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Dreams Quest / USDT

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DREAMSUSDT trade ideas

Last chance to buy $dreams before the official game is launchedDreams Quest Origins, an open-world blockchain role-playing game (RPG), is presenting a sneak peek with a breathtaking snapshot of its DreamsVerse. From beautiful landscapes and mystical trees to exquisite use of colors and styles, Dreams Quest presents an otherworldly dream-like environment that captures the player’s imagination. The project has also enhanced its gameplay dynamics from play-to-earn to a more robust collect-to-earn (C2E) model through discovering, upgrading, buying, selling and trading rare and collectible in-game assets that will be saved in players’ inventories as nonfungible tokens (NFTs). Players can unlock quests and collect Organic Matter, crafting it to infuse elements into crystals and learn how to further forge and upgrade game asset NFTs. Dreams Quest will deliver further updates on the game’s development, its trader’s market and various game assets. The trader’s market will serve as a cornerstone for players to buy, sell and trade game assets, acquire various special edition items and upgrade NFTs for game use. Dreams Quest Origins will launch initially as a mobile game, giving players a fully immersive open-world experience accessed by any smartphone or tablet. Users can access game assets in the game or transfer them directly to their Web3 wallets. Further developments will be announced during the coming weeks. Steve Good will be presenting as keynote speaker in Bangkok on the 11th-12th of November! Keep an eye out for official launch after 4 years of hard work! 👁️
by axelrodd
#DREAMSUSDT: Exploring Opportunities in a Resilient Downtrend💎 #DREAMSUSDT has been caught in a persistent downtrend for the past three months, showcasing a remarkable 80% decline since its peak in March. However, there are intriguing possibilities that suggest we may witness another substantial drop of similar magnitude. 💎 The recent break below the long-term support level has triggered a pullback in #DREAMS price. As the current price approaches the upper boundary of the descending channel, it presents a potential selling opportunity. Staying within the channel would indicate a high likelihood of the downtrend continuing. 💎 Notably, the nearest long-term Fibonacci support lies at the 127.2% level, which stands at a staggering 80% below the current price. This level may attract investor interest as a potential bottoming area. A breakout above the channel does not automatically signify a bullish trend, instead, it could potentially prolong the consolidation phase before the downtrend resumes. 💎 To gain confirmation of a bullish trend, #DREAMS must successfully breach the key resistance levels highlighted on the chart. Only then can we anticipate a shift in market sentiment favoring the bulls.
Short
by MyCryptoParadise
2
dreams 🌌"All our dreams can come true, if we have the courage to pursue them." -Walt Disney --- chart is pretty self explanatory. down 99% starting to base (potential accumulation). the more time it spends going sideways, the higher the mark-up phase will be. --- the last meme coin i shared was elon(dogelon) nobody knew what dogelon was back when i was buying it, now people are all over it after it's run up over 5,000%. when they buy, i sell when they don't know, i buy. --- ps. not financial advice. take at your own risk. ✌
by notoriousbids
9
DREAMS QUEST Wedge Breakout 1043% potential (Desktop Version)Hello traders, DISSECTING A FALLING WEDGE TRADE THE STRUCTURE Todays technical analysis is on DREAMS QUEST. This coin seems to be consolidating in a falling wedge pattern which I have seen many times play out very well for the Kucoin bangers that get listed. What you want to look for on a falling wedge pattern is 3 touches on both the bottom support trend and 3 touches on the top resistance trend. This will be the formation of the bullish consolidation falling wedge pattern as saw in the chart. The key indicators of a bullish falling wedge pattern are a wide mouth at the beginning of the pattern and bullish price heading up to the top of the pattern. Then an ABC corrective wave during a bearish down trend that consolidates tightly at the end of the pattern. A lot of times you will be able to use a fib tool from the bottom of the recent to the top of the beginning of the wedge and see that the bottom of the wedge generally bounces off of the 50% Fibonacci level indicating the price action may have exhausted the bearish market participants. THE STOP LOSS There is nothing more important in trading than risk management and protecting your