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VIRTUALUSDT

Not the time to buy the dip! Wait to buy the strength!!! I just published my article on ai16z and my thoughts on Virtual is very similar to ai16z. The current chart set up for Virtual is pretty ominous, however, I am still bullish on Virtual. The new US president just came into the office and also his (and the rest of his family) meme sucked all the liquidity out of the rest of the crypto market. The market is very volatile and it is hard to do technical analysis at the moment. The one thing I can say is that it is not the time to be hopeful and keep buying every dip to add to your position. I haven’t sold any of my Virtual because I don’t trade with leverage. And my allocation for this asset is small. However, once Trump meme mania settles and the liquidity starts to flow back to the rest of the crypto market, I will start to look for an opportunity to buy more. However, I will not buy the dip: I will buy the strength!! What I mean by buying the strength is I will only buy when the momentum for the bull clearly comes back. I won't try to buy just because the price is cheap. I usually use two time frames - daily and 4h. I will wait until the daily stochastic resets and start to roll back to 50 and the 4H MACD lines properly cross and enter the bull zone (above 0). Also, I am waiting to see if 4H candle can move and close above $2.92 area at Fib 0.236, which gives me an idea if the momentum is strong enough to start to move up.
CRYPTO:VIRTUALUSD
by EbonyFalcon
BUY - take off after consolidation? Virtual protocol completed a strong correction from $5.1 to $2.2.  The price fell to the key Fib zone (Blue Fib line in the chart) bounced up with a strong bullish candle formation in the 4H chart.   The price broke and closed above the descending parallel channel as well as Fib 0.236 (orange Fib line in the chart).   As I mentioned in my last article, when the price breaks above Fib 0.236, there is a good probability it continues to move to Fib 0.5-0.618 area.   If it only reaches 0.382 and retraced back down, it usually means that it is a continuation of the bear trend (at least in my past observation.) In this case, the price shot up to Fib 0.618 but now it is pulling back.  Given that there are two layers of sell blocks sitting above the Fib 0.618 area,  there is no surprise the price is coming now.   All momentum indicators in the 4H chart have reached the overbought territory and are moving downwards.  However,  both Daily and 4H MACD are way above 0, so I interpret it as the dominant trend is bullish but it is a correction phase.   If the price is going to move in the classic style, I anticipate it is likely to oscillate between $3-$4 range.  And once the 4H momentum indicators reset and start to move upwards, it is going to start another leg up to and beyond the previous ATH.    There are many "IF". It all depends on when Bitcoin decides its decisive move.   But my overall bias for Virtual and crypto market in general is very bullish.  I have been holding Virtual last year (purchase price is about  $0.50) and I haven't sold any.    I might start taking profit in stages when the daily MACD or RSI starts to form a clear negative divergence.  
CRYPTO:VIRTUALUSDLong
by EbonyFalcon
BUYGAME is an AI agent infrastructure project in the Virtual protocol ecosystem.    A small market crypto project is extremely volatile and can be unpredictable, but I enjoy trading a project like this based on technical analysis.    Technical analysis can be very subjective.  Depending on which time frames you are trading and how you are seeing patterns, you can draw support/resistance/trend lines in so many different ways for more mature assets like Bitcoin, FX, and indices.   But a young asset like GAME, doesn't have much price action history, therefore, it can be easy to see where the price moves and retraces according to Fibonacci level in 4H and Daily charts.  There are no prior historical patterns and price levels so we have to go with textbook style moves.    I am not sure if that is the case, but I feel like that's what is happening in many new crypto projects.   The price started to move up on the 5th Dec and peaked on the 3rd Jan.  It is the very first time in this asset's history that the momentum indicators travelled from the bottom to the top in the daily chart.  So I drew the Fib retracement line there.  The price dropped right at Fib 0.786 (the last line of defence for the bull), formed tweezer bottom, and strongly bounced up in the 4H chart.  Daily MACD is remaining in the bull territory.  Daily Stochastics have reset and entered the bull zone.  When you go to 4H chart, MACD lines have crossed and are entering to the bull territory.  The price is travelling inside the sell block in the 4H chart, but once it clears, it has not much pressure to move to the last month high at $0.36 zone and move up further.  I don't trade small projects like this with leverage.  I pick projects with good fundamentals and buy with a small allocation of my capital.  I bought GAME tokens at $0.25 area in late Dec.  I intend to hold it for a while and when Daily momentum indicators start to form negative divergence, I might sell all or sell some.  
