Gaming
Tron aims to dominate blockchain gamingGaming remains a multi-billion industry which is step by step moving onto the blockchain. This is a very slow process although it has begun. More and more games are being built on the blockchain and/or starting to adopt the technology in some way.
Tron is one of the coins that is heavily involved in Gaming which is moving at a very high pace in that direction. With such a deep involvement, it could be one of the top gaming coins, staying on the top of all the competitors. TRX has very strong technical capabilities, which might or should attract developers for building complex online games utilizing all the benefits of the decentralized environment.
Recently, Tron has launched its’ first game called Magic Academy, where players can interact with each other, allowing to buy, sell and trade their games. While this was a massive step by Tron, the TRX team didn't’ stop there.
Now they are planning to release the second game called “Coin War”. This is a new cryptocurrency entertainment prediction scenario. It created by FCC team based on the financial prediction scenario. Coin War is set to be utilized for prediction in price changes of the most popular cryptocurrencies, along with the trend forecasting of the stock market indexes.
Since the beginning of the month, when TRX laughed their first game, price has been rising from BTC 0.022 area, up to the BTC 0.027 resistance. Currently TRX/BTC stands at the same price as it was at the beginning of October. Its not much of a progress for the Tron, but there is a positive aspect of such price activity.
First of all, it broke the triangle pattern, establishing higher highs and higher lows pattern, thus suggesting the validity of an uptrend. Second, price remains above the BTC 0.022 support area, which in fact, has been rejected cleanly today.
TRX/BTC has reached precisely 88.6% Fibonacci retracement, hitting BTC 0.0215 low, producing spike and bouncing off. Another fact worth paying attention to, is that under the heavy trade volume TRX failed to break below the support, and actually did the opposite. While price remains above the support, some may interpret it as the the bottom of the current corrective wave down. Yes, its a risky assumption, but its a game of the risk and reward, but upside potential is there. First resistance is seen at BTC 0.023, second at 0.026 and third at 0.027.
With the probability of the uptrend continuation, further price decline should also be considered probable. RSI oscillator broke below the uptrend trendline, that can provoke a selloff, resulting in the price drop down to BTC 0.019 or even 0.015. But this scenario will gain power only if the current support is broken, with the daily break and close below BTC 0.0215.
To summarize, fundamentally, Tron seem to have very strong future, although there is a lot to prove in the future. As the support is holding, uptrend will continue. But break below it, can result in a lost confidence by investors and rapid drop in price.
GameCredits (GAME) and the Rise of Gaming Industry in blockchainThe 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 benefits are:
1. Ability to purchase games with cryptocurrency.
2. Having the Digital ID and settings, that can be used across multiple games.
3. Buy and sell virtual good for cryptocurrency
4. Run games on a blockchain, without having to install it on your computer.
and the list goes on…
One of the coins that trying to be a player in the blockchain gaming industry is GameCredits (GAME) - a blockchain-based digital currency widely used by the gaming community.
Obviously, the gaming industry is just at the very early stage of “migration” into the blockchain. As the technology is getting more and more adopted by big players, price of gaming related tokes could have a very strong increase in rice over the long-term.
Looking at GAME/BTC, it is currently trading at 2624 satoshis, which is almost the same price as exactly 3 years ago. GAME produced an all time high back in June 2017, when it reached btc 0.002. Considering the price at the all-time high and the recent low at 2400 sats, GAME lost to Bitcoin over 98%!
Truly a huge drop in price, but it actually might be a signal on a very strong recovery. The price is very low even in relation to the total coin supply. During the past 3 months, GAME/BTC has found a strong support at 2500 satoshis level, which has been rejected 3 times. RSI has formed abolish divergence and the action has started.
On the 23rd of September, under the heavy trade volume, price broke above the downtrend. Simultaneously, RSI oscillator uptrend trendline was rejected, while the descending channel broken. Possibly, these are signals of a trend reversal?
Of course there is such probability, yet the risk of buying GAME at this stage is very high, but the rewards is also high. If current support will continue to hold, price might start moving up towards the strong resistance at btc 0.0002. Not only this is a 38.2% Fibonacci retracement level, but also a price level where the GAME was traded with the high volume and finally, it is a round number, which is a psychological level of resistance. Therefore, this could be a 700% potential gain overall.
On the other hand, if the support is broken, more range trading could take place. Price might even decline further, down to the 1.272% Fibonacci support at 172 satoshis. RSI break below the uptrend trendline, might be the way to recognize the downtrend continuation.
As the last point, GAME/BTC has recently retraced down to the Fib support that has been rejected along with the uptrend trendline. Is it a reversal?
Blizzard strong buyFundamentals
81.57. O.42% DIVIDEND
Based in Santa Monica, CA
Full time employees: 9,625
Develops and distributes content and services on video game consoles, personal computers and mobile devices. Operates through 3 segments: Activision Publishing, Blizzard Entertainment and King Digital Entertainment. Its products include various genres: first person shooter, action/adventure, role playing, strategy and others.
STOXLINE rates it at a STRONG BUY with 4 Green Stars. Predicts stock will be 96.31 in 6 months.
EPS: 2.210
P/E: 36.91
P/E Growth ratio: 0.01
Technicals
ATVI is in a strong bull phase. It has broken new highs, but is pressing against the upper bound of the Kovach Reversals Indicator (KRI), which indicates that it may face a retracement soon. The Kovach Momentum Indicators are very strong, which again suggests we may face a retracement soon.
