$GAMECREDITS Market Cycle Welcome back Friends and Foes
(We dont discriminate)...
...Except maybe Bcash Fan Boys... ;)
Today the coin of choice is the mighty GameCredits!
I chose this coin because I noticed a solid long term market cycle playing out.
Prices have now landed on trending support not once but, on two separate occasions. The second of which came after a major breakout of descending resistance.
This indicates that a new emotional market cycle will arise in the old ones place. Only, this one will be far greater!
Accumulate while prices are cheap!
Buys on the trend line are the safest way to trade market cycles :)
See Ya'll on the Moon. :)
God Bless, JolleyCrypto
GAME
GAME/BTC FLAG FORMATION AND TREND CONTINUATIONGAME/BTC FLAG FORMATION AND TREND CONTINUATION
If you have shares:
- sell if you have not been knocked out within 4 weeks of the start of the formation
- sell if there was a distinct increase in volume during the movement that did not lead to the breakout
- sell if the break has not occurred within 3 weeks of the beginning of the formation and the
volume does not behave perfectly according to the theory
- if it breaks down, sell it immediately
If you do not have shares:
- buy after the formation formation with a good rotation volume system, not waiting for the upward break (if you sold earlier - when you reach the formation, buy even at higher prices)
GAME/BTC - Leaving long term down trendGamecredits is slowly developing, team is delivering, accumulation time last long enough already - we are seeing long term break setup. Game is ready to rise!
GameCredits VS Bitcoin Upside PotentialGameCredits has found the support at 88.6% Fibonacci retracement level, that is 14k satoshis. The support has been rejected several times on a daily time-frame, followed by the move higher and break above the 50 Moving Average.
Currently the Moving Average is acting as the support and this could be the starting point for the uptrend continuation. The key resistance is seen at 55k satoshis area, that is confirmed by two Fibs.
Although the consolidation could take place now, the uptrend seem to be in place and should continue shortly, but only break and close below 13k satoshis support could invalidate bullish outlook.
GAMEBTC Bullish flagBullish flag has been formed and now the price went above the Ichimoku cloud. Overall the chart look great and there is a good opportunity to make profit. Technical indicators are bullish: Bull Bear power, EMA and SMA are very positive.
GAME (GAME) - BITCOIN (BTC): POTANTIAL PROFIT 570%Let's start:
Assumptions:
- All informatin is processed in the prices
- rates are moving in trends
- history repeats it's self
1 week chart:
When i opened the 1 week i draw a cup and saw that the handle was forming. That is an Bullis Sign, what made it verry interisting for me to study.. Handle means downwards.. So, that means the daily chart must be BEARISH for the coming days??
For now let's check the indicators first before we go to the daily charts..
MACD: Bullish and have a lot of room to continue the growth
RSI: In the neutral zone, have lot of room to growth
DMI:Positive (Short term crossed the long term line and ADX turning upside!)
WMA: Positive, candlestiscks are upside the WMA line
Looks verry Bullish for the coming months!!
Now we are zooming in the daily chart.. We saw that we are in the handle phase, sow that means that we nead a bearish sign for the coming day(s)..
As we can see it is getting downwards (no panic, we were waiting for this)
MACD: Bearish
RSI: In the neutral zone
DMI:Bearish
WMA: Bearish, candlestiscks are downside the WMA line
Buy: 35000 - 45000
T1: 51402
T2: 83559
T3: 106145
T4: 128731
T5: 156677
T6: 201850
STOP LOSS: 30000
Summary:
As we expected this coin is getting down, to finish the handle.. If the handle is complete we will see an reversal sign with an long greend candle.. I am waiting for this candle.. If u need more confirmation for the bullish signs, then u can also wait for the next signs:
RSI falls around 40 points and then will go upwards, MACD short (blue) will cross long (orange) upwards around the 0 point (middle line). The DMI gives a sign when a new trend comes. If the short (blue) line crosses the long line (orange) and the ADX line will go upwards (red line), then we have a sign of Bullis trend.
Have fun!
RULES:
1. always take full responsibility for the results yourself;
2. spread the risks, because spreading is making happy;
3. develop an investment method that is SMART;
4. develop its own vision on the functioning of the financial markets;
Possible breakout on Bull Flag! Target .00023500If breakout occurs,
NEXT TARGET: .00023500
FOLLOWED BY RETRACE TO: .00021500
Look out for the breakout.
GAME Bull Flag next target 23500. Or a 300% jump..Next target range: 23500-24500 sat
Looking forward to GAME's famous 300% jumps...
GAME BTC 1D targets #GAMECREDITSBased on fib levels and previous resistances these are my short term and mid term targets for GAMECREDITS. It is one of the few coins imo that didn't had its pump yet.
GAMEBTCLet's draw a happy triangle here for GAMEBTC. Like many other alts GAME is also waiting for BTC to join the game.
Gamecredits TargetsTarget 1: 0,00025btc
Target 2: 0,00032btc
Target 3: 0,00041btc
Target 4: 0,00055btc
VHTChannel - GAME/BTC - Bittrex - March 16Again, we've already come back the super strong support level at 0.00014. And we've already finished a fix channel. Now GAME is ready to pump from now or next 3 days.
Of course, when GAME fly, it will fly too far away
Buyzone : 0.00014-0.00015
Target 1 : 0.00025
Target 2 : 0.00035
Target 3 : 0.00055
Stoploss : 0.00010
50% ON GAMEBTC POTENTIAL2% Stop
48% Take Profit Potential
May have entry at end of period if this 2hr candle closes with volume to confirm.
GameCredits #GAMEBTC - heading down towards next FiboCryptocurrency GameCredits GAMEBTC is heading in the next level of Fibonacci, i.e. the level of 78% lifting the wave 1 impulse. This level is located at 18028, just above technical support. This decrease takes place on a significantly reduced volume than the last wave of growth, so there is still a chance for a dynamic wave (3), which with its range can easily break the peaks from 201932.
Please remember that this is a very optimistic scenario, but it does not mean that it is impossible.
Growth scenario is invalidated when the support level is knocked out at 10301.
A great opportunity to buy is near in GAMEUSD . Don't miss it!!Technical analysis:
GAMECREDITS/DOLLAR is in a Range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 44.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (2.10 to 1.32), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.10)
Ending of entry zone (1.32)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 2.85
TP2= @ 3.40
TP3= @ 4.75
TP4= @ 7.06
TP5= Free
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blog.enjincoin.io
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IOS wallet coming soon
A big partner coming soon
Plugin Minecraft coming soon
Good altcoin should investment in long-term
IF you want buy it
You can buy with price currenct : 1940 - 2040
it not problem for long-term
We need get more and more profit
Thanks
GAME - buy opportunity?GAME was close to the support line. Now we are waiting for conclusion. If the price breaks support line we can expect further decreases.
