Golos Is About To Hit Target (GOLOSBTC)Golos is about to shoot up and hit resistance, according to some signals coming from this chart.
We can see that GOLOSBTC have a breakout followed by a strong correction. As soon as it broke below the MA lines, volume dried out completely and another breakout followed, leaving two green candles above EMA10 and EMA50.
The RSI confirms what we are seeing above, this can turn out into a strong breakout.
If GOLOSBTC starts to slow down and goes back down, or hit resistance and fall off, the brown dotted lines is our main support. If this line is broken, and a candle closes below it, consider this a stop loss.
Just sharing for learning and entertainment.
See you soon again...
Namaste.
GOLOSBTC
GOLOSGood price behavior, recoiling higher than 175 ST
After drawing Fibonacci levels from the last high of 979 ST to the last 175 ST bottom
Note here that the price reached the first resistance line and could not penetrate it
Buy entry after breaching the resistance line 365 ST and stabilizing the price above it
STOP LOSS 170 ST
Sell at Fibonacci levels
482 ST
577 ST
672 ST
807 ST
979 ST
GOLOSBTC an opportunity after a global decreaseThe price tests a local resistance which is located around 0.00000890, where intersection of Ichi clouds change the trend. Consolidating above this level will start an impulsive wave of growth. If positive trend continues it will reach the next resistance levels around our target. Overall it is a mid term investment opportunity. Currently, price fluctuates in the analyzed range and seems a good entry.
GOLOS/BTC - 3/21/2018Good Afternoon, Traders!
GOLOS has been in a constant bearish trend since August of 2017. Looking at the EMA’s, it can be seen that the lines have crossed multiple times and now the EMA 200 is much above the EMA 20. Along with this the trend line indicates there will be a continuation in the bears.
The strong support level above at the 100.0% fib retracement level was the most significant used level supporting the price from falling below and is the current lowest low that caused a slight reverse in the trend.
The RSI indicator states that GOLOS has been extremely oversold and could be seen as an opportunity to buy for some traders and see the price move in the bullish direction.
Important Resistance Levels: 1032, 1456
Important Support levels: 702
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CONFLICTS OF INTEREST
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Written by:
Hammad Fazlani
Research Analyst
GOLOS 300% PROFIT POTENTIAL - SHORT TERM (MEDIUM RISK)Golos has very good MACD signs and RSI is turning positive
Enjoy this trade as it will most likely be a short term trade
Golos is ready for 400% tradeBITTREX:GOLOSBTC
Hello Friends,
This is going to be long trade for 3-6 months for 5x-8x, but it is upto you. You can hold or exit as you like.
Bigger Picture:
Breakout and Very decent bounce is the reason I took this trade.
Buy now 2225 or add on dips upto 1500
Targets
Stoploss : N/A
