Long
Golem breaks slump with Bitfinex launch
Golem was one of the most-hyped coins of summer 2017, before entering a correction shaving off nearly 100% over the course of six months. Price action recently perked up shortly preceding the launch of trading on Bitfinex, 27 December 2017.
POLONIEX:GNTBTC has broken through the 1D kumo representing the six-month downtrend, consolidating bullishly above the kijun and prior fractal resistance. A move up from here would break through the resistance created by the 23% fibonacci retracement, with next targets at the 38% retracement (0.00014621 sat, 49% gain).
POLONIEX:GNTBTC has broken through the 1D kumo representing the six-month downtrend, consolidating bullishly above the kijun and prior fractal resistance. A move up from here would break through the resistance created by the 23% fibonacci retracement, with next targets at the 38% retracement (0.00014621 sat, 49% gain).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.