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So risky and unclear patterns. GAS c'mon ! -For my records.
choose your risk adversity level and spin the wheel boi seriously tho this thing is good for at least 15%
For 5 days now, GASBTC has been coiling and it looks like it's ready to make a move higher. With Squeezes across most timeframes (as you can see here on the 4 hour chart) I'm looking at a target around .003021 (.382 Fib Extension), just shy of 9% move from here. If this Bull Flag patterns fails, I'll be out relatively quickly with about a 1.55% stop.
Ladies and gents, No need to explain much here. Just take a pass despite this false impulse. Wait for the 0.0021-0.0022 range.
GAS 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...
Gas has been correcting since it hit the market in a symmetrical triangle. What I have labeled is an ABCDE correction in the cycle degree, and the current correction is a WXYXZ, and because the Z wave is going to end on the upper resistance line, the price is going to fall back further, which would be a final wave E from the cycle count.
100% of income for 1.5 months
No reason why we shouldn't continue this solid uptrend movement. If you zoom out to the 3 month you can see we have clearly bottomed. Zooming out to full 1 month view you will see the uptrend confirmed. Swings are pretty obvious should be easy profits all the way up to 0.004500.
whole chart looks like inverse H&S - but each pump has been a lower high. Will be interesting to see if we break that threshold
There is a strong Cup and Handle Pattern forming on the BTCGAS hourly chart. Wait for retracement to support area highlighted in green and then an upward reversal towards breakout. *I am not a professional trader or financial advisor. Please trade at your own risk!*
There is a strong cup and handle pattern forming for GASBTC. Look for retracement to support highlighted in green area and then an upward reversal towards breakout. *I am not a professional trader. Please do not take my analysis as financial advice and trade at your own risk.*
Hey all, first 'Idea' I've posted on here, so take it with a grain of salt but I do hope it helps at least a few people make some $$ :) I've been following this trend for about three days now, and it's seeming pretty solid should the market carry on the way it is. Let me know what you all think.
Just dipped in a resistance > support zone + kijun support level and possible reversal 4h candle close. Buying with stop at 3250. Also hidden bullish div.