Is $GME Ready for a Comeback? Let’s Place Our Bids!With all the movement in these #shitcoins, why not consider putting some funds into NYSE:GME ? It might be worth diversifying into a more established asset like GameStop, as this #coin tends to rip without notice.
The risk/reward (R/R) is good here. I have bids set around the 0.00300 area in case it sees a retest next week.
Let’s get it!
Gamestopbuy
GME Gamestop Technical Analysis and Trade IdeaIn a recent video, I covered a trade idea prior to the Gamestop (GME) bull rally. Since then, we’ve observed a significant bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, provided that price action aligns with my analysis from the video. The market is currently moving sideways, and if we wait for increased volatility above and below the range, we might be able to capitalize on a bullish trend by entering a break re-test and fail of the range on the 15-minute chart if we see higher highs/lows forming.
The video covers critical elements, including trend analysis, price action insights, market structure, and a potential trade setup. Always exercise prudent risk management when trading, and keep in mind that this information is purely educational and not financial advice. 🚀📊
GME Gamestop Technical Analysis and Trade IdeaIn our recent video, we conducted a concise technical analysis of GameStop (GME). After a bullish rally, GME became overextended, hitting resistance levels and subsequently retracing significantly. Currently, we’re closely monitoring key support levels. Our primary objective is to pinpoint an optimal buy entry point within this critical support zone, provided that price action aligns with our analysis from the video.
As always, our video provides valuable insights into trade entry points, trend analysis, market structure, and price action. Remember that this content is for educational purposes only and should not be considered financial advice. 📈🚀📊
GameStop(GME) Is Ready for Pump🚀➕250%🚀🔥Today, I want to analyze the GameStop(GME) project for you. After being listed on some exchanges , it has increased its price by more than ➕3,900% in the last three days.
📚What is GameStop(GME)❗️❓
🔸 GameStop(GME) on the Solana network is a meme paying tribute to the 2021 short squeeze of GameStop.
🌊According to the theory of Elliott waves , GameStop(GME) seems to be completing microwave 4 of the main wave 3 .
🔔I expect microwave 4 of the main wave 3 will complete in the 🟢 Support zone 🟢, and the GameStop(GME) will start to increase again (🚀➕250%🚀) .
@TradingView has added new features, one of which is the Volume Candles chart . I suggest you use TradingView's new features .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
GameStop Analyze (GMEUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GME Gamestop Technical Analysis and Trade IdeaHistorically, GME (Gamestop) has been in a downtrend when we look at the monthly time frame. However, recent developments indicate a potential shift in the trend. As we zoom in on shorter time frames (weekly and daily), we observe signs of bullish momentum. Buyers may find opportunities in these time frames.
In a video, we explore a potential trade idea. First, on the 4-hour chart, we notice that the price has retraced into an optimal buy zone. Next, we delve into the 15-minute chart, waiting for specific price action confirmation before getting involved.
Remember that trading carries inherent risks. This information is intended for educational purposes only and should not be considered financial advice. Always manage your risk wisely. 📈👍
GME (Gamestop) Price Analysis 30 Min ChartHello and good morning fellow traders! hope you are all feeling great about today.
So after watching the opening of the market this morning I came up with this idea.
GME just lost the 20.35 -21- support lvl and has dipped into the green lvl of support shown on the Ichimoku cloud.
It must hold the 17.17 -18.78 LVL of support or else GME will continue to the downside.
On the flip side ... if GME ends up pushing back and flipping the current zone of resistance back to support we could see GME go up and test the 22.84 -23.26 lvl.
Stay safe out there guys! keep your heads up ! Enjoy your day !!!
:)
GME (GAMESTOP) Price Analysis
Good morning! GME needs to hold this area of resistance at around $20.35 -$21.23 if it wants to push to the upside.
If the support level is broken, we will most likely see GME fall down and test the $18.40 Lvl.
- If support holds then we will continue on up to the upside and test the $22.84 - $23.26 LVL.
- The next LVL after this will be the $24.22 LVL.