UNISWAP3BASE:GAMEVIRTUAL_1B199D.USD
by EbonyFalcon
BUYWell, I was hoping the price would consolidate for a while when it broke above the trendline and Fib 0.236, but it blasted off to Fib 0.618, instead.   Last nights CPI data must have been a major catalyst for this move.   I have bought Virtual at around $0.50 Nov last year and I haven't sold any yet.  I am bullish on Virtual and I intend to invest and hold for a while, instead of trading. I am looking for an entry to buy more.  I personally don't think it matters too much  to buy it for $4 , $3.80. or $3.50 IF you are to hold it for several months.   However, currently the price is hovering around Fib 0.618 which is the area the price often corrects temporarily.  Also, two sets of sell orders sitting right above it.   The 4H Stochastics has already reached the overbought territory (although it doesn't mean much when the momentum is very strong.  It can stay in the overbought territory for a long long time and the price keeps going up.)  What I am going to do is to wait and see how the price will settle during Asian and European a.m. sessions.  If the price comes down to Fib 0.382-0.5 level, I will buy more. 
CRYPTO:VIRTUALUSDLong
by EbonyFalcon
Almost time to buy, not yet! ! Yesterday, I published my analysis on Virtual protocol and wrote that I would buy when a certain conditions are met.  These conditions are: 1) Daily stochastics (9,3,3) reset and start to move upwards 2) Daily MACD remains above 0 level (bull zone)  3) 4H MACD lines cross and enter the bull zone.  4) 4H stochastics are not overbought territory (it is okay if the conditions above are met but it might experience a few more pull backs if stochastics are overbought) 5) 4H candle breaks and closes above the top descending parallel channel and stays and also it is above Fib 0.236. In the last few days, the bull is starting to show some signs of strength.  Daily stochastic has reset and now is moving back up.  Daily MACD remains in the bull territory.  Therefore, the environment to open a long position is now present.  The price has moved and closed above the descending parallel channel as well as Fib 0.236 in the 4H chart.     HOWEVER, the 4H stochastics has already reached the overbought territory and rolling down before 4H MACD made it to the bull territory.  That means, the first attempt for the bull run has failed.  The price might move sideways between key fib levels for a while until the stochastic is reset.  
Long
by EbonyFalcon
1
$VIRTUAL Rockets Past $3.20: Bulls Eye $5.00 Target!$VIRTUAL/USDT 4H Chart Analysis Breakout confirmed: SPARKS:VIRTUAL has broken above the $3.20 resistance with strong volume, indicating bullish momentum and a potential trend continuation. Current price: $3.95. Key levels: Support: $3.20 (recently established support following the breakout). Resistance: Target 1: $4.40 (next immediate resistance). Target 2: $5.00 (extended resistance if bullish momentum continues). Pattern: A textbook bottom formation has been completed, signaling a strong reversal. Trade setup: Entry: Current level ($3.95) or on a pullback near $3.60. Target: T1: $4.40. T2: $5.00 (if momentum sustains). Stop loss: Below $3.60 to minimize downside risk. Risk-to-reward: Favorable R:R, particularly if the price sustains above $3.60 and trends toward T2. Confidence level: 8/10, given the clean break of $3.20 resistance and volume confirmation . Considerations: Volume confirmation: Ensure buy volume remains strong, especially near $4.40. Momentum check: Watch RSI for signs of overbought conditions as price approaches $4.40-$5.00. Resistance reaction: Be prepared for potential consolidation or rejection near $4.40 before targeting $5.00. This setup suggests a strong bullish continuation if $3.60 holds, with clear upside targets in sight.
Long
by Cryptokijker
Long opportunity imminent? I am going to buy when the following conditions are met: 1) Daily stochastics (9,3,3) reset and start to move upwards 2) Daily MACD remains above 0 level (bull zone) 3) 4H MACD lines cross and enter the bull zone. 4) 4H stochastics are not overbought territory (it is okay if the conditions above are met but it might experience a few more pull backs if stochastics are overbought) 5) 4H candle breaks and closes above the top descending parallel channel and stays and also it is above Fib 0.236. There are a lot of conditions to meet and it might take a while, but from my past experiences, when these conditions are met, the price start to move smoothly in the direction of my bias. I don't need to go through unnecessary emotional roller coaster.
by EbonyFalcon
1
Buy if these conditions are metI am going to buy when the following conditions are met: 1) Daily stochastics (9,3,3) reset and start to move upwards 2) Daily MACD remains above 0 level (bull zone)  3) 4H MACD lines cross and enter the bull zone.  4) 4H stochastics are not overbought territory (it is okay if the conditions above are met but it might experience a few more pull backs if stochastics are overbought) 5) 4H candle breaks and closes above the top descending parallel channel and stays and also it is above Fib 0.236. There are a lot of conditions to meet and it might take a while, but from my past experiences, when these conditions are met, the price start to move smoothly in the direction of my bias.  I don't need to go through unnecessary emotional roller coaster. 
