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Insiders are selling Roblox ! Heres the levels you need to knowIn this video I lay out a solid plan for a move to the downside for Roblox after a 100% move to the upside since April of this year . I demonstrate why I believe we will take a 30% retracement and provide confluent evidence to support this theory. There are some fundamental reasons that I also did include alongside the technical analysis which is not my regular style but important given the context. Tools used in the video 0.382 Fib , Standard Fib pull, Trend based fib and pivots .
NYSE:RBLXShort
by SJTRADESFUTURES
2
Beam $Beam #Beam Beam is a perfect example of why you look at things on multiple time frames before you just make a quick decision on if something looks good or bad from just one point of view. It has had a rather deep correction and still could go lower. However, if you really understand the project as well as the type of heavy influencers it has behind it. It should be a somewhat easy buy/DCA at these levels especially if you have no exposure yet to it. most think it is going to be 20-50x + from this level by the end of this cycle. It also is a Gaming project that could end up being one of the few that ends up with real world utility proving that it ends up if not this cycle, then maybe the next. Being immune to Bear winters in the way other projects get. Not sure what you know about gamers, but they don't operate in 4-year cycles, lol these guys play 24/7365 and often even more during holidays. Regardless of if it goes lower or not IMO these are good entries to begin with for future gains. As for the charting shared and my indicators you can see that it looks a lot better on the daily then it does on the weekly which clearly has a strong sell signal currently. However i feel the daily looks close to throwing up a BUY signal and it could be about ready for a decent bounce even if just temporary. Only you know what your time horizon is and if you're trying to invest in your future and or make a swing trade vs a day/short term trade. IMO Don't sleep on BEAM If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made a appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all through the bear building was killed by X and now I'm starting over from scratch. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
by rarebreed29
The Rise of Merit Circle TokenWhile the idea driving the Merit Circle Token is not completely novel, the project itself emerges as a pioneering Decentralized Autonomous Organization (DAO) with the mission of maximizing value accumulation across various virtual games in the metaverse. Its platform operates at the crossroads of capital, expertise, and players – symbolizing investors, the platform itself, managers, and naturally, gamers. The potential gains that the initiative has the capacity to generate could potentially translate into transformative income for a subset of the gamers who are actively involved. The players have acknowledged the significance of the undertaking and the scholarship initiative that has been instituted for their benefit. Impressively, there are presently over 500 scholars deeply engaged in the Axie Infinity game. Substantial revenues are already streaming into the Merit Circle Token, which not only bolsters the DAO itself but also benefits players and liquidity providers. Anticipated inflows are on the horizon, particularly since the Merit Circle DAO is embarking on new ventures within the metaverse by venturing into novel games. In addition, Merit Circle Token boasts an enviable array of partners, counting DeFiance Capital, Spartan Group, Yield Guild Games, and more among its ranks. These and other entities stand as front-running names in the industry, commending Merit Circle Token for crafting a scalable operational mechanism that proficiently nurtures, integrates, and sustains fresh participants. Arthur of DeFiance Capital even expressed his belief that "Merit Circle Token will emerge as one of the prominent guilds with the power to shape the metaverse." Every single partner, alongside a cohort of angel investors, threw their support behind the enterprise during its initial funding phase, culminating in an impressive $4.5 million raised to drive its ambitions forward.
MLong
by SophiaAnderson
Keep your eyes on AXS per SLP!Recently AXS has been outperforming almost everything, including SLP. The metric of how many SLP one AXS token costs is extremely crucial for the Axie economy because it impacts the breeding fees, price of axies, and more. So it's important to watch this metric as Axie Infinity players even if we don't trade it (not a "listed" pair). It looks ready to rise to a new all time high of 450 SLP for each AXS before falling as low as 225 SLP per AXS. This fall should probably be expected to lead to a very long and boring consolidation, similar to what ETH VS USD showed recently on the daily time frame (see our recent idea on ETH, where we predicted the triangle pattern long before it happened). For breeders, this is very good. We can get AXS to breed easier. For SLP farmers, this is even better. You can funnel SLP earnings into AXS and hold, waiting for the next leg up. For traders however, this spells disaster since AXS could decrease to make this move happen.
Short
by bowtrix
ENJUSD: Parabolic Growth Looms!What is Enjin (ENJ)? Enjin Coin (ENJ) is a cryptocurrency and blockchain platform designed for the video game industry. It was created on the Ethereum blockchain by Enjin, a company that helps over 20 million gamers create sandbox forums and communities around their favorite games. ENJ was the first Gaming Token Approved in Japan, which I expect to continue into the future with other countries! The Hype Around Gaming Cryptos is immense don't doubt that! ENJUSD Looking to continue its parabolic trend into the future. Want To Start Compounding Your Crypto? Start Replicating What Experienced Crypto Investors & Traders Do To Consistently Profit In This Volatile & Emotional Market! Receive Crypto Trading Signals & Copy Our Portfolio Learn Trading & Investing 'Best Practices' Consult With Like Minded Crypto Investors & Traders Join The Crypto Collective Link Below! Keep #ContemplatingCrypto BINANCE:ENJUSD
HITBTC:ENJUSDLong
by contemplatingcrypto
8