I just drew this beautiful chart for you... A "chart designer" is what people are calling us now, sounds like a great name... THANK YOU.
In this chart design, you can find the fib. levels for GNTUSDT.
We have the falling wedge to the left and now we have an ascending channel.
We can clearly notice higher highs and higher lows as prices continue to increase.
Golem (GNTBTC) finally completed its retrace and is already moving higher.
We have a beautiful setup here with a perfect falling wedge, a break above EMA50 and MA200, high volume, a MACD bullish cross, and a very strong RSI.
There is no doubt that this pair is moving higher.
Since we have a higher low on a bullish cycle, we can also expect a higher high on the...
Targets are your green levels, red is support. Nice wedge with MACD indicating bullish momentum, RSI also indicating we have a lot of room to run.
Be sure to check out my other TA on xrp & yfi, requests are welcome
Golem has been suffering from market conditions lately as well. It has been moving slowly and is currently breaking down into the key-area of support, the “last hope” for GNT. Should this support break and not hold the price stable or even show a minor reaction, there might be many more downsides for GNT.
Looking at technical indicators, the MKAST...
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...
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...
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....
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? 😄