GAME credits #GAMEBTC - a 1000% profit opportunity!
This is no joke.
Read the whole analysis carefully.
TECHNICAL ANALYSIS:
The price has broken out from the falling wedge after completing the complex and time-consuming corrective wave 2. It has taken out local resistance at 0.0003555 and is now heading towards a key resistance zone between the levels of 0.000600 - 0.000700. Breaking the top of this zone is the key to further long-term increases.
At lower time frames, however, it is possible to complete the first impulsive wave and the downward correction of the lower cycle wave 2 can begin anytime now. This corrective cycle should end at the level of 61% Fibo, or 0.0002422. It is therefore a good level to enter for those who are late (first strong buyback zone). Next in order is wave 3, which should easily break the long-term swing highs at 0.0020 and go towards 0.0030 (the more accurate levels will be known after the completion of wave correction 2). Thus, playing on wave 3 increases can give up to 1000% of profit in the longer term.
Any violation of the technical support level at 0.0001030 invalidate the impulsive upward scenario completely.
TREND and IMPORTANT LEVELS:
Main trend: UP
Intermediate trend: DOWN
Daily trend: UP (up trend continuation and the possibility of breaking higher after correction termination)
KEY LEVELS:
- for further increases - level 0.000600 and later 0.000700
- for continuing correction - level 0.0003556 and 0.0002500
- for continuation of decreases - level 0.0002500
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PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
Read the whole analysis carefully.
TECHNICAL ANALYSIS:
The price has broken out from the falling wedge after completing the complex and time-consuming corrective wave 2. It has taken out local resistance at 0.0003555 and is now heading towards a key resistance zone between the levels of 0.000600 - 0.000700. Breaking the top of this zone is the key to further long-term increases.
At lower time frames, however, it is possible to complete the first impulsive wave and the downward correction of the lower cycle wave 2 can begin anytime now. This corrective cycle should end at the level of 61% Fibo, or 0.0002422. It is therefore a good level to enter for those who are late (first strong buyback zone). Next in order is wave 3, which should easily break the long-term swing highs at 0.0020 and go towards 0.0030 (the more accurate levels will be known after the completion of wave correction 2). Thus, playing on wave 3 increases can give up to 1000% of profit in the longer term.
Any violation of the technical support level at 0.0001030 invalidate the impulsive upward scenario completely.
TREND and IMPORTANT LEVELS:
Main trend: UP
Intermediate trend: DOWN
Daily trend: UP (up trend continuation and the possibility of breaking higher after correction termination)
KEY LEVELS:
- for further increases - level 0.000600 and later 0.000700
- for continuing correction - level 0.0003556 and 0.0002500
- for continuation of decreases - level 0.0002500
PS: Make sure you follow me!
PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
Commentaire:
Trade of the YEAR 2018? :)
Commentaire:
Buyback zone is 0.0002422 - 0.0002857. :)
Transaction en cours:
Five waves to the upside ar enow done. Correction time.
Buyback zone:0.0003556 - 0.000034000
Buyback zone:0.0003556 - 0.000034000
Trade fermée: cible de profit atteinte:
Another textbook example of a top in wave 1 and then a correction in wave 2. This corrective cycle might still not be completed, stay tuned!
Commentaire:
GAME might have just completed wave C at the level of 61% Fibo. Wave 3 in progress?
Transaction en cours:
One more drop towards 61% Fibo, but this level HODLed well and the market slightly recovered.
In order for impulsive growth to be possible, the price must break the golden trend line.
In order for impulsive growth to be possible, the price must break the golden trend line.
Commentaire:
$GAMEBTC $GAME nothing new, a test of the 61% Fibo and a possible breakout. Bullish outlook still valid.
