Head and shoulders pattern is considered to be one of the most reliable trend reversal patterns. This pattern is renowned for its three peaks. The one in the middle is the highest (head) and on each side is a smaller one (shoulders). To trade this pattern, it’s recommended you wait for pattern to completely appear and then after the price breaks out (price moves lower then neckline). The most common entry point is when the neckline breaks. Then, a SELL trade is usually placed.

This pattern is often used to determine when a bullish trend is coming to an end. It often appears after an uptrend and it can indicate an upcoming trend reversal (from bullish to bearish). You can also sometimes find the opposite of this pattern which is called Inverted head and shoulders (and usually signifies turn from down- to uptrend).

As a second pattern, we have Cup and Handle. This often appears after a downtrend (as can be seen below) and it tells trader that he should place a buy order or buy immediately, because an uptrend is likely to follow. It can be recognized when trading candlesticks form first bigger bowl (cup) and then the smaller bowl (handle) is formed.

Cup and Handle often signalizes a change in markets, from bearish to bullish.

Next pattern is called Flag. This is generally regarded as a bullish pattern. It can be found by looking for candlesticks that form the shape of a rectangle pointing downwards. It should be missing its right border. It’s important that the flagpole precedes it (as shown below).

The Flag pattern is mostly used to determine if the previous trend (uptrend) will continue or not. While Flag pattern may show us that the uptrend will continue, it is also important to take a look at the traded volume to see if the trend is able to succeed.

This pattern can be put into the same category as the next one. Both of them are useful when you want to identify whether or not a cryptocurrency is in an uptrend or a downtrend. First lets talk about Higher highs. If the cryptocurrency is constantly hitting higher prices we are talking about uptrend. This can indicates the bullish trend of the crypto as more investors are ok with paying higher and hogher price.

Tying into the previous pattern… Lower lows. As higher highs indicate bullish trend, the Lower lows indicate bearish trend. When the price of a currency is constantly hitting lower and lower prices, we are talking about downtrend. It means that investors are selling and buying cryptocurrency at lower and lower prices. This pattern may be scary for some investors as they see the price going down, but you should keep calm (Patience is a virtue!) and just look for patterns that could indicate the change in the trend like the Flag or others.

As our last pattern in this article, we would like to describe the Wedge. The Wedge will be performed when candlesticks form a sideways positioned and (usually) elongated triangle. By definition, this happens when the price is hitting lower highs and higher lows simultaneously. With the help of two imaginary (or drawn) straight lines, you can determine the breaking point of the pattern — the tip of the triangle — often times even before it happens.

Typically the Wedge is used when a trader wants to look for a price reversal. By that, we mean if the cryptocurrency is trending more upwards in the wedge, the currency may then turn into downward trend.

Thank you for reading.

Backed by new cards, new mechanics, and new ways to play, Spellfire: Re-Master the Magic is a fascinating project for both new and established audiences.

The introduction of Play-to-Earn and Augmented Reality features ensure we meet the demands of the modern-day gamer. We have created the concept of Original NFT Cards to allow our community to profit while playing the game they love.

Spellfire deserves a unique identity, fit to represent the future goals our team has for the project.

Behind the scenes, our talented developers and artists have combined their skills to produce Spellfire’s new image, one that allows our cards to be showcased in new and interesting ways.

Importantly, Spellfire’s unique identity is now front and center, instead of spread across the web on various platforms. Everything is just a few clicks away.

Our updated and redesigned website is launching soon, and with it, we’re bringing a bunch of new and exciting features. We’re about to make waves in 2022!

Stay tuned, we will share more with you soon! Join the Spellfire Discord, Telegram, and Twitter communities.

Spellfire — Connecting the physical, the digital and the augmented realities together. Bringing 30 years of History to the Blockchain.

Original NFT Card owners earn up to 10x Return on Investment from the sales of Playing NFT Cards.

Bitay, Turkey’s most trusted cryptocurrency exchange, is joining the $21 billion NFT revolution with its own NFT platform allowing its users to interact, store and transact NFTs directly on the Bitay platform. However, the wait will soon be over as Bitay NFT Marketplace will be available to everyone in early February 2022.

Users who want early access to Bitay NFT Marketplace can sign up to their waiting list with their email. Users will receive NFT Marketplace access, including the official launch date, roadmap update, and possible giveaways that will run in anticipation of the release.

Bitay is joining the revolution of reshaping digital ownership through their own NFT Marketplace. On the platform, users, regardless of their sign-up status, can mint, collect and showcase their NFTs to every participant. Every user that signs up to the waiting list will have prime access to the platform functions first.

Waiting list registration is available for every user above the age of 18 because it is structured on the referral system. Every user can increase in ranking by inviting new members to join using their unique referral link. Because NFTs are built and derived from the notion of community, referring users with similar interests helps cultivate a healthy ecosystem. And that needs to be rewarded.

Referral ranking has two components and considers the time when the user registered and the number of unique users that registered through their link. Rankings are recalculated each time a user signs up. Once the registration period is over, users will receive invite e-mails starting from the number one ranking user.

