Gochain coiling up for next move up
After an explosive move up Go has seen about a 20% retrace from the local top of 285 satoshi. Since the start of the move, GO has been respecting an upsloping diagonal trendline. GO now seems to be coiling up in a squeeze, getting ready for it's next move.
GO is currently sitting quite literally on a cloud of support with the upsloping trendline, horizontal support and the ichimoku cloud coming together on the 1h.
Additionally, the oscillators such as the Stochastic RSI seem to be ready to roll.
GO is currently sitting quite literally on a cloud of support with the upsloping trendline, horizontal support and the ichimoku cloud coming together on the 1h.
Additionally, the oscillators such as the Stochastic RSI seem to be ready to roll.
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