As I dropped WTK from my list, I will replace it with a different project:
GFAL Games for Living is a 30 M MarketCap gaming project (FDV 85 M).
I chose is because of the remarkable Team (Trip Hawkings, Founder and former CEO of Electronic Arts is on the board).
The project is well funded and in April 2024 had a seed round of 3.2 M with Supercell.
Supercell are the makers of 'Hay Day' ; 'Brawl Stars' and 'Clash of Clans', some very prominent games that have earned millions of dollars !
The entry is perfect:
1 Start of the Bitcoin Dominance breakdown (confirmed)
2 Start of the Altcoin bull run (confirmed by major tokens breakout)
3 Price at an 18 month low
4 Huge 8 months bullish divergence on the RSI (price red, rsi green)
5 Break out of the yellow descending channel on September 2024
6 Break out of the bullish descending wedge in the making
7 The actual price entry corresponds to the double of the seed round price (0.004$)
The only downside is that it is an ERC20 token, wich I dislike.
However I own it on the Binance chain, which makes me more comfortable, especially with the fees.
I am very bullish on GFAL and expect great rewards of this token.
GFAL Games for Living is a 30 M MarketCap gaming project (FDV 85 M).
I chose is because of the remarkable Team (Trip Hawkings, Founder and former CEO of Electronic Arts is on the board).
The project is well funded and in April 2024 had a seed round of 3.2 M with Supercell.
Supercell are the makers of 'Hay Day' ; 'Brawl Stars' and 'Clash of Clans', some very prominent games that have earned millions of dollars !
The entry is perfect:
1 Start of the Bitcoin Dominance breakdown (confirmed)
2 Start of the Altcoin bull run (confirmed by major tokens breakout)
3 Price at an 18 month low
4 Huge 8 months bullish divergence on the RSI (price red, rsi green)
5 Break out of the yellow descending channel on September 2024
6 Break out of the bullish descending wedge in the making
7 The actual price entry corresponds to the double of the seed round price (0.004$)
The only downside is that it is an ERC20 token, wich I dislike.
However I own it on the Binance chain, which makes me more comfortable, especially with the fees.
I am very bullish on GFAL and expect great rewards of this token.
Trade active
GFAL made the "in the making" breakout of the bullish descending wedge just a few hours after the post.I honestly didn't think we were that close !!
Good to see.
Note
Price has been dancing around the apex of the bullish wedge for two months now. For me this is confirmation that the bullish wedge is relevant and that it will most probably mark a point of important reversal. I am holding my position.
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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.