Update on UltimoGG (ULTGG)Since my initial purchase of 20 billion ULTGG/USDT on BitMart on 20 November 2021 for about 125 USD, I recently found I have received an additional 114,524,208.6 tokens on 8 December 2021 as an "Event Reward" while they sit in my BitMart Wallet (Yes, I do know that BitMart was recently hacked and no, I didn't lose anything). I didn't mention any of the ULTGG Tokenomics in my previous review of ULTGG. As UltimoGG explains on their website (ULTGG dot io), their 10% tax is distributed in the following manner: 1% Liquidity, 3% Redistributed to holders, 3% to Marketing, and 3% to Development.
Apparently, I received my 3% even though my coins/tokens are in a BitMart wallet and not on pancakeswap where their "tokenomics" model is framed in their website description.
Needless to say, I was VERY pleasantly surprised. Admittedly, this is still very early in their project/platform development. So, it is important to understand they could be a smashing success, or there is a possibility they could collapse and disappear a year from now (just as 99 percent of all crypto). We are dealing with a very volatile asset class which is why it can be super rewarding... or become a complete overnight flop. My huge investment was a mere 125 US dollars. It is all I will ever put in this project. If it succeeds, my tiny seed will be more than enough. Incidentally, this is one of several small purchases I made on 20 November. On 16 December, I also received 2,244,935,688 Rewardeum (REUM/USDT) as a "staking reward" on the 20 billion Rewardium Tokens/Coins I bought on 20 November for less than 50 bucks (USD) and simply hold in my BitMart account. If both of these fail, I will not miss a meal. That is the beauty of making small asymmetric bets on assets that show this kind of promise. ;)
If you like this review, please check out my other reviews in this up-and-coming gaming, NFT, defi crypto space. Whether you agree or not, let me know what you think. I have interest in several other small tokens (Peculium & SportsCashOne ) that are not yet available to chart on TradeView, but can be found elsewhere (BitMart). Just be sure to do your own research. Good luck!
Gaming
Total Cryptocurrency Market Cap Update 13/12/21: Road to $6T In regards to the Total Market Cap for the whole cryptocurrency market, since the 3rd Dec crash the total market cap dropped by 27% from $2.604 Trillion to $1.891 Trillion, revisiting previous levels experienced during the May crash and September. Over the past 10 day the total market cap has recovered +9% from -27% to -18% since the 3rd December. I believe we may retest the 200sma again just above the 61.80% before retesting the 78.60% fibs @ $2.43 Trillion and then the ATH @ $3.738 Trillion which we can expect during Phase 2 of this super cycle. Please see previous analysis below. happy trading :)
20/10/21: The road to $6T Crypto Market Cap 2022 forecast; On the 27th July we got further confirmation from the swing call script. We expect this move up to new ATHs to happen in 2 main push phases, the first a break above the 127.20% Fibs towards the 161.80% Fibs @ $3.985T. We can expect to reach the first target by eoy 2021/start of 2022. This may not be a as straight forward push as 2 push phases but several impulsive push phases with periods of accumulation and distribution maintaining bullish sentiment.
$GALA/USDT 3h (Binance Futures) Descending trendline breakoutGala Games has been bouncing on 200MA showing bulls are in charge, then regained 50MA, continuation is likely.
Current Price= 0.49987
Buy Entry= 0.50150 - 0.45750
Take Profit= 0.61768 | 0.77065 | 0.93697
Stop Loss= 0.38624
Risk/Reward= 1:1.5 | 1:3.14 | 1:4.94
Expected Profit= +28.95% | +60.89% | +95.61%
Possible Loss= -19.37%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Website: app.gala.games
Contracts:
#ERC20 0x15D4c048F83bd7e37d49eA4C83a07267Ec4203dA
#BEP20 0x7ddee176f665cd201f93eede625770e2fd911990
$DKNG long V recoverySorry Jim Chanos, you're just dead wrong about this one. You might be right about WYNN tho.
Go long DKNG. Looking very attractive right here and appears to be forming another V recovery. The prior V recovery brought DKNG to its ATH of $74.38. This could send it to those levels for an initial test and then hopefully an eventual breakthrough.
(They usually don't break through prior resistance on the first try)
Draftkings launch into the NFT space partnered with the NFL right before the Superbowl should make for a very fruitful quarter.
Illuvium (ILV) Will Grow $2000 InevitableMostly every coin has taken a significant dip from this latest flash crash. Illuvium is one of those coins that crashed right back down to it's previous all time high and it's looking like Illuvium is holding it's previous all time high as support. We're starting to move sideways which indicates we may be bottoming out of this crash and accumulation is occurring at around $1250 to $1350. We're holding a nice primary trend to the upside despite the fear in the market.
