Metaverse
$RBLX earnings today 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team purchased shares of online video game company Roblox Corp $RBLX at $30.72 on 5/5/22. Our first take profit was originally set at $43 per share.
Today my team has averaged down on $RBLX at $22.25 per share. This brings our average down to $26.48. We do not think that $43 per share will be reached anytime soon, and so to be on the safe side we have established a new take profit at $32. This would be a 20.8% increase from our average.
First entry: $30.72
2nd entry: $22.25
Take profit: $32
Earnings are to be reported today after hours. We aren't expecting much, but we are willing to hold this one out long-term until it reaches our take profit.
Good luck to all today!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Revomon - VR & Mobile Next Generation Monster catch MetaverseRevomon is probably one of the first promising, partly centralized partly decentralized games, based on both VR and mobile, which allows users to tame monsters and evolve them and fight other players. The game is still mostly in its early stages, however, despite being an alpha access, the game is already playable on virtualreality and mobile with various futures, such as converting collected monsters into NFTs and burning them for rewards, a clan system, a ingame marketplace, and the possibility to fight both, NPCs and other players, future planes, as well as refactoring the clan system, include an open world (with NFT lands), quests, other achievements, new revomon (= revolution monsters) and more marvelous game content will be worked on in the coming months, coupled with more ways to give users the opportunity to earn something on the side while they play.... (play2earn features)
The chart currently looks kinda boring, like most crypto projects it got and still get hit hard by high emission and btc overall drop, altough the team is well funded for next 1 1/2 years and have wide options to collect more funds to keep this promising project alive. I expect to see a market recovery until end of year, with Revomon being a full game, the best candidate to grow with the market again and getting the reputation and awareness its deserves. Buying small batches, via DCA, could lead to a good exposure long term with an acceptable Risk / Reward ratio. The token is oversold in various timeframes, but holding timely better than other metaverse games.
This is not a recommendation to buy or sell Revomon tokens. Do always your own research and never invest more than you can afford to lose
BITCOIN 12H TA : 05.18.22 (Update)As you can see, the price is still in the decision range (Trading Range or Sideway Zone) and the buyers did not have enough power to break this resistance, and this can pave the way for more sellers to enter the short positions . Significant support range is from $ 26,800 to $ 29,300, and significant resistance range is from $ 31030 to $ 32700.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.18.2022
⚠️(DYOR)
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ZKTUSDT hidden gem on Layer 2. Major updates are here!Fundamental Analysis #ZKTUSDT
zkTube has Rebranded to ZKTMETA :
Key Takeaways
By merging its metaverse operation systems with its industry-leading Layer-2 network, ZKTMETA is turning the dream of a rich metaverse into the average consumer’s reality
The project is all set to facilitate metaverse games with the sophistication of epic proportions thanks to the raw power, affordability, and security of its Layer-2 network
At the same time, it’s empowering creators by laying the groundwork for them with the metaverse operation system. This will undoubtedly accelerate the pace of innovation as more and more creators bring their diverse imaginations to the table
The potential of ZKTMETA is already being realized in the form of its first metaverse game known as MetaTube.
1.Building a Metaverse Operation System on Layer 2
2.Why Layer-2 is the Right Choice ?
3.The Future of Metaverse is Here
4.The First Metaverse Game on ZKTMETA
Checkout their official twitter updates @zkTubeOfficial
Technical Analysis
1.Breakout from 13-21-55 EMA and retesting the level and show's perfect time to enter.
2.Breakout from descending triangle and retesting shows momentum .
3. Etherscan shows major coin holder's are accumulating in dip.
#ZKTMETA #ZKTUSDT #metaverse #blockchain
Utility and Resilience: MANA Bounces BackBear markets are often when long-term traders make their big moves - assets that seem to stabilize or even do well (MANA, MKR in the last few days) often show that a project has dedicated supporters and some legs to stand on during the "tough times". It's easy to make money during bull runs, but it's the projects that survive during bear markets that often lead to long-term growth.
in the beginning of the 2nd wavecrab harmonic pattern:
X=$134.44
A=$0.06
AB=0.61 XA
BC=0.38 AB
0.78 BC=$4.8
0.88 BC=$5.7
1.13 BC=$8.96
1.41 BC=$14.9
1.6 BC=$21.72
0.78 XA=$25.87
2 BC=$43.41
0.88 XA=$55.88
2.24 BC=$67
2.6 BC=$133
1.13 XA=$365
3.6 BC=$816
1.27 XA=$1091
4.23 BC=$2502
1.41 XA=$3159
1.6 XA=$15672
PREPARING FOR A MANA LONG Looking at the MANA/USDT pair today, Lets get it!
Chart above us shows that we have a first wave extension impulse in play. As shown by the first fibonacci tool, we found support at the .382 region marking the end of wave 2 and made new ath's at the 1.5 fib region(just under the 1.618) for a wave 3 top before clearly getting rejected as shown by the 2nd fibonacci retracement tool.
Currently still in the correction phase of wave 4, MANA seems to be baiting everyone into buying and longing here, however the chart below shows us with the angles presented that this isnt the bottom and that we will most likely still go to the bottom of the ascending channel before getting a reversal for our wave 5 impulse
Once we confirm our Wave 4 bottom, target for our wave 5 will be the touch of the channel resistance once more and should be inline with either the 1.9 or 2.0 fib resistance, leaving us with a price target in the range of $15-20 depending on how early we can achieve that.
