GAMECREDITS Price Action

in #game7 years ago (edited)

GAME has been in a steady downward trend. Multiple times it has bumped into falling resistance and that resistance has held. Finally it fell down a major level of support.
[GAME 4HR CHART]
GAME1.PNG

Its now had 2 breakout attempts from the falling resistance and its coming from a good area of support for buyers to come back in.
[GAME 4HR CHART]
GAME2.PNG

It bounced strong off support level and currently has bumped into another area of resistacne where it currently trades. The green candles off support level are looking strong so i could expect it to continue higher
[GAME 4HR CHART]
GAME3.PNG

[GAME 4HR CHART]
If price gets stuck in the highligted pink zone, it could end up going back down into the previous support level or possibly even lower. If price can stay above the pink zone i should expect higher prices to the major area of resistance highlighte by the red box.
GAME4.PNG

This not a signal service, nor is it financial advise. You buy and sell as you please.
Plese upvote if you like.
Happy trading folks.