GOB was triggered based on the MRV1 on 20 Dec 2023The GOB buy signal was triggered based on the MRV1 setup at RM0.225. The target is a 20% increase to RM0.275, with a stop loss of RM0.200. This is expected to take 2–3 months due to the signal being based on the daily timeframe.
The price seems to have been supported well at the price of RM0.210, and a sudden spike after a few sessions of flat movement seems like the start of something. The immediate resistance is at RM0.250, with RM0.290 seen next. Support is seen in RM0.210, with RM0.195 as the next support.
**This is for discussion purposes only and is not a buy/sell call**
GOB
GOB : THE UNEXPECTED EXPLODE VOLUME ON WAY We expect that GOB will show an unexpected Volume breakout in the coming time.
There is no must that this volume should come directly, it's about the mai n structure of the trend.
We expect depending on our study that this coin is going to see new exploding price action which will take the price entering up the $0,01
with the possibility that it can enter $0,14
$0,01 will stays an important start target.
Know that meme coins can be very risky, and should be only traded when you do it with low investment including the study.
Don't follow this idea, this idea is what we expect. do always study, as this update is not financial advice.
BACK To GOB..
GOB seems to be a simple breakdown coin that did hit 9 months the ATH at $0,39, but at the same time, its have an important structure trend also on the side of the max supply of 750M where are signals that this coin can effect a new whale entry. (smart investment).
We will follow this coin in the coming time to see if it's able to break out to the first important target of $0,01
As we expect there is a high chance of a breakout coming unexpectedly, as it happened before on some coins.
Further, we expect that GOB is able to do better than Pepe, milady coin in price action
GOB is at this moment only at GATE EXCHANGE, but it seems that exchange increasing coming soon.
Memecoins should never be the main investments.
GOB : THE NEW MEME COIN THAT WILL TAKE THE MARKET 100x?
We have recently conducted a thorough analysis of the GOB coin, and it has presented us with an intriguing perspective. With a maximum supply of 750 million, this coin has the potential to play a significant role in the coming time.
This assessment is based on well-structured trading practices and our projections for coming time interest. Considering various factors, we anticipate a strong likelihood that this coin will soon experience a breakout and enter a new phase of heightened popularity.
There is a good chance that we can see a new spike in volume in the short term for this coin.
But the most important is that this coin can get an unexpected breakout, the same that Pepe and Doge did get before. we did follow the same patterns of trend.
It's very hard to find the right meme, but when things are most of the time similar in structure volume, and trend, then there is a high chance GOB can be the next coin that can show a movement.
From a technical standpoint, the coin has demonstrated a prolonged decline from its peak at $0.39 9 months ago However, recent developments indicate a potential upward movement that could spark the next wave of excitement.
Typically, we do not actively follow meme coins due to the associated high risks. However, the technical aspects of GOB are particularly compelling, prompting us to monitor its progress in the upcoming period.
It is important to acknowledge that investing in any meme coin carries substantial risks, as the future remains uncertain. Our assessment is based on the anticipated hype and the coin's technical analysis, which reveals promising trends.
Additionally, there is a strong likelihood that GOB will be listed on more exchanges beyond its current availability on Gate .
This is not trading advice. further, it's not a good idea to invest in full-on meme coins, since they have very high risk.
Global Oriental Berhad (GOB) Short-term view. Big boy maintaining price at RM0.395
Price broke out RM0.40 three times but unable to sustain, indicating that selling force is strong above RM0.40
Probably big boy is testing selling force above RM0.40 as well, which is good sign indicating that big rally is just around the corner.
Flag formation, with contracting price pattern.
Proper set up done.
Heavy accumulation at RM0.395
Downtrend reversal for medium term.
Entry Point: RM0.40
Cut loss point: RM0.35
Take Profit whenever satisfied.
Global Oriental Berhad (GOB) Buy now for early bird.Sign of Strenght
Daily TF
1. Massive accumulation.
2. Stochastic Divergence.
3. Momentum buy when price close outside BB.
4. Break resistance.
1H TF
5. MidBB above EMA50.
6. Bullish divergence
Now is good time to entry at RBS + MidBB + Stoch oversold = area 0.375.
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.