The waiting list registration page has a dedicated section for creators, where ranking and rewards will be dependent on registration time and NFT art quality.

NFTs have emerged as a new form of empowering digital creators in the new economic landscape, where sub-sectors are no longer excluded. NFTs have emerged as a highly useful blockchain byproduct that inherited similar investment risks given their unique characteristics.

Bitay NFT is launched on the Ethereum protocol, targeting both buyers and creators. Buyers can transact NFT and store them on the platform, while creators can mint and promote their assets.

In the initial release stages, creators joining Bitay NFT can create and mint visual NFTs. In the future, additional functions, including audio and video NFTs, will be made available, expanding each user’s creative and reward possibilities.

Creators can quickly create, mint, and sell their NFT, which are authentic non-fungible tokens that are the 1 to 1 representation of a digital or real-life asset. In addition, creators will be able to run the minting and selling process from within the platform, thus gaining faster access to the emerging world of digital ownership.

NFTs have emerged as a new form of empowering digital creators in the new economic landscape, where sub-sectors are no longer marginalized. Moreover, given their unique characteristics, NFTs have emerged as a highly sought-after blockchain product that inherited similar investment risks.

New NFT marketplaces that expand the usability of NFTs will help develop the idea of digital ownership into the mainstream. Bitay offers a new opportunity to join the NFT wave in 2022.

Take advantage of the new Bitay NFT Marketplace by joining the waiting list to be the first to know when minting goes live!

Bitay Global is a digital asset exchange based in Estonia. In its firstcountry of operation, Bitay went live in Turkey, Q4’2019. Today, around700K Turkish users trust Bitay to invest, trade and spend cryptos. At Bitay Global, our mission is to accelerate the growth and proliferationof the cryptocurrency ecosystem with a wide range of intuitive,accessible, and efficient solutions that are geared towards real-worldadoption. We now take it to the next level and make Bitay services available in untapped markets. Our goal is to build the most preferred exchange ofthe emerging markets.

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Celer is an operating system for multiple blockchains. An example of an operating system is Windows which drives computers and laptops.Celer allows developers to create decentralized apps for the crypto sector. The apps work in a decentralized manner or without an intermediary. Celer facilitates cross-chain transactions across several blockchains. It also supports various cryptocurrencies and allows their buying and selling and the network can process transactions at high speed. The costs for trading are also affordable compared to other platforms.https://twitter.com/CelerNetwork/status/1501714726023155712

CELR works as the native token of the Celer network. It relies on the Ethereum blockchain and is available for trading on different exchanges.CELR allows users to pay charges and fees on the platform. It is also used to provide incentives to different stakeholders and people who deposit their coins in a fund pool.

CELR is now trading at $0.036 with a decline of 3.9% in value in the last 24 hours, as per CoinGecko. In the last month, the coin has climbed down in prices by 33.2%. However, has CELR recovered a bit in the past fourteen days and recorded a dip of 13.2%, it has also improved in value in the past week and the loss stood at 3.4%.In the coming days, CELR may be trading at $0.068 by May 2022, according to Gov Capital. They also think the token may even attain the highest price of $0.078. However, it might also go down to the lowest price of $0.058, but in September, Gov Capital feels CELR may increase to $0.081. They also predict the maximum and minimum prices to be $0.093 and $0.069 respectively and that the token could be selling for $0.124 in December. Next, we will check out what Price Prediction has to say. The platform thinks CELR may climb to $0.040 by May 2022. They think the token may reach a maximum of $0.042 or a minimum of $0.039. By September, they forecast CELR to trade at $0.045. By December, Price Prediction feels the coin could increase in price and amount to $0.051 and they predict the maximum and minimum prices to be $0.055 and $0.049 respectively.As per Wallet Investor, CELR is an “awesome” option to invest in, as prices may climb to $0.102 in another year.

Predictions indicate CELR may perform well in 2022. However, the predictions are not always accurate as the crypto market is highly volatile; meaning that prices can change without notice or against expectations. We recommend you invest wisely.

GemFi is a decentralized P2E game on the blockchain platform, pioneering Cross-chain bridge that significantly improve game efficiency. GemFi integrated with five modes: NFTs +Game+ Tokens+ DeFi+ SocialFi. Metanity is one of the sub-project of GemFi, where can create, explore and tradethe user owned NFT ID in the metaverse.

Metanity NFT ID Advantages:

Using the tester network in GemFi is free for everyone. However, you will need to own at least one characters for enter the game to play it. In addition, each NFT character belong to different race with specific attributes. The race determines the the appearance of character, the attributes determine the capability and benefits of the character in the game.

You are one-of-a-kind in this universe. The NFT identity enable link to latest Cross-Chain and Cross-Layer Interoperability in crypto networks provide transparency into the ownership of each user, efficiently to detect identity fraud(i.e. fake ID, identity theft), and also be able verify users’ identity instantly and accurately.

Metanity NFT ID is the undoubtedly the next frontier in the future of decentralized Web 3, where users can create and own their identity that are not confined to just one chain, but have access to a complete blockchain ecosystem where they can interact with any NFT marketplaces or decentralized game to deliver a ultimate experience with us.