NEO GAS Buying Time?GAS downtrend has been pretty consistent during the past month. Price droped from $13, where it has rejected the 200 Moving Average, down to the recent low at $3.6. This is a over 70% loss to the USD in a relatively short period of time.
However, the decline has been stopped by the 1327.2% Fibonacci retracement level applied to the corrective wave up after the uptrend trendline breakout. Along with the Fib support, GAS/USD has tested and rejected the lower trendline of the descending channel while forming a bullish divergence on the RSI oscillator.
This might be the first signal of a potential trend reversal, as the price already seems to be very undervalued. As the trend reversal confirmation, downtrend channel breakout should be considered. But for now, perhaps it is still a waiting time, although some heavy risk takers are getting some more GAS right now.
Gasusd
NEO, GAS, CHINA, the perfect storm (opportunity of a lifetime)-CHINA’s stock market plummeted on Friday leaving worried investors on track for their worst day in almost two years
-Double whammy of US market turmoil and deleveraging efforts at home
-5 day losing streak
-Currency sinking and authorities are cracking down on leverage
AND
Crypto- currencies are banned in China. Currently a terrible situation for the "Chinese based Ethereum". HOWEVER the upside is tremendous.
If NEO returns to its all time high that is a >1000% ROI from current pricing
BUY
If GAS returns to its all time high that is a >1500% ROI from current pricing
BUY
China in a bear market: Buy the trade war dip NEO GAS QTUM BTCAll explained in detail on the graph but the simplification of a complex economic dynamic:
Major world market index over the last 12 Months have been highly correlated with BTC and NEO (exceptions do take place).
Overnight, Chinese stocks ceded their ranking as the second-largest equity market in the world amid an elevation in trade tensions after the Trump administration
said it was considering increasing the initial proposed tariff. Given China and Asian markets are major contributors to the value that NEO (and BTC) holds, NEO (and BTC) has taken a tumble despite US equity markets being on the rise.
In my opinion an exponential recovery of BTC, NEO and GAS is imminent. The suppression of BTCUSD NEOUSD and GASUSD from a temporary trade war is an opportunity to buy these assets at an already discounted price. Given that NEO is a Chinese based blockchain its not overly surprising that NEO and its utility token GAS has had an amplified price deterioration making then even more of a buying opportunity.
Dont miss out on Buying NEO and GAS. #teamgas
BOBBY FISCHER BULLISH PLAY- Dont not Buy The Dip (TYPO FREE)I have made many detailed predictions on NEO and GAS and I am bullish on both even if we see a price decrease. At the moment we have:
-BMSI, MACD, Momentum MOM (NEUTRAL): sitting on the required threshold for price support in either direction. Its a squeeze and its hard to see which way these indicators (and $) will go.
-Volume (NEUTRAL): we look to be on the rise again after volume fizzled to an all time low, however an increase in volume could indicate an upcoming or downward swing. At the moment the increase indicates BEARS (or WHALES) are in control
-Money Flow Index (BEARISH, or VERY BULLISH if the WHALES are behind it): has just gone to an All Time Low ATL which means some exchanges are seeing NEO sold off at twice the volume of the largest previous sell offs
So in terms of indicators we have no obvious direction and the Money Flow Index looks like the market is is panic selling. Its a BEAR market!
So your TWO trade options from BEST to WORST/WRONG
OPTION 2- THE BOBBY FISCHER ULTIMATE BULLISH STRATEGY PLAY: ***DISCLAIMER, this is my opinion not financial advice.
-Ignore what the rest of the market are doing and bet against them (currently 16 SELL and 1 BUY (thats me).