Illuvium is gearing up to be the first major triple AAA game for cryptocurrency aside from Star Atlas. As Illuvium continues to develop and get closer to releasing official gameplay, having a completed decentralized exchange, and land sale auctions expect the price to increase as the demand for the token will likely grow and FOMO sets in.
The metaverse and gaming trend will continue to grow in cryptocurrency and we're still in the embryonic stages of this sector. This sector of cryptocurrency will likely be the top performing sector of 2022. As of right now Illuvium is on a nice dip and we have a nice trough on our stochastic RSI. On the MACD we're starting to creep out of negative histogram territory indicating negative momentum may be easing up.
Keep Illuvium on your radar as it is poised to grow from these price levels once fully developed. Much peace, love, health, and wealth!
THE LITTLE ENJIN THAT COULD. BULLFLAG PATTERN ENJ trying to close above upper band of bull flag; seeing some consolidation. Support held at 38.20% fib and we've been able to close above 2.896 key area of resistance (3x support on previous swing lows), but still below 50 EMA.
Technical:
1. MACD - Histogram getting smaller and red lightening. MACD line below signal, under 0.00, flattening out from obvious downtrend.
2. BB - Candles near lower band
3. RSI - 43. Line moving toward upside.
4. EMA - Above 128, 200; below 50.
If price can close above flag line, 50% fib, and 50 EMA, possibility we see upside is high. At that point, we should see MACD looking to move above signal line from below. Place entry accordingly.
Price Target 1 (9.50%) - 3.144
Price Target 2 (27.09%) - 3.665
Price Target 3 (53.13%) - 4.426
ENJ is a gaming community platform and virtual goods marketplace.
Goodluck!
METAverse Percentage Plays since Facebook announcementQuick look at the %'s of coins that involved with gaming & virtual items
Some like UFO & RNDN and others were not able to be listed due to TradingView not covering them yet
SAND being the biggest gainer, while Axe Inifinity came up pretty poorly, which was a surprise
choose wisely or grab a load of all of them, big things coming in next year!
trade smarter, not harder!
$ATLAS/USD 8h (FTX) Ascending trendline on supportStar Atlas is up-trending and is very likely to bounce on 100EMA to continue bullish after.
Risk/Reward= 1:1.6 | 1:3.44 | 1:5.54
Expected Profit= +24.26% | +52.15% | +83.89%
Possible Loss= -15.15%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Website: staratlas.com
Contract:
#SPL ATLASXmbPQxBUYbxPsV97usA3fPQYEqzQBUHgiFCUsXx
⚡️⚡️ #ATLAS/USD ⚡️⚡️
Exchanges: FTX
Signal Type: Regular
Current Price:
0.1701
Entry Zone:
0.1701 - 0.1583
Take-Profit Targets:
1) 0.2040
2) 0.2498
3) 0.3019
Stop Targets:
1) 0.1393
GALA | Gaming Coin - Quite an Easy Trade!Hi,
Easy to set a stop loss, easy to set a profit target, easy to enter into it after short-term new higher high, so KISS (keep it simple stupid) and ride it, whatever it is a win or loss, the risk-reward ratio is quite good!
Regards,
Vaido
CHAINCADE FTW"The Arcade of the Future" or "Enter the RETROVERSE" - it is an actual gaming platform for arcade enthusiasts. It is just the start ...
Pattern: It looks like an inverted HS and the trendline shows the path.
It is always hard to predict such a "small" and unknown coin ... but this one ... I think and HOPE it will get HUGE!
Metaverse & Gaming are the real future for the industry ... not Meme-Coins. You can make a lot of gains with so called "shitcoins", but in the longterm you wont.
This coin brings it all together. Gaming, NFTs, earning while playing and a decent roadmap with a team that seems to be really dedicated!
NOT A FINANCIAL ADVICE ... just put some money (like 50 bugs) in and wait ... HODL.
The chart looks interesting, my drawing looks awful ... but i think THIS IS A REAL GEM!
Good luck, have fun! ;)
Yours,
void
UltimoGG (ULTGG): Streaming Content, Gaming Tourneys-Screams BUYThis is NOT financial advice. Full disclosure: I spent $125 USDT on purchasing 20 billion ULTGG tokens on BitMart. This is a review of UltimoGG (ULTGG). You can find everything I'm sharing here on their website, ultgg dot io. Yes, you have to put a real dot where I wrote the word.
UltimoGG (ULTGG) is the revolutionary gaming token from the Ultimo GG platform. Get rewarded for everything you do on the platform, from winning tournaments to creating content and contributing to the community, then spend your ULTGG on the platform and with our partners. Purchase NFTs or even create your own featuring your greatest gaming moments or convert ULTGG into real-world money to turn your dream of a career in gaming into a reality. ULTGG will democratize esports and give gamers & content creators around the world the power to build a better future through gaming and set to rival YouTube & Twitch.
