Looking 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.
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.
Comment:
We are still in the buy zone. This chart is about to take off soon! All we need is volume.
Comment:
We have broke out of our buy zone with volume. Hold and take profits at our targets.
Comment:
TP 1: Completed. Currently trading at 105 sats!
Comment:
120 Crushed. At 136 about to hit TP 3
Comment:
TP 3 is on the horizon. Currently at 158 sats with a high of 159 sats!
Comment:
TP 4 HIT! 160 was cleared and we are now consolidating between 161 and 165
Comment:
We are so close to TP 5! Currently at 187 sats!