Nft
$XTZ/USDT 4h (Binance Futures) Descending channel breakoutTezos regained 100EMA and this time it seems ready to resume the up-trend for good!
Working with a PoS consensus algorithm, this is one of the fastest growing ecosystem for NFT, DeFi / BSC and Gaming, more info on tezos.com
Current Price= 6.722
Buy Entry = 6.685 - 6.453
Take Profit= 7.499 | 8.609 | 9.725
Stop Loss= 5.947
Risk/Reward= 1:1.5 | 1:3.28 | 1:5.07
Expected Profit= +28.32% | +62.10% | +96.08%
Possible Loss= -18.94%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Altura (ALU) token dropped 50%Altura (ALU) token dropped 50% and is bouncing on its 20-period moving average.
As for me, I'm starting to accumulate positions again. I have a long-term bullish view for the NFT market.
I don't enter full position because it is very volatile, but I like it as an entry point.
Altura is a place where game developers can make and sell in-game items. These in-game items are called "NFTs" or Non-Fungible Tokens.
They have properties that can change if specific conditions happen, like when the player levels up.
Smart NFTs are made for people who want to trade their in-game items with others online, and they offer many opportunities that you cannot get with traditional NFTs.
Disclaimer
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This article is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other form of advice.
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You understand that by reading any and all information on or through this post, you are doing so at your own risk.
The trading of cryptocurrencies, Tokens and NFTs has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.
LRCUSD Ready for next Breakout early Nov 10thLRCUSD originally spiked to $2.50. Then posted a strong bullish pennant where it consolidated and volume diminished. This lead to a very strong surge up parallel channels all the way to test $3.00 resistance. It has currently tested $3.00 resistance several times and appears to be consolidating down a similar pennant pattern.
Prediction: Price breakout to re-test and surpass $3.00 by early AM Nov. 10th.
To recap: LRC is a 2nd layer Etherium rollup coin used to speed up transactions off the blockchain. The hype surrounding this coin is that it will be used in a future NFT marketplace by Gamestop of all companies. Buy the rumor, sell the news. IMO now is potentially a good time to get in before bigger news hits and this heads towards a $5.00 in the next year.
Saitama Looks Very BullishPossible opportunity for entry! We are 4 days away from the Saitamask Event in Vegas and the price is consolidating steady! If you are on the fence of investing into Saiatama there is a small window of opportunity presenting itself before price moves to its next price zone in the coming week or so! There are now 191,000 account holders at the time of this post! We are expecting 200k holders before the event on Nov 13th! There will be several surprises being revealed about the future of this Crypto currency that will generate excitement and more investors into the Wolf pack Community! I hope this information is helpful and I wish the best to you all!
Strong uptrend momentum after the Polkacity video demo launchThe Polkacity project is a Metaverse-related initiative that was just launched. It's a virtual metropolis where users can engage, perform activities, and purchase goods using NFTs.
On October 30th, the game's first video was published to YouTube. Despite retracing it, the token linked to the game Polkacity (POLC) has continued to rise.
The POLC coin is used to purchase NFTs within the Polkacity metaverse ecosystem.
MANA / USDT. Updated chart Falling Wedge spotted on 4h frameMy last chart on MANA / USDT was invalidated as the ranging pattern continued or perhaps a slight downward price movement occurred. This is an updated analysis on MANA / USDT based on the 4h time frame, with a spotted falling wedge.
Is MANA / USDT (Decentraland) overvalued at its current state, or are we merely seeing a retraction before an upwards price continuation?
In case of upside continuation; If the triangle breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit idea:
TG1 - 3.5$
TG2 - 4.19$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
CHILIZ is the next BIG thing. 🔥🔥 5000% True or Laughable?This is the 2nd time I would be updating my followers on CHZ .
6 Weekly chart shows institutional buyers are already entering this space. By the time it starts moving, you won't be able to find entry (This is a coin that does 50%-100% in a single day back to back when it's Testosterones are charged) . I strongly see this instrument taking off between now and mid-December 2021.
A lot is going on in the META NFT space. Also considering the fact that CHZ is in a monopoly space and real capitalize Sport events (football clubs, basket ball, UFC...) unlike others which are just Meme-video games which we cannot guarantee they would stand the test of time.
See Weekly chart confirming what we are saying:
19 daily chart:
Monthly chart:
Conclusion: I have bought this like a drunken sailor and I am patiently waiting.. Total market cap chart (refer to previous analysis) shows we are in for a long bull market. So no need to worry about -3% or -5% down day. Strategy is buy ang go to sleep. I manage my regular business and wait for day of harvest.
This is a 5000% potential growth I see here 🚀
Do you own research before making a decision.
Remember to Like, Share and Follow for more interesting analysis.
APENFT need more dip#NFTUSDT
$NFT broke down from 0.618 fib level of last swing high, so next support is 0.786 fib level that is the same with ascending support line.
if price hold this support and head up it can touch resistance zone between 4560 and 4950. a break out from this resistance can lead price toward 7600.
but if price break down from current support it will drop to 3200.
4 hr Fib structure on $OXT looks v nice here for the next movefibs reading bounce and guppy readying buy, this time could be it LFG $2-3
LRC Looks prime to test previous ATH ($2.51)Good afternoon traders!
Just a little bit of fibonacci levels here, LRC is currently presenting a potential bull flag following the breakout of the falling wedge. Stop loss is set just a few percent below the 0 level, with my average entry at 1.073.
A solid entry point seems to be a close on the 15m above this current fib level, with adequate volume and momentum. Looking to see Loopring push up to it's previous ATH being $2.51 with the GameStop NFT marketplace news expected to drop shortly. I currently don't have any targets if/when we break ATH, I want to see how it plays out.
Good luck traders!