Long
GAMEBTC found strong support at 0.00110250 (0.5 Fib)
GAMEBTC appears to have found a strong support at 0.00110250 (0.5 Fib). This point could serve as a good entry point for future trades. I'd wait for a correction of the current rise to the 0.618 Fib or 0.5 Fib for an entry.
Targets wise we can look at 1.272 Fib (0.00200960), 1.414 (0.00217645) Fib for a decent profit.
Targets wise we can look at 1.272 Fib (0.00200960), 1.414 (0.00217645) Fib for a decent profit.
Note
The BTC rally today has impacted altcoin prices. In situations like this, the market becomes very emotional and unpredictable. Naturally, most alts took a plunge. We need to wait for the market to settle before continuing our analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.