Short term I think it can reach 9265 fib level of its all time high movement.
is declining which is a great sign when a coin is in correction.
I still have not opened long on this trade.
I will wait for breakout with good to go long.
Will update this post.
triggered. My sell point will be .618 fib level which is around
Always remember breaking out of these patterns should involve good volume to work out.
Owner of Golems can keep their coins.
If you want to buy Golem you have two options :
Buy on breakout of triangle
Buy if price gets closer to the base of triangle
Always remember to use stop loss
Right now price is sitting on support. If this support gets lost
we might see a drop to next support which is 6918.
If you have Golem I suggest to keep a tight stop loss as
current support might get lost.
I don't think buying at this point is very wise.