GOBTC EASY 36%
Easy low risk high reward trade on GO/BTC. As you can see highlighted in white GO/BTC was in a 3 month accumulation phase. As you can see we closed below it and accumulated right under it for about 2 weeks. GO closed above the blue weekly on a daily time frame but we didn't retest the top of accumulation. We are buying the bottom of a large accumulation after it has been regained. ENTRY at 92 SATS. The first target is 125 SATS, if we break and hold above that we could be in for a bullrun. TRADE IS INVALIDATED IF WE CLOSE ON A 4HR or HIGHER BELOW THE BOTTOM OF ACCUMULATION 89 SATS. Risking ~5% for 36% Simp.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.