We have been in this crypto for quite awhile, but it is catching a nice pop right now. If you're swing trading these cryptos I'm not sure if now is a right time to get into this as it might consolidate. However, this looks like a strong crypto for a buy and hold for longer term. For traders that are already in this as a swing trade like we are..we are going to ride this momentum until it runs out! We're basically looking at 4 hour and 1 hour charts to see if the volume keeps up and the price keeps moving higher with it.
I think there will still be more room to the upside on this one!
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Volume is still pouring in nicely here. I don't see any reason to jump off the ride until it shows weakness.
Thank you. I have a question: is it possible to do a GAS/NEO TA? I put my NEO in GAS because of the ratio and I will go back in NEO if the ratio is 1:1 at the minimum.
Remm_Unknown
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thanks for your TA, I really want to get some GAS.. just wish I had got it earlier.. do you think this run will correct and have another entry point?
StrengthTrading
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@Remm_Unknown, No problem! Yeah it's obviously better to try to get into these cryptos before it pops like this. I believe that it definitely will correct at some point, but I'm not sure when. As of right now the price movement and volume is strong so it's tough to tell.