Gold Foil Bargains in Chaos Legion Keep Popping Up
Gold Foil Chaos Legion Cards Keep Getting Cheaper
None of this article is financial/investment/legal advice, it contains a strategic valuation analysis of speculative assets that can be subject to market fluctuations. You are suggested to seek out a Registered Investment Advisor (RIA) for all investments and the author is not an RIA. Splinterlands' Terms of Service identifies Splinterlands/Steem Monsters as not being an Investment Company. As defined by the U.S. Code of Federal Regulations, Steem Monsters (the parent company of Splinterlands) and the Decentralized Autonomous Organization (DAO) that was published by Steem Monsters can be argued to rise to the definition of being classified as Financial Institutions in the United States. This is a duty to warn and inform given that the actions to be described regard the valuation of assets and speculation of events to take place.
For those looking to create a Gold Foil deck, flip cards or stock up on Gold Foil cards to work on land, there are opportunities RIGHT NOW to buy cards at All-Time Lows. New cards are hitting All-Time Lows given that there are over 3 million circulating Chaos Legion packs and just under 2 million Riftwatchers packs to be sold. Any sort of growth in the user base will result in greater demand, which will result in higher prices. In many ways, "investments" in Splinterlands are an act of faith in the development team's ability to navigate an antagonistic U.S. Government and successfully promote the ecosystem.
Silent Sha-vi
Silent Sha-vi remains a very cheap, but useful card. In fact, it is so cheap that is continues to make All-Time Lows. It fluctuates back and forth on each side of 50 cents per card.
Technical takeaways: Look for that 54 cent zone, if it goes above, that's a bullish sign and it is ready to keep going up. There's a lot of resistance keeping this card down, but there's a clear pathway once it clears that resistance because the next resistance point after 52-54 cent area is at 75 cents and it is relatively weaker.
Obsidian
Earlier today, Obsidian was actually cheaper on a per card basis than Thaddius Brood. Obsidian is at All-Time Lows and plenty of Splinterlands veterans want to see this card go down to $5 so they can gobble up as many as they can. However, right now it is at $6.50.
Technical takeaways: Look for that $8.50-8.75 zone as the next major resistance, if the card is to march back up. Right now, the card is falling and the lack of a clear support zone is evident. Not much consolidation is happening to form that support zone. The $10.90-$11.90 area is another resistance zone.
Tenyii Striker
This is the second fast sneak melee monster card to be in this list. This is a card that reached an All-Time Low as well. It's a new card to be mentioned hitting an All-Time Low.
Technical takeaways: Look for that $1.50-1.58 zone, this is the next resistance point. Then there's $1.70-1.80 where the next resistance forms. After this, there's room to run up all the way to $2.35. Support has not really been established yet with the All-Time Low, but sellers are dancing around $1.50, creeping just below at $1.493. If another seller jumps in and brings this down to $1.40 immediately, there could be further downward momentum if the card is not gobbled up immediately. The saving grace is the highest bid being $1.40.
Time Meddler
One tenth of a penny from hitting All-Time Lows per card, Time Meddler is also a newcomer to the "Hall of Shame" as put by some, but it is at a near All-Time Low price and that makes it a deal (off by 2 DEC).
Coming off a spike two weeks ago, where the price hit $5.14, the price is now at near All-Time Lows.
Technical Takeaway: Buying this card immediately raises the price of the card up by 6.1 cents. It's possible that this bearish run may end, but it may not necessarily spike in price again in the near term. There is resistance between $1.236 and $1.286. $1.60 would be the next resistance area and then the follow resistance area is $1.88. Time Meddler is usually settled between $1.60 and $1.88.