Masknetwork
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.
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.
MASKUSDT - SETUPMASKUSDT price held the support perfectly, Now bulls are trying in the last 4 hours to show some resilience. But some strong upside resistance can act again. So better to wait for a little to do some retracement or if the price breaks the falling trendline then there will be a good area to buy. Trade Accordingly.
🆓Mask Network (MASK) Jun-08 #MASK $MASK
The buying force is continuously being pushed into MASK in the past few days, this could be a sign that MASK will increase strongly in the coming days. The price targets that we should pay attention to are the $2, $2.4, $2.8, and $3.4 zones.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.7$ zone
🔴Buy : 1.7
🔴Sell : 2 - 2.4 - 2.8 - 3.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.7$ zone
🔵Sell : 1.7
🔵Buy : 1.5 - 1.3
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
# MASK/USDT 1300% POTENTIAL RALLY UPCOMING !Hello, members welcome to MASK/USDT 1D chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
As we can see at the above mentioned chart that MASK/USDT is currently trading inside a parallel channel pattern on its bottom level which is $1.8 price level.
Here we can take entry for spot holding and generate some good amount of profit almost 1300% if we consider the top.
Entry:- $1.570,$1.775
Traget:- 1300%
Stoploss:- $1.255
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
$MASK/USDT 4h (#BinanceFutures) Rising wedge breakdown & retestMask Network got rejected on 100EMA resistance and seems likely to continue with the downtrend until it regains it.
mask.io
If you are not used to operate bearish set-up, you can use the targets to buy in Spot instead
Current Price= 5.996
Sell Entry= 6.069 - 6.488
Take Profit= 5.054 | 4.316 | 3.677
Stop Loss= 7.261
Risk/Reward= 1:1.25 | 1:2 | 1:2.65
Expected Profit= +19.50% | +31.25% | +41.43%
Possible Loss= -15.66%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Contracts:
#ERC20 0x69af81e73a73b40adf4f3d4223cd9b1ece623074
#BEP20 0x2ed9a5c8c13b93955103b9a7c167b67ef4d568a3
#Polygon 0x2b9e7ccdf0f4e5b24757c1e1a80e311e34cb10c7
MASK smaller targetsa few Smaller Targets i have on mask. this is definitely a tougher one to chart compare to allot of these coins out here. but we shall see how this one plays out for now, this coin is pretty damn strong against bitcoin at the moment so 👍
Stoploss: between 11-12 for more conservative or you can put it at 9.5