As a Matter of Fact - Metaverse Is Here To StayThis was a 2021 Bubble Darling, where all the low-tech Boomers were battling hand over fist to put Liquidity in.
Now that its under 1 billion market cap, the additional downside is very minimal... perhaps $2.00
The upside for a reflexive short squeeze is appealing. This company has strong name recognition and an understandable narrative to sell.
$3.10 spot at post look to exit at $5.50 or let it run more
Our identities have no bodies, so, unlike you, we cannot obtain order by physical coercion. We believe that from ethics, enlightened self-interest, and the commonweal, our governance will emerge.
Metaverse
$COVAL off table, nice gain today - other positionsNot sure if posted these
$COVAL ripped today, would have held longer but $BTC weakening, took close to previous peaks in area #NFT #metaverse
In this day 35% is good!
$LOOM lil weak, will take off, tiny loss
$TRU = took TINY stab because of influencer who posted, they spoke highly on it
Not doing that again as will keep to our trading, holding because @ support
$RNDER movement is AMAZING!LET's GO! LOL 5x
$RNDR
#p2e #metavere #nft #crypto
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Previous posts
$RNDR BROKE through red line!
Almost 3x - leaving 1/4 position = ZERO risk
This has more than paid for itself
#p2e #crypto #metaverser #NFT #RNDR #RenderNetwork
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Render us a 2x, tee hee
EDIT
Will take more off @ red line & likely leave 1/4 of the original position
$RNDR
Will be lil more than 2x
Meta to close it's gap?Meta - 30d expiry - We look to Buy at 156.56 (stop at 144.94)
We have a Gap open at 02.02 from 153.12 to 183.38.
Bespoke support is located at 155.
A higher correction is expected.
We look for a temporary move lower.
Remains bullish while above last week's low.
Traded to the highest level in 34 weeks.
Our profit targets will be 184.88 and 189.88
Resistance: 197.16 / 200.00 / 205.50
Support: 180.16 / 170.00 / 155.00
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$ALICE moving nicely POSTED JANUARY 25th
Did some #crypto shopping on this dip, had cash from recent sells, still have
Nibbled tracker position on $JASMY b4 but bought a building position here
Upped cost basis on $ALICE
#p2e #metaverse #NFT
$FARM & $LINK are more for trades (sold link few days later flat - NEED BETA)
Although #FARM does move, may reconsider
TODAY
Another that looks like it's about to break out
$ALICE #p2e #metaverse #nft #crypto
$MKR break out, $FARM not far, $CEEK gettin ready, $MLN soonCopy paste from all this morning
Pls see profile for more info
$MKR breaking out atm
Volume is weak though
#MAKER has done this many times over last few weeks
If not today it should do it soon
$FARM following
(few minutes ago - Volume coming in for $MKR)
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$MLN #enzyme
Has been slowly creeping up
Look @ buy volume, very good
#MKR has treated us well over the last couple years
#defi #Crypto
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$CEEK broke out of the 11 range but has not pumped
Was shocked at the move but had suspicion it wasn't ready, was right (post from a while ago)
Buy volume coming in = good
As you can see, all sorts of RESISTANCE in the 13 area
WHEN this breaks it'll fly
#p2e #crypto #metaverse
META You were warned. This is a V-shaped recovery.Meta Platforms (META) stock is surging through the roof following the encouraging Fed outlook on future rate hikes and Zuckerberg's promises on stock buy-backs, cost cutting and focus on profitability.
We warned META was an excellent buy last month after closing two straight green monthly candles as well as back in November when we advised to buy at the bottom, an article that naturally made the Editor's Pick of TradingView:
Now that our $173 target got hit, which was calculated on the Inverse Head and Shoulders dynamics, we will again look at the even wider picture on the 1M time-frame:
The price has smashed through the 1W MA50 (blue trend-line) and the 0.5 Fibonacci retracement level and the next technical target is the 0.618 Fib, with the 1W MA200 (orange trend-line) right above it. We don't expect that to happen overnight but by the end of Q2 and of course there will be weekly pull-backs to take advantage of and the red 1W RSI overbought zone can really help estimating them as it has been extremely accurate since April 2019.
Then depending on whether or not the Fed pauses on its rate hike policy, we can see an end of the year rally above the 0.786 Fib, which by that time will have set in motion a complete gap fill on the $385 All Time High.
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META Meta Platforms Options Ahead Of EarningsIf you haven`t sold META at $341:
Then I think that META Meta Platforms will announce massive layoffs at the earnings date, which the market loves.
Mark Zuckerberg will continue spending billions on building the Metaverse, but the market won`t care as long as they fire people.
Another reason for a happy earnings ending is the FOMC decision to hike the interest rates by 25bps instead of 50bps (I assume).
Otherwise, META loses more ground against TikTok, which took over the globe.
But Mark Zuckerberg doesn`t care about that, because if TikTok really becomes a threat for META (sorry, for the economy), regulators will declare it a spy app, threatening the US national security.
So eventually META will prevail.
If the authorities won`t intervene to help META, i think the stock should end the year around $120.
All the above considered, looking at the META Meta Platforms options chain ahead of earnings , I would buy the $150 strike price Puts with
2023-2-17 expiration date for about
$7.45 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
$TLM - 4X Potential - Low Cap P2E Alien Worlds is a simulated economy where players compete using NFTs. In the metaverse, economic competition and collaboration are encouraged and promoted between players – which would be done by incentivizing players to compete for the scarce resource, Trilium (TLM).
TLM is required to control competing Decentralized Autonomous Organisations (known as ‘Planet DAOs’) and gain access to further gameplay. Thus, thriving on both incentive and competitive mechanisms, Planet DAOs and players compete for TLM – leading to intense competition and collaboration between stakeholders.
Competitors : $MANA $SAND $AXS
Technicals:
Close above 200D MA &
Flip S/R around 0.025 then it's getting
SENT.
Support Levels - 0.02010 , 0.01665
Next Resistance - 0.028 , 0.041, 0.067
$MANA/USDT 12h (#Bybit) Rising wedge breakdown and retestDecentraland looks locally topped here and seems likely to retrace down to 200MA / ascending TL support.
⚡️⚡️ #MANA/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.3X)
Amount: 6.5%
Current Price:
0.6955
Entry Zone:
0.6975 - 0.7465
Take-Profit Targets:
1) 0.6070
2) 0.5205
3) 0.4340
Stop Targets:
1) 0.8180
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +36.6% | +64.2% | +91.7%
Possible Loss= -30.6%
Estimated Gain-time= 3-4 weeks
Website: decentraland.org