GAMEBTC LONG - TA stacks up, news +ve, $100bn market opportunityI've been watching GAMEBTC for a while. It's a coin with a clear use case, good team and product making tracking (see fundamentals below). The technical analysis has been converging to represent a great buy in opportunity. News over the last 24 hours has been very positive. All in all, with minimum downside risk (10%), I think this has become a bit of a no-brainer. We've seen a similar pattern happen, as suggested by EXCAVO in his post here .
TECHNICAL ANALYSIS
History
GAMEBTC has been in a large declining Elliot wave since it's high of 0.0002 in June. Wave 5 started 3rd October (high 0.000603) and has seen an minor declining 5 wave within that. With both the major and minor waves are now at their 5th leg, it looks like we have reached the bottom with 0.0002 - 0.000215 acting as support.
Targets
There are three targets, all derived from fib of the start of wave 5 (3rd October - 0.0006) down to low today (28 Nov - 0.000213). These also align with major up ticks and change of directions from this 5th wave.
Target 1: 0.0003
Target 2: 0.0004
Target 3: 0.0006
Buy in options
In early:
Buy 0.000215
Stop loss 0.000195 (10% risk)
Wait for breakout:
Buy 0.000255
False break out would resume back down to the declining channel (circa 0.000223)
Stop loss 0.00023 (10% risk)
FUNDAMENTALS
What is it and how big is the market?
This is a coin with a clear use case. "GameCredits (GAME) purpose is to become the universal currency for 2.6 billion gamers worldwide, to empower game developers both big and small in order to further grow the 100 billion dollar gaming industry".
Team
A well balanced team ) that matches technical knowhow with marketing knowhow.
Growth / Marketing
They have a strong marketing team. For example, news from yesterday that they are sponsoring a top esports event .
Product
Making great progress. A new version of the client was released today.
Exchanges
Poloniex, Bittrex, etc plus traction from yesterday on Korean exchange Coinrail .
WHY NOW?
Apart from the team, product and market opportunity looking strong, the technical analysis as of today stacks up and there's been some great news and activity in the past 24 hours:
Growth/Marketing
Exchange expansion
Product progress
I've been trading the space for the past 6 months and have managed to outperform the market (taking top 50 coins as base). This my first post on here so feedback/comments welcome!
Over and out.
GAME
GAME BTC - Integration with Unity (+350-500%)Bullish Indicators:
- Golden cross
- Breakout of channel
- Upward trend
- Flag continuation pattern
Fundamentals:
"Belgrade, Serbia — GameCredits, a Blockchain company driving innovation in the games industry, today announced the company has signed a deal with Unity Technologies, creator of the world’s most popular creation engine, that will bring the benefits of blockchain to more than 3 billion devices and millions of game developers worldwide."
Source: unity3d.com
Although news was announced in late October, this coin has shown to have serious implementations, It has reached support and then proceeded to break free from long term bear trend.
GPlay Beta roll out and integration with Unity in February 2018.
Holding Period: up to 3 Months
Entry Price: anywhere near the lower triangle trend line
TP:
55k
83k
105k
128k
206k
ATH+
GAME/BTC LongGAME/BTC Long - of last high if not higher if volume stays above avg. Chance of 560% growth, more if you trade the fib retracements along the way.
Beautiful GAME chartStill bullish on gamecredits. Demand is getting higher which is getting confirmed with those volume spikes. MACD confirms bullish intentions. Coming out of a giant falling wedge and didnt start any pump yet compared to other old coins which have also a proven tech and good dev team.
In february there is a big release as Gamecredits is getting integrated into the payment systems of Unify. Unify is one of the biggest mobile app producing companies. We know them from top games which are listed in the Google play store and the Apple Appstore as well. 34% Of all the games which you can buy on those stores are from Unify.
Targets are marked in the green boxes on the chart
GAME credits about to break ATH, expect a big run next weeks.GAME is looking great on this weekly log chart. I expect it to hit $27 in the first weeks of 2018.
It has a very strong uptrend even on the log scale. We have been below the trendline for a bit and I expect us to catch up to it and go well above for a few weeks.