capital. No matter how good of a pattern you see or how promising a trade set up is, the market could always have some bearish news that completely destroys your position. Thus, if you’re going to trade, USE A STOP LOSS!! Ok, for this particular pattern, placing your stop loss is pretty simple, I have a general rule of thumb to place my stop loss 3% below the last swing low of the falling wedge prior to the breakout. Which this will be placed after your entry which we will go over next but, I have listed it in this tutorial first as it is more important than your entry! Your initial stop loss is at .06295¢ THE ENTRY Your entry will be upon the breakout of the top of the wedge located in area #1 or upon retest of the breakout areas in box #2 shown on the chart. Upon breakout of the top of the falling wedge pattern, in the box labeled #1 this being your initial breakout area, you’re going to want to see a CLEAR bullish candle on the daily come above the trend line and be in the #1 buy box before entry to confirm that breakout. KEY NOTE and always a rule of thumb here is patience, your entry will come. Make sure you have a clear closed candle outside of the pattern before you think about opening a trade as there are very often false breakouts and it’s better to have a slightly less favorable entry than to have an entry that will end up getting you stopped out before the trade even starts. Last but not least, another KEY NOTE to look for when placing your entry is to make sure you watch for a spike or increase in volume upon breakout. This is a solid indication that the selling pressure has been exhausted and the market participants are turning bullish, adding more quality to your trade. ALWAYS LOOK FOR THIS INDICATOR FOR OPTIMAL TRADE RESULTS. The entry for this trade should be between .08718¢ and .09880¢ THE ALLOCATION I generally enter with 25%-50% of my allocation I have set aside for this trade at this point. When you’re actively trading it is important to keep your allocation low as when you have a large amount of your capital in a specific trade the hardest parts about trading start affecting you and coming into play. That is the psychology of the trade. The more money you have in any given trade will draw bigger fear and bigger ego if you have a loss or a win. Both are equally bad in trading and will cause you to lose money. So when I say I allocate 25%-50% of the funds I have for this specific trade you have to keep in mind that you should not be using more than 3% of your total account in any particular trade this, my 25%-50% is actually .75%-1.5% of my total account. This makes it easier to just let the trade ride and to follow my plan regardless if I am correct or wrong about my trade, it’s is a calculated loss with a small amount of capital allowing me to have a higher chance of having a smaller drawdown on my overall capital if the market gets bearish on me while I’m in a few longs. So, getting to the other half of my allocation. Generally a consolidation like this will have a very bullish breakout that will pop a hot few candles out of the pattern and generally head to the .618-.5 fib measured from the top to the bottom of the full falling wedge pattern. At this point I take a small amount of profit. About 50% of my current position. This will leave me with .375%- .75% of my capital still in the trade and a small amount of profit that I made from the initial breakout on the side. Now here comes the most important attribute you need to be a good trader, PATIENCE !!! After my small win, I am looking to enter back into this trade at the official retest of the breakout of the pattern. This generally comes shortly after the first target is hit. Again, patience is imperative to your success as a trader. Wait it out until you have a clear candle back at the entry point before you add your second half of your position. PATIENCE IS KEY BUT, ALARMS HELP! Have I mentioned that patience is an important attribute you must have to be a successful trader? Not enough? Ok, we’ll it is! I do know that all of our time is very precious and dear so, I have a small remedy to help with allocations your time so you’re not just starting at your charts… USE ALARMS!! TradingView had everything that you need to be successful, it is your responsibility to learn it so you can earn it! I generally first set an alarm at the entry point of my trade set up that I have identified as well as where I’d expect the stop loss to be. #1, so I can be reminded that the trade has either entered my first entry zone, or to let me know that the trade I have identified may not be what I thought it was and to re assess the situation or find a new trade. Again, patience! So, after my entry alarm goes off and