Golem (GNT) Bullish Consolidation
Golem (GNTBTC) is now showing a very uncommon pattern marked with a light blue rectangle.
We have 6 consecutive green candles all moving straight up.
I am calling this "bullish consolidation" which can lead to a massive jump.
The RSI is above 50, we know what this means... Strong.
GNTBTC is also trading above all of our EMAs, removing all resistance on the way up.
Support was found at EMA100 which also coincides with the 0.618 Fib. retracement support.
This is looking strongly bullish to me... We will see how it goes.
Namaste.
We have 6 consecutive green candles all moving straight up.
I am calling this "bullish consolidation" which can lead to a massive jump.
The RSI is above 50, we know what this means... Strong.
GNTBTC is also trading above all of our EMAs, removing all resistance on the way up.
Support was found at EMA100 which also coincides with the 0.618 Fib. retracement support.
This is looking strongly bullish to me... We will see how it goes.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.