- 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. -...
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.
Priceline 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...
Possible breakout to 320-350 satoshi area in the next 32 hours if the triangle plays out.
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...
Symmetrical triangle rules 1. Tends to breakout in the direction of the trend (up). 2. Triangles perform best post breakout when they appear at the start of trends. (uptrend started October 26). 3. Bullish breakout tends to occur before 73% of the triangle is completed (January 13). Besides this we can see the oscillators such as the MACD picking up steem on...
Entry : 0.00000166 - 0.00000146 - 0.00000131 Target 1 : 0.00000178 Target 2 : 0.00000216 Target 3 : 0.00000235 Target 4 : 0.00000324 Target 5 : 0.00000465 Stop loss : 0.00000120 Risk/Reward : 20%/215% Do not hurry to buy, the price may go down to good places Please share your opinion in the comments box and do not forget to press the like button Add to watchlist
the price squeezed nicely with this wedge so breakout will come probably but the volume is very low and because of that the breakout might be weak but still profit opportunity looks good. Stop level is under the wedge
Priceline of GoChain / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss, in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000121 to 0.00000119 Sell between: 0.00000123 to 0.00000128 Regards, Atif Akbar (moon333)
Buy : Close to 110 as possible Sell : 120-130-140 Mid-Hold : 180-220 Stop : 105
Nowadays, GoChain is on the end of falling wedge, where I expect breakout. It means, that our buy zone is point of breakout or double bottom. Target for falling wedge is height of start falling wedge. This height you put on point of break and it is your target. Watch out for rezistences, you can close small ammount of your position there.
I think there is possible adam&eve formation, risk is a bit high but profit oppotunity looks very well. I will share the 4h chart of GO as a comment, to see the wedge with better view.
GO found support at 140 and is near the trendline covering over 3 month period (from 31/03 => 11/06 => 02/07). Doesn't mean it will change the trend, but may pump a little, unless get dumped by BTC before that. CryptoTrades channel trade setup: Pullback buy zone 135-140 Targets 152 - 157 - 168 HODLer's candy 179 Stop loss below 134 Stopless strategy - double...
Buyzone : 140-145 Sellzone : 160-185 Holdzone : 340-435-1270 Stoploss : Under 135
$GO Showing some volume momentum as it bounces from ATL BTC support at ~125sats... UCTS Buy signal on the 6H was printed and we may have a chance to reach resistance at ~226sats... (if btc allows it) If taking this trade, 145/146(LH) as stop loss seems right. #GO
Go/btc analysis BUY ZONE : 130~140 TARGET : 420~598~742~885
Go/btc analysis BUY ZONE : 250~223 TARGET is : 652~786~919