GOchainOne of you wanted to get an overview of GoChain so I got on with it.
He looks interesting, he is currently holding a strong support where the volume is high! In the near future we should see some great movement.
gochain.io
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HAVE A NICE DAY !
Gobtc
#GO $GO #GOGOZALES I am also sharing from tradingview so you also follow up as updated chart from Tradingview
$GO #GOBTC #GO #BULLISH GARTLEY UPDATEGo has Bullish Gartley and descending triangle. Lets see the updates
GO ANALYSIS (LONG OPPORTUNITY INCOMING!)GO ANALYSIS:
GO has been on a strong retrace since topping at at over 290+ sats! GO is now falling strongly, but there is a golden opportunity to enter as we close in on the yellow entry zone. RSI and Stoch have near oversold and volume has bottomed out. I expect one final daily wick down into this zone, in which I recommend stagger buy in bids from 136 to 156 sats. This prime buy in zone should bounce and target T1 at 196 sats and T2 at 218 sats will be hit. Again, this is not a short call. Rather. Place long. Bids inside this zone and wait. Any drop under 200MA, below 135 would be a bearish sign.
Possible Entries: 136-156 sats
Gochain bottom in? Next big leg up awaits us?- Price seems to be trading deep within a falling wedge (bullish pattern).
- Trading just above horizontal support area and exactly on the 100 daily EMA support
- 100 daily EMA was the bottom during the previous large correction down to 145.
- We've had 2 quick wicks through the ichimoku cloud, but are trading within the cloud, which should act as support.
- The fact that we see 2 wicks this sieze in a row shows that buyers are very eager to step in at the levels below us.
- Tenkan-sen (blue line) is still above the Kiju-sen (red) which is a bullish signal
- The bounce from 178 satoshi was exactly the .786 fibbonnaci measured from the bottom to top of the last rally (145-299).
- RSI bounced from the bottom of a falling wedge and is forming a hidden bullish divergence, which is only negated if we drop below 145.
Besides this TA, Gochain is launching Arabian Bourse exchange and payment solutions in Q1, which is ending in the coming weeks.
GoChain (Feb 07) - It will pump soon#GO/BTC (Binance)
Buy : 250
Sell : 260 - 270 - 290 - 310 - 330 - 350
Stop : 230
#GO $GO #GOBTC
GOBTC potential breakout.BINANCE:GOBTC is in this massive ascending channel. Within it we have this triangle-ish structure with a bunch of pokes into resistance. The more times a resistance/support is tested the weaker it becomes. Expecting this to break out soon. First target is around the channel median line. The fib pull shows we came to the golden zone (between the 618 and 65) making the first ago target the -236 which would be a good end target. By the breakout.
GoChain Wants to Make Another Move UpGochain is in accumulation under a weekly level, it looks as if it will pump soon. I personally thought it was topped out but the fact it hasn't dumped yet proves it inst done. Target 338
GOBTCTough Call. 4h candle closed above resistance levels followed by a bearish engulfing signal. Daily looks like an uptrend. Will take my chances on a retrace of the last leg up with a tight tight stop.
GO to rocket back to 275 before month end?Just like the retrace of the previous uptrend, GO seems to be forming a falling wedge with declining volume.
GO could drop another 10% (to 203 area where the .618 fibonnaci is) in the next 5 days to make the last macro higher before trending backup, which is started with an explosive move back to 275.
$GO, Testing crossed level at ~226sats..$GO
Testing crossed level at ~226sats with help of BTC pushing up...
Similar to what $LEND showed, this could be a good opportunity for an entry on a potential R/S flip with target at ~320sats (30%+)
Volume has been rising over the last weeks
UCTS Buy signals across all HTF
#GO
GOBTC formed bullish Shark | Upto 21% bullish move expectedPriceline of world's 151th largest cryptocurrency out of more than 2300 crypto tokens GoChain (GO) has formed bullish Shark pattern and entered in potential reversal zone.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of GO price action's moves:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.00000248 to 0.00000235
Sell between: 0.00000259 to 0.00000285
So this very short term 2hr based chart trade has potential to give upto 21% bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
GO/BTC shows a bullish Pattern
GO/BTC pair forming a cup and handle formation which is a textbook bullish signs expect a little pullback to this support region at 219 - 198 and must hold this trend of support to continue bullish rally. The next potential target is up to 328 sats around 20-40% gains.
GO/BTC TA Update (1 More Leg Up?)GO/BTC
GO made another Higher High after breaking the previous top at 240 sats area. But the RSI is not showing any good sign but instead,
it is painting a bearish sign or uptrend exhaustion. If GO bounce off key support area but failed to break the High at 298 sats.
We will be expecting a 1st Low High which could signal a potential reversal in the mid-term.
GO/BTC - Mirrored Overview!GO/BTC strong uptrend!
Time frame : 3D
Cup & Handle Confirmed:
Buy : 240-290
Target : 396
Let the profit until April's Target! - (Based on the price action from the past)
Until next time, happy trading!
Gochain breakout in the next 32 hours? Upside potential of 350 Possible breakout to 320-350 satoshi area in the next 32 hours if the triangle plays out.