[GNTBTC] Golem's Long [300% - 950% PP]

Golem (GNT) Overview

Golem is the first truly decentralized supercomputer, creating a global market for computing power. Combined with flexible tools to aid developers in securely distributing and monetizing their software, Golem altogether changes the way compute tasks are organized and executed. By powering decentralized microservices and asynchronous task execution, Golem is set to become a key building block for future Internet service providers and software development. And, by substantially lowering the price of computations, complex applications such as CGI rendering, scientific calculation, and machine learning become more accessible to everyone.



Golem Trade Analysis

Golem (GNT) has really good potential and the charts are looking good. Contrary to other altcoins, it hit its highest peak this year in May rather than January and its all time high was set back in June 2017. On this trade, we will aim for January's peak... Let's s trade!

Weekly chart:

- We are now trading above EMA10. This is the first step to get out of a downtrend and start an uptrend.
- Bullish MACD crossover. RSI Trending up strong, reaching bullish side.
- Demand / support zone has been activated (yellow squares).
- Increase in green/bull volume.
- Reversal candle when the bottom/low point was hit.
- Ranked #48 on CoinMarketCap.


Golem Trade Instructions by Alan Masters

Buy in: Up to 0.0000250
(Note: This is a LONG TERM trade)

Targets for GNTBTC by Alan Masters:

(1) 0.0000280
(2) 0.0000307
(3) 0.0000354

Longer term
(1) 0.0000385
(2) 0.0000433
(3) 0.0000463
(4) 0.0000511
(5) 0.0000588
(6) 0.0000643
(7) 0.0000714
(8) 0.0000798
(9) 0.0000917
(10)0.0001050

Stop loss:  Close weekly candle below 0.00000183.

Capital allocation: <10%.



ENDLESS OPPORTUNITIES, EARN MORE

When you are starting to trade cryptos you can see lots of "missed" opportunities, and sometimes you see huge swings in different coins and you are tempted to join, out of emotion / fear / FOMO, which can lead to bad trades. First know that this market offers endless opportunities, and there will always be more. You can see how that plays out daily by looking at the stats and charts on different exchanges. So it is better to wait for the right opportunity, rather than rush and lose.

If you are starting out, the best strategy is to buy LONG, looking to buy as low as possible so that you won't have to deal with technicalities as experts have to when they trade on highly active markets. The other advantage of buying at the bottom is that, when the breakout happens and a new trend starts, you can choose to sell whenever you feel comfortable with your profits.

So I look for opportunities where coins reach their "bottom". Buying at this bottom highly increases your chances of getting out with a profit.
You can read the charts candle sticks, use indicators and chart formations to gain knowledge as to what might happen next. But remember, all of these are just signals, one cannot predict the future in these markets, but we can definitely make an informed trade which can increase our chances to earn.

Namaste.

Trade active

Trade active:

Positive break... Best volume in a while. GNTBTC will move now.

Trade active

Comment:

Pack your bags, we are moving positive.

"Trade active" notification sent on Dec 10.