My guesstimate on the chart.
While massively oversold on RSI and other indicators, GAS is not showing any "signs of life" yet. Bears in full control.
Based on historical trendlines, I would expect a high-volume sell-off (capitulation) and strong bounce somewhere around 680-700 sat area.
GAS Getting Close To An Upwards Breakout Multibags Soon ?
Gas Looking Ready To Move
EMA Ribbons are tightening
Probable u shaped bottom
Target 1 0.0002706 sat
Target 2 0.0003466 sat
Target 3 0.0006785 sat
HOLDers Potential for higher targets
Purchase in the area of 0.00017 - 0.000151
1 - 0.000210
2 - 0.000260
3 - 0.000313
4 - 0.000400
Fixation below the green trend line, the price may turn into accumulation
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Waiting for your comment, what do you think about this?
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...