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Metaverse

Bottom formed?Sharing some ideas about StarAtlas DAO POLIS. Although you should never work against the trend, there are first signs of a bottom that could be forming as of this moment. We can clearly see the descending channel from the december crash BUT we can also see a breakout into a horizontal channel that is persisting now for almost 2 weeks. It might indicate a price area too low for initial investors to dump and possibly loading up more. The project has very strong fundamentals and keeps the community busy with a fast development pace. There are also rumors about major CEX listings at Binance & Coinbase, which doesn't seem off looking at the recent Kraken listing and high volumes. The future is bright for #staratlas & #polis. Feel free to share your views on this young metaverse project
FTX:POLISUSDLong
by JuStHodlson
THETA: Metaverse is sill alive!Hello guys. Hope you are having a nice day. Today I have decided to perform an analysis of THETA. Technically, THETA is in a descending wedge in the weekly timeframe, which is USUALLY a bullish sign. The ceiling and floor of the wedge are reliable factors as they have determined the price behavior in a significant fashion in the past. Critical levels are designated in red. One of the major factors that stands out when the chart pops up is the steady volume throughout the last year. The reason why I have chosen MA60 is the fact that the price has been remarkably reactive to it recently. As a trader, I always strive to find the indicators that match the price behavior of an asset. I know MA60 is not a common unit; however, I find it significant due to the reason I just laid out. What I see for THETA is the way up. Not that it is the only possibility, but I think it is highly probable. I always remind myself that nothing is guaranteed, and every decision must follow confirmations. The price may end up below the descending wedge and explore new lower lows, but do I find it likely? TBH, No! However, I have plans set for doomsday as well. You might ask, "Will the price reach a new ATH?" I don't have the answer to that unless I see price behavior near 12. Fundamentally, I find a lot of promise in the project and how it has put itself on the map. Please push the like button if you find the idea of value. If not, I look forward to your helpful comments.
Long
by Djawad_Afsharirad
4
#ALICEUSDT,ALICE bottomed outAfter most Metaverse project hype to the top, expectations rise, but projects still in the development phase so mostly all Metaverse projects lose the attention of investors. beside BTC drop heavily and large volume drop out from crypto. however if BTC and ETH show enough strength, liquidity might back to projects which once be on the center of attentions. Alice gain enough momentum and reach the lowest level of RSI and potentially could break through it's down trend. the best price for entry is the point that ALICE break the down trend(yellow line) then pullback to the line and start a uptrend. 5.67$ and 4.07 are the supports.
Long
by behzadjl
Finally, right?I always stress patience, but geez, we've been looking at these numbers...waiting for weeks. Chart is pretty much the same. I'm watching to see if BTC hits $45k, and what it does when it gets there. I anticipate a sell-off to some degree. You can see the ascending ORANGE channel has potentially run its course, giving way to its mother in BLUE. However, MANA may be simply gathering more support to break through this resistance on its way to $3.64. Therefore, I am watching to see what happens (soon) as to whether it will continue correcting or break higher of the small symmetrical triangle. This is where the BLUE circle is. Good luck. This is not financial advice.
BINANCEUS:MANAUSDLong
by keykomg
META PLATFORMS, INC (FB) AnalysisMETA is in a bearish momentum since its last top reached on August 2021, the price was heavily rejected by 40.31%. History shows that META's most significant drops range between 14.48% - 44.01%, which fits the current situation where we reject the price by 40.31%. Moreover, price just reached critical support and dropped back by price 2 years back BUT we have to keep in mind that there is a strong trendline followed by 9 years of price action and we can definitely see a continuation to the downside to test the trendline. The general outlook of META is to the upside since the upcoming META platform and new updates are yet to come. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
NASDAQ:METALong
by NCTrading
2
Wanna get into MANA?Today is a good opportunity to emphasize FOMO. You didn't miss out. $3.14, $3.22, $3.30, $3.43, and $3.64 were/are all targets for this weekend. BTC is flat (slightly in the red), so the higher end of the targets aren't happening. I watched...I hoped...put in my sell for $3.43...missed it and caught $3.3775 after it bounced from $3.32. This leaves me thinking, hoping for my next entries on the way back down. People who FOMO somehow think prices go in straight lines. They never have and never will. I am watching very closely and will trade this all the way down to, hopefully, $2.92...and maybe even $2.81 if I'm lucky. Again, BTC isn't budging. First, I will be watching to see if MANA breaks above $3.33 in the next hour. If it does, I'm right back in for a short bounce that could be fueled by FOMO as people are waking up on the West Coast. That being said, I really don't think this will happen, but if it does, its target is just above $3.43, completing that previous target. What I do expect are bounces all the way down at the levels indicated by TEAL arrows. The rebounding sell prices will be determined based upon whatever short-term resistances are created on the way down. Some assets like ADA and ETH stick really close to Fib. MANA, stays close, but slightly more volatile...and that's why I trade it. I don't have to get the top 2% on a sell or the bottom 2% on the buy...that middle 12%-30% ensures profits and accumulation...and peace of mind, which is priceless. Be careful. Do your own research because this is not financial advice.
BINANCEUS:MANAUSDLong
by keykomg
GALAUSDT 3 Day TimeframeI am a big believer in Gala games, as they are coming out with Play-to-earn crypto games which will be fully launched when the meta verse is released. Price has made a very nice correction & after the consolidation below some bullish momentum has returned to test key resistance at 0.37 ... along with the descending trendline. I am waiting for price to break & close above resistance, to confirm that another strong move to the upside may occur for a new potential higher high as this is still a very early crypto & could see some massive gains in the near future.
by Profound_Ambition
4
MANAUSDT UPDATE Despite the majority of the crypto market higher time frame narrative being bearish, mana along with a number of metaverse gaming tokens are showing Bullish patterns on HTF, and potentially decoupling from BTC due to the "metaverse boom". On the monthly TF price has retraced to the 0.618 and bounced with a strong impulsive move. On the 1D we can see how this impulse has broken above the downtrend and made a new HH. We are going to waiting on lower timeframes for the market to provide us a correction to retest previous resistance as new support and potentially form a new HL and form this nice inverted H/S , if we see correct confirmations according to our strategies inside of the identified zone we could enter potential leveraged long position. Setup invalidated if this zone fails to hold as support.📈
Long
by ITSCRYPTO1
1
Beginning a new rally based on the wave 5Bitcoin has recently broken its trend with a strong daily strong candle. If it stabilizes above the downtrend line (red line), it can temporarily start a new uptrend rally. According to my research, wave 4 correction can end in the form of a triangle that we are currently in D branch. I have shown the future trend of Bitcoin as shown. The following analysis is the result of hours of research, but my attempt has been made to display the chart simply. I am waiting for your comments.
Long
by universmeta
1