Rare token about to complete bullish Gartley for upto 24.50% movHi dear friends, hope you are well and welcome to another new trade setup of Rare token.
Previously we caught more than 100% pump of RARE as below:
Now on a 4-hr time frame, RARE has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RARE
✴️ SuperRare Looking Bullish After Major ShakeoutThis is a pair we haven't look at before here on TradingView, but we do have some trades on it.
It seems the major shakeout between 8-9 Feb. spook some people but not enough to push prices below EMA100 and EMA50, which is now the main support level for RAREUSDT.
The fact that we are seeing a bounce before reaching these levels is a signal of strength.
Yesterday RAREUSDT moved back above EMA10 and is green today.
This is another good chart setup, tight stop, high targets.
Namaste.
Are NFT Marketplaces a trend today? Which assets to choose? The anticipated release of $BLUR could force traders to reevaluate the NFT marketplace sector and create a wave of growth. In this article, we will gather the main assets from the NFT marketplace sector and compare their metrics and products.
The major players in the sector, the two biggest players OpenSea and Blur have no token
LooksRare ($LOOKS)
Price: $0.3
ATH Price: $5.3
Market.cap: $145m
ATH Market.cap: $757m
FDMC: $308m
Although $LOOKS is one of the largest companies in the sector, it is risky enough to buy the token. $LOOKS has a large number of stakers, some of whom bought and accumulated the token at lower prices
The $LOOKS token has risen 131% in the last 3 months.
SuperRare ($RARE)
Price: $0.17
ATH price: $3.1
Market.cap: $56m
ATH Market.cap: $317.8m
FDMC: $170m
One of the most popular niche marketplaces where unique art is traded, not collections. It is also interesting because it's listed on Binance, and Binance retail investors are willing to buy anything that's trending and can give profit.
$RARE token is up 92% in the last 3 months
X2Y2 ($X2Y2)
Price: $0.21
ATH price: $3.2
Market.cap: $38.6m
ATH Market.cap: $300m
FDMC: $209m
It is the largest volume marketplace after Blur and OpenSea, but its token is lower by all metrics than $LOOKS, for example. It can be considered as a potential alpha for narrative growth and one of the hidden gems along with $RARE.
$X2Y2 is up almost 400% in the last 3 months.
Rarible ($RARI)
Price: $2.27
ATH price: $45
Market.cap: $867m
ATH Market.cap:
FDMC: $56m
One of the oldest projects of the sector. It has the smallest metrics for today..
RARI token has risen 34% in the last 3 months
A little bit about $BLUR
The Blur project now is a direct competitor to OpenSea, whose capitalization was estimated at the market peak in 2021 at ~ $1b. The release of $BLUR with roughly the same performance for FDMC may prompt the rest of the market to review token prices for projects from the same segment and, even more interestingly, may prompt OpenSea to give up issuing shares and going public and move to prepare for a token issue so as not to lose its position in the market
Conclusion
This year may be a pivotal year for the entire NFT sector. The largest companies in the real sector have increased their presence in this market and almost all of them have their own initiatives for denser integration. The possible token rally of NFT marketplaces could be just the beginning of this trend
Share your thoughts about NFT projects in a comments section, whether it worth trading/investing or not. Maybe you did some profit with it and you're ready to share your experience. Also check links and start trading with us!
Thank you for reading!
#RARE/BTC [SuperRare]: Resistance_Breakout_+_ConfirmationWe've detected a Resistance Breakout and Confirmation on the RARE/BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
RARE - Technical review and analysisRARE has recorded a price increase of more than 40% in the past day. The demand for this currency led to a fake break of the $0.100 support area, and the price is likely to rise again to higher resistances with a return above this support. This upward movement in pullback can again be associated with increased demand. Therefore, the support we can look for is in the range of $0.100 to $0.106. If a suitable positive reaction is observed, there will be a possibility of price growth again and moving toward the targets of $0.150 and $0.166.
✳️TOP 3 RARE CHART PATTERNS✳️
📉CUP AND HANDLE PATTERN
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern. There can be both bullish and bearish Cups and Handles.
