VERY good potential for a x5/6 Hodl here
we all know the gaming industry will undergo big changes and like most other industries blockchains will vital to future growth in this sector
filling bags as near to the red basline as poss
What are GameCredits?
Welcome back Friends and Foes
(We dont discriminate)...
...Except maybe Bcash Fan Boys... ;)
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...
GAME/BTC FLAG FORMATION AND TREND CONTINUATION
If you have shares:
- sell if you have not been knocked out within 4 weeks of the start of the formation
- sell if there was a distinct increase in volume during the movement that did not lead to the breakout
- sell if the break has not occurred within 3 weeks of the beginning of the formation and the
Buy Zone: 18300 or below
T 1: 19700
T 2: 22500
T 3: 24800
T 4: 26600
This trade in current market is considered risky, but we have very tight stop loss and really good bullish sings, I'm entering it for sure!
GameCredits has found the support at 88.6% Fibonacci retracement level, that is 14k satoshis. The support has been rejected several times on a daily time-frame, followed by the move higher and break above the 50 Moving Average.
Currently the Moving Average is acting as the support and this could be the starting point for the uptrend continuation. The key...
Bullish flag has been formed and now the price went above the Ichimoku cloud. Overall the chart look great and there is a good opportunity to make profit. Technical indicators are bullish: Bull Bear power, EMA and SMA are very positive.