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GAME

Bitcoin Pattern FoundRecently noticed a pattern in the charts. The third chart is a piece of pine script I wrote to help visualize BITFINEX:BTCUSDSHORTS and BITFINEX:BTCUSDLONGS . A drop in open shorts has been preceded by large volume pushing the price higher, likely into many stops, continuing the rally. As you can see, after the action has cooled down price, will move to the 30 day EMA before it picks up again. Except for this last time. Price plunged under the 30 day EMA before it snapped back to the EMA. Also, the amount of open shorts on Bitfinex is the lowest its been. This leads me to believe the cool down period will last longer than the previous ones.
BITSTAMP:BTCUSD
by AnotherAnalyst
Trading Truths - how long to be profitable?Trading is hard work - But no one wants to hear that it is hard work. Everyone wants a short cut. A short cut does not exist. If it did - everyone would use it and the market would cease to exist. Everyone who starts out trading is lured in by the profit potential. You might get lucky and make a quick buck. But over time you soon realize that trading is a job, and a hard one at that. The markets offer the highest paid profession in the world - and it is the hardest profession. There are no set paths, clear schooling or achievements which put you into a position of earning a living. This is an entirely different world. It is you and the market. You are responsible for the actions you make, and the repercussions or rewards which come with those actions. It takes a lot of time and effort on your part if you truly want to succeed long term in the markets. This does not just mean learning about the markets and how they operate. It also requires skills that no other job does - understanding and working on yourself internally. Remain Humble - We all know of someone who brags about their position, their entry price or whatever. But there is something they likely do not have.. Profits. Ever wonder why the top traders dont brag or choose to talk about how much they make? Because they are humble. If you do not remain humble when it comes to markets, they will humble you. If you are attached to your Ego, you will fail in the market, without question. The only question is how long will you survive? How long does it take to be a Profitable Trader? Every beginner wants to know how long it will take before they can make a profit. This is a loaded question - with no answer. I am often asked how long until you knew you had it? Or how long does it take to become a profitable trader? People are confused by my answer when I say "you never have it, or anything." Even wildly profitable traders lose money, sometimes all of their money several times. Trading is not about getting something, or somewhere. It is a journey, a dance. Do you dance or play the guitar to get to the end of the dance or end of the song? No, otherwise you would play or dance really fast! (Alan Watts). You play to play. You trade because you enjoy the act of trading. In other words the act of doing is the goal, not the end result. The market is a teacher who teaches you about your self. If you chose to ignore it and instead focus on what you want out of it; you probably wont get it. If instead you open yourself up, give in to it and what it is showing you; you just might get what you want. If you found this helpful please like! Feel free to comment or ask questions.
by tradersmentality
2
There is a trading opportunity to buy in GAMEUSDTechnical analysis: . GameCredits/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. Trading suggestion: Price is in the support zone (0.11100000 to 0.09369000), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.11100000) Ending of entry zone (0.09369000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.16012850 TP2= @ 0.19921200 TP3= @ 0.25616200 TP4= @ 0.42031300 TP5= @ 0.58901300 TP6= @ 0.99600000 TP7= @ 1.64545400 TP8= @ 2.63328000 TP9= Free
GLong
by ForecastCity
2
There is a trading opportunity to buy in GAMEUSDTechnical analysis: . GameCredits/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.1260 to 0.1073). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.1260) Ending of entry zone (0.1073) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.1601 TP2= @ 0.1992 TP3= @ 0.2561 TP4= @ 0.4203 TP5= @ 0.5890 TP6= @ 0.9960 TP7= @ 1.6480 TP8= @ 2.6330 TP9= @ 3.4290 TP10= @ 4.2260 TP11= @ 5.3625 TP12= @ 6.8075 TP13= Free
GLong
by ForecastCity
2
There is a trading opportunity to buy in GAMEUSDTechnical analysis: . GameCredits/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.1260 to 0.1073). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.1260) Ending of entry zone (0.1073) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.1601 TP2= @ 0.1992 TP3= @ 0.2561 TP4= @ 0.4203 TP5= @ 0.5890 TP6= @ 0.9960 TP7= @ 1.6480 TP8= @ 2.6330 TP9= @ 3.4290 TP10= @ 4.2260 TP11= @ 5.3625 TP12= @ 6.8075 TP13= Free
GLong
by ForecastCity
2
GAME/BTC bullish triangle. It seems like bullish Triangle Fomration is being formed in GameCredits. Upper resistance at 2640 sat. And another 200dMA resistance area (I dont know where it will be exactly on the breakout day) slightly above. Target at around 3500 - 3600 sat. IF the lower support line of this formation will be broken, then that idea failed and is no longer valid. ----------------- I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only.