📊DIAMOND PATTERN
The diamond pattern is a reversal indicator that signals the end of a bullish or bearish trend. It is most commonly found at the top of uptrends but may also form near the bottom of bearish trends. The bullish diamond pattern occurs after a strong downward move in price. It consists of two resistance levels that constrain previous retracements and two support levels that have constrained the downtrend. Also known as the diamond bottom pattern, the bullish diamond pattern signals a buying opportunity. Often it is the precursor for a bullish breakout. The Bearish Diamond Pattern, is the mirror opposite of the bullish one, even though it works on the same logic and it indicates the end of the uptrend.
📈SCALLOP PATTERN
A scallop chart pattern is a technical analysis pattern that signals a short-term continuation of a bullish trend.
It is created when prices make an upward-sloping curve that resembles the letter J on a price chart. That's why it's sometimes referred to as a J-shaped or J hook pattern.
During the scallop formation, prices move higher, retrace, and trade lower for a short period before reaching a new peak. This indicates a short-term weakness of the ongoing uptrend and indecision in the market as to whether the trend will continue or not. But if prices are able to hold above the retracement zone for a while, it implies a strong momentum behind the uptrend and a potential breakout of the resistance level. The pattern is considered complete when you see prices break out above the key resistance level and rally to a new high. Once the upward breakout occurs, it confirms the continuation of the prevailing uptrend and a positive outlook on the market for the near future.
There are both bearish and bullish Scallop Patterns and both can be used successfully.
📚FINAL REMARKS:
Though these patterns are somewhat rare, it is essential for an advanced trader to know about them and to know how to use them, because that knowledge might provide you the missing piece of the puzzle in a difficult market making the difference between a good day and bad day. Which is all that matters after all. So I recommend you to spend some time and learn about the obscure patterns and to make it your goal to find them or at least look for them to give your brain enough data to let it do it’s pattern recognition learning magic.
Thanks for reading bro, you are the best☺️
✅Gimme a like and the Gods of Trading will favour you this week👍
Dear followers, let me know, what topic interests you for new educational posts?
Rare token about to complete bullish Gartley for upto 71% pumpHi dear friends, hope you are well and welcome to another new trade setup of Rare token with US Dollar pair.
Recently we caught more than 30% pump of RARE token in below trade setup:
Now on a daily time frame, RARE is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Rare token is about to complete bullish Cypher for upto 62% pumpHi dear friends, hope you are well and welcome to another new trade setup of Rare token with US Dollar pair.
Our last successful trade of RARE was as below:
Now on a 2-hr time frame, RARE is very close to complete the final leg of a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
For All Of You Following My Cycle Patterns - Here's Next Week.As you know, I have these setup 4+ years out into the future and continue to identify new RARE and UNIQUE patterns as time allows. I'm even up to 5~6 bar setups in some of them.
Yet, next week shows a very interesting set of Cycle Patterns...
9-19: Inside/BreakAway
9-20: BreakAway
9-21: Carryover (Possible Reversion)
9-22: Inside/BreakAway
9-23: Momentum Rally
*9-24: RARE - Major Reversal
*9-25: N/A
9-26: Breakdown201
9-27: Harami/Inside
9-28: CRUSH (*Bearish)
* = weekend
I'm reading this as a very important and volatile week will follow the Fed rate decision. The US/Global markets may move into FULL CAPITULATION after the Fed next week.
But, The RARE - Major Reversal pattern and the Momentum Rally pattern suggest the end of the week may see some type of "reversion" of the previous downward trend.
The following week (early) - we move towards a CRUSH pattern (9-28). Those tend to be very strongly BEARISH.
Stay protected. Follow my research and learn how I can help you navigate these incredible price swings.
We may see a little support in the markets tomorrow, but it looks like traders are already anticipating a 75pb rate increase and selling ahead of the Fed decision.
RARE, but common chartFree Alt Analysis. This time RARE.
RARE is still degrading, but also getting to the bottom of the curvy trend. There is plenty room to go both sides - but Daily looks exhausted on TrendExhaustion, HighsLows and RSI - VolumeTrend is still bullish and we are dancing on support - it is likely to go for $0.275 first, and judge from there if we are headed for the top of the curvy trend or bounce down.
This idea would get cancelled if we cross the local trendline down - retest of lows of the curvy trend would create another great opportunity to DCA.
