BITTREX:GNOUSD   Gnosis / US Dollar (calculated by TradingView)
Following the double bottom formed at $50 support area , Gnosis moved higher, breaking above the downtrend trendline , then 200 Moving Average and Finally above the descending channel . These facts can not be ignored and should be considered as a potential beginning of the uptrend.

The nearest resistance for GNO/USD is at 127.2% Fibonacci retracement level applied to the corrective wave after the downtrend trendline breakout. The second much stronger resistance is at 227.2%, which is $233 price level. It corresponds well with the upper trendline of the extended descending channel and previous resistance formed in August.

If the $233 level is reached and broken, much more upside potential will present itself where Gnosis could rise up to the $500 mark where two Fibonacci levels are inline with each other. First 627.2% and second is 127.2% applied to the all-time high $400 down to the current support at $50. Only a break and close below the $80 support could invalidate bullish outlook.
Comment: Gnosis rejecting support
Comment: nice wave up
Comment: second target reached
Comment: resistance rejected
Comment: resistance breakout should trigger a strong wave up
Comment: strong wave up followed, getting close to the target
Top Crypto Telegram Channel:
#1 Crypto Blog:
Crypto Forum:
Alts vs BTC Trade Signals:

ETH Tip Jar: 0x79BB76B99114F9B33fd3E5477Eb05F2738D51
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out