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
PYR vulcanversethis is a promising project as the ATH ar well over 10x and they have built alot since that time with all that aside the charts show us that 5.19 is a signifigant area everytime the market was in an uptrend last year aug and nov First though we need to break 4.00 and leave it behind there are some other rough patches along the way i have marked them 4.29 and 4.70 If you have any input on pyr news or partnerships please share here or on twitter.
Thanks for all the trades $MATIC! Was great last few monthsI like $MATIC, A LOT
It should keep pumping BUT we moved the funds elsewhere
Wasn't done today. This was done close to $1 about a week ago, posted elsewhere
While #MATICUSDT has done well, 10%, the money has performed better elsewhere
You were great old friend, the best during the bear and last few months but looking for more BETA
#metaverse #crypto #NFT
$RNDR broke through hard! Giving us a 3X!$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
$NAKA $CUBE $SUKU $GALA all HUGE movers, called them early JanPosted this elsewhere, DOCUMENTED
To #hodl any of these from late DEC/Early Jan = GOOD!!!!!!!!
Each has pumped nicely
$CUBE 2x
$NAKA 3x
$SUKU 2X
$GALA 3x
Some look to be losing steam, it's expected
Many #Altcoin are beginning to look a lil tired
Consolidation or something else?
#p2e #metaverse #nft #crypto
Did some shopping on this dip $LINK $FARM $ALICE $JASMYDid some #crypto shopping on this dip, had cash from recent sells, still have $
Buying things that haven't moved as much or are likely in process of moving bigger
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
Although #FARM does move, may reconsider
$RNDER us a 2x. See what I did there?Will take more off at read line & likely leave 1/4 original position
$RNDR
Will be lil more than 2x
#p2e #RNDR #metaverse #crypto #nft
$CEEK call wasn't expected THIS FASTLiterally posted yesterday but couldn't do it here, documented though
$CEEK is a liked project but have been out of it, except trailer position
Did move decently from bottom & seems 2b setting up but not ready yet, soon
When this pumps it's multi x's
Potential 10xer
#metaverse #nft #p2e #crypto #CEEk #CeekVR
TODAY!!!!!!!!!!!!!
I said SETTING UP! NOT THIS FAST! 🤣
#CEEK $CEEK
Volume coming in
RSI is nice, overbought but if we're in BULL it's okay
This could be position to build on pullbacks
#p2e #metaverse #p2e #crypto #ceekvr
$SFUND slowly turning into a SERIOUS CryptoMust look into $SFUND lil more seriously
#Seedify can PUMP HARD & with Fully diluted getting better = LESS SELLING if it PUMPS
Prefer 50% and it's not there yet but getting closer
Market Cap
$45,619,473
Fully Diluted Market Cap
$97,167,045
It's @ tough area
Will know soon if this is done selling off
#p2e #metaverse #NFT #crypto
META The worst is history! 6 straight green weeks.Our update on The Meta Platforms (META) on the 1W time-frame.
What stands out is that the stock has completed six (6) straight weekly candles, for the first time since March 2017! This is one of the strongest bullish sequences in its history and while at it, it has established 2 weeks above the 1D MA100 (green trend-line) for the first time since its September 2021 All Time High!
The short-term target is the 1W MA50 (blue trend-line), which is within the technical target of the Inverse Head and Shoulders (IH&S) that we can argue formed the October 2022 market bottom. With the RSI hitting the top of a Higher Highs trend-line that started on March 28 2022, it is possible to see a minor pull-back now to test the 1D MA50 (red trend-line) as a Support, but that will be the best long-term buy opportunity before we hit the 1W MA50.
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$MATIC position being closedClosed $MATIC position entirely before
If wrong, it's okay, am sure other #crypto coins will pump more if this keeps pumping
Not liking RSI atm
If it sells off decently will rebuy, again
#p2e #metaverse #nft
$PLA, like many others, forming bottoming patterns, EARLY stillA ton of #Crypto charts look the same
Many have increase in volume & the infamous Inverse Head & Shoulder pattern
$PLA #p2e #metaverse #nft #samsung