🔵 $JETTON Crypto gaming platform, maby he can 🚀Today for analysis I would like to take a coin from the #TON ecosystem.🫰
There are several points why I decided to enter this trade:
- An excellent road map, there are points that can serve as triggers for price movement and project development
- The product is multi-platform and integrated into the messenger, which allows you to quickly interact with it
- Potential audience of the platform is 800 million users
- The project appeared on the MEXC exchange with high daily volume
Conservative, very realistic goals for the project are 4-5$, but we don’t know what the CEO of the project has in mind, it’s quite possible to see 10+$ per token
There are corresponding risks, I will not voice them, follow risk management and make decisions consciously.
I'll update the forecast as I progress.
🫰🚀💰
Casino
MGM Bet is on this one breaking 52-week highsCasinos are rolling, China reopening, lots of high rollers with pent up demand. MGM price action looks great. Watch for this one to break through it's 52 week highs around 45-46, this chart leaves room for MGM to run plenty if it can break through that resistance
You like microcaps? Here's an extreme one, less than $100k!Metanept is a metaverse game that is still in the development phase. The chart is mega rekt, and the marketcap is currently not even $100k. The plan is to build a fully immersive open world game with quests, exploration, property management, minigames, all sorts of things. Development has taken very long and right now some things are finally starting to come to fruition. They have just opened up the casino section, where you can hit some slotmachines and play with NEPT. This ofcourse is just a small start, and they will develop it into a full casino with blackjack, roulette tables among other things.
This coin is extremely high risk. We have to hope that the team continues to work hard and realise their goals and ambitions. Either way, if this pumps, it's pretty much an instant 10x, and the long-term potential is obviously ridiculous if it actually ends up becoming a full-scale immersive game with hundreds of thousands of players one day. For now, it's just a gamble. So don't throw in too much money, even just $20 or $50 is more than enough.
Also, looking at the orderbook activity, there is just 1 marketmaker that owns over 1 billion NEPT and is manipulating the price. So keep that in mind if the price continues to dump after you buy. It's all just fake, which is to be expected in a marketcap of this size. Nice little gamble coin just in case they actually end up developing something great in the coming years.
10/5/22 LVSLas Vegas Sands Corp. ( NYSE:LVS )
Sector: Consumer Services (Casinos/Gaming)
Market Capitalization: $32.568B
Current Price: $42.62
Breakout price: $43.00
Buy Zone (Top/Bottom Range): $39.70-$36.20
Price Target: $47.40-$48.60
Estimated Duration to Target: 66.72d
Contract of Interest: $LVS 12/16/22 45c
Trade price as of publish date: $3.20/contract
$DKNG could popEvery time the upper AND lower bands in orange of the Bollinger pass within the Keltner Channel, there is a significant move. The direction is always unknown, but it's an excellent indicator of when a stock is coiled for a big move.
The last few upper and lower band breaches resulted in big downwards moves. This most recent cross of both bands of the Bollinger into the Keltner Channel signifies another big move, but I think this time, the direction is up. It's already been slaughtered and I highly doubt it can get beat up more than it's already been beaten up.
Side note: There was lots of unusual activity in the 15C expiring this Friday for $DKNG. Large purchase implying a big move by the end of the week.
They also have the Stanley Cup and NBA finals going on right now so the bets should be flowing making for a could quarter (I believe they report in August).
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse.
In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why?
After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way.
governance.decentraland.org
While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well.
decentral.games
We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense.
Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
MGM Q4 earnings and revenue exceeded analyst expectationsThis stock has more than doubled since my first call:
and now the American Gaming Association estimates that $7.6 billion will be spent in wagers on this year`s Super Bowl!
That`s 78% higher than 2021.
The record breaking year could mean a record price for MGM stock as well, now that MGM Resorts International is seeking more international exposure as well.
MGM Q4 2021 Earnings:
Adjusted EPS $0.12 vs $0.02 expected
Revenue $3.1B vs $2.8B expected
Las Vegas Room Occupancy Rate 86.0% vs 82.4% expected
My price target is a double top at $51.20.
