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Gamecredits

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
GShort
by dctobkk
4H GAME, BULLISHHi traders! This is continuation of my last analysis on GAME , where I said: "I'm waiting to buy at 0.001005 few Game and 2-3x more at approximately 0.000764 maybe little bit sooner since the 1D trendline can reverse the price move before testing 0.000764." Right at the beginning one thing to remember: ===============> Don't forget to place your limit orders - it'll cost you money <================ So Game didn't do exactly what I expected, but all price levels are already tested. The move was just a little bit faster. ========================> What's going to be MY next move? <======================= 1) I'm bullish right now we have really beautiful risk/reward ration (if things don't mess up) trendline still holds 2) I'll be careful - You need to be careful if the price gets under support zone (yellow rectangle), it won't be funny by "gets", I don't mean spike, I mean close and create one whole candle below support zone 3) From my experience - When it seems 100% obvious, it will mess up I believe there is a chance we will "spike test" middle of rotation at 0.000628 if this happens, we would be in a huuuge loss in case our SL is set according the rule "close and whole candle below" And this is exactly why you have to do also your own research. When things mess up, I will know what to do. I did the analysis and I know what to expect. If part of your strategy is wait until someone posts update on trading view, WOW! That's the worst trade ever made. Anyway, my solution for risk management(possible, not all at once): open 1/3 now, 1/3 at support zone, 1/3 at middle of rotation open full position now with SL below support zone and 2nd position at middle of rotation open full position with SL according to "close and whole candle below", use lower TF to define this since the moves can be really fast Potentials are already set, price levels don't run away, they are still here: 1. 0.001005 (low RRR, close smallest portion of position) 2. 0.001146 3. 0.001298 4. 0.001491 Those are all potential temporary reversals of trend, except 0.001298 this one seems really strong (maybe not temporary). Some pictures of puppies: If you don't understand, this means that support zone around middle of rotation is STRONG.
GLong
by RomcaFX
It's time to GAME on!So GAME was brought down by a bearish divergence, only to end up forming a strong hidden bullish divergence in the process. I'm expecting GAME to reach a new ATH soon. Along with this post, I will update it with more examples of how $GAME moves and why this pattern is so familiar and why you should take advantage of it, at your own discretion of course. I will post the pictures below, so follow for updates! Entry: Anything below .0012 TP for GAME are: .0023 .0030 .0050 I think we can hit the first TP easily. What are you doing in my house? Get out.
GLong
by KosherKing
1D and 4H Game analysis, short expectedIt's been a while since I've posted my last analysis - procrastination sucks, unfortunately WoW does not even after so many years. Since I'm a gamer, something like Gamecredits immediately catch up my attention. And here we are again on some nice price levels to pick up some Game. According to 1D chart, we are still in uptrend and the price just erased the huge move from 0.001146. This was my first level to buy Game. If you hesitate, this is pretty good price (not for those who sell houses, or take loans to buy crypto, not yet). Looking on 4H graph I'm more bearish at this time. Even with my blindness to chart patterns I'm able to recognize potencial Head and Shoulders and the neckline is what makes me think, we can visit lower prices. Tested so many times and still holds (for some people the more times price level was tested the weaker the level is, when I was testing one forex service the #1 rule was "trade only the first test of price level" - find for yourself). My final analysis: There are no more any robust rotations on 4H not even on 1D timeframe on the way to 0.000764. The only thing which can play a role from the price chart is 1D swing low at 0.001005, after that the way is open to 0.000764. Right now I'm bearish - you can see every expected move in the picture. Green arrows are the ones I believe a little bit more. Since I'm not daytrading cryptos I'm waiting to buy at 0.001005 few Game and 2-3x more at approximately 0.000764 maybe little bit sooner since the 1D trendline can reverse the price move before testing 0.000764.
GShort
by RomcaFX