FB Meta Platforms: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Met Platforms, Inc. (FB).
The chart is self-explanatory. Price has strong S/R areas noted in the chart. There was a recent 1D chart Death Cross last month that should have given an indication that price movement was coming soon. With the traditional markets and the economy a concern, there may still be more downside to go.
Included in the chart: Trend line, Support and Resistance Lines, RSI , MFI, MACD, Rising Wedge Pattern, Death Cross, Simple Moving Average, EMA Ribbons, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have additional charts below on cryptocurrencies, stocks and more to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Metaplatform
Facebook/Meta Platforms Analysis 17.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
FB Meta Platforms: Upside PotentialHello friends, today you can review the technical analysis on a 1D linear scale chart for Meta Platforms, Inc. (FB).
1) The price is currently in a Double Bottom Pattern with the potential of coming to a breakout area.
2) If price breaks out of the Double Bottom Pattern, it would move back inside a Parallel Channel it has been respecting since February 2020. It fell out of the channel in early October 2021 and has tried to regain access back into the channel.
3) The Volume is consistent.
4) The RSI (relative strength index) has a resistance line which the RSI is coming close to.
5) If price reaches the Double Bottom Pattern target, it would be a 20% upside move.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Meta is going down ?Hello there Im new to investment just hope this help it looks like in trendlines of 4hr timeframe the fb broke the lines well hope it helps somoene thank you for reading NASDAQ:FB it looks like it broke trendlines at 4hr chart and it looks like it would go down for quite a bit for now (ps i wish i could upload a picture but I still can't hope it helps with information and hope in a future i will be able to givbe more info)
META Platform - Metaverse Mark Zuckerberg's recent announcement that Facebook will be renamed Meta has sparked a lot of buzz around the topic.
The metaverse is an iteration of the Internet portion of virtual reality often in the form of social media.
The metaverse in a broader sense can refer not only to virtual worlds governed by social networks but to the entire spectrum of augmented reality.
Zuckerberg changed the name of the company only, not the brand of the social network. Let's remember how Google became Alphabet 6 years ago. It's the same thing.
What is important is something completely different. How many of you watched the Meta presentation, the primary source of information on what's going on? I think only a few people. In this presentation, the most important information - what is (more or less) specifically invested in the concept of "METAVERSE" in the thoughts and plans of Facebook.
An hour and a half of study can affect what you do for the next 20 years. No kidding. We are on the verge of a breakthrough. Up or down is another question. I have doubts whether a person should take on the role of the creator of new worlds. What exactly is a new big thing that opens up opportunities to jump on a train when it is just starting to move. Therefore, I advise you to watch the presentation! This investment can open up completely new horizons.
fb.watch
During isolation, many people will be willing to try to realize themselves in a new world, re-create themselves (avatars) in the meta-reality and do something. I think this idea will appeal to many people, especially young people who play computer games. Therefore, we are moving along the trend.
A very good example of what is happening now is the Ready Player One movie. It is a 100% reflection of today's trend.
This is not the future that was predicted 50 years ago, but it is one of the variations.
