Get started

Neogas

POST1: Cheap GAS2NEO Ratio@0.28As you can see from the chart above GAS is at a low on the year to date relative to NEO and is showing signs of recovery off the main support at 0.275. Price action has been slow today and yesterday. We are currently mainly invested in GAS looking to trade into NEO gradually as price tends to move upward towards the indicated sell range and resistance at 0.41. The gap between the two buy/sell zones indicated on the chart represents a 50% profit in a perfect world. Please bare in mind that price can always move lower and some NEO should be kept aside to buy even cheaper gas if this occurs. This post serves as an initial overview and reference point going forward. Binance is a recommended exchange for trading GAS2NEO via BTC due to high volume. Kucoin is an option due to having a directly functional GAS/NEO pairing but the market currently has very low volume. Tipjar NEO/GAS: AZcL3mYdeyjuE5nPtrsAn2oo4o4F7KCRPD
Long
by nathaniel751
2
NEO breakout incominghi guys, NEO is forming a very nice pattern here. The price is already going up towards the resistance, the stoch- and the rsi are in our favour. I think there are two possible outcomes here: option 1; NEO will rise and breakout. If so our target wille be $51. option 2; NEO will meet resistance and be pushed down again towards $34. hopefully we will meet support here and be pushed back to the resistance and than breakout. In this case our target will be $49. i think option 1 is the most likely to become reality. Pay good attention when we meet the resistance, if we do not break the resistance you can make some profit by selling. please leave a like if you agree with my idea and post a comment if you think i made a mistake :) disclaimer: all of this is my opinion, do not take this as financial advice.
by Stonksguru
3
GAS vs Bitcoin Getting TractionGAS has found the support at btc 0.0024, that is 76.4% Fibonacci retracement level. This support has been rejected twice, along with the uptrend trendline. The wave up followed, where GAS/BTC broke above the downtrend trendline suggesting the beginning of the uptrend. Nearest upside resistance is seen at 38.2% Fibonacci, that is btc 0.0038. Previously this level has been acting as the support and then resistance, therefore it is reasonable to expect some resistance again. While the price continues to print higher highs and higher lows, the downtrend seems to be unlikely at this point. Only break and close below the btc 0.002 could invalidate bullish outlook and establish the downtrend.
Long
by CryptoPAMM
NEO: China's bitcoin/EthereumNEO has been a sleep under dog since the beginning of December but cine 12/1/17 it has quadrupled in price from the 30's to the 120's. I believe NEO will have an amazing year as the industry sees more ICOs coming out of China under NEO's blockchain System. It is difficult to do a technical analysis on coin that have nowhere to go but up. If Neo stays in the same bullish trend line, then we could see NEO quadruple again. It's about dollar cost averaging into a position and hodling for the future.
BITFINEX:NEOUSD
by brentonyoung