Another entry for you all in the public library Crypto-Sticks series. More STILL to come! What I particularly love is these indicators give you an added 3rd dimension to viewing them otherwise. You can see how much fluctuation occurred, get better divergence signals, find higher/lower extremes, and use in combination for secondary confirmation!
Here's an example...
BITTREX:GOBTC is situating into an Ascending Channel (Bearish Pattern) where they can touch once again the support of this channel which is 38.2 fib at 962 sats
Second target 840 sats which is fib 0.5 and the last is 0.618 fib which is 778 sats
RSI is overbought because is above 70
Stoch also in overbought zone this will come down
You can put your buy...
Cup and handle is finished time to go.
Go is above the Ich cloud but I dont need the show If I do that , chart will be very complicated.
Here is target
T1 : 561
T2: 577
T3: 605
GO is ready to, well GO! This coin was listed on Binance and hasn't seen much action. History says that new coins eventually fly towards a Rocky Mountain High.
Let's Pause...
There's been a lot going on in the past week and it's lead to a lot of indecisiveness. People are confused and not quite sure which way the market is heading. Let's highlight a few things...
GO has been making huge fundamental moves in the last couple weeks. Binance announced that they have won the free listing of the month and the C.E.O. hinted at Sunday being the day. Depending on where you're at in the world this could mean in just a few hours!
We've just broke the downtrend and have formed an unusual inverse head and shoulders. RSI is looking...
The last BTC fall seems to correlate well with a C in the ABC correction Gochain have had after rising from 350 to 1100 sats in the span of 2 weeks. With several new listings and a Binance listing coming up soon, we may see 4000 sats before a new correction of the 5 wave structure.
