Solice competing with SandboxHello there everyone!!! 😃🌏👋
Thank you for considering my approach today, let's dive in⭐⏬
Note 📌 more accurate target will be available as we move along, this is a relatively new project. My bias is very bullish🏵🐮
Fundamental analysis :🤸♂️🌊
So, Animoca Brands who created the p2e game the Sandbox is at it again along with the incredible Solice team. The CEO of SLC was one of the members of the original Fantom team. Turns out Animoca is top investor in the Solice VR metaverse project . It's no surprise to see them investing in meta projects across all blockchains it's what they do... but not this heavily, so we suspected bullish price action at launch.
Anomica is not the only investor in this VR project either, it was also invested in by gate , Kucoin , and FTX via Alameda research. Launch was on gate and huobi , then it was added to dex's on Solona such as Raydium and Orca .
💭😁
They've locked up a large amount of the supply with a massive staking system ranging across dex's and exchanges. The last staking will be on tomorrow Jan 15th for one full week on gate📌🕘📆
I can't help but think that these big players have something planned for when it's all locked away, after all, Pro Shares just filed for a Metaverse ETF . There is clearly institutional interest and SLC's stopping power against BTC downtrend is very apparent.
Technical analysis: 📈📉
This is relatively new token, so we don't have a whole lot of data yet but here is what we know👀
💫We saw price correct and bounce from 0.618 fib after reaching 4.25 dollars from 7 cents at launch.
💫Watch the chart as it's breaking out on the daily now and seemingly gaining support at 30 percent retracement line.
💫We could see a retest of upper purple line on chart above before more upwards movement.
💫If we fall below ~2.79 again, an updated TA would be wise 🐶
💣 WIth that being said buy pressure is very high right now and no one really knows
✔ This metaverse land💲 is not going to be cheap (in theory)🏜🌋🏝
📆📌🕘 Four land sales🏝 🌅are coming up which will require large amounts of SLC to purchase. The game itself launches this quarter. In my opinion we could see 10 to 25 dollars in the coming months given the current MC and the amount that is locked up.
In fact, at a Sandbox or Mana MC the coin would be worth 100's of dollars in the future... Meta and the right p2e projects have been the play indeed in the past couple months. That being said, I always recommend you do your own research👽
Thank you so much! Happy trading all and please remember 👍👇
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay ☯
Sandbox
BITCOIN Daily TA : 01.12.22 : $BTCAs you can see that the price has pulled itself above the dynamic resistance and is stabilizing. Today is an important day for market decision making and market risks in these areas will always increase. Resistance in the 43K range is currently holding back further price growth. We have to see if the price will be rejected from this level or not.
Important resistance : 43600$
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SAND - Daily Chart ✅Let's see how SAND is behaving.
This is a 1D chart.
The Fib retracement shows that the price had a dump and got corrected to a new support area.
The market is showing NEUTRAL volumes for SAND. We might see more consolidations coming for now.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $4.62
Let me know your ideas.
Good luck.
Chiliz Weekly TA : 01.10.22 : $CHZZAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
40,000$ is lost or what ?! $BTCAs we expected , the price started to fall from the same resistance range and reached the bottom of the downtrend channel, The price recording a new low at $ 39,650 , which is the lowest price in the last 110 days. We expect the price to continue falling again after a short correction in a trading range . (Short-term targets: $ 37,700 to $ 38,500 and $ 35,250 to $ 35,850)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
ALTS Unable to Rise Before Bitcoin DoesAltcoins are unable to attempt a rise before Bitcoin does.
We hope to see this reverse in the next coming days, with a rise on Bitcoin price.
Until then, the amrket remains Bearish and scary. Be careful now and on alert to buy dips in the next 48 hours.
One Love,
the FXPROFESSOR
Ethereum Daily TA : 01.09.22 : $ETH As you can see in Daily chart of #ETHEREUM , we see that yesterday the price broke its first support range and today is stabilizing below this level, the next bearish target (important support) is in the range of $ 2700 to $ 2900.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 09.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
⌛🦜 SANDBOX-Metaverse Rules 🏴☠️☠SANDBOX ready for another flight higher.
Was happy to see that one of the new ICO tokens i purchased recently announced that they bought on Sandbox!
Virtual Real estate is no longer fiction..It's here, now, happening.
As you know for my previous ideas, i consider the Sandbox to be better than Mana (Decentraland).
In any case they should both rise.
One Love,
the FXPROFESSOR
ROSEUSDT 1D TA : 01.07.22 : $ROSEAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Decentraland 1D TA : 01.07.22 : $MANAAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Bitcoin Short 6H TA : 01.07.22 : $BTCLast analysis is still valid... All short-term targets reached ...
As we expected, the price break the trading range from the bottom and also lost its important dynamic support. Currently, the first very important support and bearish target is the (Swing Low) price, which is in the range of $ 42,000. Up to $ 42300, if this critical level is broken the next downside targets will be $ 40 ,000, $ 38,600 and $ 37,700 and if all 3 of these support will be lost , the Potential Reversal Zone (PRZ) could be the of 35,500 $ range ... (This analysis will be updated)
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SAND - Daily Chart ✅Let's see how SAND is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is getting rejected by the local resistance area.
The market is showing SELL/NEUTRAL volumes for SAND.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The middle Bollinger Band can push down the value, and the lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that SAND is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $5.48926
Let me know your ideas.
Good luck.
An Overview of the Metaverse Platforms in 2022A quick and dirty overview of some of the major metaverse contenders out there, with a look at Decentraland, Cryptovoxels, The Sandbox Game, Somnium Space, Upland, Meta, Roblox.
Check out ryangtanaka.eth or play.decentraland.org for my in-progress plot. Livestreams and ideas/videos upload to come soon.