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LONG BTCUSD Bullish Upside (5th Wave Before ABC Correction)Looks like the 4th wave is complete and we are taking off with the 5th wave starting! According to Elliott Wave theory we are following these rules: When Wave 3 is less than 1.62, the 5th Wave overextends itself. From research, the ratio of Wave 5 will be based on the entire length from the beginning of Wave 1 to the top of Wave 3. Now we have 3 possible outcomes for our target areas according to the Elliot Wave theory because our 3rd wave did not extend: ~81K because Extended Wave 5 = either 0.62 x length (beginning of Wave 1 to top of Wave 3) OR ~95K because Extended Wave 5 = length of (beginning of Wave 1 to top of Wave 3) OR ~118K because Extended Wave 5 = 1.62 x length of (beginning of Wave 1 to top of Wave 3) So in the chart you can see our fib is equal to the length of 0–3. It is a projection from the end of Wave 4, meaning we added 0-3 to the end of wave 4. After the 5th wave completes we can expect a bigger ABC correction. Be very careful buying at 80K+ after completion of wave 5. It might cost you a lot. Our guess for now: The upcoming 5th wave will probably result in huge explosion in the NFT space, legit Crypto Gaming coins, DEFI and everything related to Metaverse. HAPPY TRADING!
Long
by Traderfriends
3
$CHR/BTC 3D (Binance Spot) Falling wedge near breakoutChromia is holding above 100EMA support and looks ready for another bull-run! More information about that NFT patform, also a DeFi / BSC token on chromia.com Current Price= 0.00000592 Buy Entry= 0.00000590 - 0.00000536 Take Profit= 0.00000785 | 0.00000946 | 0.00001129 Stop Loss= 0.00000452 Risk/Reward= 1:2 | 1:3.45 | 1:5.1 Expected Profit= +39.43% | +68.03% | +100.53% Possible Loss= -19.72% Fib. Retracement= 0.382 | 0.618 | 0.883 Margin Leverage= 1x Estimated Gain-time= 5 months
Long
by TradingOn
$SANDUSDT The Sandbox Target PTs 4-5.50-8.50 and higherThe Sandbox Coin Price & Market Data The Sandbox price today is $2.59 with a 24-hour trading volume of $7,991,211,061. SAND price is up 55.3% in the last 24 hours. It has a circulating supply of 890 Million SAND coins and a total supply of 3 Billion. If you are looking to buy or sell The Sandbox, Upbit is currently the most active exchange. Sandbox is a token that is related to the metaverse, NFT, and gaming categories. What exchange is Sandbox on? Traders can buy or sell Sandbox (SAND) on top crypto exchanges such as Binance, Crypto.com, Kraken, Uniswap, and FTX. What is Sandbox? Sandbox is a decentralized community owned virtual world. Creators can host custom games and events on the virtual world. Analysts like to compare Sandbox with Roblox due to their similarity in concepts. However the key difference with Sandbox is that players have true ownership of the virtual world assets in the form of NFTs. By doing so, players and creators will be able to participate in the economy by assets trading and earning through tokens, making Sandbox also a considered a play to earn game.
Long
by BADQOMOCAWGOWLD
4
Potential Metaverse gemMetaverse projects are going parabolic this weekens with the announcement of the Facebook rebrandind structure. Theres about 3 billion monthly Facebook users, with only a fraction of these rasping the possibilities of the metaverse. With parabolic rises and still low amount of metaverse interaction i see a huge potential in this crypto sector. I see a HUGE opportunity if this retraces down to meet the POC, or the support level below. Other than that a breakout trade should also be primed.
TLong
by PatrickTraderr
1
Decentraland Token (MANA) Show berish corrections Decentraland token, (MANA)Had a price surged to a very substantial 44% in the past 24hrs showing an almost 50% which would mean a ½ increase of the total token price. And after such a wonderful day for the decentraland investors it seems they are rallying up for a potential sell off, as indicated by the "bearish diversion" spotted in the 1hr time frame against the USDT fiat coin on the "RSI indicator" and a declining trading volume which shows potential weakness in the current uptrend, so its like ly for MANA to see a slightly little or probably huge correction in the coming days. Though the Fibonacci retracement tool (not drawn up in the post) that their is slightly high chance of a continued uptrend if the correction don't GI below key resistance levels
by Jezzz_
MASk USDTMask Network is flashing some bullish signals! We have a descending wedge formation that has confirmed breakout. We must now see follow through with confirmed volume to increase chances of this being a new bull run! Secondly we can also see a massive cup and handle formation that suggest a projected price of MASK Network to reach up to 30$+ target! As of now, due to the a falling wedge breakout, i am leaning bullish and also firmly believe MASK trades at 20$ in the near future. Please note this is not financial advice and i am not a financial advisor. Trade at your own risk.
