In June we are going alpha with the golem protocol, Buying in my yellow box for massive acumulation before we are late. First target for cautious investors. im selling in 1$ and beyond
As GNT continues to consolidate above the $.08 support region It does appear to be coiling for a breakout higher. If GNT manages to breakout through the counter trend-line resistance I believe we should see a continuation higher. A break of the $.11 pivot level should lead to the $.13 and $.16 resistance regions over the upcoming weeks.
20-day SMA crossing 200-day SMA around April 13th and the 50-day SMA crossing it around the 23rd. Both very bullish signals. With a break upwards we can see resistance at the $0.12 level, and breaking above that the next resistance is $0.18. If it breaks down, we have strong support at the $0.07 level.
I believe we will see the $0.12 resistance level tested when...
The best looking Alt chart right now imo. After breaking out of the accumulation phase, GNT retested and found support at the $.075 level.
The upside spikes look like GNT wants to surge higher in the near future as large orders are getting filled.
A break of the $.095 resistance will lead to a continuation to the $.105 resistance and possibly the $.125 next....
As i saw the Community liking my XRP Chart, i wanted to give everyone another very lovely scenario in the Crypto Economy.
This is another Cryptocurrency that has broken loose of the chains of bitcoin's bear market as well as XRP wich i forgot to mention in my last post.
Golem , better known as GNT, has been sitting on its bottoms for quite a while in the BUY-IN...
Golem held the weekly support level at $0.055, forming a potential double bottom. If GNT can see some buying and a break of the $0.08 neckline/resistance level, I believe further upside may follow. If that is the case I will target the $0.09 and $0.10 levels, which align with the 0.27 and 0.618 fib extensions.
As of now we are where it could be the end of the ''correction of crypto markets'' since January 2018, I think this is what could be happening next.
First of all, we have to open the possibility of having a bull run, something that is claimed to could happen, so, the support and resistance line drawn in the 012$ will be my first position (weekly closure candle...
This is a mad mans pondering below. Read with caution and equip yourself with a bunch of gains of salt and a anti-brain washing attitude... Also insert the words "in my opinion" in the text where ever you think I'm going off in a slippery slope.
NOTE THAT THIS IS A NEUTRAL IDEA!
Okay...
I'm just putting it out there.
GNT has a (dangerously) unclear short term...
Greetings from Benice team!
The coin has completely turned into dust, that is the word. There are no prospects in such stories, because the industry is changing, and can never assess how much the team is keeping up with these changes. Moreover, the cost of the token is lingering at a very low level. The only thing we see is that the chart from time to time hints...
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