Gaming
exploding is nearcrab harmonic pattern:
AB=0.61 XA
BC=0.88 AB
tp1=1.6 BC=$3.84
tp2=2.24 BC=$7.15
tp3=2.6 BC=$10.5
tp4=1.6 XA=$11.5
tp5=3.6 BC=$28
RBLX back to retest 100! RBLX Daily TF
Roblox on discount, as price continues to drop due to a decline in active users. After a massive rally to ATH its only right we see a pullback before the rocket takes off again. Has a bit more room for a golden retracement to .618 level (76.96). Wouldn't jump the gun on calls just yet unless downtrend is broken which signals reversal or we get a dip to 76 level.
Targets: 90, 103, 117
Trade idea:
76-80 scale in month out calls atm/otm, full entry on the breakout of downtrend
Shares - safer option as well
Will Fans...Unite?FANS back at historic resistance from a few weeks ago. With the murmurs of excitement in esports, looks like things are picking back up from related names. The biggest question is will the momo keep going or does it fail at resistance again? Still really light on the newsflow so could just be sympathy sentiment driving momentum.
"FansUnite has also achieved several fundamental milestones in the last few months. Namely, the company entered a brand partnership with Cash Live Inc. The goal of this deal is to launch FansUnite branded live games on the Cash Live mobile app. The company already has a minority interest in Cash Live, which offers a free-to-play gaming app designed for mobile devices. The tech start-up has a poker and social casino game show platform with daily live-streamed shows paying out real cash to winners."
Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth
Angler Gaming Long 01/06/21Angler Gaming is a company that has had a fantastic year both in price action and fundamentally. It has now created a harmonic pattern that suggest a increase of approximately 115%. This target is resonable since the company has a fairly low valuation compared to the huge successes it has made. The big price action upwards from the important support level around 26 SEK indicates strength and further rise. The fibonaci levels on the chart are good levels to sell/buy but the long-term target is still around 56,75 SEK. My sell stop loss is 25,75 SEK, a price action that breaks that level suggest a further pullback. What are your thoughts?
Reddit Pumped Roblox - The Usual Lame Ducks - Valuation MattersThe crypto ponzi pogs and stonks go poof.
THETA/USDT: Finally a pullback for a new entry.THETA was amongst the best performing coins considering the last 12 months.
Finally we see some pullback for new entry opportunities.
The upwards moving trendline did act very well as support so far.
As gaming and streaming will become bigger and bigger also THETA is likely to increase in value.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
$GMBL Update - Up Nearly 17% from Original Post GMBL Breaking out of its downward trend strongly, with a range like this, expect this to have room to run higher as ATH's have been $20+. No where near overbought and the reversal is just beginning, will update when I exit
$PENN Update - 4% Day Since Post Yesterday PENN gaming bouncing off the 200DMA as I predicted yesterday, will easily carry this to $100 IMO, not only do we have support at the $75 level, but we also have an upward trendline from August of 2020 that gives this 3 technical confirmations and bullish outlooks for an upward movement towards my target of $110.
$PENN LONG - First Target $110.00 PENN Gaming reversing from an oversold area looking to bounce off its 200 day moving average, in my opinion $80 is a fair price for a swing towards $110 near term. Not only is this respecting its support line near $75, but its trendline since August of last year. $110 is a conservative target, considering its trading range near $140 in March. Negative MACD value at these levels can give this reversal a lot of momentum to the upside if the market agrees with pushing this higher
Nvidia & the Chip Shortage - Overbought Ponzi Pogs - CryptoCrashThe #metaverse is real. Chips are great. Imagine running a chip biz in this shit show. lmao.
#PonziPogs #CryptoCrash #DogeFather #FailArmy
$NERD Technical AnalysisGaming and eSports are here to stay! One of my favorite ETFs of this particular sector is $NERD.
$PLAY.X HEROcoin microcap alt 1000%?If we retrace to 2019 ATH’s, as you could imagine as the chart starts to pull up from the bottom almost exactly two years later. If it makes a “U”... ? Super cheap. Less than 10 MM marketcap. Recent major acquisition. Public roadmap just released. GLTA. Join our StockTwits thread for vids and DD journey.
$PLAY.X HEROcoin microcap alt 10-20x?Less than $10 million USD marketcap esports gambling token. If it retraces 2019 ATH we’re looking at powerful upside. Good logo, good name, good ticker. Check it out.
MANA WILL LAND ONTO NEW TERRITORYWe can witness a positive cross in the MACD indicator.
RSI is poised to move higher.
MAs and EMAs are perfectly aligned.
Targets: 1.8/2.09/2.4
ALICE WILL DANCE ITS WAY UPThere is a golden cross.
RSI beckons a positive move.
EMA50 is a strong support.
EMA30 is a resistance area for now.
Volume is strong.
Resistance zones are in red, and support zones are in green. Plus, some resistance areas are minor and some are major. If you look at the price action history, you will pick up on that.
CAUTION: Open a trade after a candle closes above 15.30.
Targets are: 17.28, 18.31, 21.3
THETA/USDT Update: New entry finally triggered. What's next?THETA is one of the best performing coins over the last year.
We finally see some retracement and possible entries.
The streaming industry won't back down and theta is currently the leader in the crypto space in this business.
Short term it is unclear where we are heading since we also have bigger potential for more downwards movement.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Break out soon in $EGLX ? Breakout soon to be expected. With lower volume and an rsi divergence compared to the stock price I believe in more volatile action in the near term. Fundamentals and past price action could imply higher levels.
Longterm PlayFor those interested in gaming and streaming, this is a nice option to diversify with.
Great potential in 3-5 years but it is a higher risk factor.
They also own Scuff gaming and create gaming PCs.
Using a more fundamental approach here.
CTSI Looks great for the futureCTSI was break the trendline on TF4H, and now waiting closing and retest. Personally I hope CTSI can touch rectangle area because I want buy CTSI from these zone. I still believe CTSI on bullish zone on daily trend, and I think we can see a big move in quarter 3 and quarter 4 2021 because there are many event on that quarter.
Check fundamental CTSI below.