I start my initial position, I then set my stop loss and assure my alarm is set a few pips above my stop loss so I can be alerted before it hits as well as well as an alarm at my first target and one more at my entry point. This way I can be alerted that my first take profit was hit and if the price action comes back down to retest I have an alarm there as well to place my second position along with my profit from the first target TP allocated to the whole trade. At this time I double check that my stop loss is a market stop for my total position and that I have an alarm set up for it that sends a text to my phone just in case! After this I gage my take profit targets and place alarms on all of them as well. SETTING YOUR TAKE PROFIT TARGETS This is what we are here for, the profit right? So it’s important that you have take profit targets (TP TARGETS) on your chart as you need to plan the points you’d like to exit your trade. The first target I find is the total and final take profit of the pattern, which can be determined by measuring the distance between point A and point B which can be found at the beginning of the mouth of the falling wedge as shown in the diagram above on the top of the chart. Once you have the distance measured between points A and B you can then ad this measurement on top of the first area of the breakout candle on the bottom of the falling wedge pattern as soon as the price action shows you where it is breaking out. KEY NOTE is to always make sure you’re being conservative and by this I mean, when placing the distance from A to B on C to D, it is important that you don’t try and get it perfectly to the full measure meant on C To D. What I do is shave off a few % from the total measurement so I can allow for margin of error with my target. Minimum of 3%. Now that I have my final target set up at .99704¢ I then take a Fibonacci tool and run it from the top of the pattern to the bottom of the pattern and place TP targets at both the .5 Fib and the .618 Fib lines. I find that this is the easiest way to get quick targets on a falling wedge pattern that the price action generally will react to while heading to the final target. The .5 Fib is at .34509¢ TP target #2 and the .618 Fib TP target #1 is at .23311¢. Congrats, you’re almost done with your trading plan! Now to the best part! GETTING PAID!! Everyone’s favorite part about trading! Ok, now that you have entered the quality trade, have your risk management set up and are ready to get into some profits here we can set a plan for taking some of those beautiful profits. Now being that we have 3 target areas here I generally have 3 separate take profit %’s that I set up along the way by lieu of limit sell orders for the first two TP targets. My take profit target allocation strategy is generally the 33.3% take profit strategy at every target. So for the first two targets, I will set limit sell orders for 33.3% and a 33.4% of my allocation adding up to 66.7% after the first two targets are hit. This way I am already in profit just in case something goes wrong along the way. KEY NOTE it is always smart to take profit, as if you don’t you’re just an investor without a plan and you’re never profitable until you take profit, so congrats, at this point you’re a profitable trader! Yaaayy!! Ok, so for the final take profit I set a market order as a lot of times when the final take profit comes about the price action can quickly get up to this area and we don’t want to be stuck looking for someone to take the coins off of our hands, we want to get them sold and go celebrate our win by looking for our next trade so we can compound these gains amirite?? So awesome, we have a W on the board so we’re done right? No, there’s another tip you should know in trading to assure profits and apply better risk management strategies. What is this you ask? KEEPING AS MUCH PROFIT AS YOU CAN How do we do this? Simple, after your first two take profits hit, which you will be reminded on your cell phone via text message because you, ya sly devil, you set up alarms on your TP targets and now are going to head over to your exchange and move your stop loss up aren’t ya? Of course you are! Where are you moving it to? Why not make that right at your entry point so not only are we assuring we don’t lose any money on this trade at all, but, we are in fact in profit from 3 separate TP targets that we cashed in on!! NOOOOYCE!! So now that we are deciding on what color Lambo we want, we can assure we still have some bank roll by tossing that stop loss up from .06295¢ to the entry of the trade between .08718¢ and .09880¢ Ok, you have it all set up, I wish you the best and make sure you’re doing your own research as I am not a financial