Floor and listing depths at the time of writing:
Checks VV Editions: .67, 65 listings to .76
Checks Originals: .37, 56 listings to .5 eth
Opepen: .33, 106 listings to .40
Merge: .02, 107 listings to .025
Matchbook: .005, 450 listings to .01
This Artwork is Subject to Change: .048, 103 listings to .06
Seizon: .194, 100 listings to .26
Otherdeed: `1.56, 204 listings to 1.67
HV-MTL: 2.149, 107 listings to 2.36
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TA on This Artwork is Subject to Change:
This Artwork is Subject to Change went for a slight run before failing at resistance and coming back down to .05. You will see here that we are right in the golden pocket for entry. Volume is still here so if you believe in the project, I would consider this a strong buy. If you’re on the fence, waiting for consolidation here and for to stay above regression is also a play as well.
Your take profit 1 zone is in the .11 area and can be seen in the bottom chart.We don’t have enough data for a tp2 or tp3 but buying in 3s always helps in these scenarios aka sell one or 2 to cover your costs, sell the third at your discretion based on risk tolerance.
Please also note the rsi trends in this chart here. Everytime rsi is around 51, we tend to go higher. Something to watch
The play I currently see and again this NFA, im going to wait until we test the low again before an entry. With how the markets playing out and crypto pumping, we should see the old low due to volume.
TA on Renga:
We can see here on Renga that it’s been on a downtrend since February. However recently we reversed this trend and broke prior support(see green lines). If momentum continues here a possible scenario is a pump to regression followed by a short decline. If support held after bouncing off regression without breaking support, we can start to test prior highs.
If support here is not held, then testing the local low is likely. This where the current golden pocket is(see gold square). If support does not hold in the golden pocket then a new low is likely( see red arrow).
TA on Chimpers:
Chimpers is overall bearish at the moment. Regression is heading down and overall chart is trending downwards. Each time there was an attempt to break resistance, this has headed lower. Watch for a retest of local high before making a decision.
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TA on Deadfellaz:
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