[GAST/BTC] NEOGAS FOLLOWING NEO [ POT 50-300% PROFIT]
#GAS / BTC ( Binance )
Buy Range : 0.00081-83 ( buy any dip )
Stop Loss : Daily Close Below 0.00758
Target 1: 0.00127
Target 2: 0.00188
Target 3: 0.00288
After some consolidation period and found a bottom over our SL, Gas are following NEO and most majors which just breakout. This coin its trying to find some support over moving averages. If this coin daily close over MA50 then happy days. We probably will be talking about bull-run. On the other side, this coin could need more time of consolidation and maybe retest the trendline where you could buy again or put your buy order there.
In any cases, set your SL below support will offer you a very safe risk/reward.
If we look into 4H right now, this coin has closed two candles above MA200 which is very good. RSI is a bit higher and rest moving averages should be a must before continue going up.
Ichi cloud has been broken on this timeframe too and next hours turning into green.
Paying attention oon the big weekly volume around 4 weeks ago suggest it was the start of the bullish reversal on GAS. Also, MACD, STOCH RSI looking good on this chart. It would be good if RSi can break 36 on the weekly chart.
Good luck
Buy Range : 0.00081-83 ( buy any dip )
Stop Loss : Daily Close Below 0.00758
Target 1: 0.00127
Target 2: 0.00188
Target 3: 0.00288
After some consolidation period and found a bottom over our SL, Gas are following NEO and most majors which just breakout. This coin its trying to find some support over moving averages. If this coin daily close over MA50 then happy days. We probably will be talking about bull-run. On the other side, this coin could need more time of consolidation and maybe retest the trendline where you could buy again or put your buy order there.
In any cases, set your SL below support will offer you a very safe risk/reward.
If we look into 4H right now, this coin has closed two candles above MA200 which is very good. RSI is a bit higher and rest moving averages should be a must before continue going up.
Ichi cloud has been broken on this timeframe too and next hours turning into green.
Paying attention oon the big weekly volume around 4 weeks ago suggest it was the start of the bullish reversal on GAS. Also, MACD, STOCH RSI looking good on this chart. It would be good if RSi can break 36 on the weekly chart.
Good luck
Trade closed: stop reached:
SL hitted. A small lost here :P