advisor nor is this financial advice. Before we end, here is some key note reviews and the signal targets for the original trade below. KEY NOTE AND TAKEAWAYS #1: Patience is key to any successful trader success. #2: Allocation should always be a fraction of your total account #3: Be sure to identify the structure based on the rules above. #4: Wait for a CLEAR breakout by looking for a daily candle close above the resistance trend line on the top of the falling wedge #5:The retest happens after the breakout #6: Not the 6th most important but, ALWAYS USE A STOP LOSS!! #7: ALARMS make life easy! #8: You have to take profit to be profitable! SO TAKE SOME OFTEN! Entry: .08718¢ and .09880¢ Stop loss: .06295¢ TP1: .23311¢ TP2: .34509¢ Final TP3: .99704¢ P.S. it’s always important to know the fundamentals on a coin, so with that said, below are some stats, coin info and a link to the coins website so you can further research it during your DD. FUNDAMENTALS Dreams Quest Coin Price & Market Data Dreams Quest price today is $0.090157396598 with a 24-hour trading volume of $8,589,048. DREAMS price is up 31.4% in the last 24 hours. It has a circulating supply of 0 DREAMS coins and a total supply of 186 Million. If you are looking to buy or sell Dreams Quest, KuCoin is currently the most active exchange. Dreams Quest is building the first-ever metaverse-based economy, a self-sustaining Dreams Verse where people will be able to participate in the decentralized play-to-earn RPG game using dynamic NFTs. Unknown factors will affect character attributes in-game, and post-game outcomes will dynamically change the NFT card attributes and write them on the blockchain (the ethereal scribes) to show game history for each card. Website: dreams.quest
Long
by Savvythe1
5
DREAMS QUEST Wedge Breakout 1043% potential (Mobile Version)Hello traders, DISSECTING A FALLING WEDGE TRADE THE STRUCTURE Todays technical analysis is on DREAMS QUEST. This coin seems to be consolidating in a falling wedge pattern which I have seen many times play out very well for the Kucoin bangers that get listed. What you want to look for on a falling wedge pattern is 3 touches on both the bottom support trend and 3 touches on the top resistance trend. This will be the formation of the bullish consolidation falling wedge pattern as saw in the chart. The key indicators of a bullish falling wedge parttern are a wide mouth at the beginning of the pattern and bullish price heading up to the top of the pattern. Then an ABC corrective wave during a bearish down trend that consolidates tightly at the end of the pattern. A lot of times you will be able to use a fib tool from the bottom of the recent to the top of the beginning of the wedge and see that the bottom of the wedge generally bounces off of the 50% Fibonacci level indicating the price action may have exhausted the bearish market participants. THE STOP LOSS There is nothing more important in trading than risk management and protecting your capital. No matter how good of a pattern you see or how promising a trade set up is, the market could always have some bearish news that completely destroys your position. Thus, if you’re going to trade, USE A STOP LOSS!! Ok, for this particular pattern, placing your stop loss is pretty simple, I have a general rule of thumb to place my stop loss 3% below the last swing low of the falling wedge prior to the breakout. Which this will be placed after your entry which we will go over next but, I have listed it in this tutorial first as it is more important than your entry! Your initial stop loss is at .06295¢ THE ENTRY Your entry will be upon the breakout of the top of the wedge located in area #1 or upon retest of the breakout areas in box #2 shown on the chart. Upon breakout of the top of the falling wedge pattern, in the box labeled #1 this being your initial breakout area, you’re going to want to see a CLEAR bullish candle on the daily come above the trend line and be in the #1 buy box before entry to confirm that breakout. The entry for this trade is between .08718¢ and .09880¢ KEY NOTE and always a rule of thumb here is patience, your entry will come. Make sure you have a clear closed candle outside of the pattern before you think about opening a trade as there are very often false breakouts and it’s better to have a slightly less favorable entry than to have an entry that will end up getting you stopped out before the trade even starts. Last but not least, another KEY NOTE to look for when placing your entry is to make sure you watch for a spike or increase in volume upon breakout. This is a solid indication that the selling pressure has been exhausted and the market participants are turning bullish, adding more quality to your