Gochain
#GO/BTC (June 20)GO has just broken out and its target should be 200 - 250 in this June or 300sts in July and August
We should keep holding it for bigger profit!
It will need to be checked again if drops below 140sts
$GO, Following this potential falling wedge break out$GO
Following this potential falling wedge break out as it tries to flip resistance into support around ~87 sats level...
Volume increasing w/ UCTS Buy signals across 1D & lower TFs...
Looking for an entry at support & looking for volume as continuation
#GO
Go play the fib levelsLooking at the fib levels of this chart, the upside potential is huge. I would look at the golden pocket around the 0.618 for a medium play around 557 sats. If GO can turn the 0.236 (372 sats) into a new level of support after an approx. 5x move, the golden pocket is on the table. This chart has never had a true bull run so it will be an interesting play immediately after halving. It's make or break time for GoChain. This downward resistance line should resolve soon. Let's see if all of the good news lined up along with the projects previously announced can send this into an epic bull run. The tokenomics looks great for this to be an epic play. The market cap is extremely low, circulating supply is near dispersed and sell volume has dried up.
My Strategy:
Buy: 70-90
Stop Loss: 65
Sell: 100 - 120 - 140 - 160 - 190 - 200 - 298 - 372 - 465 - 557 - 700 - 800 - 870 - Fully out at 1350
Disclaimer: This is not financial advice. These are only my opinions and observations on this chart.
#GOBTC LONG.. There is not much to say about the GOBTC chart.. We can say that there is a tightness in RSI and price, after a while it seems possible to observe a hard movement in GOBTC.. The #GOBTC is priced very close to the ma50, I think the ma50 will be the leading indicator in terms of price movements and should be watched very carefully..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
#GOBTC LONG.. There is not much to say about the GOBTC chart.. We can say that there is a tightness in RSI and price, after a while it seems possible to observe a hard movement in GOBTC.. The #GOBTC is priced very close to the ma50, I think the ma50 will be the leading indicator in terms of price movements and should be watched very carefully..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
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
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.
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 - 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.
Gochain coiling up for next move upAfter 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 support and the ichimoku cloud coming together on the 1h.
Additionally, the oscillators such as the Stochastic RSI seem to be ready to roll.
GoChain Hits New Milestone | Strong Uptrend ConfirmedGoChain (GOBTC) hit a new milestone today confirming strength for this altcoin pair and the market as well.
This milestone is a new higher high compared to the peak on the 11-Dec.
Volume is also the highest since September 2019 after the low was hit, another milestone.
This one can easily continue growing.
Previous analysis:
Altcoins Market Extreme Bullishness | 24%+ Growth In Days!
Bitcoin Challenges EMA50, Aims At $9428 or MA200, Possible?
Thanks a lot for reading.
This is not financial advice.
Namaste.
Gochain Symmetrical Triangle breakout to 323 by mid JanuarySymmetrical 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 the Daily time frame.
Target
Breakout target 323. Before we breakout, we might see a low of 159.
This is where the .5 fib retracement from the ATL and the .65 fib retracement from the start of the triangle coincide with the triangle support.
Apart from this TA, GO is a project which has recently bottomed out, has a very small market cap of around 10 million and is doing fantastic FA wise with many different partnerships such as the UAE government, HBK, Dish Network and many more.
#GoChain Breakout NowEntry : 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
GOBTC formed bullish Gartley | Upto 28% bullish movePriceline of GoChain / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000191 to 0.00000177
Sell between: 0.00000201 to 0.00000227
Regards,
Atif Akbar (moon333)
GoChain Full Analysis After A 115%+ Bullish Wave | Target MappedI published a chart last month for GoChain (GOBTC), I remember having fun doing it.
This chart produced some nice results and I received more messages than usual asking for an update.
First, here is the previous chart, this one produced over 115% of gains:
Now, you know I don't look at charts after the bullish move is done, we like to look at them before the action so that we have the highest profits potential as well as the lowest risk, but we are going to make an exception and look at this one again while bearish due to popular demand.
GoChain Chart Analysis by Alan Masters
The first wave went for 213% from bottom to top... After a strong move, a correction follows, which is what is happening now.
Prices for GOBTC first stopped when they hit the yellow line, which is EMA50. This retrace is likely to go further until the 0.148 - 0.236 Fib. retracement range is hit, based on experience.
After this level is hit, marked with light green, we can see additional bullish action.
Conditions for change
Of course, other scenarios are also possible... If this support range mentioned above is broken, prices can move lower, just as they can bounce and start to move up again sooner than expected.
These are just projections and not predictions, we trade/make money based on candle close.
Thanks a lot for reading.
Remember to hit LIKE to show your support.
This is Alan Masters.
Thanks again for visiting, it was my pleasure to have you.
Namaste.
GOCHAIN BULISH PENNANTBINANCE:GOBTC has a bullish pennant in the making. pennant are usually continuation pattern
The trade opportunity is to go long . A safe trade is to wait for a breakout on the top resistance at 230sats and potential profit target at 290sats
$GO : Symetrical Triangle$GO seems legit but $BTC volatily is here
Play safe, wait or breakout
Not a Financial Advice