Remember to hit like to show your support, let's get started!
Golem ( GNTBTC ) Chart Signals
- First, we have the biggest bar for GNTBTC since August 2019, signaling the start of a new wave.
- Prices managed to break EMA50 (yellow) and EMA100 (purple) in one single candle after EMA10 (green) was conquered.
- The is very strong.
- The is fully and allows for additional growth.
- Notice the black on the chart, these have been fully conquered as well.
- New ATL (All-Time Low) hit just days ago. A strong move like the one we saw yesterday after a new ATL is hit is a strong signal.
As you can see, we have many signals telling us that Golem will now start to grow. EMA100 is the main resistance/ to look at right now.
If EMA100 can be conquered, GNTBTC can grow from here (green arrow).
If EMA100 is rejected, then we will see prices move lower (red arrow), but we remain as another attempt to move up will follow...
Feel free to leave a comment if you have any questions.
Thanks a lot for your continued support.
A break above EMA10 can also be a buy signal.