Possible Bullish Scenario for Gulden.
In my opinion, this is an excellent potential for growth. You know what to do with this information.
And most importantly!!! Always remember - be careful with your money, weigh your every decision and I hope each of you will get your cool profit!
Hello Guys,
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...
Due some good nows about Gulden it is rising fast. At the moment of writing we are allmost at 10% in green after a gain of 11% yesterday.
A big Dutch news website announced that it will accept Gulden donations next week. This is an enormous boost for the Gulden. More people will hear about it and find out what Gulden is. So my advice, buy Gulden now. We all know...
Gulden is picked up by multiple crypto experts. The inovative Gulden POW2 whitness system is the thing they are talking about. If we look to the technical aspect of the chart we can see there is a wedge created. First we will break this wedge and climb up a little. A small pullback and we will go further up. Also if we look to the pink logarithmic trendline we...
Steady downtrend since May has resulted in a 60% loss against the USD, while the price went from $1.3, down to the recently formed low at $0.05. After hitting the low, NLG/USD went up and broke the downtrend trendline, along with the 50 Moving Average and the descending channel, all at the same time.
However, Gulden has rejected the 23.6% Fibonacci retracement...
I think personaly that Gulden has reached the bottom. So with that in mind now is the time to buy Gulden, NLGUSD or NLGBTC. We reached the downside of the trendline I've drawn. Also we reached the end of a wedge wich is building for a long time now. If we project the grwoth that Gulden made before you can see my prediction in an optimal situation based on support...
After a period of corrections it looks like Gulden is ready for new highs. The traded volumes where allmost flat-out, so it looks like the correction is done. We build energy to make new highs. We reached on the downside an older support/résistance area, so this could be a good turning point
Since januari 1 of 2002 people in The Netherlands had to start paying with the Euro as their main currency. Before that, the Dutch had the Gulden as main currency. Many Dutch inhabitants miss the Gulden because when the Euro was introduced, prices were increasing (Gulden was a much more sturdy currency).
With all this in mind a Dutch company created a...
