SuperRare (RARE) - 100x opportunity
Aktualisiert
On the above 1-day chart price action has corrected 90%+ since October last. A number of reasons now exist to be long, including:
1) The ‘incredible buy’ signal prints.
2) Price action and RSI resistance breakouts.
3) Volume . I don’t know why, there’s a lot of accumulation on various exchanges for this token over the last month. Someone knows something I don’t.
4) Everything that was said above also applies for the BTC pair (see 1-day chart below).
5) This is a ‘what if’ list token and already has met the required conditions. See 2-day BTC pair below. Double ‘IB’ signals!
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 4 to 9 months
Return: 100x
1-day btc chart
2-day BTC pair ‘what if’
1) The ‘incredible buy’ signal prints.
2) Price action and RSI resistance breakouts.
3) Volume . I don’t know why, there’s a lot of accumulation on various exchanges for this token over the last month. Someone knows something I don’t.
4) Everything that was said above also applies for the BTC pair (see 1-day chart below).
5) This is a ‘what if’ list token and already has met the required conditions. See 2-day BTC pair below. Double ‘IB’ signals!
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 4 to 9 months
Return: 100x
1-day btc chart
2-day BTC pair ‘what if’
Anmerkung
One of the very few alt-tokens at the moment with the BTC pair printing support on the 200-day MA.Anmerkung
"Italian high-end luxury brand Gucci is venturing further into Web3.The Florence-based company is buying into its first decentralized autonomous organization (DAO) via a new partnership with non-fungible token (NFT) marketplace, SuperRare.
With its buy-in, Gucci is launching the “Vault Art Space,” an exhibition that will include a selection of NFT artworks by 29 artists."
coindesk.com/business/2022/06/23/gucci-invests-25k-in-nft-marketplace-superrare-to-start-digital-art-vault/
Anmerkung
The weekly chart is suggesting a 30% drop could occur if that reversal candle confirms. An additional accumulation opportunity may exist around the 20 cent mark. Not certain, just a possibility.Trade ist aktiv
30% drop / 20 cent target achieved. Now safe to open long positions again.Trade ist aktiv
A ‘incredible buy’ signal prints on the BTC pair as a reversal pattern prints on the daily chart.Don’t know what a reversal pattern is? Read this idea:
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IB signal prints on the daily chart (most alt tokens should be... )Trade ist aktiv
The near term correction for this token is now over.Anmerkung
Do you see? Or am I alone?3-day chart
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Did you see? Anmerkung
an opportunity Trade ist aktiv
Anmerkung
First ever weekly buy signal on this one. Don't FOMO. A pull back should occur, maybe.Remember this is a 100x idea, it will take some months, use those opportunities to increase you position size on the way up if you're using the tools.
1-week chart
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Now is the moment following the pullback mentioned above. That is why we don't chase, we're patient and wait for the opportunity.Trade ist aktiv
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Support confirmedAnmerkung
GRM support confirmed.Anmerkung
Daily chart. Do you know what this candle is?RAD/USD
RARE/USD
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A move to 17 cent area is the first resistance.Trade ist aktiv
Score moves above 20 for the first time in months. A positive move in price action should be in the post if my scoring is to mean anything.Anmerkung
When I say 'This would be an excellent moment', it is not hyperbole.Anmerkung
Past resistance confirms support.Trade ist aktiv
Last update "Past resistance confirms support"Support and resistance, TA 101, so powerful.
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On supportAnmerkung
Past resistance confirms support.weekly
Trade ist aktiv
I doubt the market offers that 50% flush out again. Notice the hidden bullish divergence on the weekly?Trade ist aktiv
Up around 400% from the signal 10 days ago.
This is WAVE 3, which is forecast to peak around $2
Anmerkung
RARE is about to pop, all 150%
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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