VishwaRatna

GNT Following 1-2-3 step count and extremely bullish on its tren

POLONIEX:GNTBTC   None
If you look the GNT chart with Pitchfork then it clearly states that a common trend of 1-2-3-4 green step candles are followed by a red candle which checks for the minimum support count at the 3rd green candlestick. I will not be surprised that this trend continues for another 2-3 months. The time when all the altcoins were in blood bath (past week) GNT showed the trend of stability like LTC.
Within 2-3 days we will ultimately see the break above once the brass platform is released.

The only thing that i worry about GNT is that the Dev Team is slightly Lukewarm and have a long vision in development of 7-8 yeas which is written in their whitepaper, while the competitors of GNT which started after it are too ahead in development like SONM and Elastic coin.
The days are here now for smart contracts and days are particularly shady for core developers.

In short, we have time to buy GNT now and once the lower limit is checked we will dive into uptrend, For traders who do day trading my advise is that trade with GNT/ETH pair not with GNT?BTC pair as former will bring a good profit but the later will just shows count.

Good Day :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.