SuperRare (RARE) - 100x opportunity

מעודכן
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
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2-day BTC pair ‘what if’
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הערה
One of the very few alt-tokens at the moment with the BTC pair printing support on the 200-day MA.

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הערה
"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/
הערה
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.

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עסקה פעילה
30% drop / 20 cent target achieved. Now safe to open long positions again.
עסקה פעילה
A ‘incredible buy’ signal prints on the BTC pair as a reversal pattern prints on the daily chart.

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Don’t know what a reversal pattern is? Read this idea:

Sensorium (SENSO) / BTC - A rewarding candlestick pattern
עסקה פעילה
IB signal prints on the daily chart (most alt tokens should be... )

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עסקה פעילה
The near term correction for this token is now over.
הערה
Do you see? Or am I alone?

3-day chart
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הערה
Did you see?

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הערה
an opportunity
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עסקה פעילה
הערה
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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עסקה פעילה
Now is the moment following the pullback mentioned above. That is why we don't chase, we're patient and wait for the opportunity.

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עסקה פעילה
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Support confirmed
הערה
GRM support confirmed.
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Daily chart. Do you know what this candle is?

RAD/USD
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RARE/USD
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עסקה פעילה
A move to 17 cent area is the first resistance.
עסקה פעילה
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.
הערה
When I say 'This would be an excellent moment', it is not hyperbole.
הערה
Past resistance confirms support.
עסקה פעילה
Last update "Past resistance confirms support"

Support and resistance, TA 101, so powerful.
הערה
On support
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Past resistance confirms support.

weekly
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עסקה פעילה
I doubt the market offers that 50% flush out again. Notice the hidden bullish divergence on the weekly?

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עסקה פעילה
Up around 400% from the signal 10 days ago.

This is WAVE 3, which is forecast to peak around $2

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הערה
RARE is about to pop, all 150%


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Multiple Time Frame AnalysisVolume

BTC
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Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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