First of all I would like to say that Gulden is a great project from the Netherlands, it has a real use case, you can pay with them at numerous online shops and at the markets. The development team is very active and they are constantly looking for ways to make the chain stronger and the coin more user-friendly. However, this positive development cannot be said about the price unfortunately.
I have made a TA on the NLGBTC chart.
I see the possibility for two scenario’s, and I must say the no-one can tell which one will play out until we break the pattern to one side.
The bearisch scenario: Gulden is trading in an , which has broken to the downside and has an extrapolated target of 40 Sats . Is has tested the 400 Sats with a wick and is has now become resistance clearly.
The bullisch scenario: Gulden is trading in a pattern, like many altcoins do at the moment. This is a , but means nothing until we break it to the upside. When we do so, it has a target of 600 Sats . Also the and DI had a cross, but the lines are already coming closer to each other and the momentum is also decreasing.
So this is an exciting time, which scenario will play out?
You can also take a look at my BTC idea and possibly leave a like.