BBIG -- Zooming Out Lots of chatter on fintwit and discord over the past few weeks about BBIG...
I'll spare you the backstory, and assume you've stumbled upon this chart purposefully.
You know there's a merger, and you probably hoped last week was going to bring "more meaningful news!" and thus, "upwards price action!"
"Tiktok!" they told you! Valuation! Billions of dollars!
7! 10 even!! Or at least that's what MrZack and his hairless lizard-person arms promised you.
Sorry, nope. OptionsWolf cut the party short and reminded everyone there was a gap-fill owed around 3.50-3.70 and now bag holders are floating above 4.0 wondering, "wait, we still owe a lower gap fill move... right??."
Well let's zoom out and look. This idea tracks patterns trend lines on the weekly chart, while flagging upcoming expiry dates.
It may be a lazy man's POV (read: I ate a weed gummy), that volume will increase as the expiration date approaches (which will, in turn, affect the momentum of the price action). Actually never mind, BBIG's historical volume data supports that thesis.
Also, did I mention there are still "catalysts" on the horizon?
Despite the fact that no shiny valuation number came out on 6/24/21, the merger IS still on and the valuation WILL come out at some point. I expect the Zash/BBIG folks to milk every last drop of pump they can from "merger anticipation" hype. That means BBIG will grind higher and head back up to test resistance at 6 and IMO, I think it should break through.
But also this isn't financial advice and who the fuck am I, anyway?
I'm still holding profitable options, but I hedged on my commons and I may reload if I get a dip toward 3.75 again. I don't believe in the company, and generally think social media is poison. But also I love it, etc etc.
patrick
Nft
$BBIG 2 months later... A look forward using Elliot WavesWell, well, well.... Here we are back with our old toy -- $ BBIG .
It didn't take the easy route, that's for sure, but it's ended the week right where I said it would back on June 26th. LMAO.
Now we finally have a clean breakout of that weekly triangle, and 10 dollars isn't far away.
My 5c leaps for Jan 2021 (which I bought in May/June) were up 600% on Friday.
Could we have another SPRT situation? Surely not......................... right ??
Sincerely,
your best bud patrick.
ALICEUSDT- BreakoutMy Neighbour Alice is a blockchain-based multiplayer builder game that allows players to buy, own and develop virtual lands on the platform leveraging NFTs.
My Neighbor Alice is set to launch the Pre-Alpha version for playtesting on Aug 31 which would ultimately be a milestone in the development of the NFT platform and could potentially surge the price of its native token.
After the first day after launch (March 15), ALICE has been trading in a range of $21 and $3.8. While ALICE gave a Flag Breakout at the level of $12 and is currently trading near its higher resistance level of $21. If Alice successfully pins the Breakout, it may trigger fresh Buying supported by the insane rise in NFT prices which would fuel the prices to ATH.
A close above $22 may trigger the prices to the level of $25 followed by $31 while the support to the lower side is present at $15 .
2CRZ/USDTLonging this shitcoin here, tight stop below previous low, tp 0.128
sl: 0.0385
entry 0.04-0.043
Aavegotchi consolidating near ATHsGHST has been listed on Kraken and also recently got a USDT pair on Binance. It only had an ETH and a BUSD pair, and usually USDT pairs add liquidity and boost the price. Now that this was added while NFTs are booming and the price is sitting at a key level we could see a big pop here.
GHST is also looking great both in BTC and USD terms, and is one of the few NFT projects (especially on Binance) that haven't had a big pump so far as high inflation might be suppressing the price, however I think it is currently at a tipping point and could move higher really fast.
$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first.
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
Fib. Retracement= 0.618 | 0.893 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 2 weeks
300% move possible in a monthVideocoin is about to moon!. Company will soon release NFT platform software. Big partnerships are waiting to be announced.
$TKAT for a 3rd green day?And the thing about AMEX:TKAT is that the vol of previous 2 days was so huge, that it can continue to rip. Risky, but fun. Potential PT: 17 and even 22.
Why I make such a conclusions?
The answer is avg volume. I take 2 pink lines: longer one comes from the previous vol spike and shorter one comes from 2 days back, when it started to rip. Current price is above 2 of those levels. We've got support, which coincides with pivot (green line) at 9.20. I've set an alert at this level and gonna watch price action closesly. If the price won't fail this key level, I'd start to buy. Keeping in mind that this is a risky play, not big size this time. Let's see
TVK path to $1.00Keeping it simple here - TVK is trading beautifully within this channel and has been consolidating for weeks now. Based on previous moves we know how hard and fast it moves so buckle up is all I'm going to say for now.
Please manage your risk - this chart is just my opinion. Be sure to arrive at your own conclusions and trade safe!
Crypto Market Update 8.24.2021 Part II - AltcoinsIn this continuation, I talk more about the broader market, and include brief analysis for Ethereum, Cardano, NEO, XLM, UNI, and DOT.
This is not financial advice! This is meant for speculation and entertainment only. Thank you for watching.
-Victor Cobra
WEEKLY - Momentum is down and we might be further shorts.EURUSD took a major swing point liquidity which when this happened i was looking for buys, however looking into next week we see price action is being pull towards the next major low. I will be looking for london manipulations and continuations in New york sessions. Keep your analysis simple.
TVK BTC 200% potential growth in front of us ! looks promising. , everytime it dipped that much ( around 50 percent down) It made nice mad gains, + this crypto is used for rare NFT collections.)
GL
NFA
Is ILV the new AXS?If ILV reaches the market cap of AXS, it will be worth $6,100! So if we build a stack of ILV to hold for the long term during this pullback at the low of 310, we could even get almost a 20X out of it, if we are patient and don't sell it for at least a couple of months The amount of gas in this tank is very promising. Maybe you only think it can reach half as much as AXS but that's still a solid 10X you are looking at.
So how do we figure that price will pull back here to reach our buying target and give us this amazing setup to 20X our money? We are using the elliot wave theory which states that wave 4 will break the channel made by wave 1, 2, and 3 99% of the time to the downside. It also tells us that the 0.5 retracement of wave 3 is the best spot for the bottom of wave 4 to occur. So that creates our high-probability buy signal area, and we can set alerts here to purchase it. Sadly it's not listed on any exchanges, so we will need to keep a close eye on it as price approaches the level. The correction for wave 4 is likely going to end sometime between the 24th and the end of the month, so that means we are probably gonna be waiting a couple weeks.
This is a trade for the patient wolves who will wait, wait, wait, wait, wait, and wait some more, and then finally pounce and eat the sheep up.
This is a great token to buy and hold. DYOR.
SLP - Risky - Not the best logic, but it is SLP
(0.1703 - 0.169) Key points based on a previous bull run
0.18758< Long Take Proft
0.1666 < Stop Loss
I have reviewed it at 4hr but simplified it to a 30-minute chart.
I think a larger stop limit would need to be in place to allow for the full potential take profit.
Rebounding well from oversold indicators.
Could - potentially signal a swing and a cheap entry.
50/50 Personally I have entered but kept my SL AND TP at 1:2
Just a bloke putting some lines on a chart - Take it or leave it based on your own TA :)
Best of luck :)
OPEN LONG POSITION ON SAND/USDTSAND is an amazing NFT and it is a good time to get your hands on it.
Expecting SAND to move 10% to 20% from the current price.
Accumulate between $0.623 to $0.642
Stop Loss at $0.606
Target 10% to 20%
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Do like and comment your thoughts.
Penguin Pump MapPenguin Pump Plan, The NFT Bubble continues...................................................................................................