This decentralized supercomputer
Golem (GLM) is looking to flip resistance into support. Looking like they can't wait one more second to take off.
Chance it is going to move over the weekend or by early next week!
🔘 5% of Portfolio
Potential RLZ range:
🔘 L: 612
🔘 H: 829
🔘 ~ 551
Potential reversal zone (PRZ):
🔘 L: 5764
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.
Target 1 1,216 sats
Target 2 1,523 sats
Keep your stop loss in place.
This is not financial advice.
* My PRECIOUS!!!!!! Golem has an awesome use case. Computing power, shared. Rent your CPU/GPUs, get paid in cryptocurrency.
* It's trying to break the triangle.
* Bullish StochRSI cross.
* Bullish MACD.
* Price is above 200 EMA.
* 50-200 and 100-200 EMA bullish crosses.
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...
It appears as though an inverse head and shoulders have formed on Golem here against the Bitcoin pairing. The Golem team have successfully completed the move to their own side chain, they also changed their ticker from GNT to GLM, which is why there is no forecasts on Tradingview. Progress is being made from within Golem and I like putting my efforts (and bitcoin)...