GASBTC
GASBTC Coiled For a BreakoutFor 5 days now, GASBTC has been coiling and it looks like it's ready to make a move higher. With Squeezes across most timeframes (as you can see here on the 4 hour chart) I'm looking at a target around .003021 (.382 Fib Extension), just shy of 9% move from here. If this Bull Flag patterns fails, I'll be out relatively quickly with about a 1.55% stop.
GAS vs Bitcoin Getting TractionGAS has found the support at btc 0.0024, that is 76.4% Fibonacci retracement level. This support has been rejected twice, along with the uptrend trendline. The wave up followed, where GAS/BTC broke above the downtrend trendline suggesting the beginning of the uptrend.
Nearest upside resistance is seen at 38.2% Fibonacci, that is btc 0.0038. Previously this level has been acting as the support and then resistance, therefore it is reasonable to expect some resistance again.
While the price continues to print higher highs and higher lows, the downtrend seems to be unlikely at this point. Only break and close below the btc 0.002 could invalidate bullish outlook and establish the downtrend.
Looks like a solid time to invest Short-Long Term.Hey all, first 'Idea' I've posted on here, so take it with a grain of salt but I do hope it helps at least a few people make some $$ :) I've been following this trend for about three days now, and it's seeming pretty solid should the market carry on the way it is. Let me know what you all think.
GASBTC New buy opportunity and potential KUMO breakoutGASBTC
The market pullbacks to a fractal level and now presents a new buy opportunity.
Though price is still inside cloud. We will enter to trade the kumo breakout at the current level.
For the aggressive traders, enter on the break of the current indecision candle which is at 3300 level.
For the more conservative entry. We will enter on the break of the current swing high which is 3500.
A Break and a close outside KUMO will confirm the KUMO Breakout.
Aggressive Pending BUY at: 3300 sats
Conservative Pending BUY at: 3500 sats
TP: 4251
Stoploss: 3024
GAS small correction ahead before burstGASBTC exit the downtrend on March 19 and since then is hovering for almost one month. In the last week it started a shy break out but i think it is not the one we are expecting. On a weekly view there is space for one more last correction before final break out.
Enjoy!
GAS/BTC Triangle Breakout GAS/BTC has a "Triangle" chart pattern breakout, and the MACD line is still pointing upward.
Also, the candlestick sits tight above Kijun-sen, but we still cannot confirm the market is short term bullish unless we see a Tenkan-sen & Kijun-sen crossover.
Therefore, the first target (Target 1) to be set near 0.00274, which is very close to the highest price on 26-Mar.
Once we see a Tenkan-sen crossover UP, aggressive trader can aim for target 2 which is a major resistance according to Ichimoku analysis.
When everything ideally worked well, the projected target of triangle breakout can be applied.
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.
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