GeoCoin (GEO) Overview
GeoCoin provides a real-world scavenger hunt that is rewarded with cryptocurrency. Through the GeoCashing interface, users are able to 'mine' GEO through a process referred to as "Proof-of-Location" (PoL). Using the smartphone GPS, users can navigate to the location of the nearest GEO on the map to earn cryptocurrency through a blockchain-based gaming experience.
Websites: geocoin.cash & http://geo.money/
GeoCoin (GEOBTC) Chart & Analysis
This one has been available for trading on Bittrex since February 2015. We will first look at GeoCoin (GEOBTC) long-term, the full chart, and later look at it closer for learning and entertainment purposes... Let's get started.
- On the chart above we see GEOBTC long-term. We can notice a broken downtrend line as well as the long-term Fibonacci targets/resistance levels, and potential profits.
- We have strong bullish divergence with the MACD, since June 2018 forward, this is marked on the chart with purple lines.
- EMA50 (yellow line) is sitting at 0.00005227. Just as an example for learning: If EMA10 is broken, this is the weekly timeframe (each candle goes for 7 days), EMA50 is very likely to be challenged next. So looking for a break of EMA10 on the weekly timeframe, can open the door to 100%+ of earnings. From the current price, 0.00002391, to EMA50 at 0.00005227, you get over 100%. You can easily spot a move like this just by looking at the EMA (Exponential Moving Average) lines, a very useful indicator for charting and technical analysis.
Let's take a closer look at the chart:
- When we look at it closer, we can see some higher lows being printed with long wick candles (small green arrows).
- Now a break of EMA10 is starting to happen. This signal needs daily candle closure for confirmation. If the price closes above EMA10 the signal is confirmed. If it closes below it gets invalidated.
- The indicators are starting to curve even though it is still early (MACD and RSI).
- It is not important to go into much details here, the market moves in cycles. If GEOBTC doesn't break the resistance this time around, in the form of EMA50/EMA100 and Fib. levels, it will consolidate longer and then try again... The tendency is now towards the upside. The trend is changing, the market is turning from bearish to bull... Let's continue with the trade details.
GeoCoin (GEOBTC) Trade Numbers by Alan Masters
Buy-in: 0.00002130 - 0.00002550
Next support: 0.00001770
1) 0.00003700 |Hit 2-Jan. (+55%)
Profits potential: 402% | 2965%
(Current price 0.00002391)
Stop-loss: Close weekly below 0.00001150
Capital allocation: <8%.
☘️ APPRECIATION FOR WEALTH & BLISS
Being grateful is sharing our feeling of appreciation.
For wealth and bliss, appreciate what you already have, instead of asking for what you want to receive.
"Thank you God for this beautiful life."
"Thank you for another day in which I can breathe."
"Thank you for the house, thank you for the food, thank you for the love, the care, and the bliss."
Thank you, thank you, thank you!
Now, with the feeling of being grateful, visualize anything and everything that you want to see in this lifetime.
It can be anything that you want to experience in this life, it is your choice, limitless...
As you finish visualizing yourself, in all those places, all those feelings, all those experiences bathed in extreme WEALTH & BLISS...
Take another second to say Thank you again and start appreciating everything that you already have, be grateful, because that's the true way to ask for, attract and accept your own Wealth & Bliss.