Get started

Golem

My $1k to $100k Challenge: Day 44 - Trade #47 GNTHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. After 44 days and 44 completed trades: Wins: 20 Loss: 25 Balance: 0.1541 B USD: $ 1034 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 44 trade #46 I invested 0.072 B into GNT. I bought 3171 @ 2270 satoshi My Sell targets are: T1: 2384 5% T2: 2498 10% T3: 2611 15% I will sell 33% at each target. After a target is hit, that will become my new SL. SL: 2100 In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
GLong
by redking75
3
GNTBTCFalling wedge reversal pattern of technical analysis, which manifests itself in a descending wave-like motion, the amplitude of which decreases. A falling wedge is formed at the points of tangency to two straight lines that form an angle looking right downwards. The imaginary angle is the descending wedge. It is important to answer that to each straight the price should touch at least twice. Exit from the falling wedge will help to test the resistance level on fibbonachi 78.6 All moving averages for long periods on sale MACD ready to start rising
GLong
by Avalontrading
A trading opportunity to buy in GNTUSDTechnical analysis: . GOLEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.27 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.27) Ending of entry zone (0.18) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.36 TP2= @ 0.40 TP3= @ 0.50 TP4= @ 0.58 TP5= @ 0.65 TP6= @ 0.76 TP7= @ 0.90 TP8= @ 1.38 TP9= Free
GLong
by ForecastCity
A trading opportunity to buy in GNTUSDTechnical analysis: . GOLEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.27 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.27) Ending of entry zone (0.18) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.36 TP2= @ 0.40 TP3= @ 0.50 TP4= @ 0.58 TP5= @ 0.65 TP6= @ 0.76 TP7= @ 0.90 TP8= @ 1.38 TP9= Free
GLong
by ForecastCity
3
GOLEM-BTC - FALLING WEDGE REVERSAL!!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 see the chart, everything is marked on it. The profit taking targets can be next Fibonacci levels. (The EMAs still need more time to develop though since it is a lagging indicator). Developing MACD: Volume: (I can post the chart with in depth analysis using indicators if people need it, but as for now, this should suffice.) P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk. Keep an eye out. Trade safely. Always remember, money not lost is also a profit. Good luck trading.! Peace.
GLong
by johntradingwick
$GNT, Running Smooth… 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 momentum has peaked out and we should be price falling temporarily. A daily close above 5500 activates our trade.
GLong
by UnknownUnicorn2434649