Polygon (MATIC) to $4.00Polygon (MATIC) is right on the doorstep to retesting its prior all time highs set back in May at $2.70. Technically and fundamentally MATIC has a strong narrative that will most likely push this cryptocurrency into another price discovery phase. Ethereum scaling, gaming, play to earn, NFTs, and the metaverse are all narratives of what MATIC is involved in. I believe positive momentum in Ethereum's price will slowly trickle down to MATIC.
Once we break past $2.25 resistance area for MATIC I do believe we will grind up to the 1.618 Fibonacci extension of $3.97 setting a new all time high in the weeks or months to come.
Local Support: $1.90
Major Support: $1.50
Current Resistance: $2.25
Much peace, love, health, and wealth.
Gaming
MANA USDT 2H Here's how I would trade MANA / USDT 2H:
If the price breaks the upper line of the triangle - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
Entry point - approx 5.03$
TG1 - 5.2$
TG2 - 5.4$
TG3 - 5.6$
TG4 - 5.7$
TG5 - 6.4$
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Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Decentraland:
"Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.
In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.
Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.
Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace."
Source: Coinmarketcap.com
AXSUSDt 1DHi everyone
A resistance level of $ 140 is followed
If this resistance passes, we can expect an increase to 145
The steady rise in buying pressure puts the price on the path to $ 155
If the bears continue to control the market, the price will move to the lower limit of the prevailing pattern at $ 122
The next support is $ 120
Although these two support levels could well prevent a downward trend, a significant increase in sales volume may push the price towards 106
Game / Metaverse tokens that could still explode!I made a list of low (and one big) cap game / metaverse tokens that can absolutely blow up in the coming weeks! I thought it would be cool to share it with you all because its madness right now with the gaming / metaverse scene and I do not expect it to stop anytime soon. This is NOT financial advice though and I do NOT advice to bet the house on these tokens, a small allocation of your portfolio in these tokens could provide some welcome upside.
I am not going to dive into the fundamentals or background of these tokens because I want you to do your own research and not buy because I say so. What I say is that you could research this list and see if you like it. That's it. I did not include GALA and SAND because my gut says they might face a correction soon and I feel MANA could still run but that's just me. I think all of these are set to break their ATH this or next week, which usually indicates a pump. Do note that low caps have increased potential risk but also increased potential gains!
NOTE: I will make another list of other tokens I bought recently, both big, mid and small caps.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
CHROMIA expected monthly return of 100%, 300% best caseI have been waiting for such an opportunity for so long and in this idea, I clarify my logic behind this expectation. there are significant fundamental reasons behind the recent surge in volume , and volatility of CHR however this fundamental discussion is out of the scope of this idea. Please refer to chromia.com in order to get more information about Chromia.
CHR has a current market cap. of 700million USD which puts it in the low market cap category. Exchange volume indicates big room for growth as long-term holders refuse to sell during periods of below-average prices. since the end of October, a significant surge in interest in metaverse-related crypto assets led to a surge in volume and volatility which helped CHR break out of its long-term stationarity around $0.35. Now the most important question to be asked is whether Chromia which is a cross-sectional momentum winner over the past month will experience time-series momentum. in other words, as a matter of fact Chromia has outperformed most of its peers over the past month, the question is wether this monthly return of 200% will be repeated, a pattern reffered to as autocorrelation. well, quantitative data suggest this is very likely in the current case. However this relies heavily on the public's interest in metaverese and gaming related crypto assets also it is worth noting that crypto inevstors usually invest in higher cap less riskier projects like decentralnd and sandbox first pumping their prices then rotating into lower cap ones.
my conclusion is that Chromia has very high potential because of the infrasturcture that offers for gaming community and technicals also support this. please have a quick read about relational blockchain in order to appreciate the potential of Chromia as the future of blockchain.
Thanks a lot for your time and let me know your opinion in the comments.
Mostafa
Binance: TLM buy / long 1DBinance: TLM buy / long 1D
Entry: 0.3
SL: 1D close below 0.15
TP: 0.8
TLM is the native token of Alien Worlds, and it is used for the following:
1. Planet Governance: TLM holders who stake TLM can participate in the governance of Planet DAOs and vote on potential rewards.
2. Staking: Stakers of TLM on any selected planet (out of six) can participate in both TLM and NFT mining.
3. In-Game Currency: players of Alien Worlds will need TLM to purchase and upgrade items, join in on quests and battles.
4. Gameplay Incentive: Active users may earn TLM as part of participation rewards
5. NFT Purchase: Players need TLM to purchase in-game items which are minted as NFTs.
Pla will has a run to upper line!PLA; one of the valuable crypto in metaverse and gaming category.
But in short term, we can have a long trade on it while it is in the ascending channel. Now it return by 2 powerful candle from the lower line.
1st goal is upper line and 2nd is ATH.
stop line can be set lower than lower line.
ENJ / USDT 4H - falling wedge, breaking resistanceWow, what a black Friday sale on most cryptocurrencies today. ENJ / USDT has performed remarkably over the past few days. As most cryptos have fallen today, so has ENJ. I expect that this likely will continue its upward trend, as it is currently trying to break the resistance. Here seen in a narrow falling wedge.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 4.3$
TG2 - 4.5$
TG3 - 4.75$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Enjin:
"Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value."
Source: Coinmarketcap.com
Aavegotchi $ghst: A sleeping giantAmong all #metaverse, #nft, and #play-to-earn tokens, #Aavegotchi $ghst is so #undervalued. It is more than #Axie-infinity.
It is not a simple nft game. It connects #defi to gaming and all the above mentioned areas. And they have a very responsible support team based on my own experience. Do your own research about them.
Check their website and social media:
aavegotchi.com
Now, technically speaking, #ghstbusd has been in an uptrend since its listing on binance. As I'm writing this to you, it is trying to break this uptrend and go even higher.
For short term, I have marked two buy zones as well as three tps on the chart. After reaching these targets, I expect a pullback to the long-term ascending trend (the red line), and then a parabolic movement towards 2digits prices which will be discussed later.
You missed $axs, $mana, $sand,... ???
DO NOT miss $ghst.
Good luck.
TWT / USDT 1H - Descending TriangleHere is how I would trade TWT / USDT 1H Chart. Descending Triangle formation with potential gains of approx 10%.
I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.206$
TG2 - 1.228$
TG3 - 1.249$
TG4 - 1.27$
TG5 - 1.297$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Trust Wallet Token:
"Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains.
Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app."
Source: Coinmarketcap
#warena about to #pump just a 3x in Usd and about to break range in BNB valuation.
sub 30 mil done just 3x, that's the whale funding round...
NFTB - Buy signal!NFTB is a good project in NFT market. We are in an ascending channel and we have two problems; 1) The red trend line 2) First resistance area at 0.48 - 0.5$.
We can allocate a maximum of 10% of total capital to the NFTB.
First area looks good for buy at 0.43$
and
Second area looks good for buy at 0.38 - 0.4$
Long-term target is 0.8$
Please like and follow me, this is a positive energy for me <3