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GOBTC (GOCHAIN) - POTENTIAL BREAKOUT

ANALYSIS 🔎
- GOBTC is printing a falling wedge pattern.
- This is a reversal pattern.
- A bullish pattern to be precise.
- Price is testing the falling wedge's resistance.
- Price action is printing a symmetrical triangle pattern at the test zone.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and symmetrical triangle's inclined resistance (simultaneous breakout).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
- This breakdown invalidation would probably lead to a test of the swing low support level.
- Further breakdown will lead to the retest of falling wedge's support.
- GOBTC is printing a falling wedge pattern.
- This is a reversal pattern.
- A bullish pattern to be precise.
- Price is testing the falling wedge's resistance.
- Price action is printing a symmetrical triangle pattern at the test zone.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and symmetrical triangle's inclined resistance (simultaneous breakout).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
- This breakdown invalidation would probably lead to a test of the swing low support level.
- Further breakdown will lead to the retest of falling wedge's support.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.