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GAMEFI.ORG / TETHER

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GAFIUSDT trade ideas

GAFI - "Thank Me Later" 😄🚀Well this is a bit of a funny one 😄. So having been publishing bearish charts for some time in crypto I received a some smug PM's from crypto fanatics, especially near BTC top and they were believing they were geniuses of course and to them I was probably some backwards charting fool, too naïve to realise the gains in hodling crypto. And so in November when GAFI was up at around $200 I receive a pm saying exactly what is on the chart - "still perma bear? 😉 tip: get long into crypto gaming. thank me later" So I replied - "Tell me any 1 crypto gaming name and we'll see if its higher or lower than here in 1 year?" And he wrote back - "GameFi hear from you in 1 year." And we did talk more and I wont bore you with too much but he did tell me that "crypto is going to be THE largest asset class in the world in the not too distant future. The END." - so I guess he didn't sell the top... Anyhow although its still 4 months to go I have actually tried to contact him but received no replies and its surprising considering that GAFI has now lost about 96% since he first contacted me. Perhaps he is a bit sore and no longer has interest in discussing our sp0rting bet. ... Anyway - some charting: GAFI has started drifting sideways having almost hit the long term 1:0.618 extension and has hit the reverse 1.618 projection taken from the 2 previous significant pivots. Now as it drifts sideways there is some clear bullish RSI divergence coming in on the daily candle. This is an ultra volatile chart and so it comes with high risk but I think that the low should come near these anchoring fibs, and it could drift a bit below but I think the bottom is in or nearly in here. And this is also in consideration that I think BTC is bottoming in this area. If BTC does plummet then I will have to review the fibs, but I think it all looks good currently. If it does take off that volatility should continue to the upside. This coin comes with more risk being so low ranked down at 732. So I'm buying a small amount here and now 8 months later I'll say - thank you @MrDopeFish 😄. Not advice.
Long
by dRends35
10