GNT is trying to breakout of the falling wedge. Notice that it is moving slightly under EMA(12). If it is able to break above it then we can expect some upwards movement. Alternatively, if it is unable to breakout of the wedge then it will fall down towards the bottom of the wedge to the next support region from where it will try again to move upwards. Please...
Golem has finished the ABC correction and is ready to form wave 3 which has huge profit potential
Golem is going through a channel. RSI seems to be into an ascending wedge so it suggest that price could rise up. Profit target: - 6110 Sats - 7000 Sats - 8600 Sats
If this plays out, which appears to be likely we are going to see GNT consolidate before shooting up to the .618 extension levels around .41. I'm looking at a re-trace due to the oversold RSI levels and a bounce off of the .5 fib re-tracement levels. *Fingers Crossed Kappa*
Weekly Looking at our trend timeframe we see price forming higher highs and higher lows. GNT has recently bounced off our 5000 support zone, stochastic rsi showing momentum heading down, however price showing otherwise. Daily Shifting over to our pattern timeframe we see price currently being rejected by our resistance at 5500. Stochastic RSI showing...
Important levels for $gnt . also, pay attention to this low RSI . let me know what do you think about it. Thanks.
Golem has established an uptrend against Bitcoin (higher lows, higher highs) and is forming a hidden bullish divergence which is a strong signal that the trend will continue upwards. S1 and S2 are strong support levels if this level doesn't hold.
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of June 2018 . Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 20.90% PROFIT!!! The increase in price may also be explained by positive developments including: April...
Golem is in correction wave 2 right now and has almost finished the ABC correction. Next wave will be wave 3 with huge profit potential.
Golem has established a strong resistance at 8888 satoshi, that has been rejected 3 consecutive times. First in January, second on the 4th of May, and third just recently, on the 31st of May. At the same time GNT/BTC formed the support level at 6k satoshis, previously rejected on the 23rd of May and confirmed by the 38.2% Fibonacci retracement level. The support...
Looking at the daily time frame a cup and handle formation is forming. (This is not financial advice, this is a volatile market where anything can happen)
GOLEM/BITCOIN New trading suggestion: *The price is in a range bound and we forecast the uptrend would continue. *There is still a possibility of temporary retracement to suggested support line(0.000062). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to...
Great potential. Everything is lining up. Follow me. Future professional trader in the making!!
Golem is setting up beautifully for its next run. This one has been outperforming the rest of the market fast just like EOS and ZRX. I am big on Golem from a fundamental aspect and I like this thing to make another run of a mini wave 5 setup back to $1.00. Again all dependent on Bitcoin not falling from here.
if this scenario can be completed you can see that target easely.
Up 40% on my initial entry from 5/28 and first target reached at the 161.80% fib extension. However the current pennant pattern could provide for an additional entry with further room to the upside depending on which direction this pattern breaks.