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Bounce at the ascending channel's resistance so it will head towards the downside towards the channel's support and then rise again.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken...
Golem (GNTBTC) is now showing a very uncommon pattern marked with a light blue rectangle.
We have 6 consecutive green candles all moving straight up.
I am calling this "bullish consolidation" which can lead to a massive jump.
The RSI is above 50, we know what this means... Strong.
GNTBTC is also trading above all of our EMAs, removing all resistance on the...
On M30 chart we have a golden cross of SMA 100 and SMA 200. It's a good signal to go long with this pair.
Buy GNTBTC at 0.00000946, take first profit at 0.00001150 and then set SL to B/E, let it run to 1300.
Currently, the indicators are doing very well.
The RSI is oversold and the buy signal is clear.
MACD is at the bottom and MA12 & 26 are having a crossover.
I see bullish signs in progress and no signs of bulls
GNT is entering a strong momentum in the 4-hour time frame.
If the price breaks the 1k1sts hidden resistance zone it will go up and retest the old high.
-Golem is respecting the 50ma on 12H period plus the trendline support
-A strong recovery by the Bulls and retested the resistance area at 1400 sat
-If GTN can't break this resistance line today, we might see a small retracement to trendline support
-4th attempt to might be the last chance to go higher
-Otherwise, the Bears will try to regain...
Dr. Trader here! Welcome to my TA of GNTBTC.
This idea is based on the Theory of Geometry in financial markets which I have been exploring and guess what! it's a miracle no one is even talking about.
In this theory every asset behaves in a certain geometrical pattern and if you find that you could predict its moves with incredible precision!!
Golem (GNTBTC) has been holding nicely above EMA10 after the 22-Aug. peak.
This is a tough chart to trade of course, but the potential is clear for prices to move straight up.
Conditions for change
If prices move and close below EMA10, we are likely to see a drop that will hit at the least 0.00000839 or EMA50.
This is not a piece of trade advice.
Make sure to...
Time Frame: Daily, 4Hour, and Hourly
Welcome back! Day 74 of the 100 Days of TA is here! Today's spotlight is on GOLEM (GNTBTC). I talked about the next direction of GOLEM and the whys. I showed some high probability setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or...
GNTBTC - Looking for new entry after taking profit on the first break out of consolidation. I'm still very bullish on this one long term.
Waiting for a BCR of the flag & resistance. Trading on the daily but watching on the 4hour for bullish momentum.
I'm bullish on this long term because of the project as well as the total and circulating supply.
Golem (GNTBTC) is moving and very likely to go up one (1) level on the next move...
We are going to see a higher high compared to Feb. 2020 when the last peak was hit.
We are strongly bullish on this pair.
Any trading above 0.00000448 and the bullish bias remains.
Conditions for change
If prices close weekly below 0.00000448, we remain bullish long-term...
Good long term opportunity.
Been in consolidation for a few months, creating a W formation within the channel. Completion of this pattern is happening now.
Last night we poked above my area of interest at around 772 and I’m now looking for a solid bodied candle close above this area and then a retest on the daily which is where I will take an entry....
GNT has been accumulating for a long time
1 - 0.00001050
2 - 0.00001426
3 - 0.00001966
4 - 0.00002500
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Waiting for your comment, what do you think about this?
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 !
Current price ~ 666
On the weekly timeframe,
GNTBTC continues to paint higher lows and higher highs.
Buying volume is obviously larger than the selling volume for a while...
However, BTC looks like to make a move soon, our Alts position should be small.
This is my personal opinion, do you think like me? 😄