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TCP

🏂GEMHUNTING #2: The Crypto Prophecies: 200EMA/dynamic supportWelcome to the second episode of my #GEMHUNTING series where I look for micro-cap coins with both good looking chart & fundamentals. The chart looks good. Although the price broke above horizonal resistance and did not manage to hold above this area, it came back down and entered the zone of strong support confluence. Major support (green) is also close, but has not been touched yet. It seems like the price may have formed an ascending wedge, but it's gonna take a while until we see a potential squeeze. The upper trendline of the formation is also over 300% away so that's good enough. I went over their website, whitepaper and everything looks good. The game is being constantly developed, the devs are posting a lot of updates and interact with community. The game runs on Polygon(MATIC) Current market cap: $13,960,588 Let's compare The Crypto Prophecies to a similar project with much bigger market cap: "If The Crypto Prophecies had Axie Infinity's market cap of $8.7B, 1 TCP would be worth $107.32, an upside of 614x" // Source: coinperspective Targets: 0.20 0.25 0.2754 (local level) 0.31 0.39 0.45 0.55 ATH+ -- if things go right possible long-term hodl with no specific targets -- ----------------------- About TCP: The Crypto Prophecies is a decentralised peer-to-peer price prediction game that uses NFT characters called Crypto Prophets. Place your wager and go head-to-head with other players to battle it out over the candles, predicting how each one will close. It’s a real-time points based game and it’s against the clock, so be quick with your predictions and watch out for your opponents magic spells! Source: morioh
TLong
by V0VOLAN
2
TATA Consumer Product , 75 Min Analysis .** ON Daily And 75 Min Time Frame Trend Is On Upside .( Price Is Making Higher High And Higher Lows ). ** Price Taken Support On Trendline And Retraced From Demand Zone . ** Hammer Pattern ( Price Rejected From Demand Zone 323-326 ) After Hammer Dozy Form Indication Of Indecisiveness . Price Unable to close Above Dozy . Reference Candle Now Is Dozy . After Price Close Above Dozy In 15 Min Or 75 Min Time Frame Then Trade Initiate On Buy Side . Buy 337.5 SL 324.4 Manage Your Target And Sl According to Your Risk Appetite . Happy Learning .
NSE:TATACONSUMLong
by veensh
Long Term Support about to be broken?On the chart you can clearly see that long term support is broken. Also downtrend is in play since last couple of weeks - 2 trends are forming nice simetrical triangle. My bias is short here. A lot of traders are waiting for confirmation on daily to enter short now. Let's just wait for confirmation and see if the trendline starts acting as resistance (personally I think it will test the line few times). If the trendline becomes resistance indeed, then it's safe to enter Short position and aim to the previous lows in the support line (1.486 or even 1.394). On the other hand if the price goes above RED downtrend line and support trendline holds, we will see it rising even more, but I don't see this happening. Good Luck!
Short
by mryoung
Drop from the Top :)We have 2 uptrend support lines broken and spike up during BoJ news, then during the day price dropped down to the support area of 113.84 The price should continue going down, if you're in from the top good for you, if not - wait until the support line becomes resistance, since we're in strong downtrend I am not sure if the resistance will be restested a lot, so be quick with placing shorts. TP is the previous support line on 112.99 Good luck!
Short
by mryoung