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!
GAMECREDITS / Bitcoin long setup (daily)
Price bounced on ancient strong support level 0.00002 tested on october 2015 and january 2016 and made big movement on it ( see on monthly timeframe) . We have a RSI divergence , new rise of volume of transactions and a breakout of falling parallel channel with a pull back on it . I'm expecting to a see an important...
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.
Price is getting closer to the trend line support in daily time frame, aggressive entry could be around the green box region, safe entry could be break and close above the strong resistance around 2600 price range.
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IF the lower support line of this formation will be broken, then that idea failed and is no longer valid....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.
GAME lost 97.63% in the 2018 crash and is now oversold. The RSI made bullish divergence on the weekly and daily + GAME is about to breakout of this falling wedge.
Buy & sell positions in our crypto signal scanner (comment).
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...