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Metaverse Index / WETH

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MVIWETH_4D3C5D trade ideas

MVIWETHThis index is related to Metaverse projects As you can see, Metaverse, Game, and NFT projects are moving downwards in a channel, but at the top of the channel We have to see if they can break the roof of the channel this time It is not clear yet, and of course there is no news about the past hype If you invest in meta projects Leave it low first Second in powerful projects and the same as the first 5 projects Unless you choose a project with personal research Of course, the suggestion is to put less money on them in the uncertain market these days Good luck
by Shivaz
Metaverse Index Gartley + Butterfly above inflection zone SAND and MANA have been absolutely on fire with the market trending down last few days, ive been waiting for this index to get hot and everything we look for is here. Completely above the critical inflection zone. Bullish Hammer candlestick at the PCZ of a huge gartley and a smaller butterfly. Divergence on CMF, ACC/DIST, and both MACDs. If these were bullish conditions i would be expecting a move toward all time highs. My best trading i had ever done was in the 5 days leading up to thanksgiving trading this sector, i multipled one of my accounts 175x before getting liquidated 90% of that on the thanksgiving night crash using 5-20x leverage on FTX. Go back through my post history, all the setups were there. They all used the same setup that this index is displaying here on an even more significant time frame, the daily. i would love the metaverse plays to get hot again, i swear to god if i 175x again in 4 and a half days im going ghost for 2 months lol. dont forget to pay yourselves, leverage trading is a dangerous game and its only a matter of time before some bullsh*t happens, haha. If you turn 10k to 1 mil, take 990k out and start with ten again. This game isnt going anywhere. Anyways, a good trade here if skeptical of the macro would be to long metaverse blue chips like sand mana and other small caps while going short on a basket of trash. Cheers and good luck
Long
by longstrokelarry
Cup and Handle MVI Cup and Handle MVI Many assets in the MVI had huge runs in the last two weeks and are currently in short term correction phase, aligning with the handle dip in the cup-and-handle pattern. I am looking for a break-out as profits flow from the gaming nft assets into btc + eth (happening at time of writing), then back into nft and this index as more institutional interest comes in and eth price rises/pumps. 65-68% probability this pattern preceeds upside continuation. Looking at short term and mid term market phases, I will take note of how DPI and MVI cycle
Long
by xlmhillarykbutler