GameFi: Top Sector for 2024 with Huge Potential🚀🚀🚀The GameFi sector, a fusion of gaming and decentralized finance (DeFi), has emerged as one of the most promising areas within the cryptocurrency landscape. This sector has gained significant traction in recent years, attracting both gamers and investors seeking exposure to innovative blockchain-based applications.
What is GameFi?
GameFi revolutionizes traditional gaming by introducing play-to-earn mechanics, where players can earn rewards in the form of cryptocurrencies or non-fungible tokens (NFTs) for their in-game activities. This integration of blockchain technology into gaming ecosystems creates a new paradigm where players can monetize their time and effort, fostering a more engaged and ownership-oriented gaming experience.
Top 5 GameFi Projects with High Growth Potential in 2024:
Immutable X (IMX): A layer-2 scaling solution for the Ethereum network, Immutable X focuses on enhancing the user experience for NFT-based games. It offers gas-free minting and trading of NFTs, making it an attractive platform for game developers and players alike.
Price Prediction: I anticipate a sweep of local lows and a retest of the $1.4 level, followed by a potential surge towards $5.
Floki Inu (FLOKI): A dog-themed meme coin with a strong community and a focus on developing a decentralized gaming metaverse called Valhalla. Floki's price action has exhibited consistent retests of its ascending support line.
Price Prediction: I expect the third retest of the trendline to be a fakeout, leading to a downward move to capture liquidity below.
Gala (GALA): A blockchain-based gaming platform aiming to create an interconnected ecosystem of games and NFTs. Gala has formed a significant liquidity pool beneath well-defined lows while simultaneously establishing lower highs (without sweeping liquidity above).
Price Prediction: I anticipate a sweep from below to initiate a more accelerated upward trajectory.
Axie Infinity (AXS): A pioneer in the GameFi space, Axie Infinity gained immense popularity in 2021. The project features a unique gameplay where players breed, battle, and trade Axie creatures, represented by NFTs.
Price Prediction: I expect a retest of the 0.5 imbalance level and the $4.6 price point.
Illuvium (ILV): An open-world fantasy RPG built on the Ethereum blockchain, Illuvium combines immersive gameplay with NFT ownership and play-to-earn mechanics. The project has gained significant traction in recent months.
Price Prediction: I anticipate a fakeout breakout at the bottom of the bearish flag pattern, followed by a swift upward movement.
The GameFi sector presents a compelling investment opportunity in the dynamic cryptocurrency market. The integration of gaming and DeFi offers a unique value proposition, attracting both gamers and crypto enthusiasts. The projects mentioned above, each with their distinct features and growth potential, are worth considering for those seeking exposure to the promising GameFi landscape.
Seasonality
FOMC Crude OilDaily Target met post NY open and Crude oil news.
Drop mic.
Just imagine you had the skill or someone to guide you where price is going?
You have the model... you just need direction.. we all struggle at one point on the bias esp intra day which needs a trader to be dynamic in his/her thoughts even when price is going against them intra day.
Daily/Weekly are essential.
Will update later for further bias and forecast for Crude!
How to Avoid Losses During US Stock Market CrashIn this video, I revealed the best way to protect your capital from market Crash losses.
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JASMY 'LIONS PAW'There are no animals or humans that have six fingers to my knowledge unless by accidental anomaly. For that reason I think it's only natural to see the price of Jasmy going up. On the image it is easy to see the image in the chart. Based on where BTC is headed it wouldn't make sense to see the price drop.
Oil / Crude Oil Heading into end of WeekSo we are on the Daily Not moving with much drive and lets say... obvious direction when it comes to day to day bias (Overall Bearish)
I am ONLY focusing on PDH and PDL as targets today with any signal to buy or sell into the market being in a discount before I place a trade.
Range day - yes
To consider that Thursday's have seen good movement on Oil recently so keep this in mind.
Consider also that the Daily wick CE is also aligned with the weekly ifvg.
I will be looking to enter positions today as I am a scalper however anything on the 15min or above I would side with caution as prolonged moves may not be on the cards esp going on the last two weeks of PA.
Also like to thank the people who Boost my posts it means a lot.
How the Halving Will Impact the Bitcoin Market ? Bitcoin Halving: A Comprehensive Overview and Its Impact on the Market
Bitcoin halving, an event that occurs every 210,000 blocks (approximately every four years), reduces the reward for miners who validate transactions and add new blocks to the blockchain by 50%. This mechanism is designed to control inflation and maintain the finite supply of Bitcoin, which is capped at 21 million coins.
