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MASKUSDT

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. *** *** 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. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
1
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.
Short
by Lamassu_Trade
5
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 ;) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
25