TREND WILL MOVE UP AND PRICE IS ON DEFENDING
GO has broken out of the Falling wedge pattern, but the way to form this pattern is unsustainable, leading to a strong increase of GO will be very difficult. GO will go slowly and will reach 140sts in August, 180sts in September and even 220sts in October. Private idea :
Yesterday's candle was closed as DOJI :) It is a good news . Let see the movie
slight day trade I'm currently in nothing long term but looks good for the short term entry-106 sat current price of posting - 104 $GOCHAIN GO!
GOCHAIN WILL BULL RUN BEGIN ????
GOCHAIN HAS DOUBLE DEEP & GARLEY & BAT PATTERNS :)) Let's see will this rise up to the moon. Candles are closed as double deep on daily period.
Go has Gartley & Bat Patterns. I have just updated long term investment plan to get great profit.
GARTLEY AND BAT PATTERNS ARE TOGETHER :))
Today's analysis – GO/BTC – Establishing an S/R flip retest following a bullish break of structural resistance. Points to consider: - S/R flip Re-test (trend continuation) - Increasing volume - 21 EMA (visual guide) - Oscillators above 50 GOBTC retracing and consolidating above structural support; a successful retest of this level will establish a higher...
GO has just broken out and its target should be 200 - 250 in this June or 300sts in July and August We should keep holding it for bigger profit! It will need to be checked again if drops below 140sts
$GO Following this potential falling wedge break out as it tries to flip resistance into support around ~87 sats level... Volume increasing w/ UCTS Buy signals across 1D & lower TFs... Looking for an entry at support & looking for volume as continuation #GO
Looking at the fib levels of this chart, the upside potential is huge. I would look at the golden pocket around the 0.618 for a medium play around 557 sats. If GO can turn the 0.236 (372 sats) into a new level of support after an approx. 5x move, the golden pocket is on the table. This chart has never had a true bull run so it will be an interesting play...
There is not much to say about the GOBTC chart.. We can say that there is a tightness in RSI and price, after a while it seems possible to observe a hard movement in GOBTC.. The #GOBTC is priced very close to the ma50, I think the ma50 will be the leading indicator in terms of price movements and should be watched very carefully.. Disclaimer: What I wrote is...