GLDBTC
Gold breaking pattern to breakout!Events in the last couple of days, namely the US lame-duck-type of elections outcome have triggered a series of market movements. Gold appears to be breaking its longer term pattern to form the cup handle, and is breaking out of yet another wedge.
This break out appears technically legit as gold failed to make an expected lower low, but bounced strongly off a support instead. The recent price action is supported by MACD and relative strength indicators as a move with legs. The breakout from the falling wedge puts a price target at the previous historical high of 2080 by the end of the year 2020.
All these appear supported by a further falling of the USD as well.
DNGDFI think gold is selling off for no real good FA with coronavirus escalating and the markets r clearly spoked one would expect silver / gold to perform well. So my theory is that the sell off in gold should be seen as an opportunity and this co has a 3.87% div plus FA is very good, low debt, quality junior miner
GOLD down to $1,250 then uptrend!The price of Gold has been riding the orbit of my green fib circle upward until making contact with the light blue fib circle which is acting as resistance.
If we follow this trend we will have a short term sharp downward move before riding the green orbit back upwards!
Goldcoin launch new ticker GLC tomorrowThis is the chart showing Goldcoin the night before the ticker change from GLD to GLC. Years in the making!
If you have 1 BTC you will get 1 GLC.
Here is the link to the reverse hard fork and goldcoin whitepaper . www.goldcoin.org
Chart shows Goldcoin (current GLD) since the announcement in December.
I believe that what we see over the past 8 days is some direct selling (IMO) in advance, and discounting offline since there is no semblance of an OTC desk - rather insignificant volume has moved, what looks like only 5% volume down, as everyonee seem to be holders and waiting this out .
Although the price is down 20-30% since early March, it is NORMAL since there have been two full months of NO price movement.
Telegram group community supporters suggest the price will skyrocket to $1-100 dollars up from 6-7 cents where it is now. In early december, it was 2 cents. So this would require a 50X minimum increase.
DYOR, all investments are risky.
Goldcoin reverse hard fork is supposedly taking place in June 2019 where Bitcoin holders will receive Goldcoin.
Tomorrow is the day for the launch of the new ticker GLC.
#2013theeory
GLDBTC : Deja-Vu For GoldCoin If history repeats itself, then it is imminent that GLDBTC touching its recent High at 0.000035 BTC around January 2019 as analyzed in the chart. RSI values also stand as a confirmation for the above projected movement.
Nevertheless there is a lot potential for the price to decline by almost 10x to 0.0000035 following the touch at 0.000035 BTC if price conforms to its historical pattern.
GoldCoin - Pre "Reverse Hard Fork"Isn't this so pretty? I chose the 6 Day because it's the prettiest!
(Unlike most alts I've watched rise, I saw no selling aside from the normal here and there. Looks like 8 Million bought up in 2 Days and most of it seemed to be authentic buying)
GOLDCOIN IS NOT BITCOIN, NOT BITCOIN GOLD, NOT GOLD -
GoldCoin is one of the oldest cryptocurrencies in the market since its launch in May 2013.
December 4 2018, the GoldCoin (GLD) Team announced that it would "Reverse Hard Fork" the Bitcoin blockchain and merge its current users onto the newly created Bitcoin chain.
On the announcement, the price rose from 400 sat to 1200
DYOR
GoldCoin (GLDBTC) +80% + Targets (BULL MODE ON!)GLDBTC Is moving up strong with good volume. Highest volume since August.
We do not have an open trade for GoldCoin but you might be holding and looking for targets to sell.
On the chart above, you can see the different resistance levels, you can use those to sell for profits.
After each target is hit, you can expect a retrace.
Namaste.
GLD easy x2Buy in: 1750 - 1900 satoshis
Stop loss: 1300 satoshis
Targets:
(1) 2100
(2) 2800
(3) 3400
(4) 5000+
[GLD/BTC] - Bullish BreakoutGLD is looking good for a bull run. It formed a kinda pennant/ascending triangle pattern and is breaking out into the 1D cloud. Our target can be determined using the top of the cloud and the retracement from the previous ATH for around 4k.
A closer look on the ascending triangle also reveals a nice double bottom / W pattern which supports this breakout even further.
Goldcoin trading opportunity Goldcoin is giving signals of a decent run! Keep an eye on breaking the wedges! Entry on break-out advised! Or on a pullback, and wait for stable entry! We are far from the bottom! GLD is especially looking bullish on weekly! Which is a very good sign!
GoldCoin (GLD) - Buy Signal (450%+ Earnings Potential)GoldCoin (GLD)
I was told to look at this coin by a friend who has been holding for long, he saw the breakout and needed sell targets. After analyzing the coin, I see that it meets our expectations. Bottomed out, breakout confirmed, and basically the only way to go it has, is UP!
So.... LET'S TRADE!
Buy in: 1000 - 1400 satoshis
Stop loss: 687 satoshis
Targets:
(1) 1680
(2) 2040
(3) 2500 - 2700 (range)
(4) 3650 - 3900
(5) 4490
Analysis:
- All the indicators are pointing UP, as you can see from the graph. This is a daily chart, each candle represent 1 day (24 hours).
- Good upward movement is expected in the coming days.
- The weekly chart looks really good, this week is positive and we will have another positive week, next week, for sure (according to the charts).
Encouragement:
How many opportunities have you seen, in the last days alone?
Have they been many? Well, there is much more to come.
Life is full of opportunities, not in cryptos only, but all around us.
So if you miss this one, another one will come.
Namaste!
Trade active @ 1144.
GLD/BTC big targets GLD/BTC looks on amazing setup on daily chart with set profits on 70% ..stop loss 1199
GOLD/BITCOIN ~ I'M BUYGLDBTC BUY
Hello, everyone!
I'm a private forex, gold and crypto trader and this idea is about what I trust see in few days, weeks or one month...
Here I have special points for trading. Check, use and earn with me. (y)
Trading idea and analyse from trader Nika Lekishvili
www.tradingview.com ~ My Channel
GL !