Gaussian channel turning, this can be seen on many alt coins, an explosion may be around the corner, included possible pathing for golemusd however this is just a guess, (isn't that what TA is anyway?) xD I do expect once the Gaussian channel turns or just before it turns to see some large bullish momentum for many alt coins.
IMO this gonna be more down... I really doubt if it will go up I say so because MANA, BTC, BAT and more cryptos (altcoins) go up a bit but GO UP, meanwhile golem is doing short movements to the downside.
There's two options imo, first one...in red, golem continue the downside move, keep doing similar movements than before. Or green one, go up, break and preparing the big upside move.
Even red one happens... go up, long term.
If the weekly candle closure above 0.04 we have a good sign of buy pressure. IF the price breaks this zones we can buy again in 0.02 cents. This is a good proyect, sincerly i love it but we need a good fundamental to break 0.18 cents.
Target for 2 - 5 Years
GNT is looking like a good long position right now after a 95% fall from the ATH. Currently we have bullish divergence between RSI and price with support on the 21-day moving average whilst the Bollinger band is squeezing / constricting, which tells us a big move is incoming.
Finally the 3-day chart below is indicating support on the 50-day moving average with a...