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.
Metaverse
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
How Developing Countries Predicted the Rise of the MetaverseThe market is down right now but these are also good times to take a look at what might be the "next big thing".
Had you got into the metaverse a year ago, you will most likely be up right now. Otherwise, you're probably in the red. (Yes, even Bitcoin and Ethereum.) The metaverse is this year's clear winner in terms of performance, and it's not too surprising that a lot of big name brands have decided to try to get in on it, too.
A lot of people claim that Zuckerberg's "Meta" was what sparked the metaverse craze, but if you look at AXS's chart it's pretty clear that the coin was climbing way before the media gave the idea any attention. A lot of innovations and early-adoption activities happen in lesser-known (often non-English speaking and developing) countries before making its way into the "mainstream", so to speak. Predicting long-term trends is not magic - you just need to know where to look.
BACK last support or double bottom#BAKE/USDT
$BACK is at lowest support zone and below the middle line of descending parallel channel.
🐻 if price break down from this support zone, the last support can be around $0.127.
🐮 holding this support can shape double bottom pattern and price can increase to resistance zone around $2.
$RBLX buying the dip 👁🗨*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*
My team purchased shares of online video game company Roblox Corp $RBLX at $30.72 today. Our first take profit is set at $43.
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METAHERO UNDERVALUED IN MY OPINION, BUY AND HODL!!!$HERO is very cheap now, $HERO is 88% down since ATH!!
Of course price will keep doing bad if crypto market and $BTC drops hard... Anyway, Metahero is a real project with an awesome Team, Devs and CEO Rob Gryn!
They are doing very well as business and developing ideas for the future #METAVERSE
Please dont miss $HERO for long term, it has alot of potential and it is undervalued my friend, remember that PRO Investors keep accumulating cheap and doing DCA.
This is a real crypto project for long term, I really believe in ROB GRYN and METAHERO!! LET'S SEE WHAT HAPPEN NEXT YEARS!!! BULLISH
ALWAYS #DYOR ...
metahero.io
twitter.com
BITCOIN 4H & Weekly TA : 04.30.22The price is in a significant support range, but the closer we get to the closing of the monthly candle , the more likely the sellers are to take power, And if $ 37,700 support is lost, we can expect a drop to $ 33,000 to $ 36,600 as the FIRST TARGET .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.30.2022
⚠️(DYOR)
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Ape Coin going APE!!!Ape coin has been around for about a month and a half but Bored Ape Yacht Club and Mutant Apes have been around for over a year, but some how APE COIN has amassed a 6.3 billion market cap to become the largest metaverse coin, surpassing the likes of SAND, MANA and AXS. Why do you think it is? Well my opinion is simple, currently the floor price for these NFT's is around $304,000 dollars at the time of writing, so the majority of people can't afford a BAYC NFT so the next best thing is to jump on APE COIN. For the past month and a half people have been flocking to APE COIN to be part of this proven community, but also rumors that have been proven to be facts about a metaverse called "The Otherside Meta" have driven the price up due to the fact that April 30th there is going to be a land auction and APE COIN is going to be the currency for purchase (plus ETH gas fees).
Lets not forget about Yuga Labs, the creators behind all this, it seems everything they touch turns to gold and I think The Otherside metaverse won't be the exception. Yuga Labs has done a great job of marketing and rewarding there NFT holders, which got airdrops (free APE COIN) for just owning the NFT's. The future success of APE COIN will depend on the utility it will have inside The Otherside metaverse and the community behind APE COIN and there NFT's.
Price will likely go up until the day of the land auction, when I suspect there is going to be a huge APE COIN sell off, but I think price will break the $30 dollar mark, maybe $40 but I find it highly unlikely due to the fact that APE COIN has been oversold for a while now and bulls are losing buying power. But this is Crypto and you never know what will happen(DOGE and SHIB hahaha)
My strategy will be sell some APE when hits $30 and leave some to see if it reaches higher and then sell some more. Once price retraces after the land auction to about the $14 to $15 level I will re enter.
Remember always take profits, you will never go broke taking profits.
If you like this idea or you disagree with it please like and comment, I would like to read your opinions.