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GNT

There is a possibility for the beginning of an uptrend in GNTUSDTechnical analysis: . GOLEM/ETHEREUM is in an uptrend and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 69. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00066800 to 0.00061000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00066800) Ending of entry zone (0.00061000) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00073540 TP2= @ 0.00078350 TP3= @ 0.00085440 TP4= @ 0.00093080 TP5= @ 0.00103200 TP6= @ 0.00114110 TP7= @ 0.00135630 TP8= Free
GLong
by ForecastCity
1
My $1k to $100k Challenge: Day 44 - Trade #47 GNTHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. After 44 days and 44 completed trades: Wins: 20 Loss: 25 Balance: 0.1541 B USD: $ 1034 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 44 trade #46 I invested 0.072 B into GNT. I bought 3171 @ 2270 satoshi My Sell targets are: T1: 2384 5% T2: 2498 10% T3: 2611 15% I will sell 33% at each target. After a target is hit, that will become my new SL. SL: 2100 In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
GLong
by redking75
3
GNTBTCFalling wedge reversal pattern of technical analysis, which manifests itself in a descending wave-like motion, the amplitude of which decreases. A falling wedge is formed at the points of tangency to two straight lines that form an angle looking right downwards. The imaginary angle is the descending wedge. It is important to answer that to each straight the price should touch at least twice. Exit from the falling wedge will help to test the resistance level on fibbonachi 78.6 All moving averages for long periods on sale MACD ready to start rising
GLong
by Avalontrading
Good Altcoin vs Bad(?) altcoin We didn't expect this to happen. right. the tumbledown, the collapse of altcoins. BTC's dominance went as high as 48%, and now 47%. it is on its highest peak, when people say 42~43% is enough for the market. investor's think bitcoin is the safest bet. now, when BTC is pretty high priced, compared to 5.7, 6k areas altcoins are dying. at the hype of the bull run altcoin's couldn't gain like 50%, 100%, 200% which was easy in the past. it pretty much gained 30, 40% percent this turn, but lost more on btc's dump! so when traders now say "btc is going to 5k", altcoins will be DEAD. not only it goes back to 2017 November, October price, it may even retrace further even before we knew this market exist. am i exaggerating? well, for now yes. but also possible. anything is possible in this world we all know. BTC's bear and bullrun has shaped every altcoins resistance and supports in the past. but now, as BTC's dominance so high, we could differentiate what a good altcoin is, bad altcoin is! below is GNT's chart. GNT for example. the price is even lower than last year when btc was at lower level's than now! last april was the low point this year, but it reached it today. GNT's pumping is really alluring, it goes up real high. however, when btc's downtrend starts, it never stops to drop. low market cap, 'manipulated coin for pumping' reveals its fundamentals. NOT that GNT's future is not promising, but the past years have shown its strength against BTC for a fact. what about SIA? SIA is even weaker than GNT, which went right back to 2017's low. In 2017, Sia broke down below 100 sat's which went 40~50 sats and rebounded in dec. 3 whole month of boring consolidation! So many traders are saying MACD is bottomed, RSI is bottomed..but it just would not run! All because of BTC, but it also matter's with investor's expectation on SIA, and its fundamentals, and ongoing projects which is in its early stage. On the other side, what about Stellar? Stellar also had difficulties with BTC dominance, but! it made a pretty good run. when so many coin has reached double bottom or even lower, Stellar is in a 'healthy retracement phase', which will lead to 2900/2400 sats or little lower. the real bottom in 2017 can come when BTC would go to 5k or below for now. these cases proves that not all altcoin's are losing strength at these times. Some good coins with good news, updates, expectations, and solid fundamentals ABSOLUTELY SURVIVE. now is not a time to buy any alt coins because its low has been reached! when its historical low is broken, it loses momentum, with no support at all. BTC's retracement/consolidation has only begun, and expectations for 'powerful BTC' will go on for a while. now is the time to study, work on what good altcoin's are, what would survive in BTC dominance(not that i invest in stellar, i hold nothing at all) in the coming years. That insight and perspective would only win your money no doubt.
by Turningmecard
A trading opportunity to buy in GNTUSDTechnical analysis: . GOLEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.27 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.27) Ending of entry zone (0.18) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.36 TP2= @ 0.40 TP3= @ 0.50 TP4= @ 0.58 TP5= @ 0.65 TP6= @ 0.76 TP7= @ 0.90 TP8= @ 1.38 TP9= Free
GLong
by ForecastCity
A trading opportunity to buy in GNTUSDTechnical analysis: . GOLEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.27 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.27) Ending of entry zone (0.18) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.36 TP2= @ 0.40 TP3= @ 0.50 TP4= @ 0.58 TP5= @ 0.65 TP6= @ 0.76 TP7= @ 0.90 TP8= @ 1.38 TP9= Free
GLong
by ForecastCity
3