BTC/GAS
Volume Volume Volume. Right now there isn't much of it at all on GAS. Still going to be keeping a close eye on the price, alerts set.
This chart shows my idea of two likely scenarios. The yellow pattern is from a previous runup, I found there was a similar squeeze just prior to that previous price hike.
I'll have a tight stop loss should the trade get triggerered out of this squeeze upwards.
Green boxes are my buy zones.
Volume Volume Volume. Right now there isn't much of it at all on GAS. Still going to be keeping a close eye on the price, alerts set.
This chart shows my idea of two likely scenarios. The yellow pattern is from a previous runup, I found there was a similar squeeze just prior to that previous price hike.
I'll have a tight stop loss should the trade get triggerered out of this squeeze upwards.
Green boxes are my buy zones.
Comment:
Quick update. Did not open the trade at the bottom of the upper buy target with *such little volume*. Where is the GAS at? Will not be surprised to hit the lower buy target.
Trade closed: target reached:
Late update. Closed position at profit on the 9th after buying from the lower Buy target.