$GSWIFT AnalysisAnalysis on $GSWIFT token.
After a harsh fall last few days, we entered the 0.786 - 0.886 fib area. No clear sign of reversal yet, except the RSI being in oversold territory. All SMA's are pointing out bearish currently, with the 100 SMA higher than the 20 SMA. Also, we're in a fair value gap on the weekly level.
The green scenario indicates that we fill the fvg and head upwards to create a higher low. The red scenario indicates an even lower low where we will likely bottom around the mitigation area just below the 0.886 zone. This could possibly become a deviation. Momentum seems more bearish than bullish currently. Trend is your friend until proven otherwise.
GSWIFTUSDT trade ideas
add GameSwift to your spot bag now, good idea!?We could see Gamesswift (GSWIFT) break this big big wedge anytime soon.
The market is so volatile and full of opportunity so it's hard to choose the best ones, with most speed.
If you belive in GamesSwift - I think now it's a good time to enter for a nice spot position that you could ride for a long time.
When the wedge is broken it's broken and GSWIFT are probably running fast for new price discovery.
I see GameSwift as a solid project with few exchange listings (opportunity) with more to come.
I see a potential of multiple of X:s here - non financial advice.
GSWIFT - Cup & Handle in Strong Market - Poss 36-88% profitGSWIFT is already in a confirmed UPTREND and moved to complete the CUP & HANDLE pattern, now it's a matter of how far can it run. Height of the cup should be a made level, possible continuation in this warming market for 55% & 88% in short time window. DYODD always.
GSWIFT/USDT HUGE PUMP?Could a huge pump income? looks like it by the way its acting, closing, and how the volume are increasing. rsi and oscillator being a bit natural here making it hard to say.
But it kinda looks like it wanna give a pump. This is not something i would take as a trade unless you have done ur own research and believe it would, as this could as easily be a trap before falling deep.
GSWIFT: Consolidation over - Back to trending?GSWIFT has been so strong past weeks - months even. Creeping up, unnoticed, in stealth mode. Then finally showing some significant strenght.
The consolidation below .40 seems to have come to an end and I have no reason to think it wouldn't continue it's rally (if bitcoin behaves).
We had a nice tap to the 50 level on 4 H RSI which signals it might be the end for this consolidation process and we continue up from here.
Be careful. Personally long on GSWIFT rn.
Not financial advice.
GameSwift: A Less Known Web3 Gaming Project Ready For Bullrun?The global gaming market size was valued at USD 249.55 billion in 2022 and is expected to grow from USD 281.77 billion in 2023 to USD 665.77 billion by 2030, exhibiting a CAGR of 13.1% over the study period. The rise is on account of the surging product popularity and the surging expenditure on home entertainment systems.
A good way to get exposure to this massive narrative is to look for gaming stocks like Ubisoft, EA and Nvidia. Or if you have more risk appetite, maybe you could find web3 related gaming projects interesting. I've personally been investing in all kinds of web3 gaming related projects like Naka, Gala and IMX . The latest one is GameSwift . A fresh new project with fresh new token with fresh price history. It's upside is not limited by resistance/support levels or expectations from last bullrun, since it simply didn't exist back then. It has performed well the past months and I have no reason to believe it wouldn't perform well in the upcoming crypto bullrun. The market cap is still small, 22 million, and I'm betting it's going to hit billions in 2025-2026.
GameSwift aims to become a central gaming hub/infra of web3 - like Steam is in traditional world. They describe their project on their site like this:
"Chain, Web3 Infrastructure, Platform, and Gaming Studio are the four well-designed and integrated pillars that make up the GameSwift ecosystem. Our original infrastructure facilitates implementing blockchain technology and sharing in-game resources for game developers and lets the players enjoy their gaming experience to the fullest.
The GameSwift infrastructure enables users to seamlessly access the chain from any place and any major blockchain network while simultaneously providing interoperable transfer of cross-chain data."
For more reading, here:
gameswift.io
I have Spot exposure for the project. No stop-losses set becouse this is a long term investment for me.
As usual this is not financial advice. More like investing journal to future self.