Gamecredits - Buy opportunity - High reward/risk ratio
Updated
Hello friends!
I hope you are all having a wonderful day!
Let's take a look at Gamecredits today!
This coin came under my radar thanks to someone who PMed me! Very much appreciated!
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Now, let's get into it:
This is a daily chart of gamecredits.
This idea is based on moving averages and trend reversal.
We have bottomed out and we are looking at an uptrend with huge growth potential.
MACD is moving in our favour for a long position. EMA50 about to go above MA50 for our uptrend.
Targets are the fib levels I labelled on the chart. Sell orders should be placed below that to ensure your orders get filled.
Stop loss is 20448.
- Risk to reward ratio for first target is: (23576-20448):(54275-20488) = 3128:33827 = 10.81!!!!!!!!!
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***Diversify
***Never chase
***You should be relentless in locking in profits. YOU NEVER LOSE!
***Be conscious of your breathing pattern when you trade. You must stay calm.
Cheers,
Much love and I wish you all a wonderful and profitable day!
I hope you are all having a wonderful day!
Let's take a look at Gamecredits today!
This coin came under my radar thanks to someone who PMed me! Very much appreciated!
----
Now, let's get into it:
This is a daily chart of gamecredits.
This idea is based on moving averages and trend reversal.
We have bottomed out and we are looking at an uptrend with huge growth potential.
MACD is moving in our favour for a long position. EMA50 about to go above MA50 for our uptrend.
Targets are the fib levels I labelled on the chart. Sell orders should be placed below that to ensure your orders get filled.
Stop loss is 20448.
- Risk to reward ratio for first target is: (23576-20448):(54275-20488) = 3128:33827 = 10.81!!!!!!!!!
-----
***Diversify
***Never chase
***You should be relentless in locking in profits. YOU NEVER LOSE!
***Be conscious of your breathing pattern when you trade. You must stay calm.
Cheers,
Much love and I wish you all a wonderful and profitable day!
Comment
Btw, asians can make math mistake, too.Sorry about that!
- Risk to reward ratio for first target is: (23576-20448):(54275-23576) = 1:9.94
Still pretty damn high I'd say!
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This is a weekly chart, clear HODL!
We can at least touch EMA50!
From the 4 hr chart, there will be a dip for the hours to come.
If you want to join, around 2100 or even below is a good buy!
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How we can play GAME today!
LET'S PLAY A GAME!
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We are moving!Trade active
Targets: (these are fib level targets)- 00054
- 00085
- 00125
- 00155
- 00310
- 00500
You can decide how much you want to sell at each target.
It might take weeks, or even months, to reach our higher targets.
Nevertheless, I want to emphasize this golden rule again: you never lose when you lock in profit.
Cheers!
Enjoy the ride!
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great day ahead of us!Trade active
I'm telling ya I know my shit!Trade active
This update is not that important and is simply for my own analysis entertainment.
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very big day ahead!
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CLOSE TO OUR TARGETS!!!!!Trade active
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