GOLEM-BTC - FALLING WEDGE REVERSAL!!GNT is trying to breakout of the falling wedge. Notice that it is moving slightly under EMA(12). If it is able to break above it then we can expect some upwards movement.
Alternatively, if it is unable to breakout of the wedge then it will fall down towards the bottom of the wedge to the next support region from where it will try again to move upwards.
Please see the chart, everything is marked on it. The profit taking targets can be next Fibonacci levels.
(The EMAs still need more time to develop though since it is a lagging indicator).
Developing MACD:
Volume:
(I can post the chart with in depth analysis using indicators if people need it, but as for now, this should suffice.)
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
GNT
GOLEM: Profit PotentialGolem has finished the ABC correction and is ready to form wave 3 which has huge profit potential
GNT upward sloping BULLISH 3 drives patternLooks like a bullish 3 drives pattern. It does have an upward
slant but the 1,2,3 sides are on the bottom and the sharpeare
to the left. If this is the pattern we have a target at 23k sats
which is the all time high for GNT on 4/11/18. I am hoping
this is the case cause this downward movement has been
significant.
GNT Cup and HandleIf this plays out, which appears to be likely we are going to see GNT consolidate before shooting up to the .618 extension levels around .41.
I'm looking at a re-trace due to the oversold RSI levels and a bounce off of the .5 fib re-tracement levels.
*Fingers Crossed Kappa*
GNT - downward wedge breakout, target 7300-ish satsSee a beautiful impulsive pattern play out on GNT. I think the bottom is in (for now). Target around 7300 sats or more...will depend on how bitcoin plays out in the near term.
$GNT (Golem) LevelsImportant levels for $gnt .
also, pay attention to this low RSI .
let me know what do you think about it.
Thanks.
GNTBTC: Buy Opportunity - Strong Trend & Hidden Bull DivGolem has established an uptrend against Bitcoin (higher lows, higher highs) and is forming a hidden bullish divergence which is a strong signal that the trend will continue upwards. S1 and S2 are strong support levels if this level doesn't hold.
GNT/USD a little bit down and then spike?!GNT having problems, and with bitcoin destined to go to 5800$ again, GNT might go all the way to 0.20$! However since it has had on of the biggest corrections, expect it to have one of the biggest spikes in the market. For now all the indicators showing bearish signs. MACD, RSI and a lack of volume are bringing it down. Once we intercept the 20 day moving average (yellow line) we will spike!
GOLEM: GOLEM BETA 0.16.0 & TECHCRUNCH ARTICLE - PROFIT = 20.90!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 20.90% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 10: Golem launches a a beta version of their DApp onto the mainnet (Brass Golem Beta 0.15.0). The Main feature of the new release is the support for the Ethereum mainnet. You can now connect Golem to the Ethereum mainnet and earn/spend real GNT for computations.
April 13: Upbit (Korean Exchange) lists Golem.
April 24: Golem launches Brass Golem Beta 0.15.1.
April 27: Binance list Golem ( GNT 0.16% ).
May 2: Bitthumb, one of Korea's largest cryptocurrency exchanges adds Golem.
May 3: India's largest exchange Zebpay with 3 million users adds Golem.
June 4: Golem gets mentioned in Techcrunch.
June 6: Golem announces release of Brass Golem Beta 0.16.0. This adds the following features:
Different, optimized cryptographic methods for message signing and serializing
New additional settings for choosing providers based on their performance
GNT is converted to GNTB as soon as possible: in previous versions, GNT was automatically converted to GNTB when it was necessary, Ie. when a user was trying to add a new task. This conversion will happen earlier, right when there is enough ETH to cover the gas price.
Bugfixes & optimizations
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
*The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)*
GNT - potential bottom is inGNT is showing signs of bottoming out as we can see on 1 hour chart (zoom in) 5 waves impulse structure in place. Waiting for ABC retracement and am planning on getting in.
GNT: Ready for bullish actionGolem is in correction wave 2 right now and has almost finished the ABC correction.
Next wave will be wave 3 with huge profit potential.
Golem VS Bitcoin Range TradingGolem has established a strong resistance at 8888 satoshi, that has been rejected 3 consecutive times. First in January, second on the 4th of May, and third just recently, on the 31st of May.
At the same time GNT/BTC formed the support level at 6k satoshis, previously rejected on the 23rd of May and confirmed by the 38.2% Fibonacci retracement level. The support area between 6 and 5.2k satoshis could play the key role in further price development.
Price still could get lower and perhaps test the 200 Moving Average or even 5.2k satoshis area. But only break and close below 5.2k level could confirm the presence of a downtrend. But as of yet, price is likely to continue ranting between 6k and 9k satoshis, and break above 9k level should confirm Golem bullish intentions and send price to new highs.
Feeling Bullish on GNTwe are quite new to this space and aiming for the top, first trade will be on GNTBTC , looks bullish as fuck , massive bull flag on the 4hr chart, we picked up some bags , its one of our mid term bags, with a bull flag of target of 10ksats , this is worth holding for mid term, Targets are on the chart, only used the MACD indicator as no other indicator showed some desirable information, we apologize this message doesnt explain a lot, we are getting used too life of trading view. GNTBTC is very strong against BTCUSD dips .
Buy Area - 7000sats to 7400sats
Targets on the chart
GNT - Golem CUP of TEALooking at the daily time frame a cup and handle formation is forming.
(This is not financial advice, this is a volatile market where anything can happen)
GNT idea My idea showing that gnt will going up to ~0.68 than ~0.5 like showing in the chart than up , you can buy from ~0.5 will be good start
Golem GNT Cup & HandleGreat potential. Everything is lining up.
Follow me. Future professional trader in the making!!
GNTUSD GolemGolem is setting up beautifully for its next run. This one has been outperforming the rest of the market fast just like EOS and ZRX. I am big on Golem from a fundamental aspect and I like this thing to make another run of a mini wave 5 setup back to $1.00. Again all dependent on Bitcoin not falling from here.
imaginary cup&h can get us 30% from golem projectif this scenario can be completed you can see that target easely.
Golem Scalp?Up 40% on my initial entry from 5/28 and first target reached at the 161.80% fib extension. However the current pennant pattern could provide for an additional entry with further room to the upside depending on which direction this pattern breaks.
