This setup looks really good and this pair can produce additional growth.
The next barrier to break is EMA100 (blue line). Above this level, GOBTC can easily move higher and reach the 0.00000141 - 0.00000151 price range.
Below EMA100, GOBTC can either retrace or consolidate before its next move... The bulls are now in control and we expect growth in the weeks to come.
Conditions for change
The charts are always changing, every 24 hours a new is printed and what is today can become something else after the close.
If GOBTC moves and closes below 0.00000099, this pairs bullishness is reduced and it can easily test lower support.
Even if a strong retrace comes, we are likely to see a bounce with good momentum up (second green arrow).
This is it for this analysis...
Thanks a lot for your continued support.
Patience is key.
(🥇 Free PREMIUM Trades, Altcoins, Bitcoin, Results, Rainbows & More)