CRYPTO:VIRTUALUSDLong
by EbonyFalcon
Virtual Protocol - don't get trapped! Last night (morning in NY), Bitcoin went above $100k and it looked like the crypto market was about to start a bull trend.  For Virtual, the 4h candle decisively broke and closed above the previous week's mid price and previous month's high price.  Stochastic and RSI lines both crossed and went into the bull zone.   MACD lines looked like they were about to cross in the bull zone.  Everything looked quite bullish and promising. I was almost tempted to open a long position, but I didn't.   The price ended up retracing and it is now below the recent support area. What saves me every time in the chart setting like this is to wait for MACD lines to cross properly.    I got caught in so many bear/bull traps like this because I wasn't patient enough to wait for MACD to cross.   It is a very simple strategy but extremely effective.  I am still very bullish on Vertical and wait for re-entry.  However, I will wait for 4H MACD to cross in the bull zone and for daily stochastic to cross and roll back before I consider adding more position.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
1
Virtual Protocol - low is in yet? Virtual is currently going through a major correction.   After it broke below the previous week mid/the previous month high, it accelerated the downward move in the narrow descending parallel channel.   Today, the price hit the previous week low at $3.35 which is the previous major support/resistance level.  Is the low in? I think it all comes to Bitcoin's next move. My general bias for Virtual is bullish. So I am patiently looking for an entry to buy. Price is the king but I find momentum indicators , MACD in particular, extremely useful to identify a good entry area. I am going to consider a re-entry when: 1) the price breaks and closes above the top descending parallel channel in the price chart;   2) MACD and RSI lines move above the descending trendline and enter the bull territory;   3) Stochastic in 4H chart is not overbought territory; and   4) For the final confirmation, stochastic in Daily chart has crossed pointing upwards.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
2
Virtual protocol - waiting for re entry The price dropped below the previous week mid and the previous monthly high.  Currently the price is hovering over EMA55 and Fib 0.618.   MACD lines are widely apart and diving into the bear territory so the price correction is still in progress.  However, 1H momentum indicators are starting to form positive divergence and moving its way out of overbought territory.    I will continue to focus on the 4H chart.  If Virtual continues its bull trend, I anticipate the price will start to move upwards somewhere between Fib 05 and Fib 0.786 level (between previous week mid and low area).   MACD has been very reliable indicator for me to enter the market. I will wait for MACD lines to cross and move upwards. Bitcoin is going through a temporary correction so overall cryptomarket might be affected by it.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
VIRTUAL IS BEARISH !!!!The price is in a wedge, and if it breaks the wedge, it can drop to the 0.618 Fibonacci line. Also, the bearish divergence in the RSI strengthens this signal. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
2
Virtual protocol - wait for a re-entry Daily RSI had been forming clear negative divergence since 30th Nov. The price broke the previous month high and daily candles formed the bearish engulfing pattern after.   In the scenario like this, I usually close a trade or take a partial profit.   However, Virtual is one of the most sought after infrastructure AI tokens, therefore, I need to take fundamentals into consideration.   I am anticipating the price will resume another leg up, although it might go through some correction or sideway moves first.   Instead of taking a short position, I am looking for a re-entry position.  As of today, the price has dropped to the previous month high at $4.0 and the price is holding above that level. In the 4H chart, MACD and RSI are moving downwards but still remain in the bull zone. Stochastic (9,3,3) on the other hand has already reached oversold territory and entered into the bull zone.    I will update the analysis on this chart in a day or two. But I think a good entry for long will eventually appear. I definitely won't go short for a strong asset like this, not matter how aggressively pulling down.
