Golem is in a descending triangle formation where we see a triple bottom at ~5000 satoshis.
Bullish Signals: - Triple Bottom - Oversold RSI - Brass Golem v1.0 to be announced in the coming weeks/few months. - Golem not added on Binance or Korean exchanges yet. - Golem currently at 5,000 satoshi with previous ATH (All time high) of 25,000 satoshis. And this month's ATH of 9000 satoshis.
We will get a bullish formation once GNT breaks the upper triangle line, and bearish confirmation once 5000 satoshi support breaks downward.
I am overall very bullish on GNT regardless as I believe in its fundamentals which imho is much influencial price booster on the longterm.
Entry:
5000 Satoshis or once we get a bullish confirmation.
Good luck to all!
Comment
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We are pretty close to support at ~5100 Satoshis. In my opinion, this is a perfect entry point where u can start accmulation. If you prefer to diminish your risk in this trade, u can wait to buy once we get a bullish confirmation once we breakout of this triangle upwards.
Thanks mate for this TA and the LISK TA as well ..
Kindly update this one
Have a lovely day
By the way ; i am following your positions since Nov 2017
congrats on your success