This is a long term investment (buy at dips, only accumulate, rare selling at big tops, HODL) strategy. Weekly zoom out on the logarithmic chart. Big picture XABCD Butterfly pattern in play. Looking beyond the fluctuative noise of the day to day, we have an expansionary fractal that could repeat the growth dynamics of the prior bull market which saw, from top to bottom, nearly 500x gains from August 2016 to January 2018. Thus, the time frame in play for this analysis is until the end of 2024 due to logarithmic expansion of the price history/future. As you can see: if the harmonics are right, we are looking at another jaw dropping bull market in store for the Dutch Bitcoin with possible 300x appreciation at the final wave top of this pattern analysis from present price levels. This coin's max supply is much too low for it still be in the single digit cents category within crypto, (especially with all of the tip-of-the-spear developments related to Gulden's custom POW2 protocol and it's original rendition of the upgraded Argon2d algorithm that allows for super-efficient CPU mining). Much has transpired with Gulden over the past 3 years' bear market. While many other small cap alts saw similar declines as Gulden during the crypto winter, probably none of them bolstered their respective blockchains to the extent that Gulden did. See my prior post "NLG awakens from bearish hibernation. Last stop: Valhalla" for more fundamental analysis.
As support consolidates at the bottom of this logarithmic channel, expect to see new trading ranges emerge relatively rapidly; trading ranges that will reclaim former resistance areas as support zones in a fraction of the time it took for those resistance zones to be established in the bear market. Exciting times could very well be in store for this notoriously overlooked, but nevertheless well-positioned veteran coin...perhaps even Top 40 and beyond exciting. Very few other coins have the kind of price history against USD that Gulden does. See for yourself on tradingview. Patience+prudence+persistence=profit. Don't risk capital you can't afford to lose. But also know that the nature of capital is changing as we can all see happening in this season of "resets."
As support consolidates at the bottom of this logarithmic channel, expect to see new trading ranges emerge relatively rapidly; trading ranges that will reclaim former resistance areas as support zones in a fraction of the time it took for those resistance zones to be established in the bear market. Exciting times could very well be in store for this notoriously overlooked, but nevertheless well-positioned veteran coin...perhaps even Top 40 and beyond exciting. Very few other coins have the kind of price history against USD that Gulden does. See for yourself on tradingview. Patience+prudence+persistence=profit. Don't risk capital you can't afford to lose. But also know that the nature of capital is changing as we can all see happening in this season of "resets."