Long
by Oroboros-
NFTs and Private Clubs for SHIB - Social Spaces for Crypto CoinsWhat’s fueling the rise of SHIB? There’s some evidence that they’re engaged in a marketing blitz right now, which is fueling the dramatic price increase we’ve been seeing in the last few days. Will it last, though, is the question. (Video version below, btw.) I took a dive into Shiba Token’s websites and announcements, looking for something resembling an actual product. Their NFT-based “social club” was the closest thing I could find -- basically using a SHIB-based NFT as a “ticket” of admission to their own “private clubs”. (Hence the fancy top hat and suit -- and developing a smoking habit too, apparently, lol.) Crypto Apes and a few other NFT projects out there have done similar things, with much success -- people seem to like hanging out with like-minded folks, apparently. shiboshis.shibaswap.com Regardless of what you think of the project itself, I do think that the fact that even SHIB is getting into the “NFT as a social signal” market shows that this is probably where crypto will be moving towards in the near future. It’s often not about the NFT itself (NFT of a rock? Who cares?) but what the act of buying something signals to the rest of the world (I am someone with an ironic sense of humor -- let’s hang out!). Best not to take this market too literally, imo. So, what does this mean for projects like Dogecoin, who’s probably feeling the pressure right now? One thing DOGE fans don’t like to talk about is the fact that their coin’s main selling point (stable, useful) actually runs counter to the idea of their coin “mooning”, making everyone rich. It doesn’t seem like they’ve come to terms with that, yet. But they do have the advantage of having a strong community backing with real developer support, so the upcoming DOGE-ETH bridge and DOGE-based meme-NFT markets could be their saving grace. In my opinion, what will “save” DOGE from falling into obscurity is the community support behind DOGE-minted NFTs, which will be very tough for other coins to compete with since the energy behind it won’t even be close. But the way for DOGE fans to get rich off of this stuff would be through the NFT market, not the coin itself. SHIB itself is pretty clear that it's a coin made for speculation -- whereas DOGE has taken the nobler route of making a coin that might actually be useful for people to use. You can't have it both ways, though, and we're going to see this dynamic play out internally as the two coins start to compete with each other.
COINBASE:SHIBUSD
by RyanTanaka
3
NFTs and Private Clubs for SHIB - Social Spaces for Crypto CoinsWhat’s fueling the rise of SHIB? There’s some evidence that they’re engaged in a marketing blitz right now, which is fueling the dramatic price increase we’ve been seeing in the last few days. Will it last, though, is the question. (Video version below, btw.) I took a dive into Shiba Token’s websites and announcements, looking for something resembling an actual product. Their NFT-based “social club” was the closest thing I could find -- basically using a SHIB-based NFT as a “ticket” of admission to their own “private clubs”. (Hence the fancy top hat and suit -- and developing a smoking habit too, apparently, lol.) Crypto Apes and a few other NFT projects out there have done similar things, with much success -- people seem to like hanging out with like-minded folks, apparently. shiboshis.shibaswap.com Regardless of what you think of the project itself, I do think that the fact that even SHIB is getting into the “NFT as a social signal” market shows that this is probably where crypto will be moving towards in the near future. It’s often not about the NFT itself (NFT of a rock? Who cares?) but what the act of buying something signals to the rest of the world (I am someone with an ironic sense of humor -- let’s hang out!). Best not to take this market too literally, imo. So, what does this mean for projects like Dogecoin, who’s probably feeling the pressure right now? One thing DOGE fans don’t like to talk about is the fact that their coin’s main selling point (stable, useful) actually runs counter to the idea of their coin “mooning”, making everyone rich. It doesn’t seem like they’ve come to terms with that, yet. But they do have the advantage of having a strong community backing with real developer support, so the upcoming DOGE-ETH bridge and DOGE-based meme-NFT markets could be their saving grace. In my opinion, what will “save” DOGE from falling into obscurity is the community support behind DOGE-minted NFTs, which will be very tough for other coins to compete with since the energy behind it won’t even be close. But the way for DOGE fans to get rich off of this stuff would be through the NFT market, not the coin itself. SHIB itself is pretty clear that it's a coin made for speculation -- whereas DOGE has taken the nobler route of making a coin that might actually be useful for people to use. You can't have it both ways, though, and we're going to see this dynamic play out internally as the two coins start to compete with each other.
COINBASE:SHIBUSDLong
by RyanTanaka