MikeCryptoSignals

GAMEBTC - Risky but It could be profitable

Long
BITTREX:GAMEBTC   GameCredits / Bitcoin
Firstly , i would like to remind that every investiment got its risks and you have to be ready to lose what you invest, so, I highly suggest manage correctly your bank balance. On this case, i wanted to comment this before since this coin got some fundamentals problems which has capitulate this coin to the lows. You can find more information about it in best crypto forums.

4HOUR CHART

GAME has been pretty stable even with pump/dump Bitcoin prive movements.
While candles stays above blue moving average you will be safe. So, you can put your SL below this MA

DAILY CHART

RSI downtrend has been broken and it started to move up
CCI turned into green and bloody downtrend seems finished.

The bad thing is how this coin is being rejected by the red moving average. If this coin dont break the new trendline drawed it probably could stay above it on a bullish signal.

Broken trendline on the downside, means you have to cut loss,leave and wait

Conclusion :

My personal short/long term targets are drawed in the boxes.....But on this case, im not giving any fixed signal in there since you have to stay looking at different facts and how this coin continue performing. If this coin finally solve its big fundamental problems thats could be a very good chance. However still being a very risky asset to invest if you are long-term player

Good luck

PD: ( I had to upload this idea again because Tradeview deleted it, sorry)
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