Looking forward to read your opinion about it!
DKNG $100 IDEA, if this trend can't hold, look for sub $40 Current trend and past trends are all leading to a similar point (sometime in Feb), plus we had a nice little drop on earnings which could have put this stock on a really good path up to $100.
People love to gamble, and DK is spending a lot of advertising.
Will it get there?? I'm not sure, however.. It's not crazy to think DK and Penn start to run again this month.
I've marked some important points to take note of on this current trend, including one on the 9th.
$GNOG vs $RSI year to date comparison. $GNOG Golden Nugget Online Gaming and $RSI Ruth Street Interactive have traded roughly in the same range year to date up until $DKNG DraftKings announced its acquisition of GNOG on August 9th. There is currently about a 20% difference between the two stocks. Rumors have circulated of a possible acquisition of RSI by Flutter Entertainment $PDYPF. Rumors aside $RSI has plenty of room to the upside, has gained attention recently, and the online gambling sector is positioned well considering the continued push towards a digital world.
Gambling on WYNN?WYNN is now approaching a VERY important level right now at the 50 fib line. Using the pandemic low as the anchor and this year's high, some important levels have begun to reveal themselves. Right now the 50 fib sits right around $90 (about $1 off Wednesday's level). With new Delta data coming out, people seem a bit skittish about travel and leisure. So where to go from here? Upcoming earnings are near-term potential catalysts, meanwhile, it's still a bit up in the air which way the wind will blow when it comes to potential lockdowns/ restrictions, etc.
If you look at what the outlook seemed to be earlier in the year before the Delta data started flowing, optimism was apparent: Travel Pulse recently shared findings from a survey of more than 5,800 respondents. Here are some of the findings:
-61% feel hopeful about travel in 2021, of whom 83% will take two or more domestic trips, and 44% plan for two or more international getaways.
-Approximately 83 % of hopeful respondents plan to take at least two domestic trips, and about half as many (44%) are targeting two or more international getaways in 2021.
-More than one-third of respondents (35%) indicated the importance of face mask requirements.
When you factor in the outlook for the hotel industry, prospects appear brighter than some may think. The American Hotel & Lodging Association expects a few key hot points to lead growth:
Hotel occupancy in the United States for 2021 is expected to average 52.5%, up from 44% in 2020.
Occupancy rates are projected to rebound more significantly in 2022, reaching 61.4%.
Hotel room revenue is expected to climb from $85 billion last year to $110 billion this year
Business travelers are expected to be a driving force for a return to leisure travel.
Early aspects and Read More: Looking For Penny Stocks To Buy Now? 5 Travel & Hotel Stocks To Watch
CZR: Long. Potential 4 R/R ratioCZR bounced off a year long up trendline + horizontal support with a long tail doji yesterday. Slight sell off today, thus presenting us a good time to buy in.
Target profit 1: Next immediate resistance at around $100 giving us about 2.8 R/R ratio.
Target profit 2: Next resistance at around $105 giving us about 4 R/R ratio.
If you trade options, 3 months out should be sufficient. As for strike price, it will depend how risky you want it. ATM strike will be safer vs OTM strikes.
P/S: There's actually a typical Elliot Wave pattern formed/ H&S pattern with a broad neckline. Depending on the price action in the upcoming days, we will evaluate again if the move will unfold.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
the 3rd wave of Elliott is startingcrab harmonic pattern:
AB=0.38 XA
BC=0.88 AB
tp1=1.6 BC=$0.0043
tp2=2.6 BC=$0.04
tp3=3.6 BC=$0.38
tp4=1.6 XA=$2.35
WINK is making the virtual reality of the Tron ecosystem with oracle and the name of it is WinkLink now. Justin Sun is making a casino ecosystem and it seems Ponzi game so be careful. If you think you are a paper hand guy, buy more and use your dice!