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GASBTC trade ideas

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.
by SoloTraderAU
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
by VinnyTheTrader1
GASBTC 12H Poloniex – channel - support - fundamentalsGAS is seemingly moving in downtrend channel against BTC and is closing to support at 0.0022 levels AND lower line of the channel. It may be expected that price will reverse and may visit the upper line of the channel and previous resistance at 0.00305 - 0.0032 level. Fairly tight stop loss can be set in this scenario which offers an attractive Risk Reward ratio and so potentially when price reaches 0.0022 I may take the risk to enter w/o seeking for concrete reversal signals – I may be willing to take this risk thanks to the attractive RR ratio. I am willing to enter with 0.25 BTC. RSI is oversold. 0.0022 overlaps with 0.236 fib correction level of the previous large bullish swing. Fundamental – NEX ICO - neonexchange.org
Long
by drgorogbalazs