-Pay no attention to the Fear Uncertainty and Despair FUD created by the market manipulators, whales and mainstream media (who mostly have absolutely no idea what they are talking about)
-Buy The Dip, if its dips more
-Buy the Dip again
www.youtube.com
-You will be buying whilst others are panicking "buy when there is blood on the streets, even if its your own blood"
-You will be behaving like a whale: they would likely dump some NEO and GAS just as the market was hoping for an upward swing. Make the public panic sell and then buy the stock (NEO)/currency (GAS) back for cheaper. Uncertainty in the Asian markets makes this all that much easier. Once they have bought their own currency/shares back for cheap and the price spikes people will start reacting and Fear Of Missing Out FOMO will kick in. People will then start buying up again by which time the whales will be selling back at a healthy profit.
Dont be one of those people "should have bought GAS when it was in single figures"
THIS IS A 1000% play in the next year.
OPTION 2- PLAY THE SAFE CARD, BE A BEAR even if the market might just about to get seriously BULLISH :
We can agree to disagree.
NEO:GAS price analysis, arbitrage & a 6mo head to head. #teamgasFULL CREDIT u/Darky999
www.reddit.com
A few of us in this sub have been discussing / arguing / debating about the NEO vs GAS price.
It's been a great set of discussions, and i've been deliberately antagonistic to others in order to really get a passionate debate flowing. And we certainly did that! It meant I was able to hear so many different opinions, and also to test ideas and theories.
This culminated in me building a fairly large Excel model to tackle this question I reproduced the 'schedule' of NEO generating GAS - it matches the White Paper's exactly, and I modelled all sorts of scenarios over the next 20-30 years (see below for why).
EDIT: HERE IS LINK TO GOOGLE SPREADSHEET: docs.google.com
I want to share some insights from that exercise, as the model itself is not the point here, it's what you learn from building it, and the dependencies that you observe that you simply cannot observe by just using words alone. You really cannot just say things and begin to understand the subtleties of the NEO/GAS dynamics, believe me, it's much more nuanced that you think.
There is no way to model the NEO vs GAS price - lets just be clear on this, right now 99.9% of it is simply speculation. Just like ETH is speculation, hey Crypto is ALL speculation right now.
However, if GAS is worth significantly less than NEO then NEO starts to be worth less and less itself, simply because it generates GAS - and it has actual value due to this GAS.
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The thread goes on. I recommend you have a read.
GAS NEO six month Head to Head. A possible 10X for GASBoth are fantastic long term investments but which is the better 6 month performer?
I believe that the demand for GAS will outstrip the "mined" supply at least in the short/medium term (6 months).
Should the bulls return within the next month I am confident that within this time frame GAS will exceed its all time high, resulting in a return on investment of +1000% from today's price.
#teamgas
GASUSD VS NEOUSD 6 month head to head. 1000% ROI #teamgsasThe chances are you’ve heard about NEO, often dubbed the Chinese Ethereum. Like its predecessor NEO is designed to act as a smart contract platform and has aim of trying to create the smart economy. Unlike Ethereum, NEO is actually comprised of two separate tokens, NEO and neoGAS (GAS).
Both are fantastic long term investments but which is the better 6 month performer?
I believe that the demand for GAS will outstrip the "mined" supply at least in the short/medium term (6 months) and am quietly confident that within this time frame GAS will exceed its all time high, resulting in a return on investment of +1000% from today's price.
#teamgas
GAS could be worth more than NEO, my top pickThe chances are you’ve heard about NEO, often dubbed the Chinese Ethereum. Like its predecessor NEO is designed to act as a smart contract platform and has aim of trying to create the smart economy. Unlike Ethereum, NEO is actually comprised of two separate tokens, NEO and neoGAS (GAS). GAS has to be seen as fiat, let's say dollars, and NEO as a stock.
Although i consider both good investments my controversial (and complex) model supporting the purchase of GAS over NEO is broadly based on the following:
- So far GAS has been a utility token with no utility. With the dApps starting to pop up, the GAS will be the real utility.
-GAS current supply is 10 million coins and NEO supply is 65 million.
-1M gas gets created each month (approximately). If this supply does not meet demand accompanying the new dApps GAS price will go up.
