NFT's, Metaverse, Gaming... Watch These TokensI've been doing a bit of research into the NFT space, and also the crossover with regular cryptoverse. RARE may be a token to look into fundamentals, but other than that it looks ready for a bit of a pump soon if we can continue break through the next resistance.
RAREUSDT trade ideas
RAREusdtHi friends hope u all doing fine
Rare is on strong support area which u see the vol of selling vs buying is too low it means whales collecting for a new rally when price breaks the dynamic resistance line then it will be too bullish so keep eyes on it cause it can go for its ath again
Tps on chart
Not financial advice (trade on your own strategy)
👍
RAREUSDT is trying to have a breakoutRAREUSDT is trying to have a breakout.
IF the price is going to have a breakout from the daily resistance and retest as new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
RARE MOTIONLooking at the charts,
1) RARE broke the first channel to hit 2.3
2) It reject that zone back to 1.66
3) Rejecting 1.66 back to 2.3 a second time
4) Rejected that Zone again but only went as far as 1.827 (Support zone + Channel range)
5) Forms a bullish engulfing candle at that zone and continue upwards to 2
6) Next zones are 2.1 and 2.3 on 4hrs chart
7) Higher chance of an upward movement than a lower movement
8) NFT season still in progress (Metaverse a major factor)
ABC =
A: Denotes most possible movement
B: Alternative movement (Obviously if its not up then its most likely down "few movements to the right at this time")
C: Least but possible movement showing next support zone according to pattern movements.
Crypto chart reading is still something most of us are still learning due to the cycle movements and flash crash. With more time and practice. We'll get it right!!!
RareVery good opportunity to get in early before metaverse coming live. I believe this rare token will go much higher in value for long term investment, at least 1-2 years, But once it does create strong impulse upside then we can buy from the demand zones,
It just started to break the structure more play of price action will give us an edge to enter.
RARE/USDTPotential Double Bottom formation, if we get restored in price up to 2,1$ and we manage to break it, then our price goal equals around 2,4$ level
Market is greedy a bit, therefore put a stop loss under the 1,6$, also consider a risk management and do not put a lot of investments(up to 5% of your capital)
Not a financial advice
🆓SuperRare (RARE) Nov-2 #RARE $RARERARE is being rejected at the $2 zone and it needs more time to break through this zone. Over the next few days it can correct to the $1.7 zone before rallying to the $2, $2,4 and $3 zones. But if it loses the $ 1.7 zone, we can wait to buy at the $ 1.5 zone, this is its listing price on Binance
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.7$ zone
🔴Buy : 1.7
🔴Sell : 2 - 2.4 - 3
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.7$ zone
🔵Sell : 1.7
🔵Buy : 1.5
❓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
RARE/USDT { SUPERRARE } - BULLISH SETUPANALYSIS 🔎
- RARE/USDT is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential above the falling wedge resistance
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the falling wedge's resistance.
- Limit entry: test of the falling wedge's support.
TARGETS 🎯
- Horizontal resistance level (@2.049).
- Horizontal resistance level (@2.150).
- Horizontal resistance level (@2.500).
- Horizontal resistance level (@2.761).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
SUPER RARE/USDT - LONG Picking up a bag if my target is reached. Taking 90% off the table on target with the rest to run
Details pulled off coinmarket.com
SuperRare is a premier NFT platform, boasting almost $90M of digital art collected and $3M in artist royalties paid to date. SuperRare emerged from its 1.0 version, where the core team hand-picked and approved artists to mint their works on a shared smart contract as SuperRare NFTs. SuperRare 2.0 changed that by introducing web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote, and sell their works directly to collectors.
By embarking on this path of progressive decentralization, SuperRare shifted ownership and governance of the network to the community. SuperRare 2.0 is a DAO, a decentralized organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol
Market Cap
$240,487,039
Circulating Supply
101,756,228.00 RARE
10%
Max Supply
1,000,000,000
Total Supply
1,000,000,00