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GO Chain in a tight situation

262
Go Chain now around the Fib 0.618 level and Bollinger Bands also in a very tight situation now. This fib level is very important for GO and it has two possibility:
1)- If fib .618 level works as support it can do a perfect Bullish Bat Pattern and the price can go 815.
2)- If it goes below this fib level it can turn a bearish ABC Wave and the price can go below 500.

I am bullish and think first scenario has more possibility. Stop loss 615.
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The price is moving between fib 0.618 and 0.5 levels. Volume has decrreased and bearish momentum has gone. MA100 crossed MA200 in 4h chart and it can be a bullish signal. Waiting for new big move. I am bullish but don't forget to use stop limit. And it is not an investment advise only my opinions.
İşlem kapandı: durdurma seviyesi
stop reached 615 and trade closed
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GOBTC bullish and bearish signals

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.