If you agree with this idea, leave a like and share your thoughts in the comments
Feedback is always appreciated.
Meta Finds Support at Fibonacci LevelIt appears that Meta has found support on the weekly chart at the same fibonacci level as in 2018 and 2020. The monthly Ichimoku Cloud is also supporting this same level. Prices appear to be consolidating. Looks like a good entry for a long term investment strategy. Please share your thoughts below!
5/11/22 FBMeta Platforms, Inc. ( NASDAQ:FB )
Sector: Technology Services (Internet Software/Services)
Market Capitalization: $534.943B
Current Price: $197.65
Breakdown price: $194.40
Sell Zone (Top/Bottom Range): $192.65-$205.65
Price Target: $187.40-$182.00 (1st), $149.20-$147.00 (2nd)
Estimated Duration to Target: 16-17d (1st), 80-85d (2nd)
Contract of Interest: $FB 5/27/22 200p, $FB 7/15/22 200p
Trade price as of publish date: $10.85/contract, $17.40/contract
Nvidia great potencial BUY ZONE in the next futureNvidia: 1W
Some data before arriving at the Support and entry point.
1) Split last summer
2) China will soon ban all non-Chinese softwares in their state-owned companies.
NVIDIA is one of the best companies on all Wall Street with a very important future and a market capitalization of around $ 0.5T.
Currently, the price has dropped 50% to its all-time high of $ 350.
Where the Market Cap was $ 1T.
Big profit taking finds:
2 maximum decreasing between:
1) $ 315
2) $ 280
The breaking of the SUPPORTS a
1) $ 230
2) $ 210
3) $ 188 on the yellow average (100 EMA).
However, we have a MAXIMUM SUPPORT in the price range of $ 155 - $ 138.
Where we find the average 200 (Blue line) and a series of highs that lasted like one year. (31 August 2020 - 24 May 2021)
Buy when it is low and sell when it is high.
In the price rotation we will undertake to evaluate massive buy orders, obviously depending on the situation of all Wall Street indices in general.
For info write to us in private
LPI.sa
Matterport Going Down to Zero in the Coming WeeksOk so Zero is a bit of an exaggeration but it is on track to breaking down to a minimum of 4 dollars and 77 cents (aka the 1.618 Fibonacci extension) if it breaks the support of $10.50 and the likelihood of support holding here is very small.
I would stay far away from buying this stock as it's just not worth it to me.
WHERE IS THE BOTTOM FOR ENJ? - ENJIN COIN ANALYSISIn our last enj analysis we talked about how price needed to reach at least the 61.8 retracement level of correction wave B as shown below
Now that we have reached and bounced from the 61.8 level, what comes next?
It appears our currect wave C has created a falling wedge pattern, which could soon be confirmed as a Running flat pattern 3-3-5 correction if we get another leg down.
Levels to watch out for buying are the 76.4, 85.4 & 90.0 fib regions. Have some orders at the 100% retracement level too(0.735) but i'm doubtfull of it.
Global View:
Should the above scenario play out, We will have ourselves targets ranging from $10-25
1st Target- Previous ATH
2nd Target- $10-13(1.382)
3rd Target- $17-25 (1.5-1.618)
If you agree, pls like and share your thoughts in the comments.
Always manage your risks.
MANA MACRO ANALYSIS - (DECENTRALAND)Happy New Month Everyone.
We will be looking at MANA/USDT today.
In our past analysis we managed to predict the drop on mana and identified areas to get into a long position, however price missed by a few digits (need to learn to market buy more often). Today we will have another go at longing mana.
As you know the last analysis was based off the First Wave Extension Theory which still remains the same. You can read up on the previous analysis for more details:
Current Analysis:
Not much to explain really. Judging by the chart above, we can expect price to make new ath's this year around early July to September depending on how Bitcoin & Ethereum behave in weeks to come.
Longest duration for price to peak was the 1st wave which having the highest %growth makes sense, followed by a correction of -77%.
Wave 3&4 have had similar timeframes to conclude their tops and bottoms, as well as -70%+ corrections, so we can expect the same for wave 5.
PS: I was expecting a drop to the 1.6 region in January with 1.3 being the worst case scenario, try and keep that in mind and remain on guard. Other than that, I'm happy to average in at these prices.
If you agree pls leave a like and share your views as well in the comments.
Feedback is always appreciated.
APECOIN, FROM NORTH WITH A MASSIVE FALL TO SOUTHAPECOIN has ran out of the steroid that took it to the north by BULLS.
This asset rallied up from around $11 and it is now back to about $11.
Looking at the descending channel on my analysis, I feel APECOIN will drop to $11 once again and the circle will then complete.
QUESTIONS:
1. Will $11 be the support level to prevent this asset from falling further?
2. Will it reverse after hitting the support TL of the channel?
3. Is the fall over?
KINDLY:
Share your thought, comment and PLS KINDLY LIKE AND FOLLOW.
GALA may retest bottom@0.1206; see the next resistancesGALA already reached retracement to FIBO 1.618 level. However it may still make a double bottom first before attacking the green resistance zone. Reclaiming this will still encounter the big yellow resistance zone where the VWAPs are located.
Sell zone will be the red zone. See chart.
Not trading advice