by Voytech
BTC-GAME GameCredits- Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10 Date : Since 2014 ( 7 / 10 ) Volume 24 H : 17 BTC ( 2 / 10 ) Available Markets* ( 4 / 10 ) Social Media Rate ( 7 / 10 ) Ranks **323 ( 4 / 10 ) Website ( 4 / 10 ) Type Payment solutions built by game developer Overall ( 5 /10 ) It looks like if found the bottom. Otherwise, IT WILL GONE forever!!! 98% down from June 2017 ! That's crazy. I remember Game's ATH like it was yesterday. Everyone was talking about this coin with Stratis / LBRY. The coin is still alive. And, I am holding some Game Credits. Recently the volume is increasing for Game. It is a bullish sign. I Recommend you to get some with a stop loss order ( 10 % ) Users should migrate off of this web wallet immediately by sending coins from their web wallets to any of the following wallets: Coinomi, GameCredits-Core (QT), or Electrum (see below). Do not keep coins on exchanges for extended periods of time medium.com * Considering top 10 crypto exchanges ** Top 100 coins on coin market cap get 10 points
by CryptoEngineering
GameCredits (GAME) and the Rise of Gaming Industry in blockchainThe gaming industry has been growing at a very rapid rate in the recent years. Now, with the blockchain technology being widely adopted, gaming might take quite a different shape. In the near future we might see more and more games on the blockchain, making them more accessible, flexible, faster and cheaper and profitable for gamers. Some of the potential benefits are: 1. Ability to purchase games with cryptocurrency. 2. Having the Digital ID and settings, that can be used across multiple games. 3. Buy and sell virtual good for cryptocurrency 4. Run games on a blockchain, without having to install it on your computer. and the list goes on… One of the coins that trying to be a player in the blockchain gaming industry is GameCredits (GAME) - a blockchain-based digital currency widely used by the gaming community. Obviously, the gaming industry is just at the very early stage of “migration” into the blockchain. As the technology is getting more and more adopted by big players, price of gaming related tokes could have a very strong increase in rice over the long-term. Looking at GAME/BTC, it is currently trading at 2624 satoshis, which is almost the same price as exactly 3 years ago. GAME produced an all time high back in June 2017, when it reached btc 0.002. Considering the price at the all-time high and the recent low at 2400 sats, GAME lost to Bitcoin over 98%! Truly a huge drop in price, but it actually might be a signal on a very strong recovery. The price is very low even in relation to the total coin supply. During the past 3 months, GAME/BTC has found a strong support at 2500 satoshis level, which has been rejected 3 times. RSI has formed abolish divergence and the action has started. On the 23rd of September, under the heavy trade volume, price broke above the downtrend. Simultaneously, RSI oscillator uptrend trendline was rejected, while the descending channel broken. Possibly, these are signals of a trend reversal? Of course there is such probability, yet the risk of buying GAME at this stage is very high, but the rewards is also high. If current support will continue to hold, price might start moving up towards the strong resistance at btc 0.0002. Not only this is a 38.2% Fibonacci retracement level, but also a price level where the GAME was traded with the high volume and finally, it is a round number, which is a psychological level of resistance. Therefore, this could be a 700% potential gain overall. On the other hand, if the support is broken, more range trading could take place. Price might even decline further, down to the 1.272% Fibonacci support at 172 satoshis. RSI break below the uptrend trendline, might be the way to recognize the downtrend continuation. As the last point, GAME/BTC has recently retraced down to the Fib support that has been rejected along with the uptrend trendline. Is it a reversal?
G
by CryptalDash
1
GAMEBTC - Risky but It could be profitableFirstly , i would like to remind that every investiment got its risks and you have to be ready to lose what you invest, so, I highly suggest manage correctly your bank balance. On this case, i wanted to comment this before since this coin got some fundamentals problems which has capitulate this coin to the lows. You can find more information about it in best crypto forums. 4HOUR CHART GAME has been pretty stable even with pump/dump Bitcoin prive movements. While candles stays above blue moving average you will be safe. So, you can put your SL below this MA DAILY CHART RSI downtrend has been broken and it started to move up CCI turned into green and bloody downtrend seems finished. The bad thing is how this coin is being rejected by the red moving average. If this coin dont break the new trendline drawed it probably could stay above it on a bullish signal. Broken trendline on the downside, means you have to cut loss,leave and wait Conclusion : My personal short/long term targets are drawed in the boxes.....But on this case, im not giving any fixed signal in there since you have to stay looking at different facts and how this coin continue performing. If this coin finally solve its big fundamental problems thats could be a very good chance. However still being a very risky asset to invest if you are long-term player Good luck PD: ( I had to upload this idea again because Tradeview deleted it, sorry)
Long
by MikeCryptoSignals