Symmetrical 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...
GO/BTC We can see EMAs cross on the Daily Time-frame signaling a change in short term momentum to the upside. GO may have ended the deeper pullback after breaking the red color downward trend-line a few days ago. Now that the GO is looking bullish again, It hasn't retested the key support area enough, we could expect some minor pullback to 180 - 170 regions if...
Priceline 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...
Easy low risk high reward trade on GO/BTC. As you can see highlighted in white GO/BTC was in a 3 month accumulation phase. As you can see we closed below it and accumulated right under it for about 2 weeks. GO closed above the blue weekly on a daily time frame but we didn't retest the top of accumulation. We are buying the bottom of a large accumulation after it...
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Priceline of GoChain / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss, in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000121 to 0.00000119 Sell between: 0.00000123 to 0.00000128 Regards, Atif Akbar (moon333)