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GASBTC

NeoGas | Is It A Bear Or A Bull? 50/50Let's take a look at the NeoGas (GASBTC) chart. Here we have strong bullish action happening now but things can easily change... Let's take a closer look. GASBTC is now in an uptrend and completing a strong retrace. After the peak on 16-Feb., prices dropped below EMA300 until they hit 0.0001681 or EMA50. As soon as EMA50 was hit, a strong bounce started to take place. (EMA50 also coincides with the 0.618 Fib. retracement support for the last bullish wave, adding additional value/strength to this price level). MA200 has already been conquered (bullish)... On this setup, prices can easily continue growing and multiple signals are now pointing to just that, additional growth. EMA300 at 0.0001940 is our main indicator right now... Above this level, GASBTC can easily continue growing. Below this level it can continue to retrace. The orange trendline can also be used/counted for support. This is not financial advice. Remember to always have a trading plan/strategy if you decide to trade. Remember to hit like if you would like to send us some LOVE! Namaste.
by MasterAnanda
1
Volume Indicator, Gas Starts To Fly (100%+ Mapped)GASBTC is starting to fly and we have really good volume coming in... Let's take a quick look at the volume indicator. We usually mention volume as a very important signal/indicator when it comes to TA. Any move that happens we always look for volume for confirmation. Good volume is good for the bulls we always read/say. Recently the market cycle changed from bearish to bullish, and we are seeing strong bullish action on low volume in some/many cases... This isn't a bearish signal anymore since we are in a bullish cycle, it is more of a "continuation" signal. So if you see a bottomed out altcoin producing a low volume break above EMA10 and EMA50, instead of seeing this as a bearish signal telling you that prices can quickly reverse because there is no volume support, instead we see it as just the beginning since prices are moving higher and the trading volume is yet to come. When we looked at GASBTC, we can find a good example of what I just wrote. There was no big volume when breaking above EMA10 or EMA50 (just the beginning), but prices kept on moving higher and there is big volume now to challenge EMA200 and for GAS to continue going up. Yes! We continue to look at trading volume for confirmation, but this can be better used now when it is time for a drop. If prices drop on low volume, you can take it as a signal of a retrace that won't go for long. But if prices drop on big/above-average bear/red volume, then you can take it as confirmation that prices will likely continue to drop. That's the volume indicator based on my experience after years of looking at these charts. Namaste.
Education
by MasterAnanda
7
NeoGas Moves Ahead | 95%+ Within 2-3 Weeks?NeoGas (GASBTC) is growing at a very fast rate and is printing a very strong bullish (green) candlestick. Right now it is moving above EMA100 (blue line) which rejected its growth recently... Now moving above it, additional growth can take place. This is the daily timeframe (1 candlestick per day/24 hours), so the candle needs to close for confirmation. The RSI is really strong at 74.83 and the MACD shows plenty of room available for additional growth. If GASBTC moves back down, 0.0001823 is the first support, followed by 0.0001608 or EMA10. This is not financial advice. Remember to always have a plan and do your own research before you trade. Namaste.
Long
by MasterAnanda
2
NeoGas Is Next | Massive Bullish Action ContinuesThe altcoins market continues to grow... More and more altcoins are producing great gains and there seems to be no stop. The next to breakout with good strength and volume is NeoGas (GASBTC). We can see it challenging EMA100 with great strength and volume. The indicators are super-bullish and this is the type of action we have been seeing for weeks now. Enjoy the profits... This is just the beginning... Much more is yet to come. Thanks a lot for reading. Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
1
NeoGas (Oct 17) 66% PProfit in 20 Days#GAS $GAS #BINANCE #POLONIEX #HUOBI Buy : 1600-1550 Sell : 1700-1800-1900 Mid-Hold : 2000-2500 Stop : 1390 ==================================== Let’s meet up and have some trading battles today! Guys from Onederx invited me to the trading competition that they hold each Wednesday. It’s a 24-hour marathon consisting of many 10 min blitz trading rounds. A trader who earns the highest PnL (%) in 10 minutes wins the round. Results are shown in real-time and it’s quite exciting and fun to compete with others. I signed up for the next tournament, my nickname is CryptoStation_ Sign up, create a nickname with the suffix “” like your nickname_ to recognize each other. BONUS 1: Top 3 traders the suffix will get additional $175 from me & Onederx guys. (1 place - $100, 2 place - $50, 3 place - $25). BONUS 2: Sign up via my link onederx.com in the next 48h and get +$10 on your first deposit. For CryptoStation’s members : BONUS 3: After signed up, contact Captain to get new Safe Selling Strategies, written by Captain BONUS 4: Everytime you won a tournament, you can contact Captain to get 1 VIP month for FREE! Learn more here & Let's rock!
Long
by CryptoStation
GAS/BTC - Edge to Edge Activated. 5R Trade - 1D ChartWe have all the signs of GAS about to increase! Volume increasing for the last 5 days, About to have a Bullish TK cross in the future based on the plotting, Bullish Candle with Volume yesterday and Chikou is bullish This is a huge 5R trade as with what we are seeing with many alts You can also call this a Kijun Bounce leading into the E2E so I am super bullish on this one! Waiting on TK cross to enter! Follow me on Twitter: @coachkcrypto Comment below and like and if you take the trade and win goodluck!
Long
by Joel_CoachK