UFOWETH is going to retest the local support zone. It may bounce back from here and retest his resistance again.
1-Always use stop-loss.
2-Always do your research
3-Wait for the confirmation before jumping into the market.
strong momentum being shown.
will see what it does as it approaches the ATH
and what kind of structure it builds
or if it is to go right through
I see it is now listed on Bitmart and Gate.io
so strides are being made by the team obviously.
The metaverse stands to become a large part of life as many know it
in the years to come.
EA among many other giants have endorsed the crypto gaming metaverse.
small amounts of exsposure in your crytpo portfolio (if u have one)
would be wise
Could be a fad obviously
Just like VR before it in the 90s
But the better graphics and tokenomics using the...
eurcad on the daily timeframe shows that it is in the demand area with a support key level of around 1.477 . as long as it holds above it is potential for a pullback and continue strengthening to at least 1.492 . don't forget to put a stop loss, have a nice trade
Alien metals (UFO) after an 8-month correction seems to be about to turn up again judging by:
- A momentum turning up
- A reverse head and shoulders pattern
- A price above the 50-day and 200-day moving averages
- A positive Ichimoku set up
Knowing that last year's up leg ended up with a multiplication by 30 of its price, before correcting, UFO could this time...
Idea for UFO, stocks and indices:
And there shall be upon every high mountain, and upon every high hill, rivers and streams of waters in the day of the great slaughter, when the towers fall.
UFO PT: $11
BTC PT: $6k
SPY PT: $60
UVXY PT: $1100
FEDFUNDS PT: 60
Space ETF (UFO):
The UFO is a space-related stocks ETF, it is traded 1.2% down yearly.
3 Month Avg Volume 38.1k
1 Month Avg Volume 78.1k (2X)
(Name / % ETF position size)
1. IRDM 5.95%
2. ORBC 5.66%
3. MAXR 5.30
4. TRMB 5.29%
5. LORL 5.02%
If we break the rally into the Eliot impulse wave we can see :