GASBTC trade ideas
Gas Can Grow Beyond 800% | Produces Impressive Fast Moves...This is the same chart that I shared from June 2024, nothing changed; no new lows and only sideways for several months. This is positive and gives further strength to the bullish case.
Good day my fellow Cryptocurrency trader, how are you feeling now?
I hope you are feeling good because the market is starting to turn... Time to wake up; time to trade.
Here we are looking at GASBTC (Gas).
We are focusing on the BTC pairings (Altcoins vs Bitcoin) because Bitcoin has been sideways for more than three months and is now at risk of producing a major flush.
We not only want to profit from trading but at the same time we want to protect our capital. If Bitcoin drops, there can be much loss.
Moving to these bottomed out pairs can help protect capital while at the same time there is an opportunity to earn... win-win.
➖ A strong 1,000% bullish wave happened late 2023 for this pair; GASBTC.
➖ Notice the huge correction, eight months in duration.
We can expect to see a bullish wave every 8-10 months regardless of the market phase we are in. This will not only be a bullish wave rather a bullish cycle but...
The strong correction on this pair takes prices below the "starting point." This is a positive signal for buyers like us.
👉 We like the pairs that are trading at the bottom, low or near support. This is below support, so sellers are likely exhausted. If sellers are not exhausted, they are very close to being. The risk is very low. The bottom is either in or close, so this would be an easy choice.
That's it... Once we hit bottom, the only place left to go is up.
➖Sell high to buy low.
➖Buy low to sell high.
This one looks pretty low.
P.S. Make sure to have a plan and do your own research, as market conditions can always change. —This is not financial advice.
Thank you for reading.
Namaste.
Gas | Correction Beyond 100% = Bullish (555% Growth Potential)Good day my fellow Cryptocurrency trader, how are you feeling now?
I hope you are feeling good because the market is starting to turn ... Time to wake up; time to trade.
Here we are looking at GASBTC (Gas).
We are focusing on the BTC pairings (Altcoins vs Bitcoin) because Bitcoin has been sideways for more than three months and is now at risk of producing a major flush.
We not only want to profit from trading but at the same time we want to protect our capital. If Bitcoin drops, there can be much loss.
Moving to these bottomed out pairs can help protect capital while at the same time there is an opportunity to earn... win-win.
➖ A strong 1,000% bullish wave happened late 2023 for this pair; GASBTC.
➖ Notice the huge correction, eight months in duration.
We can expect to see a bullish wave every 8-10 months regardless of the market phase we are in. This will not only be a bullish wave rather a bullish cycle but...
The strong correction on this pair takes prices below the "starting point." This is a positive signal for buyers like us.
👉 We like the pairs that are trading at the bottom, low or near support. This is below support, so sellers are likely exhausted. If sellers are not exhausted, they are very close to being. The risk is very low. The bottom is either in or close, so this would be an easy choice.
That's it... Once we hit bottom, the only place left to go is up.
➖Sell high, to buy low.
➖Buy low, to sell high.
This one looks pretty low.
P.S. Make sure to have a plan and do your own research, as market conditions can always change. —This is not financial advice.
Thank you for reading.
Namaste.
$gasheard some stuff about neo x geting launcehd in next few months
not sure what it is but assuming gas is still used by Neo
reclaim white line and this should get sent
close below yellow line or $6.316 on usdt pair and idea invalidated
thought i had posted this anyways low leverage since hella volatile
whenever this pumps i kick my self for not being in it
GAS/BTC - NEO GAS: Failure Swing◳◱ On the $GAS/ CRYPTOCAP:BTC chart, the Failure Swing pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.0001703 | 0.0001804 | 0.0001983 and support near 0.0001524 | 0.0001446 | 0.0001267. Entering trades at 0.000174 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: NEO GAS
▣ Rank: 129
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.000174 ₿
▣ 24HVol: 16.678 ₿
▣ 24H Chng: 8.007%
▣ 7-Days Chng: 12.44%
▣ 1-Month Chng: -12.48%
▣ 3-Months Chng: 224.95%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001703 | 0.0001804 | 0.0001983
◢ Support: 0.0001524 | 0.0001446 | 0.0001267
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -5.17
▣ Last 90D: 2.99
▣ Last 1-Y: 1.48
▣ Last 3-Y: 0.95
◲◰ Volatility :
▣ Last 30D: 0.51
▣ Last 90D: 2.34
▣ Last 1-Y: 1.50
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.43 - Bearish
▣ Reddit sentiment score is 0.40 - Bearish
▣ In-depth GASBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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GAS token formed bullish BAT | A good buy opportunityHi dear friends, hope you are well, and welcome to the new update on GAS token.
Previously we caught a powerful pump of GAS as below:
Now on a 4-hr time frame, GAS has formed a bullish BAT move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Neo GAS to $70The weekly chart above is incredibly bullish following a lengthly period of consolidation and oversold condition on the daily chart (not shown here).
Why bullish?
1) Past weekly resistance becomes support.
2) Price action closed a candle body above the 21-week & 50-week EMA.
When the previous high is reached - take profits, there’ll very likely be a healthy pullback.
GAS formed bullish BAT | A good long opportuntiyHi dear friends, hope you are well, and welcome to the new update on GAS token with BTC pair.
Previously we had a very nice trade of GAS:
Now on a 2-hr time frame, GAS has formed bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GAS formed bullish Gartley | A good long opportunityHi dear friends, hope you are well, and welcome to the new update on GAS token with BTC pair.
Previously we had a nice trade of GAS:
Now on a 12-hr time frame GAS has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
💥GASBTC - WILL INNER SUPPORT HOLD??Please support this idea with a LIKE👍 if you find it useful🥳
What we have here is a falling wedge pattern and an inner trendline serving as support within it.
If this support should, we shout see an impulsive move to the upper trendline serving as resistance.
But if it fails to hold, then price will fall to the outer trendline.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