trade. ALWAYS LOOK FOR THIS INDICATOR FOR OPTIMAL TRADE RESULTS. THE ALLOCATION I generally enter with 25%-50% of my allocation I have set aside for this trade at this point. When you’re actively trading it is important to keep your allocation low as when you have a large amount of your capital in a specific trade the hardest parts about trading start affecting you and coming into play. That is the psychology of the trade. The more money you have in any given trade will draw bigger fear and bigger ego if you have a loss or a win. Both are equally bad in trading and will cause you to lose money. So when I say I allocate 25%-50% of the funds I have for this specific trade you have to keep in mind that you should not be using more than 3% of your total account in any particular trade this, my 25%-50% is actually .75%-1.5% of my total account. This makes it easier to just let the trade ride and to follow my plan regardless if I am correct or wrong about my trade, it’s is a calculated loss with a small amount of capital allowing me to have a higher chance of having a smaller drawdown on my overall capital if the market gets bearish on me while I’m in a few longs. So, getting to the other half of my allocation. Generally a consolidation like this will have a very bullish breakout that will pop a hot few candles out of the pattern and generally head to the .618-.5 fib measured from the top to the bottom of the full falling wedge pattern. At this point I take a small amount of profit. About 50% of my current position. This will leave me with .375%- .75% of my capital still in the trade and a small amount of profit that I made from the initial breakout on the side. Now here comes the most important attribute you need to be a good trader, PATIENCE !!! After my small win, I am looking to enter back into this trade at the official retest of the breakout of the pattern. This generally comes shortly after the first target is hit. Again, patience is imperative to your success as a trader. Wait it out until you have a clear candle back at the entry point before you add your second half of your position. PATIENCE IS KEY BUT, ALARMS HELP! Have I mentioned that patience is an important attribute you must have to be a successful trader? Not enough? Ok, we’ll it is! I do know that all of our time is very precious and dear so, I have a small remedy to help with allocations your time so you’re not just starting at your charts… USE ALARMS!! TradingView had everything that you need to be successful, it is your responsibility to learn it so you can earn it! I generally first set an alarm at the entry point of my trade set up that I have identified as well as where I’d expect the stop loss to be. #1, so I can be reminded that the trade has either entered my first entry zone, or to let me know that the trade I have identified may not be what I thought it was and to re assess the situation or find a new trade. Again, patience! So, after my entry alarm goes off and I start my initial position, I then set my stop loss and assure my alarm is set a few pips above my stop loss so I can be alerted before it hits as well as well as an alarm at my first target and one more at my entry point. This way I can be alerted that my first take profit was hit and if the price action comes back down to retest I have an alarm there as well to place my second position along with my profit from the first target TP allocated to the whole trade. At this time I double check that my stop loss is a market stop for my total position and that I have an alarm set up for it that sends a text to my phone just in case! After this I gage my take profit targets and place alarms on all of them as well. SETTING YOUR TAKE PROFIT TARGETS This is what we are here for, the profit right? So it’s important that you have take profit targets (TP TARGETS) on your chart as you need to plan the points you’d like to exit your trade. The first target I find is the total and final take profit of the pattern, which can be determined by measuring the distance between point A and point B which can be found at the beginning of the mouth of the falling wedge as shown in the diagram above on the top of the chart. Once you have the distance measured between points A and B you can then ad this measurement on top of the first area of the breakout candle on the bottom of the falling wedge pattern as soon as the price action shows you where it is breaking out. KEY NOTE is to always make sure you’re being conservative and by this I mean, when placing the distance from A to B on C to D, it is important that you don’t try and get it perfectly to the full measure meant on C To D. What I do is shave off a few % from the total measurement so I can allow for