My analysis of GOAT's work turned out to be accurate. Kindly refer to my previous post to confirm.

$GOAT
#Binance #CryptoAnalysis #BTC #Trading #TechnicalAnalysis



Comprehensive Analysis of GOAT

Goals and Key Insights:

A comprehensive analysis of various indicators confirms that the 1.4330 level is highly significant and must be reached.

However, it is safer to set the target at 1.4290.

Technical and Market Observations:

1. Image 7 Analysis:

All long positions have been liquidated, which is a positive signal for historical price increases.

The rise in spot volume supports a steady upward movement without sharp collapses, as these moves are not contract-based.

2. Short Position Analysis:

According to technical indicators, there is a large number of short positions, amounting to billions, waiting to close.

Closing these positions will likely trigger a massive price surge.

3. Current Zone and Divergence:

The current zone is a clear accumulation phase, showing signs of reversal and forming divergence on technical charts.

4. Timeframe Analysis:

Based on time cycle analysis, the target is expected to be reached within 14 days, starting from yesterday.