Gochain
$GO #GOCHAIN #GO #GOBTC DOUBLE DEEP ROCKET & ELON MUSK PATTERN$GO #GOCHAIN #GO #GOBTC DOUBLE DEEP ROCKET & ELON MUSK PATTERN
GO/BTC (Retesting Major Support Area)💎Technical Analysis Summary💎
BINANCE: GOBTC
-GoChain is retesting major support area at 77-70 sat
-If we look at history, this zone has been tested twice
-And we saw a strong upside movement for a few weeks
-Will history repeats itself? I'm not sure
-If you are taking a risk, please use proper stop loss location
-And exercise proper trading size allocation
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#GOBTC #GOCHAIN #GO TIME TO $GO LONG TIME :)))It will move up strongly once it finish the accumulation and we will run behind of the $GO
#GOBTC #GOCHAIN #GO TIME TO $GO WILL CREAT A GOOD CUP BULL TIMEGo has harmonic Shark pattern view if this arrea supports the price to rise up
GO Chain (GO) 222% Potential GrowthPOSITIONING TRADING STRATEGY
From volume profile we can see that GO/BTC has been accumulating since July 2019.
The resistence is going lower and creating a pennant pattern.
MA 100 and MA 200 meet.
if the pair can break the support and MA 100 and 200 be the support, the pair is getting ready to reach the target
The support is in the red line below the price
Buy entry :
103 - 120
Target 1 : 181
Target 2 : 211
Target 3 : 250
Target 4 : 298
Target 5 : 360
Stop Loss : 82
Calm and patience is one of successful trading key using Positioning Trading Strategy
$GO #GOBTC #GOCHAIN TREND WILL MOVE UP AND PRICE IS ON DEFENDINGTREND WILL MOVE UP AND PRICE IS ON DEFENDING
✳️GoChain [GO/BTC] on Aug-15 #GO $GO #GOBTCGO has broken out of the Falling wedge pattern, but the way to form this pattern is unsustainable, leading to a strong increase of GO will be very difficult.
GO will go slowly and will reach 140sts in August, 180sts in September and even 220sts in October.
Private idea :
$GO #GO #GOBTC #GOCHAIN TIME TO GOOOOOOOOOOOOOO :)Yesterday's candle was closed as DOJI :)
It is a good news . Let see the movie
$GOCHAIN GO!slight day trade I'm currently in nothing long term but looks good for the short term
entry-106 sat
current price of posting - 104
$GOCHAIN GO!
$GO #GOCHAIN #GO #GOBTC DOUBLE DEEP & GARLEY & BAT PATTERNS :))GOCHAIN HAS DOUBLE DEEP & GARLEY & BAT PATTERNS :))
Let's see will this rise up to the moon. Candles are closed as double deep on daily period.
$GO #GO #GOBTC #GOCHAIN LONG TERM Go has Gartley & Bat Patterns. I have just updated long term investment plan to get great profit.
GO/BTC | S/R Flip Re-test| Trend Continuation | Volume Influx Today's analysis – GO/BTC – Establishing an S/R flip retest following a bullish break of structural resistance.
Points to consider:
- S/R flip Re-test (trend continuation)
- Increasing volume
- 21 EMA (visual guide)
- Oscillators above 50
GOBTC retracing and consolidating above structural support; a successful retest of this level will establish a higher low above the key level forming a bullish bias in the market.
The break of structural resistance was backed by strong volume, adding validity to the price-action. A sustained influx of volume will be key for maintaining the bullish momentum and avoiding any fake-outs.
Further price action and trend continuation will allow the 21 EMA to act as a visual guide; a trade management tool assisting in defining risk.
Both, the RIS and stochastics trading above 50, indicating strength and momentum is currently present in the market. Oscillators need to range above 50 to maintain the bullish momentum.
Overall, in my opinion, a successful S/R flip retest validates a long trade to technical targets above with risk defined below structural support.
What are your thoughts?
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