Although i hold both NEO and GAS, I believe that the demand for GAS will outstrip the "mined" supply at least in the short/medium term, meaning GAS gains in that period will outstrip NEO gains, at which point i could sell and switch to NEO.
GASUSD GASBTC GASNEO BULL pick 2 of 5 NEO is a Chinese based dBFT (delegated Byzantine Fault Tolerance) protocol. Backed by Chinese fintech giant OnChain and sister project to Ontology (retail arm)
GAS is paid to NEO holders to Stake the NEO token and keep the NEO network running. In order to run DAPPS on NEO you're consuming its processing resources which need to be paid in GAS. The more the NEO Smart Economy is used the more valuable NEO and GAS become.
BUT: Gas is extremely scarce: Only 10mil in circulation with a total supply of only 16million.
When more ICOs are launched on the blockchain and NEOs use increased the value of GAS will skyrocket. I suspect (based on market capitalization) that the market will only realize the significance of GAS when its become valuable. Now is the time to accumulate.
Three of my favorites still coming
3-ETP Metaverse: Next 10000% ROI? Highest reward/risk ratio of any digital asset available. Chinese based startup by co founder of NEO. Backed by Viewfin ( Eric 2.09% 2.09% Gu is CEO 3.70% 3.18% of both). Currently unknown, small market cap, small supply. Cheapest ETP 4.34% 2.26% has ever been.
4- ZCash: Zerocash system (improved version of zerocoin protocol). Backed by wall street, within direct access to public and institutional investors.
5-PIVX Improved DASH with Zerocoin Protocol and POS 0.00% 0.00% . So many interesting developments on the way. These guys are on fire.
NEOUSD Do You Think That's Air You're BreathingHello Crypto Friends. The past few weeks have been brutal if you have been long in any position or just HODLing your favorite coins waiting for the reversal. Seems like BTC has continued to drop and taking the whole market down with it. With that said, let's take a look at one of our favorite coins, NEOUSD.
If you have been following our NEOUSD charts we posted (March 6th & March 8th), they have been right on target. We didn't want to break down out of the green trendline we drew on the charts and we ended up doing so while forming a bearish flag in the process. Below we have the levels we called NEO could possibly hit if the green trendline was broken and so far we have reach 2/3 targets.
If Green Trendline is broken, these were our target calls:
$70 - Reached March 15
$64 - Reached March 17
$41 - Next???
On a good note, we did a small break in down trendline drawn in red which has been very resistant since the end of February. MACD could be stronger, but there was a fair amount of positive volume. We would like to see NEO stay out and above the red downtrend channel and start making it's way back to the $70 resistance level. This scenario is still unlikely, but anything is possible. If you're holding NEO or Long, at least you're getting GASUSD if you have your NEO in the appropriate exchange or wallet.
We'll still be keeping a close eye on NEO. Hit us up with a Thumbs up on our charts and feel free to follow us. We'll keep you posted.
Cheers!
GASBTC - end of downtrend?GAS looking good potential in coming days. 4 hour chart shows some uptrend signs and so is RSI.
In my view, enter now or below 0.0028 short term targets 0.0031-0.0036 sats (i am not a long term trader).
TP at Fibonacci resistance levels or hold for long term profit. Please DYOR.
Please hit "LIKE" to support, Happy Trading!
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com
Get your discount $NEO.X nowOversold after Redpulse ICO yielding discount on $NEO; we won't see a price under $30 again barring a shocking level news event as we can see buyers are eating this up at higher and higher levels. Speculation appears to have accounted for 20% price movement through RedPulse; higher than expected considering hodling in Neon wallet generates free $GAS. Healthy number of events coming up this month compounded with flag signals to me $38 (+22%) near term goal, likely retracement (giving last chance to load up) then $48 (+41%) mid term goal as people temporarily convert overbought $BTC to alts coupled with $NEO event lineup.