GASBTC trade ideas
NEOGAS cooked to break market structureNormally I would wait for a coin to break market structure and but the retest, but NEOGAS keeps testing this resistance, that I get a feeling it will just break through and won’t come back anytime soon. Have my orders set in the order block its currently above and my stop loss below the previous order block.
[GAST/BTC] NEOGAS FOLLOWING NEO [ POT 50-300% PROFIT]#GAS / BTC ( Binance )
Buy Range : 0.00081-83 ( buy any dip )
Stop Loss : Daily Close Below 0.00758
Target 1: 0.00127
Target 2: 0.00188
Target 3: 0.00288
After some consolidation period and found a bottom over our SL, Gas are following NEO and most majors which just breakout. This coin its trying to find some support over moving averages. If this coin daily close over MA50 then happy days. We probably will be talking about bull-run. On the other side, this coin could need more time of consolidation and maybe retest the trendline where you could buy again or put your buy order there.
In any cases, set your SL below support will offer you a very safe risk/reward.
If we look into 4H right now, this coin has closed two candles above MA200 which is very good. RSI is a bit higher and rest moving averages should be a must before continue going up.
Ichi cloud has been broken on this timeframe too and next hours turning into green.
Paying attention oon the big weekly volume around 4 weeks ago suggest it was the start of the bullish reversal on GAS. Also, MACD, STOCH RSI looking good on this chart. It would be good if RSi can break 36 on the weekly chart.
Good luck
If NEO Pumps, GAS Might Pump Harder NEOGAS has broken out of its downtrend, retested, and is on the rise again. I sent the GAS I've accrued to Binance to sell if we have a big rise soon. GAS tends to move very fast, and doesn't sustain its pumps very well, but if it does break up here, I expect it to at least continue the uptrend, meaning it could head all the way to my green zone, only to fall back down to support thereafter. People tend to swap between GAS and NEO during their breakouts, so it will likely happen concurrently.
This is just a potential setup I'm looking at. I'm not buying into this coin (although maybe I will, for quick profit). Mainly looking to sell or swing trade to increase my quantity of GAS.
SELL:
1000-1200 (green zone)
1500 (possible)
STOP LOSS: below broken resistance (currently near 640)
Not financial advice. Just wanted to post this because I will attempt to sell on a big breakout and trade it around. Very small amount.
-Victor Cobra
GASBTC entered in long position areaThe price action is entered in buying area of expected harmonic pattern insha Allah.
The 200MA is already in buying zone and 100MA is just beneath the buying area which can provide support to price line insha Allah.
Targets are defined accordingly plz find on chart.
GAS ($GAS) - up to 1307% PPT! Long term trade.$GAS is also one of the quite profitable coins on the market and as well is very interesting as a part of $NEO blockchain ecosystem.
There is a clear bullish divergence on daily RSI and MACD. Price is in accumulation zone and looks like its trying to start a new bull run.
$GAS has quite low supply so previous ATH can be easily surpassed.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
GAS is on its way UP, check it out (weekly setup)!Hi All,
Gas technically has a great table to work with lots of points of interests (selling points);
Trade period; Feb
EP; ~560
SP; 770
potential 37.5%
Will update with another entry/selling point after current given one is executed.
P.S
I'm not a financial advisor, do your own diligence before considering investing into anything.
Neo Gas Technical AnalysisTo anyone holding Neo Gas for the past bear market, holding a long position certainly has been a challenge.
The enclosed daily chart shows the price swings across the whole ride down, clearly a lot of alt coins with strong fundamentals like (NEO) are bottomed out.
Nobody can time the bottom of bitcoin perfectly, but whether it will be 3k 2k or 1k, this bear market is not forever and we will go back to all time high's in years to come.
The volume on cryptocurrencies is very low , suggesting that buyers and sellers are extremely exhausted and market can be boring for 8-12 weeks before the real reversal and start of a bullish trend.
At the moment my plan is to accumulate altcoins with strong fundamentals which will perform well in the next bullrun.
Weekly Chart on GAS/BTC - NEO GasWeekly Chart with Fibonacci Retracements and Parallel Channel. Technical Setup in play as we are trending around all time lows. Gas up and get ready for a bounce back above .001000. Back on 1/15/18 GAS hit a high around $77 USD so as it sits around the $2 mark it is really attractive as a buy. Also keep an eye on $NEOBTC as it tends to move up with NEO for obvious reasons.
neo.org
coinmarketcap.com
$GASBTC Prices as of 1/19/19
$2.28 USD (3.00%)
0.00060915 BTC (0.53%)
0.28067360 NEO (-2.12%)
Market Cap
$23,094,721 USD
6,170 BTC
2,842,768 NEO
Volume (24h)
$1,318,170 USD
352.15 BTC
162,256 NEO
Circulating Supply
10,128,375 GAS
Total Supply
17,190,378 GAS
Max Supply
100,000,000 GAS