SOULUSDT trade ideas
$SOUL (PHANTASMA)Fundamentally $SOUL has a good team and have gain more partners from the gaming and nft industry!
The price drop hard this month but in 3hr time frame from my chart 📈 , we can see $SOUL has broken out of the downtrend and has turned past resistance has support! From here we can have a bullish move and take some profit on our way up!
#NOTE: This is a small cap #altacoin ,its price movement may be too volatile
SOUL/USDT Bottoming?Soul in a 11% channel One Order
of Magnitude higher than
Initial organic growth channel.
Volume also back to Beginning.
Running out of room...
Good tokenomics and potential for future upside.
Need the volume to show up to break negative momentum.
Else could drop into lower channel
I am just trading the channel waiting for break (up/down??)
What do you think?
SOUL & RMRK about to move!After concluding the BTC bounce is here, I did some research for some potential heavy mover in the lower capped coins with a solid fundamental basis and I found two projects: SOUL & RMRK. Both are NFT infrastructure projects with solid exposure, tech and great token economics where most if not all tokens are distributed. SOUL is doing great and forming a cup and handle with a breakout target towards 5 dollar (about 60%) and RMRK could even do better if it manages to hold previous resistance as support; with an impulse target of 150 to 180%. Both projects are in the 300M market cap area and have ways to go...
For sure, lets keep an eye on BTC but I do not expect anything major for this week and possibly till the end of January. Seems like BTC is doing what I expected in the linked idea below. RSI on both coins looks healthy with bullish divergences and room to grow.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
SOUL Can Create new ATH, Even Right now.Hello every one
SOULUSDT
SOUL is Near It's ATH right now But There are Some Reasons That We Think It Is Not The End Of The Bullish Movement. SOUL is In an Ascending Triangle. The Break out has Not Happened Yet. But Due To Expect Movement Being Huge (AB=CD) It will Take a lot Of Time To Achieve The Expected Target.
This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Bullish Cypher on SOUL for potential 70% UpsideWe are currently sitting right where we need to be in order to see this harmonic play out, we have already seen the initial impulse reaction followed by the retrace, which is where we are currently at right now. Everything still depends on bitcoin not dumping, however. Targets are in yellow, stop loss is in red. We just saw a similar play play out on FLUX.
$SOUL/USDT 12h (KuCoin) Bull pennant near breakoutPhantasma is up-trending above 100EMA support and has formed a bullish continuation pattern, let's join on next dip!
Risk/Reward= 1:2 | 1:3.82 | 1:7.6
Expected Profit= +44.18% | +84.57% | +168.30%
Possible Loss= -22.14%
Fib. Retracement= 0.786 | 1.117 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Website: phantasma.io
Contracts:
#ERC20 0x79c75e2e8720b39e258f41c37cc4f309e0b0ff80
#BEP20 0xc3adbf524513863102df6784e1ab5652165c7912
#Neo ed07cffad18f1308db51920d99a2af60ac66a7b3
⚡️⚡️ #SOUL/USDT ⚡️⚡️
Exchanges: KuCoin
Signal Type: Regular
Current Price:
2.5122
Entry Zone:
2.4976 - 2.1934
Take-Profit Targets:
1) 3.3818
2) 4.3292
3) 6.2929
Stop Targets:
1) 1.8261
MY VIEW ON SOUL/USDT Here we can see the change of character on $SOUL. Initially, price was in a Symmetrical Triangle forming lower highs.
Now, we see a breakout to the buyside direction of the market place. Price broke a lower high to form a higher high so price is currently experiencing a retracement to its local support. I do believe price will moonshot from its support to $3.9-$4.0 providing us with 79-80% profit on Spot bags.
Hidden Gem: Phantasma SOULPROJECT: phantasma.io
STATS: coinmarketcap.com
Phantasma’s SOUL token is in a prime entry position with the potential to do 2x on the way to last ATH, with strong potential to go beyond. The project was established in 2019 and has fulfilled its roadmap, and produced valuable dApps that address some of the largest issues on Ethereum (gas fees) and for crypto in general (energy use). Gas fees are reduced by using the BNB blockchain, and the project is verifiably carbon neutral and prioritizes renewable energy.
SOUL token presents an opportunity for huge potential profits. Phantasma has relevant utility via active wallets, NFT marketplace, and a platform built for gaming. Phantasma is on a path to fully integrating its gaming ecosystem with Steam, one of the largest streaming services in the world.
Phantasma’s market cap is still so low that doing a 10x growth in market cap (and price) is reasonable within the current market environment. Compared to the market cap of similar projects, a 10x increase is also reasonable given the explosive growth of NFTs, blockchain, and metaverse gaming. Market place includes a gaming ecosystem, NFTs, and is a sustainability-focused project.