margin of error with my target. Minimum of 3%. Now that I have my final target set up at .99704¢ I then take a Fibonacci tool and run it from the top of the pattern to the bottom of the pattern and place TP targets at both the .5 Fib and the .618 Fib lines. I find that this is the easiest way to get quick targets on a falling wedge pattern that the price action generally will react to while heading to the final target. The .5 Fib is at .34509¢ TP target #2 and the .618 Fib TP target #1 is at .23311¢. Congrats, you’re almost done with your trading plan! Now to the best part! GETTING PAID!! Everyone’s favorite part about trading! Ok, now that you have entered the quality trade, have your risk management set up and are ready to get into some profits here we can set a plan for taking some of those beautiful profits. Now being that we have 3 target areas here I generally have 3 separate take profit %’s that I set up along the way by lieu of limit sell orders for the first two TP targets. My take profit target allocation strategy is generally the 33.3% take profit strategy at every target. So for the first two targets, I will set limit sell orders for 33.3% and a 33.4% of my allocation adding up to 66.7% after the first two targets are hit. This way I am already in profit just in case something goes wrong along the way. KEY NOTE it is always smart to take profit, as if you don’t you’re just an investor without a plan and you’re never profitable until you take profit, so congrats, at this point you’re a profitable trader! Yaaayy!! Ok, so for the final take profit I set a market order as a lot of times when the final take profit comes about the price action can quickly get up to this area and we don’t want to be stuck looking for someone to take the coins off of our hands, we want to get them sold and go celebrate our win by looking for our next trade so we can compound these gains amirite?? So awesome, we have a W on the board so we’re done right? No, there’s another tip you should know in trading to assure profits and apply better risk management strategies. What is this you ask? KEEPING AS MUCH PROFIT AS YOU CAN How do we do this? Simple, after your first two take profits hit, which you will be reminded on your cell phone via text messge because you, ya sly devil, you set up alarms on your TP targets and now are going to head over to your exchange and move your stop loss up aren’t ya? Of course you are! Where are you moving it to? Why not make that right at your entry point so not only are we assuring we don’t lose any money on this trade at all, but, we are in fact in profit from 3 separate TP targets that we cashed in on!! NOOOOYCE!! So now that we are deciding on what color Lambo we want, we can assure we still have some bank roll by tossing that stop loss up from .06295¢ to the entry of the trade at .10416¢ Ok, you have it all set up, I wish you the best and make sure you’re doing your own research as I am not a financial advisor nor is this financial advice. Before we end, here is some key note reviews and the signal targets for the original trade below. KEY NOTE AND TAKEAWAYS #1: Patience is key to any successful trader success. #2: Allocation should always be a fraction of your total account #3: Be sure to identify the structure based on the rules above. #4: Wait for a CLEAR breakout by looking for a daily candle close above the resistance trend line on the top of the falling wedge #5:The retest happens after the breakout #6: Not the 6th most important but, ALWAYS USE A STOP LOSS!! #7: ALARMS make life easy! #8: You have to take profit to be profitable! SO TAKE SOME OFTEN! Entry: Between .08718¢ and .09880¢ Stop loss: .06295¢ TP1: .23311¢ TP2: .34509¢ Final TP3: .99704¢ P.S. it’s always important to know the fundamentals on a coin, so with that said, below are some stats, coin info and a link to the coins website so you can further research it during your DD. FUNDAMENTALS Dreams Quest Coin Price & Market Data Dreams Quest price today is $0.090157396598 with a 24-hour trading volume of $8,589,048. DREAMS price is up 31.4% in the last 24 hours. It has a circulating supply of 0 DREAMS coins and a total supply of 186 Million. If you are looking to buy or sell Dreams Quest, KuCoin is currently the most active exchange. Dreams Quest is building the first-ever metaverse-based economy, a self-sustaining DreamsVerse where people will be able to participate in the decentralised play-to-earn RPG game using dynamic NFTs. Unknown factors will affect character attributes in-game, and post-game outcomes will dynamically change the NFT card attributes and write them on the blockchain (the ethereal scribes) to show game history for each card. Website: dreams.quest
Long
by Savvythe1