Pair: GNO/BTC
Exchange: Bittrex
Trade Duration: Long
Risk: Moderate
Introduction
Gnosis (GNO) has been working extremely hard throughout the bear market last year, and has continued to make consistent and thorough updates, something a lot have not accomplished. GNO is currently sitting at -97.26% since it's all time high and we believe that it has the potential to re-visit that level once the market picks back up.
Technical Analysis
- Higher Lows & Higher Highs (Macro/Micro)
- Broke Out Of Descending Triangle
- Bullish RSI
- Bullish Momentum
- Double Bottom
Fundamental Analysis
- Gnosis Still Has $30M In The Bank
- Strong Team (50 Members)
- Worked Consistently Throughout The Bear Market
Our Entry Zone
0.002970 - 0.003515
Our Targets
1: 0.004340
2: 0.006200
3: 0.008000
4: 0.012740
5: 0.020400
6: 0.062100
Our Stop Loss: 0.002380
If you liked this analysis, hit that like button and give us a follow!
Have a great day,
Crypto Eye Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
Exchange: Bittrex
Trade Duration: Long
Risk: Moderate
Introduction
Gnosis (GNO) has been working extremely hard throughout the bear market last year, and has continued to make consistent and thorough updates, something a lot have not accomplished. GNO is currently sitting at -97.26% since it's all time high and we believe that it has the potential to re-visit that level once the market picks back up.
Technical Analysis
- Higher Lows & Higher Highs (Macro/Micro)
- Broke Out Of Descending Triangle
- Bullish RSI
- Bullish Momentum
- Double Bottom
Fundamental Analysis
- Gnosis Still Has $30M In The Bank
- Strong Team (50 Members)
- Worked Consistently Throughout The Bear Market
Our Entry Zone
0.002970 - 0.003515
Our Targets
1: 0.004340
2: 0.006200
3: 0.008000
4: 0.012740
5: 0.020400
6: 0.062100
Our Stop Loss: 0.002380
If you liked this analysis, hit that like button and give us a follow!
Have a great day,
Crypto Eye Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.