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Gxchain

GXChain Imminent Explosion Ahead | How Far Up Can It Go?GXChain (GXSBTC) is doing slow and steady growth and preparing for a strong move. Now facing resistance, I am seeing 40-60% growth next. Chart patterns: I am seeing the classic Adam & Eve bottom formation. This can lead to a short retrace followed by a bullish move or straight up can also happen right away. You can find multiple targets on the chart above, as well as multiple support levels... Feel free to leave a message if you have any questions. Namaste.
GLong
by AlanSantana
4
GXChain Solid Chart Becomes Stronger (389%+ Ahead)GXChain has been growing and printing higher lows since we spotted a "Falling Wedge" back in late September... You can see it here below: Now, a very strong volume bar has been printed in an attempt to break pass EMA50 (0.00006291) but this move is still taking form... Here is how it works! If GXSBTC can manage to close above EMA50, then it is likely to grow faster. But if instead, the prices move below this level you can expect some consolidation, even a retrace down to lower support before the next move up... You can see the details and potential scenarios drawn on the chart above. This chart is bullish since the RSI is strong, the MACD trending up and GXSBTC has been growing/consolidating since it hit a new all-time low. You can expect to see this pair grow more and more in the weeks to come. The red dashed line at the bottom is the main support. This level can be used as a stop-loss if you decide to trade. (We use a manual stop-loss when trading altcoins/cryptocurrency). Thanks a lot for reading. Namaste. THIS IS NOT FINANCIAL ADVICE.
GLong
by AlanSantana
1
GXSBTC Analysis 08/01/19GXS showed much strength against BTC, up by almost 11% over the day. Volume soared also, giving momentum to the pair as it bounced off its support, making new highs. After such a rise, we could see some long covering as buyers take their profits, causing some pullback. However, we remain in a strong uptrend and we expect buyers to buy the dips and keep the pressure to the upside. Raphaël Comte Investment Analyst at Token Metrics Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
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by tokenmetrics
GXChain Price Analysis GXC / USD: Yet Another Buy-BackFundamental Analysis GXC spiked after the project announced the fourth buy-back round with a $1.5M pool, which would be completed in the following 2 days. The project also promised more rewarding programs in the future, which should increase the interest of speculators in the coin. GXChain / USD Short-term price analysis GXChain has a bearish short-term bias, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that the GXC / USD buyers have invalidated a bearish head and shoulders pattern. A bullish inverted head and shoulders pattern has now formed across the mentioned time frame. Technical indicators on the four-hour have turned bullish and continue to issue strong buy signals. Pattern Watch Traders should note that the GXC / USD pair is now creating bullish higher lows on the four-hour time frame. Relative Strength Index The RSI indicator is bullish on the four-hour time frame and is issuing a strong buy signal. MACD Indicator The MACD indicator is bullish on the four-hour time frame and continues to generate a buy signal. GXChain / USD Medium-term price analysis GXChain has a bullish medium-term outlook, with the GXC / USD pair still holding price above key support on the daily time frame. The daily time frame is showing that the GXC / USD pair is now testing back towards key trendline resistance, although a bearish double-top pattern is still weighing on the technical outlook on the mentioned time frame. Technical indicators on the daily frame are attempting to correct from extremely oversold conditions. GXC / USDT Daily Chart by TradingView Pattern Watch Traders should note that a bullish reversal pattern will form if GXC / USD bulls can invalidate the bearish double-top pattern. Relative Strength Index The RSI indicator remains technically bearish on the daily time frame, although it is attempting to move higher. MACD Indicator The MACD indicator is attempting to turn bullish on the daily time frame and is currently moving away from extreme oversold conditions. Conclusion GXChain is attempting to recover its bullish short-term status, with the GXC / USD pair now posting bullish higher lows on the four-hour time frame. Medium-term bulls now need to launch the cryptocurrency above major trendline resistance in order to encourage the next round of technical buying.
