GAS looks ready to go after demand zone (MED RISK)

Updated
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 financial advisors.
Note
We are at our first demand zone, I believe we might break it in coming hours if Bitcoin continues dropping down or suddenly goes on a short term bull run - we'll watch
Beyond Technical AnalysisbinanceBitcoin (Cryptocurrency)Ethereum (Cryptocurrency)GASGASBTCHarmonic PatternsTrend Analysis

Related publications

Disclaimer