Hi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with BTC pair.
Previously we had a nice trade of GLM:
Now on a 4-hr time frame, GLM is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Got news for you: GOLEM NETWORK's not the only token trending in a RW pattern. There are many others. Upper shadows are long and deep above microtrend resistance, volume is relatively low on the upthrusts. Blood is in the forecast, but perhaps not before another bull trap rally. Don't get fooled by the FOMO. Stay safe!
Be sure to subscribe for more clean,...
September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Golem GLM has a negative overall...
- On the weekly chart we can see an ascending triangle - the most bullish pattern!
- Great opportunity to 24x your capital in upcoming weeks/months.
- If we take a look at the volume indicator - bullish volume is definitely higher, which is great.
- The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge...
Hi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with BTC pair.
Previously we had a nice short-term trade of GLM:
Now on a monthly time frame, GLM has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get...
Hi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with BTC pair.
On a 4-hr time frame GLM has formed bullish Gartley pattern.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
First of all like DCR & ATOM, GLM didn't have a huge move to the upside in the previous alt season and is consolidating really hard in BTC terms. Like ATOM its chart has been a huge sideways move. GLMUSDT is looking great because it retested its old key resistance zone and bounced very nicely. The current rally is looking very healthy and actually stronger than...
Hi dear friends, hope you are well and welcome to the new update on Golem (GLM) token.
On a 2-day time period chart, the GLM has formed a bullish BAT.
Buying and sell targets:
Buy between: 0.00000779 to 0.00000743 btc
Sell between: 0.00000864 to 0.00000992 btc
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is 0.00000743...
The Golem Network fosters a global group of creators building ambitious software solutions that will shape the technological landscape of future generations by accessing computing resources across the platform.
Currently the 700sts zone has not been broken and the 700sts zone is still the area that has continuously generated the rally of GLM since March so we can continue to believe it until it is broken. If it is not broken, then GLM will rise back to the 900sts and 1100sts zones in late June and absolutely can increase stronger and create a new ATH
📈BUY
🔴Buy :...
Forming right shoulder of the IH&S pattern. Above neckline (red line) at $.6226 (lowest risk entry) has an implied move of $.168 and PT of $.791. Support zones are the green lines. A drop below the left shoulder support would invalidate this pattern and where your stop loss should be (a few cents under)
I started buying GNT one year ago, when it was at $ 0,033.
On Nov. 2020 it started from 0,072 and, as most of altcoins, in February it made a local High at 0,799, more than 10x in three months!
Since then it has been accumulating in ascending triangles, on the way to fill the gap with the last High.
Next target to consider:
1. $ 0,8
2. $ 1
3. S 1,2
4. $ 1,5 could...
Golem looks really good on the Daily time frame to enter a Long position according to our trading system and our set of indicators. Let's go through them and explain what information they are providing us with that makes us have such certainty
1) The indicator applied o the chart is a Bollinger Band at a 20 period for mere visual reference
2) ZRange indicator...
Top chart pattern that keeps knocking the door to open.
This bull flag represents awesome trade setup with great risk and reward in my opinion.
GLM/BTC
Target 1 1,216 sats
Target 2 1,523 sats
Keep your stop loss in place.
This is not financial advice.
Happy trading!
What is Golem Network Token?
Golem (GMT, ex GNT) is an ERC20 token (recently migrated) that can be used to buy or rent computing power, which could be useful considering how much computing power is out there, without being used.
It could greatly benefit society, reduce waste.
There are companies, governments, or individuals that need to run computers to process...
I'm not playing on this as it is too risky in the state of the market, but I'm curious where GLM/BTC is going to go from here. Right now it looks like we are getting to the end of a bull pennant and the candles are getting smaller and smaller. Additionally the BB's are getting really tight and the MACD is flipping bullish. I think it will make another move, but I...