Thanks for viewing my idea! please comment and let me know what you think :)
Game Stop Buy to ShortWeekly- Range From 2021 to present consistent creation of lower highs between prices, 120.75-87.13, 67.20-64.50, and 41.25-49.85. Since the beginning of the year price has fail to break support at 19.40-24.50. In short price has failed to create new highs and lower lows, game stop is consolidated.
Thesis- Potential for sell break out due to flat support and lower highs on the weekly. Consecutive lower highs provide strength to break the flat support.
Daily- From May 2022 to Aug 2022 price correction provided buy opportunities to previous weekly highs between 41.25-49.85, clearing weekly liquidity, adding new life to the sell.
Current price 30.71 is an area of structure and daily buy liquidity. would like to price go bull to 40.40 before continuing to go bearish. This will create another lower high on the daily, to add strength to the overall sell breakout on the weekly.
Areas of Interest:
Short - 40.40 to 45.53, 34.30-35.90,30.71, 25.60-26.86, 21.68-23.20
Long- 30.71, 25.60-26.86, 21.68-23.20
Confirmations: solid candle closure, preferably 8and daily candle closes within zone.
$GME regular flat is over (regular flat). Bullish moves incomingI have posted previously my bearish sentiment on gamestop after it completed its five wave impulse move. In my opinion, the correction is over and we saw a regular flat pattern. First impulse move was on thursday and we saw wave two today. So excited for next week!
Back in the GameGameStop
Short Term
We look to Buy at 118.26 (stop at 110.74)
Preferred trade is to buy on dips. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Levels close to the 50% pullback level of 115.39 found buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 120.00, resulting in improved risk/reward.
Our profit targets will be 147.26 and 180.00
Resistance: 150.00 / 190.00 / 200.00
Support: 120.00 / 90.00 / 77.00
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GME GameStop Double Bottom ??it seems like this support is holding pretty well:
I am tempted to think that GME formed a double bottom chart pattern and is ready for reversal.
We also have the second scenario with a sell to $70 before going higher.
GME is already a crypto play, as you know, they will launch a Digital Wallet and an NFT marketplace.
Looking forward to read your opinion about it.
GME GameStop consolidation areaAfter GME went even lower than the exacted support line:
Now we need to keep in mind that $90 is a great entry price in case of a selloff due to market condition and increasing of interest rates.
GME is now in a high volume consolidation area, slightly bullish in my opinion.
GME moving to NFT and Cryptocurrency MarketsGME Gamestop is launching a marketplace for NFTs, reported the wall street journal.
GameStop is also reportedly creating partnerships with two crypto companies to “share technology and co-invest in the development of games that use blockchain and NFT technology, as well as other NFT-related projects”.
The stock bounced from a strong support and is heading to the $225 resistance.
GME Gamestop! Impulsive prospects up to USD 530
Welcome to my in-depth and detailed analysis on Gamestop GME.
This analysis was first published on 11/22/2021 at 12:35 by me Highrisk221.
Date and time information is based on Berlin time zone.
We look at Gamestop in the 1 hour chart
As we can see in the chart, the price trend wärend the last high phase on 08.06.2021 at 17:00 put a correction phase which was ended with a trend break on 25.10.2021 16:00.
The price targets of the completed ABCD correction are indicated in orange lines and are at :
Target 1 275.89 USD
Target 2 306.38 USD
Target 3 323.67 USD
Target 4 367.06 USD
Target 5 392.84 USD
The MAximal target is given as 454.77 USD for this formation.
Two more Bullish Formation possibilities have now emerged from the trend break.
Formation 1 Would be a W formation, more precisely a W formation within a W formation.
The first W Formation starts on 09.06.2021 at 20:00 USD 324.68.
Forms the middle on 01.09.22021 at 14:00 at 232.48USD
And is still pending completion, which at the renewed reach of 324.68 USD
is completed. The course goals are not yet indicated in this analysis with, but as soon as the course 324.68 USD has again reached, are nachgetragen.
The subordinate W formation starts on 11.06.2021 at 16:00 at 240.68, and forms the middle also on 01.09.22021 at 14:00 at 232.48USD
The completion was reached on 03.11.2021 at 14:00.
