I’ve been getting into more GamingDefi. I found this new “call of duty” style game on Epic Games. Launcher for games likes Fortnite, Dauntless, Rocket League called Shrapnel. Token $SHRAP; $60m market cap, 3b total supply. I think this game has potential, I recently bought a pack to access gameplay there’s 3 tiers, more information in the link. Unfortunately there...
SHRAP/USD (Shrapnel) gaming coin formed a massive ascending triangle on the daily timeframe. Full send after a breakout. There is a probability to see a $1.00 per coin during this ALT rally.
Shrapnel is the first AAA FPS in web3 with an outstanding US-based team and strong community.
Update on SHRAP - it's been recovering nicely after a 60% retrace, and now is trying to break about the weekly order block previously set on it's initial run up, clearly helped by AVAX's recent pump.
SHRAP may encounter resistance here and retrace before it pushes above...
Shrapnel is a AAA web3 FPS building on an Avalanche subnet - Items and characters are NFTs, and they just launched $SHRAP, which will power the whole economy inside the game. They have industry veteran team (some of whom I've had the pleasure of interviewing) and they are based in the US, in Seattle. Oh yeah, and their version of "influencer marketing" is Arthur...
## SHRAP Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **SHRAP:** An inflationary token launched alongside the BombSwap decentralized exchange (DEX).
* **Launched:** July 2023.
* **Market Cap:** ~$70 million (as of Feb 27, 2024).
* **Rank:** #497 on CoinMarketCap.
* **Unique Features:**
* Initially used for liquidity provision and...
This is my favorite style of swing trade, a token or stock that has proven hype and momentum, a correction down, allowing time for a standard fib retrace to be drawn. Then, another formation of a momentum trend line, we are testing the golden fib here which is bullish, it could take a few attempts to push through. 33 cents short term, new all-time highs medium...
On my chart you can see that price found support level after 2 months pullback and now we see reaction. Also I see divergence on h4 timeframe. Price left liquidity compression with red OB and Imbalance , at first I want to see price going to red block and next making ATH. How higher it can go I don't know, but I know that big venture Polychain Capital supports the...
T=0.53$
The Adam and Eve chart pattern represents a distinctive formation that indicates potential trend reversals in the market.
Characterized by a sharp, V-shaped ‘Adam’ peak followed by a more gradual, rounded ‘Eve’ trough, this pattern is a key tool for technical analysis.
Traders often use the Adam and Eve pattern to identify buying opportunities, with the...
from the team of the ff
Call of Duty
Halo
Splinter Cell
Dota
Pokemon GO
a Unicorn ++
Strategy: buy hold and upsize
driver: Avax GAMiNG tech as preferred choice of GAME DEV
validation: Q1 2024
--
BodyClock: NakaMoto
SHRAP is currently consolidating between both down ⚡trends and up ⚡trends lines. From this moment forward depending on which way the price will move (either abover our trend lines or beneath them) we may see strong price movement to either direction. Our RSI is currently sitting at the 50 range aswell indicating it could go either way. However, given that this...
Shrap is looking to reverse, the supertrend last time it flipped bearish on this token lasted about 3 days. We are about that point, and the EMAs are looking to even out. A downward trend is noted with heavily dropped volume. I do not expect the token to fall below the red dashed line for long but it is possible. More likely would be a retest of the light blue fib...
Very simple idea, 2-simple?
Shrapnel looks super strong and healthy. I buy and sit on my hands for a while. I think it's possible to ride on SHRAP for months from now.
I wan't wait for more hype :) or deeper pull back!
The twitter chart goes parabolic (measure it day by day). Sometimes this is early signs what's coming with the price.
Shrap broke the momentum and was rejected at the fib extension and has the current fib as support. The high grade momentum has been broken for the time being (teal line). Volatility and volume are cooling off as traders rotate into AVAX which is pulling a Sol level multi day pump right now. If BTC behaves I think we see a rotation back into the Avax ecosystem,...
Shrap is exhibiting a textbook momentum setup. The pullbacks are in a nice trending line, not too fast, not too slow. An overall upward trend is forming with growing rSI. Fib extensions have been respected for the most part. The 4-hour demand is rather large with the indecisive red candle with the long wicks to either side. Avalanche gaming and gaming in general...
Shrap is a gaming token on Avalanche, as you know I am a huge avalanche enthusiast and bull. Shrap has been respecting fib extensions pretty decently despite being a newer token. The golden fib .5 is pretty important for momentum signals. Shrap needed the previous consolidation phase that was seen a while back and is looking to put in new fresh highs. Volume is...
if the trend continues then it may go higher.
BTC doesn't seem happy, it might drag everything down. be careful
entering the trade on the trend line, TP, SL on the chart.
Good luck
#NFA.
Shrap is a 3ull type play for me that I hold because I believe the narrative will perform and I will multiply my AVAX tokens by having some exposure. If the ecosystem ends up performing well I will hold on to some of the tokens longer term. A trend line is forming and I have been buying on the 20ema bounces. The token has really only dipped below the 20 ema for a...
