GASBTC trade ideas
GAS needs more gas for break above, beautiful volumeThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
$GAS/BTC (Binance Spot) Descending channel near breakoutGas (also known as NeoGas) downtrend seems to have ended, let's swing that!
Current Price= 0.0000581
Buy Entry= 0.0000584 - 0.0000544
Take Profit= 0.0000936 | 0.0001379 | 0.0001754
Stop Loss= 0.0000415
Risk/Reward= 1:2.5 | 1:5.47 | 1:7.99
Expected Profit= +65.96 | +144.50% | +210.99%
Possible Loss= -26.42%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h
Neo GAS / BTC / USD - Regular Bullish DivergenceFollowing a massive 99% correction in price action and oversold condition (orange column), there now exists an “incredible buy” opportunity.
On the above 5-day chart price action prints a regular bullish divergence with the oscillators (all three of them, RSI, St RSI, & MFI). A divergence with all three oscillators on the 5-day chart is powerful.
Currently the alt-coins (some not all!) are showing bullish divergences with price action returning to their previous highs. On the 5-day dollar chart below you can see a trend reversal is in play with a recently printed higher low.
Neo Gas market capital is very small and it is clear there’s been a lot of accumulation during the consolidation period. As a result price action will likely move up very rapidly when volume comes in.
1st target - 27k sats / $31 dollars
GAS Getting Close To An Upwards Breakout Multibags Soon ?GAS Getting Close To An Upwards Breakout Multibags Soon ?
Gas Looking Ready To Move
EMA Ribbons are tightening
Probable u shaped bottom
Bullish overall
Target 1 0.0002706 sat
Target 2 0.0003466 sat
Target 3 0.0006785 sat
HOLDers Potential for higher targets
#GASBTC (Mid Term) 12/20 #GASBTC (Mid Term)
Buy : 0.0000815 - 0.0000735
Target 1: 0.0000850
Target 2: 0.0000937
Target 3: 0.0001100
Target 4: 0.0001385
Stoploss: 0.00007207
Signal R/R: 7% / 70%
Net ROI : 30.5%
Invest / Position Size : 3%
Exchange : Binance
Duration: 7-30 days
Confidence in Trade : Medium
we ask Allah reconcile and repay.
GAS potential bounce areaMy 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.