#JEWELUSDT - Potential 800%#JEWELUSDT
#DEGENPLAY
Beautiful break out - from this decsending consolidation. Starting to change structure. With bull fever this should go easily 2x and possible 8x+. Big uRSI signal
🌛 High risk speculative shitcoin trade
🚀 These are not formally tracked or personally traded
JEWELUSDT trade ideas
JEWELUSDTBeen a while since ive charted this but its given one last shot at buying the accumulation zone here!!
4ishx incoming over the next few months imo
1.618 fib extension for the 1st target once we reclaim the high
looking like a solid cup and handle in the works here...
JewelusdtWidely popular game towards the end of last hype cycle, ran to ~40$ per jewel..
Thats a ~420x from here..
Given its initial popularity and high collectibility/fairly solid tech, wouldn't be out of the question to see the highs revisited in coming years..
JewelusdtHighest volume in about a year coming in here, up about 10% from the trendline breakout..
Went back onto defikingdoms recently to see if my old profile was there and was pretty impressed with the mobile application and the functionality after bridging from harmony chain, still on 4 other chains I think including its own dfkchain subnet I believe...
Think after seeing how well the project has been managed through thin liquidity times and its current functionality that this would be the low valuation as old players return to check in with their kingdoms..
Appears still as oversold as is possible and with other multichannel thesis coins pumping, rune/sol for example, the suggestion is the entire network is useful and can coexist harmoniously in the future without too many winners or loosers just multichain functional economy for different sectors, this being said, defikingdoms with its initial popularity and stylised game play should start to be more active as the networks start to heat up again...
The 108% target is the 0.618 of the recent bear market down move, recalling this thing was once valued upto 20$~ jewel that targets pretty reasonable..
JewelusdtLooks like its as oversold as is possible....
Completely forgotten about project but was a very popular crypto game towards the end of the last hypecycle
177%~ to low range high..
Was trading at like 20$ per jewel at the peak of the hype..
Could be worth buying and staking a farming position around here if the games still active...
Always be bearish on this No need to explain this shitcoin is always bearish.... no more explanation is needed
DefikingdomsAccumulative zone
Holding the .618 here
If market sees a recovery period then 1.618 and
2.618 on the cards for this uniqe project
Long position on jewelThere is a good opportunity to make a profit. Enter with a small percentage of capital and then quickly withdraw the profit and principal.