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ANOTHER METAVERSE CONTENDER CONFIRMING A BREAKOUT!Evening folks or whatever time it is in your zone. Chart above is Bluzelle (BLZ) and it looks primed for a breakout. For confirmation we need to close the current weekly candle above the resistance, do that and we'll probably get a retest or S/R flip if you will before going further to the upside. I strongly believe in this project coupled with the fact that its in the gaming sector of crypto along with their recent tweet a couple days ago saying they just joined the metaverse, I expect this to run hard. $1 for the 3rd wave (green) and $2+ for the 5th wave(green) to complete the 3rd grandcycle impulse wave. Let me hear your thoughts in the comments section.
Long
by RektMyMom
8
ALICE - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. ALICE is approaching a strong support in green so we will be looking for buy setups. on H4: ALICE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, ALICE would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:ALICEUSDLong
by TheSignalyst
5
GGG is snapping out of itNot financial advise. GGG doesn't have a lot of data on Kucoin - however this has a previous ATH of $15 back in November. With the popularity of gaming becoming a trend in the crypto markets, we should see some gaming hype return to GGG. very low market cap. Currently around $4.8 million market cap. So we decided to take a position. Being this early to a project thats involved in the Metaverse could very well have a nice return. We should see a return to $7s fairly soon. However we plan to accumulate and hold for the long term here. The coin supply is 100 Million... It may take some time for this coin to get going in the long term but it provides a very appealing market cap to accumulate some coins and make some bucks. Looking for GGG to snap out of this wedge this weekend. Volume should pick up once it does pop then back test support, then we see the real run.
Long
by StofAxeCapital
$MC/BTC 2h (Binance Spot) Ascending triangle breakout & retestMerit Circle regained 200MA and successfully pulled back to 50MA after, printing a golden cross! Current Price= 0.0001191 Buy Entry= 0.0001161 - 0.0001113 Take Profit= 0.0001294 | 0.0001419 | 0.0001632 Stop Loss= 0.0001032 Risk/Reward= 1:1.5 | 1:2.69 | 1:4.71 Expected Profit= +13.81% | +24.80% | +43.54% Possible Loss= -9.23% Fib. Retracement= 0.786 | 1.272 | 2 Margin Leverage= 1x | 2x Estimated Gain-time= 10 jours
MLong
by TradingOn
IOIUSDTHi all, I´ve got the request to check IOI/USDT because now is hype about this coin. The Slovak company looks really good and wanna be succesfull - the about 50 people doing really well job. Their comunity increasing a also their twitter updates are good. On the coinmarketcap ranking is around 3000. But you don´t be afraid - it´s not a scam. Metaverse/ NFT/ Gaming - this sector will be growth rapidly I think. In the daily chart the downtrend was stopped and the flag resistance was broke the resistance and trying to stay safe. We can go thru next stronger yellow trendlines (resistances) or we can retest support in the yellow rectangle and if we fail - retest in the green support. So - if you wanna try your lucky and go for market - use SL under yellow trigger. SL is must have with no discussion. Because it´s realatively new coin, with hype - we can go higher. But I will not buy earlier than we will be definitely thru the yellow rectangle or in the yellow elipse. SL 1 (if you are in) - 25% (1.81 usd) SL 2 (if you wanna buy on the bottom of yellow rectangle) - 29% (1.348 usd) TP 1 - 15% (or 40%) TP 2 - 42% (or 80%) TP 3 - 83% (or 130%) TP 4 - 122% (or180%) TP 5 - 182% (or 255%) It´s up to you guys. RRR is huge, so good oportunity. We will see after few weeks where IOI will be... LBL_CZ
Long
by LbL_CZ
To Infinity and Beyond! (Axie Infinity)Axie Infinity (AXS) was one of the first gaming tokens to go on a strong run with huge % gains. The most recent impulse movement began from Sept to Nov 2021 where AXS made an ATH of ~164 and increased by ~223% in that period. Since then, AXS has been trading in a descending channel where it has found good support at the 38.2 fib level which is often a strong area to buy after an impulse movement has occurred. Assuming the support holds, AXS can trade toward the upper end of the descending channel and with enough volume, breakout of this channel with a mid-term target at the 61.8 level. In the case of an exceptionally strong impulse movement, it can target the 78.6 fib. Of course, all alts still answer to BTC (apart from a few gems...) so trade carefully. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments, questions and thoughts below!
Long
by kush23456