The left side of the cup is formed by that huge wick so it's not pretty, but considering the volume also fits well with a Cup & Handle pattern I'm gonna say it counts. Looks like a handle is forming, and there's also a Bullish Divergence that suggests it's heading in that direction. Watch for a breakout at the neckline! What a month so far for crypto...I don't...
so bitcoin did its thing and now the alts are getting back to the upward trends, some more then others. will keep you posted.
what do you think ? leave a comment. golem is very profitable in this month
Double top shaping up for Golem. Going short.
Gnt formed cup and handle chart Target 11000
Broke resistance on a high volume and looks like it's just a beginning
Golem is one of the most promising projects in crypto right now - so I'm bullish regardless of TA. It looks like it's forming a pretty textbook Cup & Handle. We also have a nice big Bullish Hidden Divergence. The Ichimoku Cloud is positioned pretty nicely to curve the handle up right around where you'd expect too (will post a screenshot). Bitcoin is going...
Eth seems to have broken out of it's consolidation penant to go for new all time highs. Golem is consolidating around previous high (i'm just ignoring the first hours when it was added to Polo as prices were ridiculous). Golem and Rep also follow up Eth on pumps Everything indicates golem can go for a nice pump, we'll see. Got in at 4700 before it went up to...