#GXChain | Breakout Soon !Entry : 0.00005175 - 0.00004903 - 0.00004557
Target 1 : 0.00005646
Target 2 : 0.00006281
Target 3 : 0.00007087
Target 4 : 0.00007654
Target 5 : 0.00011807
Stop loss : 0.00004314
Risk/Reward : 10%/175%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
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Gxshares
GXS Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Area
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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GXSBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Just hold and watch. As my expectations, all targets will be reached within 3 days. But sell after 6-7 days if any target not reached.
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Daily Bullish Signals for #GXS #GXSBTC (13-09)#GXS (GXS/BTC)
Buy : 1650
Flash Sell : 1725
Short Sell : 1800
Long Sell : 1900-2000-2100
Stop : 1550
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GXShares Decision PointGXShares trend remains bullish as price continues to produce lower lows and lower highs, and at the same time Fibonacci resistance levels are being rejected. However, today GXS/USD has reached 78.6% Fibonacci support level at $2.5, which has been rejected along with the 8/1 Gann Fan trendline.
Price produced the spike below the support reaching $2.38 low. While the daily closing price stays above that level GXShare could produce a corrective wave up, potentially reaching the resistance at $3.8, that is 61.8% Fibs.
But, if GXS breaks below the $2.38, the downtrend continuation will become the most probable scenario. In this case GXShares could drop towards the key phsycological support area, near $1.
Currently it looks like the low risk buying opportunity can be considered, with the potential stop and reverse approach.
GXShares VS Bitcoin More Upside PotentialGXShares recently found the bottom at 3400 satoshis, that is 78.6% Fibonacci retracement level. It has been rejected cleanly, not to mention that price bounce off the same support back on the 8th of April.
After support rejection GXS/BTC went sharply up, broke above the descending channel and then above the 200 Moving Average. Overall the short term trend is now bullish and price is likely to increase further.
The nearest support is seen at 61.8% Fibs, that is 4850 satoshis resistance, corresponding with the broken uptrend trendline. This could be the key resistance level for GXS, and only break and close above could send price higher.
But if the resistance is rejected, the downtrend might continue, sending price down to 3400 or even 2780 satoshis support level.
GXShares - GXS - Cycle ends, new start is hereIf uptrend line holds, new cycle can be done. Correction is good, RSI is ok.