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by CryptoBriefingTA
GXChain Price Analysis GXC / USD: Short-Lived Buyback BoomFundamental Analysis GXChain has surged after the project announced a second round of buy-backs for the amount of 500,000 USDT. The team’s reasoning behind the buy-backs is that the project “has been undervalued by the market”. Although it is hard to predict the price movement after the end of the buy-back program, the GXChain has been ranked in the top-10 blockchain platforms according to CCID’s latest crypto rankings. CCID is a Chinese government-sponsored index which ranks blockchains on three criteria: technology, application and innovation. GXChain / USD Short-term price analysis GXChain has a bullish short-term outlook, with the cryptocurrency advancing to a new all-time trading high. The four-hour time frame shows that the GXC / USD pair has been eroding the presence of any bearish patterns, with the recent advance now reaching its bullish objective. Technical indicators on the four-hour are bullish, although they are starting to appear overstretched to the upside. Pattern Watch Traders should note that a strong technical correction may occur on the four-hour time frame now that GXC / USD pair has reached its bullish target. Relative Strength Index The RSI indicator is still bullish on the four-hour time frame, although it is starting to appear overstretched. MACD Indicator The MACD indicator is bullish on the four-hour time frame and continues to generate a buy signal. GXChain / USD Medium-term price analysis GXChain has a bullish medium-term outlook, with the GXC / USD performing a major technical breakout on the daily time frame. The daily time frame is showing that a confirmed bullish breakout has occurred from an ascending triangle pattern, with the GXC / USD pair already reaching its upside objective. Technical indicators on the daily frame are bullish and are now trading in extremely overbought conditions. GXC / USD Daily Chart by TradingView Pattern Watch Traders should note that ascending triangle patterns are considered bullish and typically have a higher percentage of success during uptrends. Relative Strength Index The RSI indicator has turned bullish on the daily time frame and is also trading in extremely overbought territory. MACD Indicator The MACD indicator is bullish on the daily time frame and is currently trading in extreme overbought territory. Conclusion GXChain has performed a major bullish technical breakout on both time horizons, with GXC / USD bulls finally igniting the bullish pattern on the daily time frame. Overbought technical readings are currently warning that the cryptocurrency could start to correct lower now that it has reached its bullish objective.
GLong
by CryptoBriefingTA
GXChain (GXS) Will Up 300% ? Why i'm expected GXC will up 300% ? that is the reason : According to TA :- - forming Symmetrical triangle pattern - My indicator detected big whales accumulation (maybe insider or something like that...you know) - forming a new strong support According to FA :- - GXChain's News & Event (Launched the Plan of More than 5 Million USD Secondary Market Buy-back) - GXC All Time High (ATH) was $11.24 USD on Jan 07, 2018 - Max Supply is 100,000,000 GXC Thanks a lot for reading :)
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by deSteyns
10
GXS : Upto 100% Profits for the Mid Term.#Accumulation_Recomendation Pair : GXS / BTC RSI : 55 Note : GXS was one of the alt coins that doesn't show that much reversal pump up move when most of the alternate coins showed a good spike in Mid May. It showed a very good sign on the daily time frame with a engulfing bullish candle stick creation and VOLUME, MACD and RSI all showing a bullish trend start. Accumulation Area : 1400 sats - 1550 sat Distribution Area Short Term: Target 1 : 1650 sats Target 2 : 1721 sats Target 3 : 1885 sats Target 4 : 1721 sats Target 5 : 2013 sats Mid Term Target Target 6 : 2249 sats Target 7 : 2485 sats Target 8 : 2618 sats Target 9 : 2822 sats Target 10 : 3250 sats Stop Loss : 1230 sats Risk : Medium Capital Accumulation : 4%
GLong
by cryptotalk_et
GXChain Breaks Its DownTrend (111% Profits Possible)Let's take a look at GXChain on Binance (GXSBTC). Bitcoin is retracing, we shared the different support levels, but the altcoins market remains strong... Great signal, so let's keep on... GXSBTC Broke its downtrend (red line) and is starting to move up. Above average volume to break above EMA10. Bullish RSI. MACD trending up. Hit like to show your support. Because simple is best! All the details on the chart. This is not a piece of trade advice. Thanks a lot for reading. Namaste.
GLong
by AlanSantana
There is a possibility for the beginning of an uptrend in GXSETHTechnical analysis: . GXChain/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.004840 to 0.004520). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.004840) Ending of entry zone (0.004520) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.005160 TP2= @ 0.005420 TP3= @ 0.005670 TP4= @ 0.006380 TP5= @ 0.006900 TP6= @ 0.007830 TP7= Free
GLong
by ForecastCity
3
There is a possibility for the beginning of an uptrend in GXSETHTechnical analysis: . GXChain/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.005740 to 0.005360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.005740) Ending of entry zone (0.005360) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons : Take Profits: TP1= @ 0.006380 TP2= @ 0.006880 TP3= @ 0.007200 TP4= @ 0.007800 TP5= @ 0.008300 TP6= @ 0.009800 TP7= @ 0.011800 TP8= Free
GLong
by ForecastCity
There is a possibility for the beginning of an uptrend in GXSETHTechnical analysis: . GXChain/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.005740 to 0.005360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.005740) Ending of entry zone (0.005360) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons : Take Profits: TP1= @ 0.006380 TP2= @ 0.006880 TP3= @ 0.007200 TP4= @ 0.007800 TP5= @ 0.008300 TP6= @ 0.009800 TP7= @ 0.011800 TP8= Free
GLong
by ForecastCity
There is a possibility for the beginning of an uptrend in GXSETHTechnical analysis: . GXChain/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.005740 to 0.005360). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.005740) Ending of entry zone (0.005360) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.006380 TP2= @ 0.006880 TP3= @ 0.007200 TP4= @ 0.007800 TP5= @ 0.008300 TP6= @ 0.009800 TP7= @ 0.011800 TP8= Free
GLong
by ForecastCity