GAS/BTC has a "Triangle" chart pattern breakout, and the MACD line is still pointing upward.
Also, the candlestick sits tight above Kijun-sen, but we still cannot confirm the market is short term bullish unless we see a Tenkan-sen & Kijun-sen crossover.
Therefore, the first target (Target 1) to be set near 0.00274, which is very close to the highest price on...
Watch to verify support crossing fib line. Currently appears to be holding.
Target- top of cloud and 0.618 fib lines. Watch price action at top of cloud.
NEO is a Chinese based dBFT (delegated Byzantine Fault Tolerance) protocol. Backed by Chinese fintech giant OnChain and sister project to Ontology (retail arm)
GAS is paid to NEO holders to Stake the NEO token and keep the NEO network running. In order to run DAPPS on NEO you're consuming its processing resources which need to be paid in GAS. The more the NEO...
Guys I was talking about this earlier on the stream that gas was forming this inverse head and shoulders and its really forming quite well here. Got in on bottom of right shoulder at 2400 satoshi so hoping this plays out like we wanted! Maybe at least to the cloud.
GAS looking good potential in coming days. 4 hour chart shows some uptrend signs and so is RSI.
In my view, enter now or below 0.0028 short term targets 0.0031-0.0036 sats (i am not a long term trader).
TP at Fibonacci resistance levels or hold for long term profit. Please DYOR.
Please hit "LIKE" to support, Happy Trading!
Basics of ICHIMOKU :
There are five...
Inverted head & shoulders or bottom - doesn't matter actually.
What matters - gas accurately respects price levels and right now a solid level approaches.
This is a medium risk trade
Demand zones is where I see it dropping. It can bounce from either of them. Stop losses is a necessity here for short, medium term holders.
MACD with RSI show positive outlook in medium term
Chart is self explanatory. Main descend is partially due to decreased volume
Do not invest what you can't afford to lose. We are not your...
BINANCE:GASBTC
BITMEX:XBT
All,
Look at the all time chart we see GAS might be in a strong demand zone. We have a double bottom and signs of a trend line/reversal building. Just a matter if Bitcoin can hang in so we can get this moving. If not as always father BTC will write this story (sadly).
GAS is seemingly moving in downtrend channel against BTC and is closing to support at 0.0022 levels AND lower line of the channel. It may be expected that price will reverse and may visit the upper line of the channel and previous resistance at 0.00305 - 0.0032 level. Fairly tight stop loss can be set in this scenario which offers an attractive Risk Reward ratio...
Trade example for buy in bull altcoin market
Bitcoin dominance started to drop fast, that means bull market for altcoins and bear/consolidation for bitcoin market.
Hello, and welcome to my first analysis on NEOBTC !
FYI: SKIP TO THE END IF YOU JUST WANT TO READ THE ANALYSIS...
First, for those who do not know, what is NEOBTC ?!?
NEO is often considered China's response to Ethereum, and is China's first ever open-source blockchain. Its platform facilitates the development of digital assets and smart contracts. The...
BTC/GAS
Volume Volume Volume. Right now there isn't much of it at all on GAS. Still going to be keeping a close eye on the price, alerts set.
This chart shows my idea of two likely scenarios. The yellow pattern is from a previous runup, I found there was a similar squeeze just prior to that previous price hike.
I'll have a tight stop loss should the trade...