CRYPTO:VIRTUALUSD
by EbonyFalcon
4
Virtuals Protocol makes you Real MoneyVirtuals Protocol is a decentralized platform designed to incentivize the creation and monetization of AIdriven personas for various virtual interactions, including gaming, metaverses, and online engagements. By aligning incentives, the protocol empowers users to develop and leverage AI personas to enhance digital experiences and unlock new revenue streams 37,000% Gains ? Even My Calculator Gave Up! Trading Volume: In the last 24 hours, VIRTUAL recorded a trading volume of $524 million dollar, reflecting a 66% increase compared to the previous day. This significant rise signals heightened investor interest and increased market activity. Supply: VIRTUAL has a circulating and maximum supply of 1 billion tokens, ensuring transparency and predictable tokenomics. Price Movement: The all time low price of VIRTUAL was $0.0075, recorded on January 23, 2024 Since then, the token has surged by an impressive 37,000% , highlighting its substantial growth and potential VIRTUAL is actively traded on 37 markets across 24 exchanges, with Gate. io being the most prominent trading platform. Notably, Binance listed the VIRTUAL/USDT pair with 75x leverage on December 10th, 2023, providing investors with enhanced opportunities for portfolio diversification. The token is also being closely monitored for a potential listing on Coinbase, which could further increase its accessibility and market visibility. Where ‘Gem Hunting’ Turns Dreams Into Decentralized Dollars" While new investors might initially find these numbers hard to believe, the concept of "gem hunting" is a proven strategy in cryptocurrency. Gem hunting involves identifying undervalued projects with significant upside potential before they become widely recognized. As demonstrated by Virtuals Protocol's meteoric rise, a single "gem" can offer transformative financial opportunities, changing an investor's life and career trajectory This highlights the importance of education, research, and strategic investment when navigating the cryptocurrency space
Long
by moonypto
Buy Signal for VIRTUAL/USDT📈 Buy Signal for VIRTUAL/USDT ✅ Suggestion: This asset is expected to set a new daily high soon. You can buy now to capitalize on this opportunity. 🚀 💰 Profit Potential: A great chance to earn a solid return on this trade. 💬 For further signal management and access to more opportunities: 1️⃣ Follow my TradingView page 📊 2️⃣ Send me a private message for personalized guidance. 💎 Let’s profit together from this bullish move! 💰
Long
by DAVID_SNIPERRR
(VIRTUAL USDT)VIRTUAL 📈 Buy Signal for VIRTUAL/USDT.P ✅ Suggestion: You can buy now in the live market. 📊 Growth Expectation: I anticipate a 16% increase in the spot market. ⚡ Futures Opportunity: This asset can also be traded with 5x and 10x leverage for futures. 💬 To manage this signal efficiently and receive more profitable signals: 1️⃣ Follow my TradingView page 📊 2️⃣ Send me a private message for further guidance. 💎 Let’s trade smart and profit big! 🚀
Long
by DAVID_SNIPERRR
Phemex Analysis #44: VIRTUAL’s 6775% Surge and What's Next?In the ever-evolving world of cryptocurrency, one story stands out: the remarkable journey of VIRTUAL. Since its debut on the Phemex Perpetual USDT market, PHEMEX:VIRTUALUSDT.P has soared an astonishing 97%, climbing from $1.68 to $3.32. But this is just the tip of the iceberg; since its initial launch on February 15, 2024, it has skyrocketed a staggering 6775%, leaping from a mere $0.049 to its current price of $3.32. As we delve deeper into VIRTUAL's performance, a closer look at the technical analysis reveals intriguing patterns. The 4-hour chart shows that the price is forming a second top, accompanied by an RSI divergence—where the price reaches higher highs while the RSI remains stable. This divergence hints at a potential weakening of momentum, at least within this timeframe. On the fundamental side, VIRTUAL continues to shine brightly in a competitive landscape filled with formidable challengers like ELIZA Protocol (AI16Z), Alchemist AI, and MyShell.AI. Despite this fierce competition, VIRTUAL's innovative approach and unique offerings position it as a promising player in the AI Agents Protocol space. Potential Scenarios As we look ahead, we can envision several potential scenarios for VIRTUAL in the coming days, shaped by key support and resistance levels: 1. Continued Rise Should the price maintain its upward trajectory, it is likely to consolidate between $3.2 and $2.6 to build momentum before embarking on another climb. However, if it fails to do so, this rise may not hold. 2. Retrace then Rise After such significant gains over the past two months, a retracement to support levels seems probable before any further ascent. Key support levels at $2.56, $2.33, and $1.88 could provide excellent buying opportunities for those looking to capitalize on dips. 3. Reverse & Keep Dropping As with many narratives in the crypto world, we must acknowledge the possibility of a reversal once the initial excitement fades. If this occurs, prices could continue to decline—a scenario we’ve witnessed too often in this volatile market. Therefore, setting stop-loss orders is crucial for risk management, particularly if prices dip below $1.8 with high trading volume. Conclusion In conclusion, VIRTUAL's journey has been nothing short of extraordinary, marked by impressive growth and resilience in a competitive arena. As traders navigate this dynamic landscape, careful monitoring of technical indicators and market conditions will be vital. The scenarios outlined above serve as a roadmap for potential price movements ahead, underscoring the importance of strategic risk management in this thrilling yet unpredictable market environment. Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
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