GameCredits found the support at 10k satoshi and slowly but consistently started to move up, producing higher highs and higher lows. Price broke above the 200 Moving Average and then above the descending channel.
Currently, upper trendline of the descending channel is acting as a support and GAME/BTC could start an exponential growth from this point. The first upside target is seen at 50% Fibonacci retracement level, that is BTC 0.0010 psychological round number. It also corresponds to the previous resistance during July-August 2017. Only break and close below 10k satoshi support could invalidate bullish outlook.
Currently, upper trendline of the descending channel is acting as a support and GAME/BTC could start an exponential growth from this point. The first upside target is seen at 50% Fibonacci retracement level, that is BTC 0.0010 psychological round number. It also corresponds to the previous resistance during July-August 2017. Only break and close below 10k satoshi support could invalidate bullish outlook.