Currently, the price trend is in a so-called retest, with an impulsive rise can be expected when exceeding 240.68USD.
The following targets can be reached:
Target 1 316.93 USD
Target 2 337.43 USD
Target 3 530.54 USD
they are shown in the chart as green lines
The second formation that can be seen is a Cup and Handle formation it is more or less the second part of the W formation.
The beginning of the cup is formed after the rise from 05.08.2021 to 01.09.2021 at 18 o'clock it was completed on 03.11.21 at 15:00 clock
The handle formed until 10.11.2021 22:00h and corrected in the area of 0.618 Fibonacci level.
The targets of the formation would be as follows:
Target 1 252.03
Target 2 274.42
Target 3 304.39
Target 4 390.74
Target 5 477.09
Target 6 530.45
I have published the cup here in a separate idea.
The whole analysis gets an invalidation as soon as the price drops below 156.62.
If you liked this idea, I would appreciate a click on the Like button ;)
If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function.
Thanks a lot
Disclaimer/ Disclaimer of liability
Always do your own research before investing and seek the advice of someone trained to do so.
The analysis shown here is to be understood as my personal opinion on the possible price development of Gamestop GME, it was prepared to the best of my knowledge and belief.
However, I can not guarantee or warrant the accuracy, completeness or timeliness.
This analysis was published for informative and scientific purposes only.
It is not suitable for imitation or investment basis, and must not be understood as investment advice, buy, sell, hold or trade recommendation.
It is expressly discouraged, a trading decision or investment, based on my analysis or other published by me, information, articles, content or the like, to perform or make.
My analyses are always based on probability calculations and on my personal experience, so this analysis must be considered as a probability statement, which neither completely, partially so or so similar, must or can occur.
This analysis does not take into account any fundamental data!
You should also be aware that trading and speculation with CFDs, foreign exchange, futures, currencies, options, warrants, cryptocurrencies, shares, securities as well as other financial and trading instruments, whether leveraged or not leveraged, is always accompanied by an enormously high risk of loss, whereby you can lose part as well as your entire capital and possibly beyond (note margin call).
Before making any trading decisions or investments, always do your own due diligence and consider your investment objectives, financial circumstances, needs as well as your level of experience and expertise.
In addition, always seek advice from an investment advisor, financial advisor and/or bank.
Also, always check with your broker, bank, etc. about the exact and individual risks, terms and conditions, and whether or not you are subject to margin calls.
On average, over 70-90% of investors lose their capital when trading such financial products.
You always act on your own responsibility and therefore bear the sole risk.
I therefore accept no liability for any damage/losses that you may incur or suffer as a result of your own actions.
Gamestop (Breakout)Gamestop is trading within a descending pattern (orange triangle), with the relative strength index trending down (below the orange line).
Price target (within reason) is the previous high $491.32 (dotted green line).
Expect pricing to stay within the yellow lines.
The Pink circles indicate touches on the trendlines.
*expect some additional volatility.*
GME BULL FLAG UPDATE: SO FAR SO GOODNOT FINANCIAL ADVICE
Previous post called to breakthrough of the flag into uptrend, so far it is in the beginnings of an uptrend.
4 Hour support around $209-210
Resistance around $213
Still hoping for a $220 close for good confirmation of long bullish trend.
So far, analysis is correct, see previous post for bull flag analysis.
GME reached important support levels. Is the bottom in?GME reached the 200 MA on the 8h + extended hours, it hit the S3 weekly, the diagonal support, a VP HVN and it managed to get into an area that was previously resistance (currently turned into support). So to me this either is the bottom, or GME is in trouble. This is a massive combo and the structure of GME in the long term is still bullish. In my opinion the double top at 340 has a change to break and is what has me quite bullish.
Of course there are several issues in the global economy, meme stocks haven't been doing well and so on... but this doesn't mean that we can't see another big rally. That requires that things don't crash right now and that we stay in a bullish environment for stocks... which over the last few weeks/months has been turning bearish and mostly favoring large caps. Going long here isn't a bad choice imho with stops below 160, otherwise wait for the market to close above 220 to start looking for longs.