10x Opportunity Waiting For Strong InvestorsWARNING: This is a very tricky trade... actually just jk... This is by far one of our best trades, let me tell you why! We in a sense hit rock bottom here. You can't loose much by investing in this coin but your return if you invest properly (if you hold) will be well over 100% but only if you actually listen to us when we tell you that this is a BUY and HOLD coin. It can be 1 week for this trade to develop but it can also be 6 month. Good trades take month and some years to fully grow. We do not recommend that you invest anything that you will need to take out in 1 week or less, because it's just not worth it.
RISK ON THIS TRADE IS LOW-MEDIUM (Means that you can invest and feel ok about not constantly watching over it, but at the same time we do recommend to always be in control of your trades)
Comment below with any questions and if you're not yet a member of Crypto Maniac 101, please let me know WHY NOT?!
Happy New Year everyone - spread some love around for a great start to 2018
GAME bullishGAME broke the falling wedge pattern, which is a bullish reversal signal. It also entered the icho cloud. Take profit at the fibonacci targets
Gamecredits - Buy opportunity - High reward/risk ratioHello 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!
GAME ready to rallyGAME might be ready? (CCI, MACD, RSI seems OK, ES, Coppock passed - to +, Resistance zone just passed, Support is quite close, right below.) However, if it rallies, I have no idea how high, 3USD maybe. Ideas?
This is NOT a trading advice, always use stops and try to avoid FOMO!
GAME 1H Timeframe Chart 17 December 2017GAME, actually great for swingtrading due to the springs in it, but also on a great pace right now.
Did make some fakeouts on the bottom and above, but it’s forming an ascending triangle right now. It needs volume for this, but I’m quite positive. If it drops out, we’ll be seeing some sideways patterns, which is great for daytrading (which I’m doing).
BCHUSD What a BlastBCHUSD
A dream impulse wave has seen BCH rip through the structure to its left on chart in a 2 hour blast last night - from 1580 to
2100, up 33% in just over 120 minutes. And people think FB's cool! This does in 2 hours what FB does in a year. It is indeed
a strange and beautiful world, especially crypto world.
It's now consolidating, perhaps in the early stages of a flag formation...likely to bounce from each of the blue support
lines, at 1766 for bounce to 1849 where it should come off again, ideally to 1700 where it should bounce once more back
to 1766 and come off one last time, maybe right back too 1638 start point of this entire recent blast - where, after
rinsing out every stale bull still left long from higher levels, it will be ready to go again. It's a game. Recognise it for what it
is. And play it.
Falling wedge spotted #GAME potential reversal on the cardsthe falling wedge can be one of the most difficult chart patterns to accurately recognize and trade. When lower highs and lower lows form, as in a falling wedge, a security remains in a downtrend. The falling wedge is designed to spot a decrease in downside momentum and alert technicians to a potential trend reversal. Even though selling pressure may be diminishing, demand does not win out until resistance is broken. As with most patterns, it is important to wait for a breakout and combine other aspects of technical analysis to confirm signals.
from stockcharts.com
GAMECREDITS READY TO ESCAPE FROM FALLING WEDGE ? Hello guys today i have prepared for you gamecredits / btc ( bittrex )
It looks like volume is increasing and in couple days game should be readdy to show potential
Big news the have announced that game officialy partner with largest e-sport japan company
twitter.com
Swing trading 2-4 weeks
GAMEBTC buythe increasing volume, as well as the direction of the Momentum upwards and the cross MACD up gives a signal to buy. I think a good entry point is 0.00032. Do not forget about the stop-loss, and put a trailing stop.
purchase 0.00032
target 0.0004-0.00056-0.00095
stop-loss 0.000215
Happy Trading
GAMEBTC Full Retracement Completion- RSI signaling upward movement
Currently opened a small position I'm riding to 30.5k sats.
I think we should see a major trend reversal soon.
Game/BTC. (GameCredits)Price did good attempt to reverse the down_trend
on background the good news about partnership
GameCredits with Unity 3D.
But Game was stopped by strong resistance zone -
X-point which consist of R+Supply zone.
So, to continue rising, price need break through R
-resistance near X or X1.
Use Supply zones as trgts.