Megalink
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$BTC
What If a Bull Market Is About to Start?
If a bull market begins, it will naturally progress from large-cap to mid-cap and finally to low-cap coins. However, in the initial phase, most coins will rise simultaneously. While there may be some differences, altcoins could initially rise more than 30% when #Bitcoin moves 10%.
That's why it’s important to wait and select good #altcoins carefully. If altcoins don’t move again this time, we might be heading into a Bitcoin-dominated market.
The trend will likely return to #AI and #Web3 , as these technologies will continue to play a key role in the future.
Have a great day!
#Megalink
What If a Bull Market Is About to Start?
If a bull market begins, it will naturally progress from large-cap to mid-cap and finally to low-cap coins. However, in the initial phase, most coins will rise simultaneously. While there may be some differences, altcoins could initially rise more than 30% when #Bitcoin moves 10%.
That's why it’s important to wait and select good #altcoins carefully. If altcoins don’t move again this time, we might be heading into a Bitcoin-dominated market.
The trend will likely return to #AI and #Web3 , as these technologies will continue to play a key role in the future.
Have a great day!
#Megalink
#mg8 #Megalink #web3gaming
MG8 (Megalink) Chart Analysis
Fortunately, the price did not drop below $0.055. The $0.055 level is a crucial support. If this level is breached, it's uncertain how far the price could fall.
If the correction is indeed over at this point, we should see a significant upward move from here.
As a Web3 gaming platform, MG8 is rumored to be connected with Sony, with various game releases in the pipeline. There are also rumors of a KuCoin listing by November.
While this may be a challenging area, since there are no futures available, it seems wise to approach with small spot purchases.
If you'd like to keep following the chart analysis, please hit the follow button!
MG8 (Megalink) Chart Analysis
Fortunately, the price did not drop below $0.055. The $0.055 level is a crucial support. If this level is breached, it's uncertain how far the price could fall.
If the correction is indeed over at this point, we should see a significant upward move from here.
As a Web3 gaming platform, MG8 is rumored to be connected with Sony, with various game releases in the pipeline. There are also rumors of a KuCoin listing by November.
While this may be a challenging area, since there are no futures available, it seems wise to approach with small spot purchases.
If you'd like to keep following the chart analysis, please hit the follow button!
#MG8 #Megalink #Web3
#MG8 Chart Analysis
The first chart is the previous analysis.
I mentioned that if the price breaks down from this level, it could fall to the vicinity of the red line.
In that case, the WXY correction could be completed.
If the correction is indeed over, and assuming that the prior upward move is clearly an impulse wave, the initial target price could be $0.1.
This assumption is based on the idea that the $0.055 level does not get broken.
Currently, this coin is only listed on the MEXC exchange.
However, after searching various sources, I found rumors that it may also be listed on KuCoin, along with various other positive news.
This could potentially be false information, but for those who find the chart promising, it might be worth considering a trade.
Please follow me if you’d like to continue seeing my chart analysis.
#MG8 Chart Analysis
The first chart is the previous analysis.
I mentioned that if the price breaks down from this level, it could fall to the vicinity of the red line.
In that case, the WXY correction could be completed.
If the correction is indeed over, and assuming that the prior upward move is clearly an impulse wave, the initial target price could be $0.1.
This assumption is based on the idea that the $0.055 level does not get broken.
Currently, this coin is only listed on the MEXC exchange.
However, after searching various sources, I found rumors that it may also be listed on KuCoin, along with various other positive news.
This could potentially be false information, but for those who find the chart promising, it might be worth considering a trade.
Please follow me if you’d like to continue seeing my chart analysis.
#MG8 #Megalink
#MG8 Coin Chart Analysis
Before reading the analysis, please note that Elliott waves may not work as well with #altcoins .
I believe #MG8 Coin has formed an impulse wave (12345 wave). If we assume that an ABC (3-3-5) correction has occurred, then I expect a rebound to begin from now on.
The movement of this coin will likely depend on how much accumulation the big players have done.
If the impulse wave and correction are accurate, I expect an upward trend to start. However, if it declines, we should also consider the possibility of a lower low.
Isn’t this kind of movement the charm of altcoins? MG8
Please follow me to keep up with my chart analysis.
#MG8 Coin Chart Analysis
Before reading the analysis, please note that Elliott waves may not work as well with #altcoins .
I believe #MG8 Coin has formed an impulse wave (12345 wave). If we assume that an ABC (3-3-5) correction has occurred, then I expect a rebound to begin from now on.
The movement of this coin will likely depend on how much accumulation the big players have done.
If the impulse wave and correction are accurate, I expect an upward trend to start. However, if it declines, we should also consider the possibility of a lower low.
Isn’t this kind of movement the charm of altcoins? MG8
Please follow me to keep up with my chart analysis.
#bigtime #Megalink #carrieverse #web3 #p2e
About the Web3 Market
When discussing blockchain, Web3 is an essential part of the conversation. Additionally, the games being developed within this space are also crucial. While coins like Sandbox and Decentraland are great, it's unfortunate that they haven't yet progressed in terms of connecting networks. However, there are a few projects that are moving forward in the form of games, such as Big Time, Megalink, and Carriverse.
At this point, it might seem laughable to talk about Play-to-Earn (P2E), but I believe we're at a low point now, and there's potential for a better outlook, which is why I'm writing this. Of course, these could end up going to zero, but I believe it's better to invest in things that have substance rather than in things that lack any real foundation.
If the P2E and Web3 themes make a comeback, this could also look promising.
About the Web3 Market
When discussing blockchain, Web3 is an essential part of the conversation. Additionally, the games being developed within this space are also crucial. While coins like Sandbox and Decentraland are great, it's unfortunate that they haven't yet progressed in terms of connecting networks. However, there are a few projects that are moving forward in the form of games, such as Big Time, Megalink, and Carriverse.
At this point, it might seem laughable to talk about Play-to-Earn (P2E), but I believe we're at a low point now, and there's potential for a better outlook, which is why I'm writing this. Of course, these could end up going to zero, but I believe it's better to invest in things that have substance rather than in things that lack any real foundation.
If the P2E and Web3 themes make a comeback, this could also look promising.
