Gambit Coin (GAM) Analysis: Target $18.04 (233% Profit Potential!!); This Analysis has all the details!!

in #bitcoin7 years ago

SUMMARY

Gambit (GAM) is crouching, drawing in all the muscle sinews to get round and leap its price to all time new highs! The chart below shows that five impulse waves have been complete (circled white waves i,ii,iii,iv,v). Elliott Waves states that after five waves, there is a requisite reactionary or retracement in three waves. To this end, the red a,b,c waves have retraced well into the prior wave iv price zone. Price can perhaps delay a bit and move closer to the apex but not required. The blue waves outline the price pathway towards the target of $18.01 or much higher!

The chart below is that of GAM/BTC pair. Five waves have been completed and as required, the a,b,c red waves are complete. Look how close price is to the apex point! This baby is going to explode any time, any moment...the breakout should be a site to behold! Target is 0.0039 BTC

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
--
--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - d2e60e9856c36f34
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

Sort:  

nice post

I love analysis on coins like this because nobody puts TA before FA I've seen on youtube- I mean nobody.

I wish you MASSIVE profits!!!

Haegin, so what is the buy zone, when it busts out above .00106?

This wonderful post has received a bellyrub 35.71 % upvote from @bellyrub. Please make sure to vote for my pops as a witness @zeartul,Here