BTC-GAME GameCredits- Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2014 ( 7 / 10 )
Volume 24 H : 17 BTC ( 2 / 10 )
Available Markets* ( 4 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **323 ( 4 / 10 )
Website ( 4 / 10 )
Type Payment solutions built by game developer
Overall ( 5 /10 )
It looks like if found the bottom. Otherwise, IT WILL GONE forever!!!
98% down from June 2017 ! That's crazy. I remember Game's ATH like it was yesterday. Everyone was talking about this coin with Stratis / LBRY.
The coin is still alive. And, I am holding some Game Credits. Recently the volume is increasing for Game. It is a bullish sign. I Recommend you to get some with a stop loss order ( 10 % )
Users should migrate off of this web wallet immediately by sending coins from their web wallets to any of the following wallets: Coinomi, GameCredits-Core (QT), or Electrum (see below). Do not keep coins on exchanges for extended periods of time
medium.com
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
GAMEBTC trade ideas
GAMEBTC - Risky but It could be profitableFirstly , 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 crypto forums.
4HOUR CHART
GAME has been pretty stable even with pump/dump Bitcoin prive movements.
While candles stays above blue moving average you will be safe. So, you can put your SL below this MA
DAILY CHART
RSI downtrend has been broken and it started to move up
CCI turned into green and bloody downtrend seems finished.
The bad thing is how this coin is being rejected by the red moving average. If this coin dont break the new trendline drawed it probably could stay above it on a bullish signal.
Broken trendline on the downside, means you have to cut loss,leave and wait
Conclusion :
My personal short/long term targets are drawed in the boxes.....But on this case, im not giving any fixed signal in there since you have to stay looking at different facts and how this coin continue performing. If this coin finally solve its big fundamental problems thats could be a very good chance. However still being a very risky asset to invest if you are long-term player
Good luck
PD: ( I had to upload this idea again because Tradeview deleted it, sorry)
GAMEBTCGame 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 18205
Note : If this pattern failed, we have support at 2680
GAME-BTC, in a good location to take positionDue 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.
We will continue to update for any trade suggestions.
GAME/BTC FLAG FORMATION AND TREND CONTINUATIONGAME/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
volume does not behave perfectly according to the theory
- if it breaks down, sell it immediately
If you do not have shares:
- buy after the formation formation with a good rotation volume system, not waiting for the upward break (if you sold earlier - when you reach the formation, buy even at higher prices)