Hi, today we are going to talk about Golem and its current landscape.
At Golem we observe the breakout of an important Downtrend Line that could boost the Bulls, as a point of Bearish defense we have the level of 61% of Fibonacci Retracement. However, as the Bitcoin (₿) sentiment still in the Fear zone and the price still near to support, we must remain vigilant...
This one all depends on the small element of Bitcoin. So keep your stops tight and risk low until the trend is set.
Volume is returning and RSI divergence has been spotted on the daily which is always a good start.
Keep it on your watchlist.
Golem (GNTBTC) is pushing forward as I write and is now aiming to challenge its next resistance level at 0.00000794 or EMA50.
We can notice the following bullish signals on the chart:
Bullish MACD crossover.
Break above EMA10.
High volume (above average).
Full green candle.
After the resistance is hit, 0.00000786 or up to 0.00000847, we can...
Interesting GNTBTC descending wedge is formed... let see how this is plays out.
Indicators start give an early sign of bullish trend.
invalidated this pattern once it's broke down toward 500 satoshi area..
buy zone ~ 500 sat.
sell target ~ 1500 sat.
There is another similar coin with great growth potential.
It has small capitalization, with greater potential,
Why you better to pay your attention to both of this coins - 1. You can catch the correlation. 2. you can diversify your risks
WATCH MY THOUGHTS ABOUT THAT COIN AND ENTIRE ALTCOIN' MARKET BELOW
Are you ready to ride with the bulls? Great and promising project, It is unique, Can not be effected by libra because Golem is not just money. Golem is in the marketcap since 2016 so the team is also trustworthy. Good for a long term hold. This is just short term analysis. Price can easily reach 1$+ for the longer term.
GNT has a great potential for a hype and It...
After various views regarding the #GNTBTC price action and recent updates on the @Golemproject twitter account, charts look ripe to taking off following a SLIGHT pull back that may occur. This is not Bitcoin guys and GNT moves at a slower pace so one must consider that they won't get a quick return on their money as with large cap coins. Although, for investors...
As many have lived through one of the harshest cryptocurrency bear markets in 2018, they should expect to start seeing the light at the end of the tunnel. For ALTCOINS like Golem (GNT) which are in the prime stages for the next bull run there is no looking back.
As the Graphene developments come into effect in coming weeks, we must expect the patterns as seen in...