Ok, so that was the short version of what they will tell you. Here is my personal observation. The website was clean and professional. They really do have a growing pool of partners. The team has some depth to it and that is always a good thing. The business has been around for 4 years but the token was only recently launched earlier this summer on Pancakeswap. They have good graphics (the website, youtube vids, platform, etc), a good following (at least in the UK where much of the content has been generated), and glimpses of cool gaming merchandise (think T-shirts and in-game NFTs). Even though the token quantity is huge, they are committed to burning. Their interest in the NFT realm appears to revolve around their focus on being a streaming gaming platform, or as they call it, esports. They have a very strong social media presence and because they are working towards further listings on other exchanges, I believe this has the potential to turn into a money-maker for anyone investing now!
If you like this review, please check out my other reviews in the up-and-coming gaming, NFT, defi crypto space. Whether you agree or not, let me know what you think. I have interest in several other small tokens (Peculium , SportsCashOne , & Rewardium ) that are not yet available on TradeView, but can be found elsewhere (bitmart). Just be sure to do your own research. Good luck!
Polygon (MATIC) to $4.00Polygon (MATIC) is right on the doorstep to retesting its prior all time highs set back in May at $2.70. Technically and fundamentally MATIC has a strong narrative that will most likely push this cryptocurrency into another price discovery phase. Ethereum scaling, gaming, play to earn, NFTs, and the metaverse are all narratives of what MATIC is involved in. I believe positive momentum in Ethereum's price will slowly trickle down to MATIC.
Once we break past $2.25 resistance area for MATIC I do believe we will grind up to the 1.618 Fibonacci extension of $3.97 setting a new all time high in the weeks or months to come.
Local Support: $1.90
Major Support: $1.50
Current Resistance: $2.25
Much peace, love, health, and wealth.
MANA USDT 2H Here's how I would trade MANA / USDT 2H:
If the price breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
Entry point - approx 5.03$
TG1 - 5.2$
TG2 - 5.4$
TG3 - 5.6$
TG4 - 5.7$
TG5 - 6.4$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Decentraland:
"Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.
In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.
Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.
Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace."
Source: Coinmarketcap.com
AXSUSDt 1DHi everyone
A resistance level of $ 140 is followed
If this resistance passes, we can expect an increase to 145
The steady rise in buying pressure puts the price on the path to $ 155
If the bears continue to control the market, the price will move to the lower limit of the prevailing pattern at $ 122
The next support is $ 120
Although these two support levels could well prevent a downward trend, a significant increase in sales volume may push the price towards 106
Game / Metaverse tokens that could still explode!I made a list of low (and one big) cap game / metaverse tokens that can absolutely blow up in the coming weeks! I thought it would be cool to share it with you all because its madness right now with the gaming / metaverse scene and I do not expect it to stop anytime soon. This is NOT financial advice though and I do NOT advice to bet the house on these tokens, a small allocation of your portfolio in these tokens could provide some welcome upside.
I am not going to dive into the fundamentals or background of these tokens because I want you to do your own research and not buy because I say so. What I say is that you could research this list and see if you like it. That's it. I did not include GALA and SAND because my gut says they might face a correction soon and I feel MANA could still run but that's just me. I think all of these are set to break their ATH this or next week, which usually indicates a pump. Do note that low caps have increased potential risk but also increased potential gains!
NOTE: I will make another list of other tokens I bought recently, both big, mid and small caps.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
CHROMIA expected monthly return of 100%, 300% best caseI have been waiting for such an opportunity for so long and in this idea, I clarify my logic behind this expectation. there are significant fundamental reasons behind the recent surge in volume , and volatility of CHR however this fundamental discussion is out of the scope of this idea. Please refer to chromia.com in order to get more information about Chromia.
CHR has a current market cap. of 700million USD which puts it in the low market cap category. Exchange volume indicates big room for growth as long-term holders refuse to sell during periods of below-average prices. since the end of October, a significant surge in interest in metaverse-related crypto assets led to a surge in volume and volatility which helped CHR break out of its long-term stationarity around $0.35. Now the most important question to be asked is whether Chromia which is a cross-sectional momentum winner over the past month will experience time-series momentum. in other words, as a matter of fact Chromia has outperformed most of its peers over the past month, the question is wether this monthly return of 200% will be repeated, a pattern reffered to as autocorrelation. well, quantitative data suggest this is very likely in the current case. However this relies heavily on the public's interest in metaverese and gaming related crypto assets also it is worth noting that crypto inevstors usually invest in higher cap less riskier projects like decentralnd and sandbox first pumping their prices then rotating into lower cap ones.
my conclusion is that Chromia has very high potential because of the infrasturcture that offers for gaming community and technicals also support this. please have a quick read about relational blockchain in order to appreciate the potential of Chromia as the future of blockchain.
Thanks a lot for your time and let me know your opinion in the comments.
Mostafa