Objectives of Halving
Controlled Inflation: Halving aims to counteract the inflationary effects of new Bitcoin creation by gradually reducing the issuance rate. This helps maintain the scarcity of the asset and its value over time. Unlike fiat currencies, where central banks can arbitrarily print money, Bitcoin's halving mechanism ensures a predictable and finite supply, preventing uncontrolled inflation.
Sustainable Network Growth : By slowing down the mining reward, halving encourages miners to operate more efficiently and focus on long-term network security rather than solely pursuing short-term profits. This shift incentivizes miners to invest in reliable hardware and infrastructure, ensuring the stability and resilience of the Bitcoin network.
BraveNewCoin Liquid index
Impact of Halving on Bitcoin Price
Historically, Bitcoin halving events have been associated with significant price increases. This can be attributed to several factors:
Supply Reduction: As the mining reward decreases, the supply of new Bitcoins entering the market slows down. This reduced supply, coupled with consistent demand, can lead to price appreciation. For instance, after the first halving in 2012, Bitcoin's price surged by over 200% within a year.
Market Anticipation: Investors often anticipate the positive impact of halving on price and start buying Bitcoin in advance of the event, driving up demand and price. This phenomenon is evident in the price movements leading up to each halving event.
Psychological Effect: Halving serves as a milestone in Bitcoin's roadmap, reinforcing its scarcity and long-term potential, attracting more investors and boosting market sentiment. The halving event serves as a reminder of Bitcoin's finite supply and its potential as a store of value.
The Upcoming Halving in April 2024
The next Bitcoin halving is expected to occur on April 19, 2024, at block height 840,000. This event is highly anticipated by the cryptocurrency community, and many analysts and experts are predicting a substantial price increase following the halving.
Price Predictions:
While price predictions are inherently uncertain, some analysts have made projections based on historical trends and market sentiment:
Matrixport: $125,000 by the end of 2024
Pantera Capital: Over $147,000 in 2025
Bernstein: Potential rally in mining company stocks
Potential Correction:
While many anticipate a price surge, some analysts caution against excessive optimism and acknowledge the possibility of a temporary price correction following the halving:
JPMorgan: Price could drop to $42,000
Implications for Miners
With the reduced mining reward, miners need to adapt their operations to remain profitable. This may involve:
Optimizing Mining Efficiency: Miners will need to upgrade their hardware or switch to more energy-efficient mining pools to reduce operational costs. This could lead to consolidation in the mining industry, as less efficient miners may be forced to exit the market.
Focusing on Transaction Fees: As the block reward decreases, transaction fees will become a more significant source of income for miners. This may encourage miners to support initiatives that increase network usage and transaction volume.
Diversifying Revenue Streams: Miners may explore alternative revenue streams, such as offering mining services or developing other blockchain-related products. This diversification could help miners adapt to the changing dynamics of the cryptocurrency landscape.
Conclusion
Bitcoin halving is a crucial event that shapes the cryptocurrency landscape. While it has historically led to price appreciation, investors should exercise caution and conduct thorough research before making any investment decisions. The upcoming halving in April 2024 is expected to be a significant turning point for Bitcoin and the broader cryptocurrency market.
Additional Notes:
The halving process is embedded in Bitcoin's code and is an automated mechanism, not influenced by any individual or organization. This decentralized nature ensures the integrity and predictability of the halving process.
Halving events occur at predetermined intervals and are not subject to any changes or delays. This fixed schedule provides miners and investors with clear expectations and allows for informed decision-making.
The halving mechanism is designed to ensure the long-term sustainability and value of Bitcoin by maintaining its finite supply and aligning incentives for miners. This carefully crafted design contributes to Bitcoin's resilience and potential as a long-term asset.
Update plan gold 2024- 2025Update plan gold 2024- 2025
Gold's daily line has been broken, but we should not rush to sell gold right now because it is facing quite strong demand. I believe that this factor will help gold recover to 2390-2400, then we will sell off gold at higher prices. Normally, gold will peak in early May, this we need to consider further in the case of a sweep. old peak and create a new peak, but I think the probability is not high with the current price structure, unless affected by the geopolitical situation. If everything goes well, we will sell off gold until the end of September and collect goods there to buy until next year.
An idea similar to this one but on a weekly basis.
Good Lucky !!!
EGP short in Jan2025Egyptian Pound seems to be stable till the end of 2024 then a potential fallout to be $0.01 which means a $1=100EGP by the first of the year 2025 , unless a US dollar funds could be pushed to the Egyptian economy from the gulf then the fallout for the Egyptian pound will be delayed and will sustain till Mar 2026 , another notice that the falling pivot points happens in Jan and Mars!
Oil/Crude oil - TuesdaySo we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher...
