GXS is having a rough couple of months but it stopped downside price action and after consolidation period it started an uptrend which is reinforced by the 20 day ema.
If we breakout below the trendline and 20 day ema it may form another cup pattern. Also Decreasing volume is not a good sign for bulls. It seems there isnt enough volume and buying power for upside...
GXS/BTC
-GXChance starting to move up again
-The price is breaking the resistance around 6250 range
-If the daily candle close above the red line
-This will signal a potential upside continuation
-Provided also a good retest of resistance flip to new support
-If you are looking for a mid-term trade
-The upside target is up to 13000 sat or higher
GXS will not stop the bearish trend at here. I think we will see it at 4000sts. We can accumulate it at this zone and wait for selling it around 6000sts
Entry : 0.00005175 - 0.00004903 - 0.00004557
Target 1 : 0.00005646
Target 2 : 0.00006281
Target 3 : 0.00007087
Target 4 : 0.00007654
Target 5 : 0.00011807
Stop loss : 0.00004314
Risk/Reward : 10%/175%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not...
The priceline os GXChain / Bitcoin Cryptocurrency is moving within a parallel channel and touched the strong support at 0.0001309 sats.
After touching the support the histogram of MACD is turning bullish.
From here the price action can hit the sell targets soon insha Allah.
The sell targets are:
Sell between: 0.0002055 to 0.0002844
Regards,
Atif Akbar (moon333)
#BUY
GXS has formed a Double Bottom pattern and in the process of downtrend, GXS has shown the possibility of meeting 2740 again in the future so we can buy as close as 1300 as possible
Recommend Sellzone : 1800-2000-2400-2740
Stoplosss if price is lower than 1300
Hello.
I see that he will go at least to the red line, if he can break through it, it will be interesting, but that’s another story.
Don't pay much attention to sine line)
ITS NOT financial advice!
