Golem is at a crucial support. If it breaks that next pitch fork support , as shown, i expect a magnet to the medial line for further downside. We could, but I highly double, briefly test that upper pitch fork resistance.
Marc
It's doing a complex B wave, a flat pattern for B wave, next move C wave? We'll see. Another possibility is one more drop to the last low, even if go down and reach the last low... expect a upside move. Either of those, upside(long).
Upside, a consolidation to go up. There's the bar pattern I copied from XAUUSD (colour pink or similar... don't recognize it well). So I expect a similar behaviour on GNTUSD, a pullback before go more up.
GOLEM is consolidating within the range of the ascending triangle borders.
We can talk about the accumulation phase. It's a very attractive option for the long-term.
The forecast above shows how price action may be possibly moving in the short-to-medium term.
It may not be 100% accurate in terms of where the price or time falls but certainly gives an outlook as to where the market is headed.
All I can say is sometimes in life you must be patient and JUST BELIEVE after you put all strategies in place. We play this market like strategists never thought. While the FOMO is in Bitcoin (which I love but it's bubbled up) we're putting our money on the right assets such as the #Golemproject. This is where you win the most gains when everybody is shattered in...
The information is clear in the chart above.
It's slow progress but moving in the right direction as expected.
Once volume comes in GNT will move significantly.
Golem is moving to the upside after a long and devastating bear market. The trend reversal can be viewed on the chart above as the moving averages go from an overall down trend (red) into the uptrend (green). This price action indicates with confidence that Golem has completed its bear market and is now in transitioning in the other direction. You may see a few...
The chart above shows the moving averages and trend changes in the price action. While many are skeptical that we may be still in the bearish trend it cannot be denied using these moving average indicators. Most of the time we see small trend reversals pushing price action down for a while and that is totally normal. The momentum is still weighed heavily to the...
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The price action of Golem with the weekly resistance levels shows that we are nearing the first leg upward. Golem/USD sees promising outcomes as the trend is in favor of the bulls after the accumulation stages. Please don't listen to the garbage out there that ALTCOIN markets have ended. We...
This incredible project call #GOLEM has been under the 0,20ctvs. since August 2018..!! reaching the bottom in the 0.05ctvs, with good news for this project araund the corner the price is reaching 0.11ctvs (wich cannot break since November 2018). We are aproaching to prices with a lot of volatility, due the large consolidation the price can reach easily the...
Possible risk reward for a longer term swing looks attractive, but there may well be further consolidation with present uncertainty across the crypto space, but in general things appear bullish.
uptrend visible although bearish candle seems to suggest some consolidation due since the falling wedge seen mid May, possible bull flag in the making?
may well visit 7...
Golem is one of my favorite coins for hodl, its not even alpha! Wait for the news and cost average. Never sell all your coins! or you are gonna regret it. Beautiful Chartism this month. The beak of the resistance is gonna bring us to 0.18 cents for first take profit.
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