Would like to see price head down post 0930est
My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button.
At minimum PDL would be a bearish target
I don't see why we would want to go higher until proven wrong - Closing above the Daily V.i...
Thanks
Seasonal trend in the growth of coffee pricesLet's talk about coffee because coffee lovers understand how important it is in daily life. In the business world, it's widely recognized that no meeting or deal is complete without at least one cup of coffee (or even more). ☕️
Now, let's focus on coffee futures. 📰
Technical analysis presents an interesting perspective for potential growth. The price is approaching a significant support level around $1.4 and is once again starting to rise. ☄️
During this uptrend, it successfully breaches key resistance levels in the vicinity of $1.5, creating a "repositioning" pattern for those considering buying. It seems like coffee season has arrived! ☀️
Right now, we're interested in the unclosed bullish gap at the level of $1.662-$1.6485.
On the daily chart, there's an attempt to test the previous month's highest price, which is crucial for further growth.
The scenario of closing the gap may come into play if the price falls to the order block levels within $1.6-$1.44, from which long-term purchases can be considered until the highest price is reached above the $2.0-$2.6 level.
If a pullback occurs to the 1.2-1.3 zone, it may present an opportunity for buying with the potential for a 2-3 rise. In such a case, there's a high probability of subsequent upward movement after the pullback. ☕️
If you're interested in coffee and commodities futures analysis, feel free to hit the 🔥 button, and we can continue the discussion. ☕️📈
Bitcoin Cycles and Current Cycle Peak EstimationMy analysis of previous bitcoin cycles and prediction of current cycle peak based on that analysis. The first cycle was shorter than the others, therefore I had to interpolate from the 2nd and 3rd cycles. This analysis gives a rough prediction of 162.000 USD bitcoin price at October 2025. That gives us +100K from where it currently sits at and a possible altcoin season similar to prior cycles. Let's see how it turns out.
It is better to zoom into each cycle to see the percentages of peak to bottom, bottom to next peak and peak to next peak.
Williams%Range Moving Average alerts indicator for FOREX tradinAllTheUpsTheresAlwaysDowns" ☆ATUTAD☆
// Williams%Range Moving Average alerts indicator for FOREX trading.
This indicator is provided for you to use it as agreat plot next to the knowledge and strategy you may have already created.
The soul ideal is the 40 period williams % range indicator with overbought level at -20 , oversold at -80 and buy range above the -50 and sell range below.
In the use of a wpr on your trading chart its most defitnatly that you will find divergences formed when the wpr has crossed above, been above, crossed below and above with a lower high reached. Indicating such "divergence" for an overbought momentum in "confluences" meaning it is matching with the price movement on the main chart having a higher reach than it just was candles back.
This same thought proces and visual sighting occurs when the wpr has and after the crossing below the oversold at -80.
*While in some hours of days there may not form a divergance but a retest or trendreversal.
The indicator gives yellow triangles above the candle bar for overbought momentems and Blue trianges below at oversolds.
*Be free to fine tune your period vision with its respective oversold and overbought action.
The -50 will most often gives the trend direction by cause of crossing above "bullish trend. Bearish trend" for crossing below.
Whit this logic a moving average trend is visual and triangles are formed above or below the candle bars signaling the current trend.
An 2nd moving average is for use as extra conformation of a trend direction or to the short term reversals. Also adding value to the background color but in confluences of the oversold signals.
There are labels for the session open and ending without the names but certainly for;
Tokyo.@0200-1000
London.@0600-1700
New York.@1400-2300
((Amsterdam UTC+2 time))
and the current bar of the particular session start or end haves a diffrent visual to.
The use of the 4 alerts;
buyCALL
sellCALL
OVERbought
OVERsold
is provided with message indicating timechart(for you to fill in M..),
the price value and time.
*The any alert() function call provides alerts for the session start/end.
Overall, one great indicator.
Seasonal analyses Price could be bullish until the elections or near and after. Looking at the price of gold which decline in the next few and no interest rate hikes expected during this could mean that the dollar that could gain in value. Global Green Policies that are aimed to protect the world could impact the price of energies minerals and commodities therefore strengthen the dollar. The dollar could also strengthen because the recent IPO's in the stock exchange gaining year on year.
When the altseason begins?After the recent falls, the 55%-54% range is the key support.
When this level is reached, there is a chance that the price will start to rise again to hit those who took the risk and invested all their funds during the last two falls. This is where we plan to increase our positions with the remaining free liquidity.
Should the dominance steadily strengthen below this zone, it will serve as a significant positive indicator for the start of the altseason. Even with current positions, by the end of the season the yields could be quite amazing.