'Spidey sense' tingling? Depends how you know what you know.Safe experience lull you into a false sense of security, even when you know about a clear and present danger. That's what experts on risk and decision making** say about the role of our personal experience in our risk perception. Take 9/11 for example. Many, suddenly concerned about the risk in flying, opted to drive instead. However, in reality the risk of injury or death while driving is multiple times that of flying. Why was driving perceived as safer? Studies of decision making say that a big factor is the *way* people get most of their information. When that information comes from repeated personal experience (like car trips) it is given a bigger weight in the decisions we make. The catch is when the typical experience shows no danger simply because the threat is very rare, novel (for us) or out of our awareness.
It's August 25th, 2022 and, stock indexes are levitating, held up by some unseen force. The "Doom and Gloom" on you tube is starting to ring hollow. We know the risks: inflation, dollar, rates, etc. etc. etc. I won't bore you further with my mundane perspective of, what has been for me, a mundane market.
You already know the punchline cleverly hidden in the chart on the right (a 3 day chart of VIX).
Out of curiosity, was I the only one caught off guard?
If you were asked, out of the blue, to draw the 3 day VIX, would it look like that?
and lastly- The best explanation I have is the one offered above. What would you add? or subtract?
-Trade Safe.
**The research on decisions from experience is extensive but these are good points of departure:
Thinking Fast and Slow , D. Kahneman. Chapter 30. Rare Events
The Black Swan : The Impact of the Highly Improbable Paperback – January 1, 2008. pp 76-78
Decisions from experience and the effect of rare events in risky choices. Psychological Science . 15. 534-539. Hertwig, R., Barron, G., Weber, E., and Erev, I. (2004).
The Effect of Safe Experience on a Warnings’ Impact: Sex, Drugs, and Rock-n-Roll ." Organizational Behavior and Human Decision Processes 106, no. 2 (July 2008): 125-142. Barron, Greg, Stephen George Leider, and Jennifer N. Stack. "
RARE formed bullish Gartley for upto 30.50% moveHi dear friends, hope you are well and welcome to another new trade setup of Rare token With US Dollar pair.
Previously we had a nice trade of RARE as below:
Now on a 4-hr time frame, RARE has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Looks daam good :) Short level analysis of Looks. Very little information for TA still however, setting levels is a need when trading a very volatile market. Target of 2.2-2.9$ for TP one, current entry at 1.80$ puts it within a risk zone, but whne accounting for social signals and hype around the token it is a risk I am willing to bear. Max pain would be revisiting 0.78$ but to be honest this is highly speculative within a 12 months time-frame I dont discard it going lower than the previous low given the stacking nature of the token and no real life inputs for its mining. Yes, PoS and Stacking are not going to survive what is ahead, all those tokens are under my scalp box. :)
RARE formed bullish Gartley for upto 112% rallyHi dear friends, hope you are well and welcome to another new trade setup of Rare token
On a 4-hr time frame, RARE has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RAREUSDT Midhigher to Daily tf Range Updated till 21-3-2022RAREUSDT (SuperRare) mid-higher to daily timeframe range, if i look at the chart i can see a clean price movement from this alt. most of the zone respected in past. coin itself been profitable provided swing setups, intraday setups even scalp setups. its not easy to find a clean chart on this p and d madness market. the huge over 126%+ price surge on 20 march 2022! i am not surprised cause compare to its high and past price moves it can perform like that.
SuperRare Jumps Over 125% Today With More AheadThe trading volume for RAREBTC (SuperRare) is at its highest ever on today's candle...
This Altcoin pair has grown by a massive 125%+ with more to come.
We have the classic Adam & Eve bottom pattern... We normally get a short retrace followed by additional growth.
That's all.
Thanks a lot for the likes, the comments, the follow and share.
Your support is continually appreciated.
Namaste.
Bearish Rising Wedge on the recent pump RAREAfter the recent pump of the RARE we are seeing resistance and an obvious bearish rising wedge pattern. The coin might be promising and have a good future, but after the recent pump it will drop to normalize the pump.
If you have any comment s or ideas let me know in the comments!
🆓SuperRare (RARE) Feb-27 #RARE $RARE
The $0.5 and $0.45 zones are having good buying power, if it doesn't lose this support zone, in the near future RARE may recover to the $0.8 zone. But if it loses the $0.45 zone, we can wait to buy it back at $0.35
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.45$ zone
🔴Buy : 0.5 - 0.45
🔴Sell : 0.6 - 0.7 - 0.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.45$ zone
🔵Sell : 0.45
🔵Buy : 0.35
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section