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 .
GXSBTC
#GXS Long zone 2000Si la vela diaria cierra por encima de 1490 entraría Long hasta la zona de los 2000
#GXS : Upto 120% Profits Opportunity For The Mid Term.#Accumulation_Recomendation
Pair : #GXS / #BTC
RSI : 44
Note : Even though it is a risky market positioning time in the ALTs market #GXS is one of the coins that is showing a good trending move for a possible breakout. After our 185% profits earning within a week in the start of May #GXS have been in a downtrend move forming a falling wedge triangle like almost all alternate coins in the crypto market. For now it is showing a little bit good move in both the shorter term and longer term trading options. In the 1D time frame it formed a good bullish candle stick showing a reversal move and in the 4H chart it is also showing a good upward reversal move for now. Indicators are also looking on the side of the bulls for now. RSI looking good with a reverse formation and at a neutral position for now. Volume needs some more energy to make a change in the trade but looking good too in comparison. EMA going below the current candle which might be taken as a good bull run if it continues like it is performing right now. MACD cross each other and in reverse on favor of the bulls. This trade is very risky as stated above for the reason that we are not still in confirmation for an entry for the ALTs market because of Bitcoin's dominance but with a good capital accumulation strategy and stop loss risk management we are expecting a very good return.
Accumulation Area : 1750 sats - 1850 sats
Distribution Area
Short Term:
Target 1 : 2000 sats
Target 2 : 2200 sats
Target 3 : 2350 sats
Target 4 : 2559 sats
Target 5 : 2729 sats
Mid Term Target
Target 6 : 2840 sats
Target 7 : 3138 sats
Target 8 : 3550 sats
Target 9 : 3835 sats
Target 10 : 4075 sats
Stop Loss : 1600 sats
Risk : High
Capital Accumulation : 3%
@TogetherWeAccumulate
Pottential Big profit!Maybe stop loss is little big but pottential profit is so good and we got very good Risk Reward Ration for this setup.
$GXS, Project purchasing itself... not my cup of tea!$GXS $GXC Massive volume flowed in based on this announcement (medium.com)...
Not interested in taking a position..
Against resistance, looks totally overextended and with purchasing coming from the project itself.
Not my cup of tea..
#GXS #GXC
#GXS : So Far 46.59% Profits
#Achievement_Results #GXS_Update
Called At : 1400 sats on June 4 08:00 UTC
Reached : 2168 sats on June 5 08:00 UTC
Target 1 : 1650 sats
Target 2 : 1721 sats
Target 3 : 1885 sats
Target 4 : 1721 sats
Target 5 : 2013 sats
Note : All our short term targets for our #GXS call have been reached and a total of 46.59% profits achieved so far.
Total Profits : 46.59% so far
Duration : 24 hours
Congrats for all of you who made such profits in such short period of time.
Stay Tuned for More.
With Regards.
TeamTWA.
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.
Gxs/btc analysis Gxs/btc analysis built in Elliott wave and wyckoff and harmonic and techniques analysis
BUY ZONE : 1260~1370
TARGET : 2317~2971~3500
GXChain signal by EXCAVOWe found the bottom, formed a reversal pattern is a good area to buy. Looking for strong fibonacci levels
GXChain/Bitcoin (20 May) #GXS $GXS #BTC $BTC#BUY
GXS has formed a Double Bottom pattern and in the process of downtrend, GXS has shown the possibility of meeting 2740 again in the future so we can buy as close as 1300 as possible
Recommend Sellzone : 1800-2000-2400-2740
Stoplosss if price is lower than 1300
$GXS Holding tight to the support zone around ~2450sats...$GXS Holding tight to the support zone around ~2450sats w multiple tests even after the small drop that btc suffered that was overdimensioned in some alts.
For now volume looks low, entering near 2300sats (if possible) could be a valid entry if volume flows into this asset.
#GXS
GXS third time's a charmGXS is back on support, it tested resistance twice, I think we a tight stop we could make an easy 30%
It took 2 weeks but it exploded in volume ... It took 2 weeks but it exploded in volume and #GXchain is up 40% from our setup.
Reaching our 2 first targets. Crossing EMA100 like nothing.
Currently sitting at 2240sats level. RSI looking way oversold so expect some pullback/retest.
Feel free to lock profits too!
Happy Trading!
Gaining momentum.... We may see some bullish action in the upcoming days/weeks. Currently gaining momentum crossing EMA50 and Ichimoku cloud... set some alerts and wait for confirmation
Parallel channel breakout for GXSAll said on the chart. Enjoy the ride and always have Stop loss in case it will turn bearish.
P.S. Attention!!! Small volume and highly manipulated coin.