Long
GAS
GAS is a token created on the NEO blockchain platform with the primary purpose of being fees for processing transactions on the NEO network. With the recent rise in altcoins, GAS's price increased by almost 400% and broke the major downtrend line. It seems GAS is on the role and we might see future development too. Let's see what happens.
Nota
If we look at the GAS's weekly chart, we can see that GAS broke a big triangle pattern and there is a lot of room for growth. Let's see what happens.
Nota
After GAS pumped and reached the first horizontal resistance, it went into correction phase. In the correction wave, GAS price reached the big triangle pattern's upper line, and now it seems GAS broke the minor downtrend line; so, an upward movement is possible. Let's see what happens.
Nota
Here is a closer look at the GAS's correction pattern; descending triangle.
Nota
Finally, GAS broke the minor downtrend line and is going up.
Trade ativo
So, GAS been oscillating in the big triangle pattern. It seems GAS has already started another upward wave from the bottom of this triangle pattern, went up, and reached the upper line. Could GAS break this triangle and repeat the previous upward burst? Let's see what happens.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.