Gochain
GO, is GOing downgo hit touched a daily level and as expected the first touch has rejected. It must hold support on the current hourly to see price to continue upwards...otherwise it will fall into the hourly support shown.
GO/BTC - Possibility of ~6% profit - long positionThis bullish divergence shows us that the price will bounce, making higher highs and higher lows. Our target is 877 SATS. But for those who wants easy profit, can close the trade at 857 SATS.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
GOChain daily chart | Touched supportlineGO/BTC touched supportline it looks like a opportunity to buy.
GOBTC can gain up to resistance line with the help of a rebounding BTC.
I expect it to move to resistance now.
Don't be to accurate when looking at our support now.
Target: 1000 sats
Gochain, good support under our feetHey guys,
in this chart you can see a few trendlines in orange. In my expectation these lines seem to be strong.
We have 2 dotted lines around our primary actual working supportline in orange.
Looks like it's forming a bigger wedge around our current price movement. = Good.
I look in the sooner future for go with a very positive feeling.
It could go down by BTC movement but I think we'll see 1000 sats very soon and 1200 sats again after it.
GOChain is moving in an ascending wedge = bearishHello my friends,
as you can see in this chart GO/BTC is moving very clearly in an ascending wedge pattern and will go down after breaking it.
Very simple.
I expect it to go up later.
GOchain/BTC is moving in an ascending wedge = bearishYou can see GO/BTC is moving in an ascending wedge.
Very simple, it's a bearish pattern and will go down.
What I expect from Gochain in the 2nd half of November
GO/BTC dipped hard during the fork days together with nearly every other altcoin but it recoverys very well.
It is moving in a smaller channel which is forming a wedge with a lot of resistances and support lines, some horizontal some regular lines...
This construct is wrapped buy a possible bigger channel, which is forming nothing and looks like a legit channel.
It expect it rebounding to older highs like I draw in my chart. It will need some "time" but we already now: GO/BTC is very volatile and is moving fast.
Personally I expect to hit 1200sat levels in the next 36 hours and hit 1300 in the next 3 days.
My analysis should be very accurate and it even could full-fill much faster.
Later on I see much higher fibonacci induced targets due to our previous highs at approx. 1360sats.
All my analysis on GO were correct in the past and I hope it is going on.
follow me if you like my analysis to be always updated.
namaste.
GOchain my love will make us happy :)Moving in a channel.
Found support on horizontal line.
STOCH RSI undersold.
Fib. Levels are looking very good.
Aiming for more profit!
Will go up.
Target: 1450 sats
[GOBTC] My View on GOBTC for the next week - early November 2018Go will move upward like shown in my chart.
It will have little draw backs by horizontal lines.
I think it will go down after the end of this pattern formation. (rising wedge)
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.
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 :)
[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!
