GAS/BTC - a map for the future
Gas retraced more than 98% against BTC, which is quite a lot, and started what seems an accumulation phase after 11th September 2019
The green line will be a strong support, and the first RED line will be a possible Target at 2777.
If it will b able to close a weekly candle above it, the other long term goals could be 4440.
Lastly, if it would be able to close a weekly candle above 4440, it could aim to 6111
As you can see 4440 and 6111 are less colored because are less probable.
The Pink dates could be a moment where the price tend to bounce up or slow any eventual fall.
In the short term, it is possible that the price could be rejected by the red eye.
LS MASTER TRADING SYSTEM
Gas retraced more than 98% against BTC, which is quite a lot, and started what seems an accumulation phase after 11th September 2019
The green line will be a strong support, and the first RED line will be a possible Target at 2777.
If it will b able to close a weekly candle above it, the other long term goals could be 4440.
Lastly, if it would be able to close a weekly candle above 4440, it could aim to 6111
As you can see 4440 and 6111 are less colored because are less probable.
The Pink dates could be a moment where the price tend to bounce up or slow any eventual fall.
In the short term, it is possible that the price could be rejected by the red eye.
LS MASTER TRADING SYSTEM
Comment:
Price has been rejected by the eye at his first touch as forecasted
Trade closed: target reached