NeoGas is the next crypto/altcoin to enter the action. As if every single token needs to breakout and do some massive numbers in a single day.
We have a 97.45% increase in price in just a few hours.
Let's take a look at some of the signals on the chart:
- Right hand you have the weekly time frame chart. Which means that each candle consist of 7 days or 1 week.
- There is a clear bullish crossover on the MACD.
- Big increase in bull volume. Biggest volume since January 2018.
- RSI and STOCH now trending up and showing plenty of room left available for growth.
- 605% Profits Potential remains to all time high.
With a good close this week, you can expect additional bullish action from GASBTC, as it is happening with other altcoins. Expect higher lows, good support on retrace and additional bullish action.