GNTBTC
GNT/BTC - Lift it higher with ethereum!Volume based trade - VPVR
No brainer.
Risk / SL below invalidation zone that is below the point of control.
Great R/R
GNT $$$ Seems like to have another big bullish wave !Hi all... Seems like Golem is ready for the move once again !!!
Cheers !!!
Golem Bullish Breakout ScenarioGolem is currently stuck in a clear downtrend
Will these downtrend break upon the fourth test of the resistance line?
A VERY ugly wick recently formed, first thought that came to my mind was 'coin killer'
Gl all
GNT/BTC (Uptrend resume?: up to 40% profit)GNT/BTC
-local trendline breakout
-the price trading above 200D MA
-key support at 540 sats
-upside target is up to 744 sats
-stoploss below 200D MA
golem very bullishTarget listed on chart, aiming for MA on weekly chart, flipping potential however i am long. Ascending scallop turned accumulation phase, this will likely lead to an upward breakout and continuation of the trend. Large reward little risk trade.
GolemTracking the pullback of golem.
Had a 25-30% jump yesterday.
Playing top resistance wedge resistance.
See if it snaps or rejects.
I think overall it's setting up with something big to the upside
GOLEM/BTCBINANCE:GNTBTC
- Retrace looks complete, sitting nicely at support by EMA200
- Immediate downtrend lost its momentum
- GNT ranging right now, price jammed b/n EMA200 (support) and MA300 (resistance)
- We need good volume to come in and print a bullish candle
- If we manage to close around the 685 sats level, breaking the immediate downtrend and MA300, next resistance is EMA300 at around 850 sats
- After 850, 1000 sats is next
- RSI is strong at 54
Golem Breaks Downtrend | Massive Volume | 115%+ Target MappedGolem (GNTBTC) printed yesterday a very strong bullish candle and gave out multiple strong bullish signals... Let's take a quick look at those...
Remember to hit like to show your support, let's get started!
Golem (GNTBTC) Bullish Chart Signals
First, we have the biggest volume bar for GNTBTC since August 2019, signaling the start of a new wave.
Prices managed to break EMA50 (yellow) and EMA100 (purple) in one single candle after EMA10 (green) was conquered.
The RSI is very strong.
The MACD is fully bullish and allows for additional growth.
Notice the black trendlines on the chart, these have been fully conquered as well.
New ATL (All-Time Low) hit just days ago. A strong bullish move like the one we saw yesterday after a new ATL is hit is a strong bullish signal.
As you can see, we have many signals telling us that Golem will now start to grow. EMA100 is the main resistance/support level to look at right now.
If EMA100 can be conquered, GNTBTC can grow from here (green arrow).
If EMA100 is rejected, then we will see prices move lower (red arrow), but we remain bullish as another attempt to move up will follow...
Feel free to leave a comment if you have any questions.
Thanks a lot for your continued support.
Namaste.
Pushing against resistance levelNeed a candle close above resistance level. Careful though, daily RSI is overbought. If volume comes in, should easily pop above 600. Moreover, Cloud looks positive.
GNT/BTC BULLISH GOLDEN CROSS
GNT/BTC started to pump breakout of this fallen wedge pattern and we see a Golden Cross of 200MA and 50MA in
4H Time Frame this golden cross will pump the price of GNT. A nice bull volume that the bulls are in play showing to change the trend to an upward channel after a long downtrend.
I'm expecting there is still more room to go up and possible potential target between 527 - 576 sats before a healthy pullback and continue rally upward channel.
GNT/BTC TA Update (Bullish Breakout?)GNT/BTC
GNT is looking bullish after breaking the trend-line resistance and has now made a new Higher Low at 357 sats.
GNT also passed through the 50D MA and if the candle closes bullish in about a few hours left, this could help the price to move higher up to my target zone.