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GASBTC

GAS bomb is coming, very positive now... Hi everyone, now I must buy some more GAS here, looks like some big move coming. MACD: positive divergence Bollinger band: very tight for one week now Accumulation zone 1 months in tight price range between 77500-83000sat In history we can see big 1d bullish candle 87% in 1day If we break up triangel and 85000sat, there will be open doors for first target, if we go break down we can look for support to 72700sat. So my targets: 95000sat 116000sat 153000sat I will be update it If you like my work, please leave follow, comments or likes, I really appreciate it Thank you
Long
by crypTouche
4
NEO dApps popping up, while GAS price is dropping.New projects popping up on NEO blockchain are great news for the GAS token holders The GAS is a fuel of the NEO blockchain; a currency used to pay for utilizing NEO protocol resources. Projects built on top of NEO blockchain will have to use GAS and at the same time GAS can be earned simply by keeping NEO coins in the wallet. By holding, or in other words staking NEO, passive income will be earned. There are many new dApps are being built on top of NEO blockchain, which should drive the demand for the GAS. For example there are few startups worth mentioning, like NEX, Switcheo, Red Pulse and so on. More on NEO dApps can be found here: ndapp.org With the huge potential for demand, the price of GAS is also likely to increase in the long run. Dapps built on top of the NEO blockchain are yet to prove their real world usage, and if/when they will become commercially accepted, NEO along with the GAS token have a good chance to rise above all-time highs. Currently, as the entire cryptocurrency space is struggling, the price of GAS has also been moving down. Back in January 2018, GAS has been traded at btc 0.007, and in August it hit the low at btc 0.0006. This is a huge 91.5% drop,that took only 8 months. Will GAS/BTC recover at any time? Certainly it should be expected in the coming month, but at this stage it is not clear when and how strong the recovery will be. Back on the 14th of August, GAS reached th low at btc 0.00066, where it rejected the 427.2% Fibonacci support level, of the Fibs applied to the corrective wave up after the uptrend trendline breakout. At the same time, new Fibonacci time zone cycle has started and price went up from btc 0.00066 up to the 0.00120 resistance, but failed to break above. Nevertheless, the 200 Moving Average and the RSI downtrend trendline were broken, suggesting the upside growth. The next Fibonacci cycle starting on the 13th of October, which is just 3 days to go. At that stage the trade volume might increase, resulting in breaking above or below the trading rage, established between btc 0.00066 support and 0.00120 resistance. As the RSI is holding the uptrend trendline, break above the 200 Moving Average could be the signal on another wave up. But price breaks belwo the btc 0.00066 support, GAS/BTC could decline towards the next support level, at 0.00013. This could be the bottom of the GAS downtrend, as first signs of the trend reversal are there. Formation of the “higher highs and higher lows” pattern should help to confirm the reversal, while break below the support could have a negative impact on the price..
by CryptalDash
NEO - GAS correlation, which one to buy for the long term?As seen on both charts the correlation between NEO/BTC and GAS/BTC is significant. GAS tends to follow NEO movement but with amplified percentage change both on the upside and downside. It looks like we have established a bottom with very low volatility and stable price action. A typical pattern which we see in BTC as well right now when speculators are surrendering to long term buyers. GAS would most likely give higher return when NEO starts moving up!
Long
by Fediculous
GAS/BTC Flattening out and looking goodNEO and its other token GAS are very interesting projects, which had a lot of momentum but during this bear cycle, they have taken a beating. Gas, in particular, is way down to less than $6 USD from its ATH of $90. It seems to have leveled off and hit a bottom. I am entering pretty large into a position in GAS. My thoughts are that we are entering into a mini alt season and some of these low hanging fruits are going to pop. Will it reach its ATH? probably not but it could easily double. On the TA side there is a pretty busted bullish divergence, maybe it's not textbook, but to me, it is still valid. Because I entered a large position in GAS I am keeping a tight stop loss and keeping my eyes on the market. PLEASE TRADE AT YOUR OWN RISK. I am not a financial advisor, just a robot from the future who is publishing a trading diary. Educational purposes only.
