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SuperRare (RARE) - 100x opportunity

已更新

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’

註釋

One of the very few alt-tokens at the moment with the BTC pair printing support on the 200-day MA.

註釋

"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/

註釋

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.

交易進行

30% drop / 20 cent target achieved. Now safe to open long positions again.

交易進行

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:

Sensorium (SENSO) / BTC - A rewarding candlestick pattern

交易進行

IB signal prints on the daily chart (most alt tokens should be... )

交易進行

The near term correction for this token is now over.

註釋

Do you see? Or am I alone?

3-day chart

註釋

Did you see?

註釋

an opportunity

交易進行

註釋

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