE Somnium Space Cubes Price ActionHello friends, today you can review the technical analysis on the 4H linear scale chart for Somnium Space Cubes ( CUBEUSD ), an altcoin cryptocurrency. #CryptoPickk noted in the chart: 1) The Somnium Space Cubes price has been in a triangle pattern since early November 2021. The price is approaching the apex of the triangle pattern. 2) There is also a rising broadening wedge pattern also noted with the red line forming within the triangle pattern. 3) The price has the potential to re-test the bottom of the trendline which meets the 0.236 Fibonacci Retracement level before a nice move upwards. Keep an eye on the $17-$18 range. 4) The RSI (relative strength index) has been supported by a bottom trendline and has potential to re-test it again. This is outlined with the red circle on the RSI chart. 5) The Stochastic RSI (Stoch RSI) is hovering in the overbought region but based on prior trends, it may complete a double top before going back down. However it has potential to go straight down as well, which would bring the price down accordingly. 6) The Volume is low, which may be the reason why a sizable move is coming soon. 7) If the price breaks up out of the triangle pattern, keep an eye on the re-test around the $21-$22 range (where the 0.618 Fib level is) before moving higher. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
GEMINI:CUBEUSDLong
by MillionaireEconomics
4
MY MINIMALIST ANALYSIS FOR SOMNIUM SPACE CUBE$CUBE 11.10.21 1313H +8 SINGAPORE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. ALERT: LOOKING FOR THE NEXT BEST ENTRY The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION. THOSE WHO FOLLOWED THE ENTRY of SWING 2, WE ARE ON OUR WAY TO THE NEXT EXIT! Congratulating all those who have climbed the SWING together with me. The BULL SEASON for CRYPTOS is dictated by the BULLISH STRENGTH OF Primarily BITCOIN and then ETHEREUM. We still have more room for the UPSIDE. Happy Trading! REMINDER: INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE "FOLLOW THE WHITE RABBIT!" Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you. HOW TO USE THIS MINIMALIST CHART Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.) It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it. You can CLICK AND hold THE CHART and PAN or DRAG IT. TARGET ZONE IDENTIFICATION The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.) At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY). Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology. Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work. Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share. Vive Le Autist! Vive Le Egalitarianism!
GEMINI:CUBEUSDLong
by The_Crypto_Samurai
3
Virtual vs Real Estate - The Metaverse, NFTs, and Induced DemandMANA tripled in price as of the last few weeks. After China's real-estate market took a nose dive this year, a lot of people are anticipating the same might occur in the US in the near future as the repercussions of the former start to affect the latter. Noone is quite sure what's actually going to happen, but so far the forecasts haven't been looking too good for US assets and the USD in an overall sense. (Video link below for visuals, examples, and tours of the ideas below.) At the same time, we've seen a renewed interest in "virtual real-estate" -- even Mark Zuckerberg is talking about the "metaverse", so to speak. Are we about to see a spike in demand in these platforms in the near future? I do think that the future of crypto is not making money off of coins themselves, but taking a risk on the products built underneath them. Some quick impressions of each metaverse: Cryptovoxels - It looks and feels like "crypto Minecraft" -- the interface is a little rough and the loading times can sometimes be too much, but it does have a lot of energy and inspiration behind them. Kind of like what the "art districts" used to be like in the real-world, I think. Decentraland - been around the longest and it does show. They have onboarding tutorials, the UI isn't perfect but it's mostly worked out, and has a nice balance between goofyness and a professional development. (You can find the DOGE museum in the museum district there, for example.) But the rent here is not cheap, at least from what I've seen so far. (This is the site that uses MANA, btw.) Somnium Space - this metaverse feels like it was built by a bunch of MBAs who worked for a real-estate company prior. The listings, marketing, and style of it feels that way too -- and they're listing themselves as a "high-end" product so don't expect it to be cheap. But it does have a professional and clean feel to the whole thing, which may work for some. The SandBox - I didn't mention this in the video since they don't seem to have a working demo yet, but they have been successful in raising funds from investors as of this week. How they do, is TBD. But it's also proof that there is interest in the space even from an investor's standpoint. -- It's interesting looking at this stuff because the process of buying a "virtual home" itself isn't too different from what you'd do in the real world. (All the way down to height limits too. 😩) The parcel listings look almost exactly like you'd see at a real-estate company, even. But the political/cultural angle of these trends are interesting, also...historically, arts communities typically get pushed into less expensive neighborhoods as a matter of survival. But eventually their creativity and energy makes it a "cool" place to be, driving up demand. Because of NIMBYism and poor housing/zoning policies in the US, there's literally nowhere for the artists to go...so it seems like many of them have turn to virtual spaces as a place where they can control and present their works. I've long maintained that real-estate is a pretty overrating thing, especially in the US, but never really thought about the possibility of virtual-estate being a direct competitor to the real-estate sector until recently, really.
COINBASE:MANAUSDLong
by RyanTanaka
1
Virtual vs Real Estate - The Metaverse, NFTs, and Induced DemandAfter China's real-estate market took a nose dive this year, a lot of people are anticipating the same might occur in the US in the near future as the repercussions of the former start to affect the latter. Noone is quite sure what's actually going to happen, but so far the forecasts haven't been looking too good for US assets and the USD in an overall sense. At the same time, we've seen a renewed interest in "virtual real-estate" -- even Mark Zuckerberg is talking about the "metaverse", so to speak. Are we about to see a spike in demand in these platforms in the near future? I do think that the future of crypto is not making money off of coins themselves, but taking a risk on the products built underneath them. Some quick impressions of each metaverse: Cryptovoxels - It looks and feels like "crypto Minecraft" -- the interface is a little rough and the loading times can sometimes be too much, but it does have a lot of energy and inspiration behind them. Kind of like what the "art districts" used to be like in the real-world, I think. Decentraland - been around the longest and it does show. They have onboarding tutorials, the UI isn't perfect but it's mostly worked out, and has a nice balance between goofyness and a professional decelopment. (You can find the DOGE museum in the museum district there, for example.) But the rent here is not cheap, at least from what I've seen so far. Somnium Space - this metaverse feels like it was built by a bunch of MBAs who worked for a real-estate company prior. The listings, marketing, and style of it feels that way too -- and they're listing themselves as a "high-end" product so don't expect it to be cheap. But it does have a professional and clean feel to the whole thing, which may work for some. The SandBox - I didn't mention this in the video since they don't seem to have a working demo yet, but they have been successful in raising funds from investors as of this week. How they do, is TBD. But it's also proof that there is interest in the space even from an investor's standpoint.
COINBASE:ETHUSDLong
by RyanTanaka