Go Go Go!!!Go brokeout through last resistance and now entered an open space. No history, no sellers in negative profit. Only new buyers and those who just sold but already regret it. That is the same story we've seen with PHX and MTH. Huge potential depending on hype and fundamentals (have no idea about it).
Price may come back to ~1230 or continue to grow from here, but in general I expect this coin to be a huge profit maker within nearest time.
Gobtc
[GOBTC] Bounced and very undersold after dip | Perfect buy ?Broke down like I predicted at start of november.
Looks like it found support at horizontal line at 949sats.
Very hard undersold on our indicators even in 1d chart.
Expect a rapid bounce back.
I advice to pick up now.
GO/BTC Targeting previous highs for a 15% move!- Break in market structure
- .705 retracement
- Pivot level retest
3 factors for a nice 3.5 R/R setup right here, with a stop below previous low, worth playing with decent risk management.
The Real New Ethereum - Bigger Better - longer lasting chewThis is the one you have all been looking for - mark this post - do your own research
GO/BTC Targeting previous highs for a 15% move!- Break in market structure
- .705 retracement
- Pivot level retest
3 factors for a nice 3.5 R/R setup right here, with a stop below previous low, worth playing with decent risk management.
Original idea by Svarog
[GOBTC] SHORT at start of NovemberHey guys,
I post analysis about GOBTC very frequently.
This time it's not the bullish prediction like many time before.
In my mind GOBTC will rise in very short term again to its previous ATH at approx. 1270 sats and will bounce down to break down from it's ascending wedge formation.
You can see 3 targets for this short in my chart.
This is not bad for us... it's a chance to load up more of this wonderful ETH compatible blockchain tokens.
So guys. Place sell orders at 1265 sats.
kind regards :)
$GO Signal Give You 116% On My Entry! BAM!You can confirm the chart that i published here:
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[GOBTC] Quick trade 29th Oct. - FAST MONEY - wedge breakoutHey guys,
are you ready for the next quicky?
GOBTC is forming a falling wedge again, it's about to move perfectly.
Let's buy again after touching support at 1150 sats.
Target is 1250 sats. = 8,6% Profit
Duration: 8 Hours
be fast, be furious!
GO-ing for another run...GOchain hit the end of the parallel channel and is looking to hit the top of the channel with 5th wave elliot extension.
Stop loss at the break of the channel.
Target green line/top touch of the channel.
All the best :)
[GOBTC] Triangel breakout ahead | quick tradeBreakout from triangle, very quick trade.
Pickup at 1109 sats now.
We can't go wrong.
GOBTC - SHORTBITTREX:GOBTC is situating into an Ascending Channel (Bearish Pattern) where they can touch once again the support of this channel which is 38.2 fib at 962 sats
Second target 840 sats which is fib 0.5 and the last is 0.618 fib which is 778 sats
RSI is overbought because is above 70
Stoch also in overbought zone this will come down
You can put your buy orders at 778 satoshi which is 0.618.
GO/BTC ready for the next rideGO/BTC is supported now by with a trendline in an uptrend and is forming a rising wedge with the horizontal line at aprox. 1086 sats.
It looks like it will break out. If 1086 sats will be broken, we'll go up to 1150 sats and later to our previous ATH.
STOCH/RSI shows an upward movement.
This is 15 min-chart = very short term, so the duration.
#GOBTC 3rd and 5th legsJust some thoughts..
we have to wait to see what will happen..
entry 1060
exit 1230
SL 1026
r/r 4,64
GOBTC READY FOR NEXT TARGETSGOBTC is looking very bullish.
First target 20% from here.
Expecting to hit 0.000012 next 2-7 days.
Possibly one more wave for GOI wanted to post this one earlier which could have helped better probably, but I was too busy trading this myself.
There was an interesting rally going on with Ravencoin (RVN), which gained (and still has) unbelievable volume and dito... FOMO.
A few coins were trying to catch up, but only GO had the right set-up.. not too nice, but doable for a 'cup and handle'.
I only consider the binance chart, because I know there's a longer history, probably on Bittrex.
The introduction of new coins have great potential, mostly after a short sell-off to test new investors, like Gochain.
That's why binance is big influence even if it's not a new coin.
Only on this chart we can see a possibility for a regressional wave 4 commencing.
I also mentioned RVN, because it was rallying to achieve the 1000 satoshi, while right after GO just surpassed the 1000 sats.
As this is always a psychological barrier, it did go down from there.
We are now waiting and watching how far it could drop. If we stay above the high of wave 1 (837 sats) there should be a 5th wave
ending around the 1180 sats.
All depends of interest and FOMO.. and bitcoin of-course.
Only in August & September we rallied at an identical height of around 1000 sats as well.
So this is clearly a resistance to overcome.
On a smaller scale (maybe 5-15 mins) we are ending a descending wedge with a support at the 900 sats or 50 % retracement.
If we go below that, retracement will be definitely larger.
Another thing: if volume keeps going up, there will be chance for a continuation... the whole way up was achieved with less than 1K volume.
We are now nearing the 2K, so all attention goes to GO.
MDA Descending ChannelMDA tried to break descending channel but first attempt looks like unsuccessful. If it can break channel resistance with 4h close i can buy it or if it goes down to channel support i can buy it again. It is more possible to go to channel support also test fib 0.618 level. Waiting for trade. it is not trade advice only my opinions.