GAME weekly chart: Blockchaining the gaming industry [BTFD]GameCredits
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
more info:
gamecredits.com
coinsutra.com
What are GameCredits?
GameCredits (GAME) is a digital currency based on blockchain. Its purpose is to become the universal currency for 2.6 billion gamers worldwide, to empower game developers both big and small in order to further grow the 100 billion dollar gaming industry, and to accelerate the wide adoption of decentralized cryptocurrencies as a better alternative to government-issued fiats.
– GameCredits
UKG BUYThe temporary resistance line at 2700 sats looks to have turned to support for this gaming token. The fundamentals are strong with this project and the team is very active on the various community platforms. The project is much further than most higher priced positions and the incentive to use the coin is very apparent. I am bullish on this position and see an opportunity for a nice 100% return in the very short term. No further TA really required.
Given the current market sentiment with ALTS flying, this is a perfect entry to earn a nice return. This is also a good longterm HODL IMO but the short term gains are also attractive.
UKG - 100% retrace w/ New Gaming Acquisition This is a recipe for a breakout. I'm calling a breakout this week, pending BTC continues it's bullish trend upwards to our short term target of $11K. This coin has a bright future in the gaming industry.
CYOU bull flag target = Fibo's extension levelPullback after hitting Fibo's 261.8 from Mar-Apr retracement CYOU's bull flag target = Fibo's 423.6 ...Coincidence?
Shark Cards sellout & Story LineI talked past view days to a view gamers as we met for a Twitch Aniversary and good some good indications for the future things here. Those people played over 900 hours of this game (solo), so they have the experience to say what is going on.
First of all, still a lot of hackers are online, nobody gets banned / maybe a view, but you can't do anything against them. Even if you usually play, they could spam you money, and you get banned. That is a big issue in the game, still not fixed. So that leads a lot of people to play Story Modus, which is annoying over time or quit the game. That is a loos in money because Shark Cards are the main income stream of the game after you purchased the game.
Positive for us investors is that the last DLC got some new items in the game which are high priced which leads people to buy Shark Cards. Depending what you want to get you have to invest around $200 to get an Office, Car and some other stuff. If someone plays the game longer, he may have a lot of money or still a bite of the cake so they would have to invest also between $30-$90 which is still pretty good.
In the end, we have people leaving the game, joining again because of the DLC, buy Shark Cards to get faster in the game or on top.
Opportunities:
1. In my opinion, a movie would make a lot of sense or a series. I mean, this is a game people enjoy, love and we have seen the real people like Trevor or Michael in real life. So there would be a chance to get a one-hit wonder again.
2. To continue the story with a paid DLC would also make sense or a second storyline to keep with this characters. It makes a lot of fun to play the story, and maybe it would be nice to get a more extended story, with more heists going on. That would be one of the principal things to continue the game without online gaming & cheaters.
Conclusion: I see a long-term profit opportunity here because for short-term we are moving to slow and we have not enough space to rice to new dimensions.
To get a good hit here, I would say I have to invest around 20-60k to have a good profit by the end of the year.
To much risk, in my opinion, to put that much on it, I would go with 10k which could lead to profit around 1k+.
Not much but maybe we get the space we need, and some new fresh wind will come in for Take-Two
What's the difference between ENJ and NASA? ENJ will moon again.Enjin coin is going to be HUGE in 2018 and 2019.
Available on Binance, KuCoin and more
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Fundamentals and news:
ENJIN COIN (ENJ) NEWS
* 2 Major partnerships coming up soon! (1 this month, possibly both, no set ETA)
* 1 Big Exchange in March
* 1 Bonus exchange on approx 22 of Feb - Singapore time
* iOS aiming for development completion by end of this month, release is set for Q1 pending apple store approval
* SDKs under rapid development to be showcased at the GDC
* EnjinX User Interface completed , development has begun!
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Technical Analysis
I think we will go down slightly more and then bounce off the bullish trend line
MACD going up, RSI going up.
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Buy-in zone:
Under 0.00002050
Stop loss: This is your decision, evaluate your risk management, see how long you want to hold the coin for before selling. adjust your stop loss accordingly.
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Target (short-mid):
2400
2600
2800
3000
This coin will be massive in 2018. mark my words.
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Unikoin good for 50%+?This coin has recently been added to Bittrex. It is currently trading below its ICO price and is respecting fibonacci levels.
3 targets.
This is not trading advice, trade at your own risk.
FunFair - game onA cryptocurrency on the move. Add it to your wallet.
Go long at the mean around . 035.
Lookupwards around .070 - .10 for a target.
Stop would be below .020
Risk Reward is 3+ .... :)
Decent back in Ascent - Big plans for this coin - HODL and TRADLgreat entry point around the .00007 mark
ATVI updated long opportunitybuy point ~ $61
target ~ $66.7
stop loss ~ $59.7
potential gain of approximately 9%
potential loss of approximately 2%
slightly better than 4:1 risk reward ratio
catalysts for this stock in the upcoming months:
+their overwatch league will be launching soon
+their new call of duty game will release ahead of the holiday season
AMD for 10,41$OK, I got to admit, AMD ist one of my always.heroes and as fanboy I suffered a lot, that their graphic devices chased nvidia and intel ones. But this move on the lows of 2009 can't be luck. AMD now has one step ahead intel and (!!!) nvidia- the first time by the way. Many of you are more experts than me. But just look the GPU structure of RX470/RX480 and this mother of a beast AMD Zen.
I think the cooperation with microsoft is not quite reasonable for this rally. As many of you know that can change fast.