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Long

GNT long

By Xiamos
Updated
i think the bottom of this interesting and promising project might be in place. Picked some up yesterday and added today. It can easily double from here in USD though it might be a good idea to hedge with BTC long if bitcoin starts to rallye for 6000 after activation of segwit
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I reduced 1/3 today round 8900 on the release news fomo. That it got all sold off that much is a rather bearish sign and the fact that good news often tend to be sold off lately is a bearish sign for the overall crypto market

as for news trades price should actually not come back below the .61 retrace and definitely not undercut the price of when the news was a released, which is the pivotal news line. The chart currently wouldnt invite me to be a buyer
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im watching this tight base for a breakout above 7500 and i would consider adding to my position. GNT showed relative strength when market was pulling back some

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and finally GNT, holding for now. took profits before 8900 and it shows a nice bounce, lets see. so this was an update to all my cryptos basically

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Xiamos
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