3ULL/USD Crypto is starting to move again. While top players like BTC are on the run we are about to see some explosive alt coins popping up. This is my personal believe and setup for this years bullrun. One of my top alt coins is Playa3ull, not only backed up by a solid team with a lot of motivation. The gaming industrie is about to get some new players and it will be backed up by a lot of crypto users. No advise just my opinion.
3ULLUSDT trade ideas
Potential double bottom on 3ullThere is a potential pivot here in the free falling 3ull that broke down from the greater wedge. I thankfully took my initials out on the pump with some profits. My plan is to hold this for the next big multi-day move and likely exit as I have not liked the momentum fall off. I would rather just hold AVAX. This is a lesson in why covering initials on many plays is very worth while, losing money is worse than losing out on some gains.
3ull a lesson 3ull had a massive run and I was able to secure my initials plus some profit on my first sell. Since then this chart has looked uglier and uglier. This wedge has also broken down as gaming tokens continue to sell off. I marked a likely downside target with the dashed reds.
Lessons for others:
-Secure initials, even in crypto
-Before you enter a token make a plan as to when you'll sell 25-50%
-My plan was an entry at .0017 and my sell was .0087 securing my initials back into Avax
-If its not one of your fundamental large cap holdings stick to the profit taking plan
-Dont be afraid to sell smaller percentages of your large caps if they overheat (like RNDR and INJ)
3ull consolidates on channel 3ull presents a horizontal channel of consolidation. The wedge I hoped would play out did not. You can see I am still way up from my initial entry, and I did take profit a while back when I stated I did, seems like a long-time ago now. i will continue to hold this bag until the next obvious gaming run, likely lead by SUPER.
3ull trying to find support3ull had an amazing run and I was able to lock in my initials. I am sitting tight and patient as the team puts out updates. I have no plans on capitulating on this since I am already in profit. This is the first higher low weve really seen on the multi day timeframe. I do expect some gaming tokens to run even if BTC is sideways or bearish.
3ull on Avalanche opportunity3ull has heavily corrected over the past few weeks offering up an opportunity. The fib levels have been fairly respected so far on this newer token. I believe the time is now for those who missed out on this tokens first major run up. The most recent red candle wick tapped the demand from a previous run up. I expect the token to make some major moves once avax calms down which should be soon.
3ull on avax riding momentum3ull is one of my best swing trades of the year, my initials were secured at the dashed green line and my next TP is at .02 so another 2x from here. This token has only offered brief pullbacks for entries. Every confirmed breakout of minor pullbacks has provided a return. I still have 66% of my initials riding and plan to take all profits into Avax which is one of my core holdings. I expect a breakout of this fib extension as Avax itself becomes overheated and the greedy take profits into speculative gaming tokens.
3ull pushing momentum on market correction3ull on avalanche is looking to push momentum again. This token is VERY volatile but I have already secured initials + profit on first sell level. This dashed green line was my area of interest which has not been flipped to support just yet. The token did wick into demand nicely which shows buying pressure on dips. A break back above the 20/50 ema is noticed. I think we break the downtrend line here to attempt this green fib.
3ull climbing back to momentum line3ull had a few washouts recently as traders flock back to the mother token that is AVAX. The token is climbing right back to the momentum line (teal). Volume and RSI reset and a local demand is drawn for a supportive region. These fib extensions are actually working pretty well. 3ull did reject off my initial profit take level pretty hard. I left my initial entry on the screen (dotted green). My initials are covered + the ~70% profit from my first 33% sell. This is how I like to do it, if the token completely falls apart I can just sell into avax for safety. I think this thing continues to my next profit level of .02 in the coming weeks/months.
3ull correcting meaningfully3ull corrects after I took profit at my first price target. Getting that 5-7x with 33% of the position is a nice way to derisk back into AVAX and lock in the profits. I added demand that was drawn on the daily which should act as strong support since its a pretty large demand. I expect a bounce very soon since gaming is going so parabolic. RSI is about the lowest it has been and this bounce could be very aggressive, glad I stuck to my 1/3 plan which I usually use for speculative micro cap tokens. I sell 33% between 5-8x into the native layer-1 I am using, in this case AVAX. But this works for all blockchain ecosystems. This allows you to secure your initials, and make 65-130% gains on that first sell. I then sell another 33% at 10-16x, and let the last third ride as far as I can handle. stay safe out there!
3ull second attempt at first targetTo be transparent I stuck with my plan and took my 5x by selling 33% at that dashed green like I said I would. I mark my entries with dotted greens btw. I was able to escape on a wick. Once again a candle body is being rejected at this level. I added the fib extensions to the chart and the token seems to respect them decently. You will notice a contracting RSI which means we are preparing for another big move. All EMAs are pointing upward, I did add a demand we might dip into if the teal trend line is broken. We might be seeing a 4 hour cup and handle forming which would resolve above .1$ imo. I am clearly bullish here as we approach 100 million market cap which is my next profit take.
3ull closing on first targetI plan on selling 33% of my total position on the dashed green which is a 7x from my entry. This will solidify my initials + profit and allow me to continue to ride until 100 mil market cap for the next profit take. This area is also close to a fib extension on both channel and regular extension tools. I would like to sell a bit before 1 cent which is a large psychological resistance.
3ull in price discoveryI will try my best to predict the next key level as we continue price discovery. This level is a Fibonacci projection and would put my initial entry at over a 5x which I am pretty pumped about. I have been using this speculative bet to multiply my total AVAX holdings. I plan on selling 33% of my tokens at this level which will cover my initials + about 80% profit. The rest I will let ride until 100 million market cap. I added a demand we could wick down to if there is a correction as well as kept the previous support levels.
3ull in price discovery3ull is trending with its gaming friend and is in price discovery mode. After a brief cool off the RSI remains hot and the volume is strong especially on the buy side. I swung this from the last tap of the green line and am planning to hold until 100 mil market cap. I am not sold on the fundamentals of this token despite a real game existing. The token is way too inflationary for my liking for a long-term hold.
3ull gaining steam on gaming hype3ull is a small cap gaming ecosystem I am eyeing that has built a subnet on Avalanche. If you have been on our site you will know we are huge subnet/avax bulls because of the ability to handle gaming and other high bandwidth setups. This token is setting up for new all time highs and has clear hype and strong volume. The dashed green is a prior multi week double top, and the green line above is all-time-highs. I am considering entering spot today on this pullback.