GAME
GAME Supports/Resistances/TrendGAME has been following a nice trend line on the hourly, I believe with the recent news it will continue on this trend upwards, entry from now will have about 20% gains until a hard resistance. Stoch RSI is bottomed out and ready to turn any time.
GAME, Revolutionizing In-Game Transactions / E-SportsGameCredits (GAME) is a digital currency based on blockchain. Its 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, and to accelerate the wide adoption of decentralized cryptocurrencies as a better alternative to government-issued fiats.
GameCredits is already accepted as a means of in-game payment for several popular online and cell phone games.
Game is definitely an ambitions project, and has big plans for e-sports and game merchandising that should begin to come into play towards the end of this year.
In addition, many large Japanese investors are rumored to be involved with game.
Technically, we are sitting on extremely strong historical support. A double bottom is obvious here and several different forms of bullish divergence exist. This is an immediate buy.
This Green Candles makes me so happy! GAME Time.Everything is so cool:
RSI - Good.
Green Candles break the resistance - Good.
My enter point 48K - Sell point 52-53K
GAME lift off within 2 monthsIt is true that GAME was overbought and that is the reason for the big dip. However with BitBay opening up in India and adding Gamecredits, the chance of GAME breaking out is on the high side. It is quite possible for gamecredits to reach a new ATH until end of the year.
GAME - Game Credits mobile store launchingHere's one I picked up recently and I believe there is still a lot of upside potential. GAME, as the name implies, is a crypto for gamers. They are tied up with Mobilego and are launching their mobile gaming store today at a big conference in India. This should impact usage and again, another currency with real world application we can see today as opposed to in the next few years. The gaming industry is massive and I once read that revenue from gaming is bigger than movies. Internal currencies are also a big part of gaming and this is where GAME steps in. I'm not much of a gamer anymore, but as a reformed gamer, I definitely see the value and utility of this coin.
The chart overall looks quite bullish for long or short term. MACD, which I haven't shown here, crossed over a few weeks back and if you had picked up there, you would be riding a nice run. Downtrend was broken and stochastic crossed over as well. You can see the 2 EMA lines beginning to tighten and I expect they will cross by tomorrow which should be the final confirm on a nice upswing. A small pullback wouldn't be surprising here, but a little extra volume and we could see GAME hit .0012 in the short term.
Good luck
MOVING UPWARDSAfter 6 weeks of nice and healthy correction the trendline is reversing, nice chance to try some longs.