UKG Unicoin Gold ready to explodeIn the years to come i predict that the best Fifa game player will win as much as the best Fifa real player, as the sports industry turns its paradigm towards gaming entertainment. And we all know what sports are about: Betting!
The global gaming industry is expected to register a CAGR of 12% during the forecast period 2020-2025. The World's 2.7 Billion Gamers Will Spend $159.3 Billion on Games in 2020; The Market Will Surpass $200 Billion by 2023.
Unikoin Gold was released by Voodoo gaming PC company founder Rahul Sood. Unikrn is the only live wagering company in the world that has a crypto gambling license from the Isle of Man, which along with Malta is known for its rigorous standards on gambling regulations. With the license, Unikrn can enable live “spectator betting” on esports matches or “skill-based” betting on your own gameplay against others in games of skill such as Fortnite, CSGO, Apex Legends, Call of Duty, Fifa etc.
Unikoin Gold is led by Rahul Sood, an early leader at Microsoft . Unikoin has received over 10 million dollars in investments from some big names, such as Mark Cuban and Ashton Kutcher. The Unikoin team is based out of Seattle.
The project seems legit, on a trusted exchange, Bittrex, but with a very low circulating supply.
Unikoin Gold has a very low current circulating supply of 149,397,371 tokens from a total of 1,000,000,000. At the price of $0.015341 per token the actual market cap is 2,291,835 USD.
The Unikoin Gold ROI from ICO is -95.18% and from an all time high of 237 mil market cap (1.5 mil now) means UKG is either a steal or a shitcoin at this price right now.
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UKGUSD
UKG Bullish Triangle Chart PatternI'm posting this to test my hypothesis for my own learning when it comes to charts and as a follow up to the previous idea I posted called 'UKG Bottomed out.' This is not, in any form, financial advice.
UKG has formed a very obvious chart pattern. Because the trend has gone bullish, it is expected that the next move will be toward the upside within the next couple of days, I expect sooner.
$UKG Bullish Pennant Pattern and Fibonacci levelsSince the bottom, $UKG has followed a move up through the classic Fibonacci levels and has resulted in a bullish pennant. If the technical analysis is correct on this chart, $UKG has consolidated in this area because of the resistance at the next Fibonacci level but is expected to break through very soon because of the consolidation into a bullish pennant pattern. Additionally, volume has been steadily growing and remaining constant. If I am interpreting the TA correctly and the TA resolves as expected, then the next move up should happen by Friday, July 26, 8pm.
I'm posting this to test my hypothesis for my own learning when it comes to charts and as a follow up to the previous idea I posted called 'UKG Bottomed out.' This is not, in any form, financial advice.
UKG bottomed out. A long view of UKG on the daily timeframe shows that it has bottomed out. The market cap is very low which provides an opportunity for exponential growth once bulls takeover. There are two fundamentals that could provide new money into UKG and that is 1) Unikrn recently launched new updates and will likely be doing the circuits of financial shows which will bring more attention to its crypto asset and 2) BSV is primarily traded on Bittrex where UKG primarily is traded and after BSV's current uptick, UKG stands as a strong option for traders for both a quick return on the upside and longterm buy. I only post this as a way to document my pattern recognition, technical analysis, and fundamental analysis that I've learned over the past two years trading cryptocurrencies and thus this is not financial advice.
$UKG to $0.15 We've tested $0.10 3 times already, it's time we breakout and head up to $0.15
Note the RSI support/resistances and the newest one forming, showing two touches already outlined in green.
Once we bounce off RSI 50 or the lower support line, we should be pushing up past RSI 69.1 (blue line), which would send us to $0.15. Also note the volume gap - price should cut right through that and find resistance at the next little volume cluster, near 15 cents.