I've been trading with ETH as a base lately rather than BTC and this coin caught my eye yesterday, called GAS... Looks like it has some room to run so I thought I would share with everyone.
Gas, the fuel that runs the NEO Smart Economy (previously Antshares) has been consolidating for the past 3 months. Chinese regulatory hurdles have caused further price deprecation. This is an undervalued asset with great future potential. Buy.
I have high expectations for GAS..... Fundamentally it will profit from new chinese regulations (which will come I believe strongly) and from coming ICO's on the NEO network (you need GAS to invest). In a recent report, Palm Beach Confidential mentioned a price target of $ 300,- Thats a long road to go, but for 2018 I'm expecting a lot happening for...
$GAS after a strong 5 legs up and doing a ABC correction all the way down to the .786 fib retrace its doing a flat correction, this could take a while, could be good to accumilate some here. Only after breakout out above the yellow line out of the flat correction we can expect some nice action. I dont expect it to go under the 0.786 fib. If you like my posts...
Green zones to buy, red zones to sell
need two more confirmations though
I honestly believe whats going on with GAS as it is correlated with NEO is that there is less GAS than ETH out there and you need GAS when developing applications for NEO. What this means is that NEO will be recovering and although the Chinese GOVT hasn't come out with an "Official" statement the unofficial statement is that the NEO market will still be around as...
This is no NORMAL ICO - I like to call it ADD-ICO ICO's are Initial coin offerings, which is the moment that the coin is first offered for the market. ADD-ICO's on the other hand, consist in when the market already has some of the coins but yet it is going to reach new markets for the first time, for instance when a new exchange is added. Since it's all new,...