we can all see btc dominance approaching its breakdown and a looming alt spring, this thing is going to be one of those ignorant pieces of garbage that pumps the hardest %wise because of how much it bled. That's my take if this is the way the markets shifting, bullish tk cross with price above cloud on the daily should play out well.
Looks like $GAME completed cycle and ready to start moving up again.
Price reached oversold area on weekly RSI and since then has been showing bullish divergence.
$GAME has quite low supply and good PPT!
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Lots of bullish news and weekly updates from the developers. They are working towards a Steam platform model and will offer over 3000 games for sale (using the GAME token), as well as partnerships within the gaming & blockchain industry.
It seems like bullish Triangle Fomration is being formed in GameCredits.
Upper resistance at 2640 sat. And another 200dMA resistance area (I dont know where it will be exactly on the breakout day) slightly above.
Target at around 3500 - 3600 sat.
IF the lower support line of this formation will be broken, then that idea failed and is no longer valid....
After big crash in the price due to problems between MGO and GAME it seems that GAME is about to recover some worth. Small signals of recovering are oversold GAME, the accumulation in November and December and a new uptrend could lead to mini rally in the next months. Target around 7500 sats.
Alt Coin Analysis - Points out of 10
Date : Since 2014 ( 7 / 10 )
Volume 24 H : 17 BTC ( 2 / 10 )
Available Markets* ( 4 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **323 ( 4 / 10 )
Website ( 4 / 10 )
Type Payment solutions built by game developer
Overall ( 5 /10 )
It looks like if found the bottom. Otherwise, IT WILL GONE forever!!!
98% down from June...
The gaming industry has been growing at a very rapid rate in the recent years. Now, with the blockchain technology being widely adopted, gaming might take quite a different shape.
In the near future we might see more and more games on the blockchain, making them more accessible, flexible, faster and cheaper and profitable for gamers.
Some of the potential...
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...
Looks like we are getting close to bottom area, there is divergence on 4 hr so might be worth to give this area a bit of a try.
Am not completely confident that this is the bottom looking at higher time-frames, so I would be leaving most of position to either add on in lower box, or to add on pullback if we bounce.
I stepped back in this coin yesterday at $ 1.03. This is a coin that like to make violent moves in either direction. Not for the faint a hart but you got to risk it for the biscuit.
Don't follow. Make your own TA and risk evaluation. I love this one!
Welcome back Friends and Foes
(We dont discriminate)...
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Today the coin of choice is the mighty GameCredits!
I chose this coin because I noticed a solid long term market cycle playing out.
Prices have now landed on trending support not once but, on two separate occasions. The second of which came after a major breakout of...