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...
Game Credits already down for more than 94%,
Right now GAMECREDIT success break up falling wedge pattern.
This is a good sign for bullish.
At right chart (zoom in),
we can buy this coin at support channel up, and set target at resistance channel up.
If this resistance break up, we can set new target at resistance 1 (left chart) at 8323 with maximum target at...
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.
Cleaner charts are included.
So real quick: Falling wedge, will lead to a spike and drop, which will indicate the beginning of accumulation phase.
Start slow accumulation based on your budget/risk.
Anything in the ranges of 5500 to 5000 is a good entry. Anything below 5000 is a god sent, provided this is a legit coin, and yada yada oh and btc is not dead or...
Due to the correlation between BTC and altcoins, all the structure and momentum that was beginning to be created in the last few days were lost as BTC price went down and test lower levels.
BTC higher term market state seems to be pivoting but we remain cautious and doubtful on volumes.
Some coins have awoken our interest but we need more structure and volume.