Slowly reaching higher sats range as answer to my question in my earlier post. All indicators showing an rising trend. RSI, MACD & MA-cross are indicator for a further rise of the coins sat value.
200 sats first resistance to test
240 sats second layer of resistance
If breach through this, possibility of reaching 400-500 sats in midterm.
Watching $NLG action since early 2019. Gulden had a pretty heavy downwards spiral since 2018, as many other projects, and went as low as 61 sats. It had a nice run up to 268 sats in Januar this year, but couldn't find enough bullpower to go test it's old support levels of 355 sats. With the declining price of bitcoin, NLG is holding well so far in it's sats value....
NLG is a beautiful project that I follow closely. The price has also shown some bullish action lately, the project deserves this.
Now it retraces slightly below the golden fib level. Let's see if NLG can get more upside price action.
For quite sometimes now, NLG has been ranging between 122 and 66. It has not been able to break the middle of the range while at the same time the oscillator is oversold. All this increases the probabilty of a fall to 66.
From my analyses, it's after the retest of the all time low that the future will looks bright for NLG.
You already know the first target...
NLG has been ranging for more than 40 days now, testing its all time low price three times.
This augurs a very bright future for this currency. (buy and hold strategy).
For the short term, trade the fib levels
Red lines = resistance (which used to be support)
White lines = new upper resistance trendline
Yellow lines = newly found support levels after not being able to break the white lines
If history would repeat itself, then I expect the final drop to happen towards 30 satoshis. I have zero reasons to assume going lower than 30 satoshis. If the...
Exciting times ahead at Gulden.
See the pointing fingers to look at the reaction I expect when sellpressure keeps getting less and less as is the case as of now.
Make up your own decisions, this is my point of view and I'm still long on this.
As is the case with many other alts, Gulden (NLG) suffered hard from BTC's bullrun.
Now has the time come for Gulden to shine once again.
Looking at the 1 year chart and the MACD, MA-cross and the RSI, we notice that Gulden is almost on it's way to the 300-600 sats region. Buy at these low sats as we are heading towards the first resistances at 350 and 500 sat....
NLG broke bullisch out if its wedge, as I mentioned in my last NLG post. The target of this falling wegde is 600 SAT, which is very good news, but quite unreal for some who have seen a downtrend for the pas 2 years. Now the bulls must show some strength and push NLG there!
It is also holding the 20 Day Moving Average as support, the last time it dit...
Hello dear followers,
First of all I would like to say that Gulden is a great project from the Netherlands, it has a real use case, you can pay with them at numerous online shops and at the markets. The development team is very active and they are constantly looking for ways to make the chain stronger and the coin more user-friendly. However, this positive...
Blue lines are monthly support levels back from 2014.
Red lines psychologic support levels.
Grey resistance orderblocks/targets.
Green support orderblocks/targets.
Holding black major support trendline.
Breaking dotted smaller falling wedges.
Seen a big spike on Bittrex 2 days ago. Maybe for manipultation or buy-in for trendreversal. Not sure.
Still in a...
Coming days will be important, last block of days we see a change in pricemovement. First upside breakout, another falling wedge with retest of former resitance line.
Price still going towards former apex around 150 Sat. With current BTC price about the same levels as former low in EUR (12,2 cent). Bullish divergence still in play..
Lets see which way we go..
NLGBTC is met weinig volume zwak uitgebroken en een link push omhoog is uitgebleven. Toch is de NLG van 192 SAT naar 243 SAT gegaan, een percentage van ruim 25%.
Er was een kleine rising wedge die naar beneden is uitgebroken wat de kans vergroot op het restest van de trendlijn als support en/of een test van de voorgaande bodem op 192 SAT.
Disclaimer: Dit is...