Possible wave 3 coming in for NLG, a Dutch payment coin. Major shitcoin but eh, everything is pumping.
Weird thing is that this coin bottomed in mid March (huge relative volume!), opposed to ALL OTHER ALTS bottoming at New Years eve.
If this is indeed was the bottom, then we are at the beginning of a MAJOR SHIFT in the trend.
NLG (the dutch BTC) is a coin with a large history and a very active developers team.
From a TA persective it is also looking quite good. It broke out of the falling wedge a few weeks ago, and is now braking a smaller symmetrical triangle to the upside.
DYOR, but a few bucks can make you big gains, the target of the falling wedge is x20 from the current prices.
Even a small bag at these levels will go far. Hidden GEM in the crypto world. Check out their mobile wallet :) Would like to take profit inside the tan rectangle. Time frame towards the end of 2021. GL
Watching $NLG action since early 2019. Gulden had a pretty heavy downwards spiral since 2018, as many other projects, and went as low as 61 sats. It had a nice run up to 268 sats in Januar this year, but couldn't find enough bullpower to go test it's old support levels of 355 sats. With the declining price of bitcoin, NLG is holding well so far in it's sats value....
NLG is a beautiful project that I follow closely. The price has also shown some bullish action lately, the project deserves this.
Now it retraces slightly below the golden fib level. Let's see if NLG can get more upside price action.
As is the case with many other alts, Gulden (NLG) suffered hard from BTC's bullrun.
Now has the time come for Gulden to shine once again.
Looking at the 1 year chart and the MACD, MA-cross and the RSI, we notice that Gulden is almost on it's way to the 300-600 sats region. Buy at these low sats as we are heading towards the first resistances at 350 and 500 sat....
NLG broke bullisch out if its wedge, as I mentioned in my last NLG post. The target of this falling wegde is 600 SAT, which is very good news, but quite unreal for some who have seen a downtrend for the pas 2 years. Now the bulls must show some strength and push NLG there!
It is also holding the 20 Day Moving Average as support, the last time it dit...
Hello dear followers,
First of all I would like to say that Gulden is a great project from the Netherlands, it has a real use case, you can pay with them at numerous online shops and at the markets. The development team is very active and they are constantly looking for ways to make the chain stronger and the coin more user-friendly. However, this positive...
Blue lines are monthly support levels back from 2014.
Red lines psychologic support levels.
Grey resistance orderblocks/targets.
Green support orderblocks/targets.
Holding black major support trendline.
Breaking dotted smaller falling wedges.
Seen a big spike on Bittrex 2 days ago. Maybe for manipultation or buy-in for trendreversal. Not sure.
Still in a...
Coming days will be important, last block of days we see a change in pricemovement. First upside breakout, another falling wedge with retest of former resitance line.
Price still going towards former apex around 150 Sat. With current BTC price about the same levels as former low in EUR (12,2 cent). Bullish divergence still in play..
Lets see which way we go..
NLGBTC is met weinig volume zwak uitgebroken en een link push omhoog is uitgebleven. Toch is de NLG van 192 SAT naar 243 SAT gegaan, een percentage van ruim 25%.
Er was een kleine rising wedge die naar beneden is uitgebroken wat de kans vergroot op het restest van de trendlijn als support en/of een test van de voorgaande bodem op 192 SAT.
Disclaimer: Dit is...