Mask
MASKUSDT Golden Cross on 1D but we need this Resistance to break*** ***
For this particular analysis on the Mask Network we are using the MASKUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where MASK just formed a Golden Cross on the 1D time-frame, which is a bullish pattern when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). This is upon a pull-back just a week after the November 03 High, which not surprisingly failed to break the 6.500 Resistance of the April 02 High.
We say not surprisingly because the previous 1D Golden Cross, also failed to break its Resistance level at the time (29.150) and instead of a bullish extension, the price turned sideways, until it eventually got rejected on November 27 into an extended Bull Cycle.
Even the RSI patterns between the two are similar, so it is not unlikely to expect a similar consolidation unless the 6.500 Resistance breaks. We have plotted the 2021 price action on this year's and the similarities are strong.
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Mask 15M Trading RangeThe chart is clear, long in demand zones, short in supply zone,
Mask is in a perfect trading range(20%), a break from any side will be massive movement,
short positions is recommended,
[
b]please share your opinion in the comments
I consider all analyses performed in relation to that trade position.
Our analysis is not a buy or sell referral.
If you found our analysis useful and interesting, feel free to share it so that more individuals might benefit from it.
And please don't forget to like and comment; we will read them all.
MASK SHORT SETUPHello, dear traders. how are you ? Today we have a setup to Sell/Short the MASK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MASK SPOT BUY SETUPHello, dear traders. how are you ? Today we have a setup to buy (spot) the LIT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Kleros web 3 escrow and dispute resolution defi big Brain HOLD PNK pinakion - Kleros
Lens protocol recently dropped a new social graph and implemented many protocols - including Kleros. I have been bag holding this shitcoin for years expecting it to moon but now I really believe more that this will moon eventually it could still be years away but you will want to be holding just a little percentage of your moon bags in PNK when and if web 3 summer or winter is upon us.
MASK : SHORT TREND ( RECOVERY)At a price of 1.60, we did expect an increase on this coin.
From here high possibility for recovery.
Know that we did expect more breakdown trends and that any hype has profits and investment that could take out.
Any market that increase gets recovery.
Trade safe on MASK as there is possibility it can drop where it did start with increase
This coin is only hyped with speculations, there is nothing confirmed about it.
GRT will follow MASK ?The Graph (GRT) is an open-source, decentralized indexing protocol for blockchain data. It is designed to allow queries on the Ethereum network. The Graph network also allows developers to construct/use various APIs known as subgraphs for separate queries.
The prices have been consolidating since mid May in a range and almost static, lately. However, as seen in charts, we can see why it is interesting to pay attention on GRT now, specially when being compared with MASK.
Similar pattern as MASK before it jumped almost 200% in a few days: prices dropped 80% in April and has been ranging since.
MFI indicator: The local trendline was broken. If buy pressure is maintained, it is likely that the longterm trendline will be broken, as well.
Let's see how GRT will progress the next days (or weeks).
MASK one more pumpMASK has been pumping three times in just a few days. What are the reasons? When will it takes a pause?
I cannot answer the first question. I'm interested if someone can give some information.
For the second on, in my opinion, the last pump may be coming (before a correction).
As in chart, we'll see successive classic bullish pennant consolidations.
Musk + Twitter = pumping Mask Network priceToday we will take a look at the price chart of MASKUSDT
But first, a little bit of fundamentals:
"Mask Network is a protocol that allows users to send encrypted messages over Twitter and Facebook. Essentially, it acts as a bridge between the internet and the decentralized network running on top.
Mask Network now offers the ability to fund Gitcoin grant campaigns directly from Twitter, and plans to offer peer-to-peer payments and decentralized storage functionality."
Let's start with the fact that many market participants probably bought MASK in the liquidity zone of $3.50-5.30 in February-April 2022, because they assumed that a reversal pattern "Double Bottom" was forming (remember this liquidity zone, we will return to it).
But the result of purchases for most was sad because in May 2022 the market organized an -80% drop in the price of MASKUSD and provided a "second bottom as a gift"
As you can see from the chart, the MASKUSDT price was falling further, it seemed that no one needed MASK, and the red downtrend line did not let the price go up.
But on 26.10, a miracle happened, the MASKUSDT price broke through the trend line upwards, and how it broke through, for 4 days +200%.
This is an even better result than the DOGEUSDT price shown.
Elon Musk openly and without hesitation like to "promote to the masses" Dogecoin.
And here we get an interesting coincidence, it was on 26.10 that information began to leak into the infospace that Musk would buy Twitter by 28.10.
At this point, conspiracy theorists begin to rub their hands, because: Musk bought Twitter with which MASK is fundamentally connected
But we are trading based on what we see on the chart, so let's go back to it. Today in our vision we have two options for the development of events:
1. White option - on the hype, the price still rises to $3.50. Much higher from the first time MASK price will be difficult for it to rise, because there begins a strong liquidity zone that we mentioned earlier. Those who have been sitting in a drawdown for more than six months will actively sell off at a break-even, this is how human psychology works.
2. The blue option is the beginning of the correction to the liquid zone of $1.30 - 1.60. It is in this liquidity zone that we would not mind buying a little MASK for our long-term investment portfolio with targets for sale above $5-8
After each pump comes a correction period, and it does not matter to us whether it will be from the current $2.50 or from a possible future price of $3.50.
The main thing is to buy at a psychologically and technically comfortable price, and we know how to wait ;)
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MASKUSDT (Mask Network) Daily tf Range Updated till 1-11-22MASKUSDT (Mask Network) Daily timeframe range. lots of alt picked up in October, after a long consolidation and downtrends. the gains are massive from the level points. this is another alt with high risk and reward price action. there are huge spaces within its range levels which is from its constant downtrend. it needs to hold above the blue lines or back to price discovery.
MASK CAN CONTINUE TO DROP FURTHER TOWARDS HIGHLIGHTED ZONE!Check out the trade plan for Bitcoin today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
MASK can continue to drop after the 5th wave formed on this bullish leg. Here I am expecting a pullback to revisit close to 50% on the Fibonacci retracement. Also on the lower timeframe, MASK follows a double tops formation.