Technical analysis by Cryptorphic about Symbol GAS: Buy recommendation (7/20/2024)

Cryptorphic

Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis.Follow me for:~ Unbiased analyses on trending altcoins.~ Identifying altcoins with 10x-50x potential.~ Futures trade setups.~ Daily updates on Bitcoin and Ethereum.~ High time frame (HTF) market bottom and top calls.~ Short-term market movements.~ Charts supported by critical fundamentals.Now, let’s dive into this chart analysis:The weekly chart of GAS/USDT indicates a symmetrical triangle formation, bounded by a descending resistance trendline and an ascending support trendline.Currently, the price is trading near the lower boundary of the triangle at $3.910, showing a potential bounce from the support trendline.GAS is likely to rally 240% if this rebounds players off successfully.Key levels:- Current Price: $3.904.- Support: $2.643.- Resistance: $$8.88.DYOR, NFA.Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!Thank you!#PEACE