Long
by Borg_Queen
GAS Under Heavy Volume - 100% Gain Over BitcoinToday GAS has been rising sharply and went from 75k up to 150k satoshis, resulting in a 100% gain over the Bitcoin. Volume has also went up substantially and it seem that the upside momentum will continue. Currently GAS/BTC has corrected down by nearly 20%, while the price has declined from the 153k high, down to the current price at 125k satoshis. This might be a good entry point to catch the "south train" as GAS could rise up to the strong resistance area at 200k satoshis. This resistance is confirmed by two Fibonacci retracement levels as well as the low established back in March 2018. At the same time short term consolidation is possible and price might hang around the 100k satoshis psychological resistance. But, as the previous level of resistance at 118k has been broken, more upside potential should be expected in the near term future.
Long
by CryptoPAMM
5
NeoGas (GASBTC) Joins The Action (605% PP)NeoGas is the next crypto/altcoin to enter the action. As if every single token needs to breakout and do some massive numbers in a single day. We have a 97.45% increase in price in just a few hours. Let's take a look at some of the signals on the chart: - Right hand you have the weekly time frame chart. Which means that each candle consist of 7 days or 1 week. - There is a clear bullish crossover on the MACD. - Big increase in bull volume. Biggest volume since January 2018. - RSI and STOCH now trending up and showing plenty of room left available for growth. - 605% Profits Potential remains to all time high. With a good close this week, you can expect additional bullish action from GASBTC, as it is happening with other altcoins. Expect higher lows, good support on retrace and additional bullish action. Thanks a lot for reading... Namaste.
by AlanSantana
9
NEOUSDT & NEOBTC hovering in Point of Control POC Dramatic loss in the value of NEO has been caused by an array of negative external factors: -Chinese economic market weakness -Government intervention in crypto-currency regulation -Negative International trade relations (TRUMP) -Loss in value of BTCUSDT and the crypto-currency total market cap (also influenced by the factors described above) For those that are long term investors and believe that these external factors will not have a lasting effect on the markets (China and crypto-currency) then this is your opportunity to buy into what i see as the markets best mid term opportunity. NEOBTC NEOUSDT NEOUSD and GASBTC are hovering in the Point of Control POC: price level where the most volume was traded. Its also th highest trade volume we have ever seen with these pairs. Price could swing either way so watch closely.
Long
by warrenhochfeld
1
NEO & GAS has never been this much trade actionThis is just another follow up on two of my favorite assets NEO and GAS. All explained on the graph. The cheaper it gets the more I buy because the risk:return of these assets have now become colossal, especially GAS #teamgas. When the negative macroeconomic influences subside, the bear market ends and China progress further in their regulation of digital assets NEO and GAS will explode. There is an easy 1500% to be made here. Watch closely to make sure you take your long positions when the bulls tip the scale You can also look at:
Long
by warrenhochfeld
GASBTC Global bottom is foundGAS is the internal pricing for running a transaction or contract in Ethereum. The coin has found its long term bottom. Our trading team carefully analyzed this cryptocurrency and according to Fib retracement levels the price is at Fib 1 around 0/000838 where it bounced last time. According to Stoch RSI the price is going to break the resistance and consolidate above Fib 1. This will open an opportunity for a new long term rise. Hidden bullish divergence enhance this scenario. MA intersection signals for a soon trend reversal. We recommend this coin for the Long term trading. Long term targets are hidden. In case of good bull run there will be implemented scalping strategy to earn additional profit on subsequent corrective pullbacks. Updates for scalping and thorough strategy will be posted in the Premium channel. Short term targets, buy zone and stop loss are drawn at the chart.
Long
by Skyrexio
3
China market trend VS ROW: The determinant of market valueAll described in detail in the chart: China's 8 month bear market when combined with a clamp down on digital assets and other macroeconomic events have had a dominant negative effect on the value of crypto-currency assets globally. The effect is more pronounced on local currencies such as NEO and GAS. However from July 2018 we see a bullish pattern developing in many other key markets: -S&P 500 -Nikkei 225 -Dow Jones Industrial Average -FTSE 100 Index -US Technology Index Generally a run in digital assets follows on from a run in the global markets as can be seen in H2-2017 when all markets discussed in this model were aligned and bullish. For a similar run to take place analysts might wait for a loosening of China's regulation or some sort of resolve to the ongoing Fear Uncertainty & Disinformation FUD surrounding China and crypto-currency. We are under the assumption that these negative conditions are temporary and that China are taking steps to regulate with the aim of finally adopting these technologies. We therefore see the current situation as an exceptionally good BUY opportunity with the possibility of phenomenal returns.
BITFINEX:NEOUSDLong
by warrenhochfeld
1