Same as AGIBTC, MANABTC and other same altcoins, GNTBTC is showing signs of breakout. If it maintains price higher than downtrend line, then I expect further upward movement. Cross on MACD and ADX DI.
Good luck !
GNT/ BTC MAPPED
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Golem is currently stuck in a clear downtrend
Will these downtrend break upon the fourth test of the resistance line?
A VERY ugly wick recently formed, first thought that came to my mind was 'coin killer'
I am looking at Golem right now, GNTBTC, and we can see really high volume.
Yesterday's volume bar is as big as the one printed on the 15-Feb. when a peak was hit.
Prices also moved and close above EMA10/50/100 and MA200... Which tells us that the bulls are now in control.
Chances are GNTBTC will now resume its move up.
Conditions for change
If prices for...
Target listed on chart, aiming for MA on weekly chart, flipping potential however i am long. Ascending scallop turned accumulation phase, this will likely lead to an upward breakout and continuation of the trend. Large reward little risk trade.
ETC has formed a descending broadening wedge, this is a bullish pattern. There is a large price range for bullish movement outside of the wedge. Also included early phases of ETC and compared to GNT (golem), shows clear degeneracy, with a sharp reversal point. Big money to be made.