ELLIOTT WAVE TECHNICAL ANALYSIS: At a weekly interval, including larger cycles, it is difficult to distinguish pulse waves. Therefore, the current counter is based on wave increases (A), with a high at 29629 and a complex wave correction in the wave (B), with a low at 1604. Starting from this low, five impulse growth waves with a high at the level of 9,000 can...
Golem is a global, open source, decentralized supercomputer that anyone can access. It is made up of the combined power of users’ machines, from PCs to entire data centers. Golem is capable of computing a wide variety of tasks, from CGI rendering, through machine learning to scientific computing. Golem’s limitations are only defined by software developers’...
As Markest is in correction mode, I am not providing any LONG ideas right now. But there are some coins which are interesting and sharing them here. Probably there will not be any action on these coins until BTC settles down. With that said, GNT seems interesting and may move up from here for short to medium term. Thank you.
I'm expecting Golem to continue moving up in price. Profit targets are 10k and 13k. Bear market looks like it's over and GNT has been accumulated for some time. Price has moved up fast and is now catching a break, forming a descending triangle. A descending triangle has a bearish bias, however, I think it's going up! The Tom Demark indicator says there is...
GOLEM has broken clearly above the daily cloud and as you can see when zoomed out on the daily can easily be seen to be at the beginning of a new market cycle, buys can be placed above the daily cloud and hold the trade for 600 - 1000% profits
Volume on GNTBTC went up significantly and the chart is showing strong bullish patterns
The Triple Bottom starts with prices moving downward, followed by three sharp lows, all at about the same price level. Volume diminishes at each successive low and nally bursts as the price rises above the highest high, confirming a BULLISH reversal. Beside that, Golem is the Airbnb for GPU and a really interesting and viable project. It can a coin for a long...
GNT has a break-out of symmetrical triangle on 8 H chart against BTC. Bounced from 60-day MA. It has crossed Ichimoku conversion line and base line (after pull-back) and is above the cloud. RSI is at 60 levels approx. – bulls look to control. I am in the trade with 0.5 BTC at 7160 satoshi. Target is just below 10870 satoshi which is an old resistance and which is...
There seems to be a bullish signal for golem that is going upwards although the trend is not that strong yet. We also need to look out for a possible double top. Buyin: 72xx-73xx sats Target: 9000 sats Will update when needed.
These next few days will be your last chance to score Golem under $1, we are looking for a sustained spike into $1.15, a slight pullback and beautiful potential swing to $1.35. After this occurs it will be extremely hard to get Golem under a dollar. This will be the short term play but for those truly wanting to plant their flag into a cryptocurrency this would be...
As you can see in this chart, per Poloniex price, GNT is almost complete the Elliot triangle pattern ABCDE and this morning it broke the resistance line. I believe it will start wave 3 out of 5. If this happens, wave 3 will goes to 120 satoshis. Just watch and see what is happening.
Golem was one of the most-hyped coins of summer 2017, before entering a correction shaving off nearly 100% over the course of six months. Price action recently perked up shortly preceding the launch of trading on Bitfinex, 27 December 2017. GNTBTC has broken through the 1D kumo representing the six-month downtrend, consolidating bullishly above the kijun and...
Theres still time to get a great long entry in $GNTBTC , compared to other alts that have already had their "moon". Daily chart here shows recent kumo breakout, is now consolidating. Entering now, setting aside capital for other possible entries on bullish break and retest. First target of .0011 sats resistance area, alligns w/ 1.272 fib level.
Targets and stop loss (the red line) are on the chart.
Early entry - red. Good entry - blue. Perfect entry - orange. Mid term targets are 7500, 10000 and 14000 sats.
Possible long term entry for Golem GNT. Wait for a breakout out of the wedge with significant volume to buy in.
Breakout Imminent. Good resistance at 0.618 fib.