There is a possibility for the beginning of an uptrend in GNTBTCTechnical analysis:
. Golem/Bitcoin 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 35.
. While the RSI downtrend 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 (0.00001850 to 0.00001555). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001850)
Ending of entry zone (0.00001555)
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= @ 0.00002250
TP2= @ 0.00002505
TP3= @ 0.00002955
TP4= @ 0.00003320
TP5= @ 0.00003750
TP6= @ 0.00004400
TP7= @ 0.00005280
TP8= @ 0.00006160
TP9= @ 0.00007400
TP10= @ 0.00009000
TP11= @ 0.00010440
TP12= @ 0.00016800
TP13= Free
GNTBTC
GNT good for mid-termA good buying opportunity for higher timeframes but in the 4H timeframe, it can hit the 1900 and even 1600 targets. If this happened I need to check it again and give you a new entry point.
Buy a confirmed break above 2250
Targets
2900
4500
5500
Stop loss 2250
GNT nearing strong support areaSet a buy at 1935. Lots of areas of support.Seems like more areas of upside than downside, especially on the higher time frames.
Order got hit. Let's see where this goes.
GNT looking ready to blow!!!GNT pulled back perfectly into support, tagging the 100MA and bounced right back
We can see it breaking back above support and could make its way back up to resistance and move higher to other targets!
Thanks guys!
Golem Displays Huge Volume (360% Profits Potential)Golem's volume has been increasing massively in the past few days, and it is already moving.
Looking at the moving averages, we can see that EMA10 had a bullish cross of EMA50 and EMA100, this is a really strong bullish signal.
We have a trade active for this pair, GNTBTC, which can be found here:
This is a friendly reminder so that you too can profit from this altcoin... Remember to hit like.
Thanks a lot for reading.
Namaste.
$GNT Big Picture: Falling wedge that could last till end 2019$GNT @golemproject
Big Picture: Falling wedge that could last till end 2019
Moving into the daily activity
Volume rised substantially over the last days/weeks
Reached upper trendline
Crossed over EMA100, now retesting it
Volume falling.
RSI & MACD deciding
ascending trendline acting as support
#GNT
GNTBTC 1DGolem is going fine, but a little risky for now. Thought can be bought for medium term. Don't forget to profit realization,
Be careful, break a leg!!
GNT Swing TradeGolem held the weekly support level at $0.055, forming a potential double bottom. If GNT can see some buying and a break of the $0.08 neckline/resistance level, I believe further upside may follow. If that is the case I will target the $0.09 and $0.10 levels, which align with the 0.27 and 0.618 fib extensions.
inverse H&S in the 6h chart$GNT formed a inverse H&S in the 6h chart.
This could trigger some bullish movement.
Maybe to retest EMA100 on the daily (~1883sats - 10%).
Volume increasing slowly, RSI rising and MACD rising too..
Still I dont see major reasons for a bigger breakout. #GNT
GNT up to 1646% PPT! Long term tradeGreen - buy. Red - sell.
GNT completed the cycle and now finds itself in the accumulation phase so it's perfect time to buy.
Golem already has a working product and a good community support.
It's not a financial advice.
Trade carefully and good luck!
Daily Bullish Signal $GNT #GNT (24 Jan 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
GNT - LONG - Trade OpportunityIn the last the few days the alt coin market has been booming left and right, BINANCE:GNTBTC has been the exception to the rule, but not for long, as all the indicators are ready and signaling a pump is on the way.
A combination of bullish MA(moving average) crosses has been made on multiple time frames, while also breaking through the MA 200 on the hourly chart, which is usually seen as an important resistance. A huge volume spike was also seen the other day without any real pump, meaning a breakout is imminent.
Entry: below 0.00001785
Target 1: 0.00001863
Target 2: 0.00001930
Target 3: 0.00002005
Target 4: 0.00002138
Stop Loss: 0.00001699
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GNTBTC popping, lets buy it and make some money.GNT/BTC
BUY - 1800
SELL - 2400 - 2800 - 3400 - 3900 - 4500
I think 1ST Target is Short Term.(15 Days+) 1st Target Itself More Than 30% Profit
[GNTBTC][950% PP] Golem’s Full Long Trade w/ @alanmastersGolem (GNT) Overview
Golem is the first truly decentralized supercomputer, creating a global market for computing power. Combined with flexible tools to aid developers in securely distributing and monetizing their software, Golem altogether changes the way compute tasks are organized and executed. By powering decentralized microservices and asynchronous task execution, Golem is set to become a key building block for future Internet service providers and software development. And, by substantially lowering the price of computations, complex applications such as CGI rendering, scientific calculation, and machine learning become more accessible to everyone.
Golem Trade Analysis
Golem (GNT) has really good potential and the charts are looking good. Contrary to other altcoins, it hit its highest peak this year in May rather than January and its all time high was set back in June 2017. On this trade, we will aim for January’s peak… Let’s s trade!
Weekly chart:
Golem Trade Instructions by Alan Masters
Buy in: Up to 0.0000190
Targets for GNTBTC by Alan Masters:
(1) 0.0000213
(2) 0.0000246
(3) 0.0000296
(4) 0.0000333
Longer term.
(1) 0.0000385
(2) 0.0000433
(3) 0.0000463
(4) 0.0000511
(5) 0.0000588
(6) 0.0000643
(7) 0.0000714
(8) 0.0000798
(9) 0.0000917
(10)0.0001050
Stop loss: Close weekly candle below 0.00000156.
Capital allocation: <10%.
ENDLESS OPPORTUNITIES, EARN MORE
When you are starting to trade cryptos you can see lots of “missed” opportunities, and sometimes you see huge swings in different coins and you are tempted to join, out of emotion / fear / FOMO, which can lead to bad trades. First know that this market offers endless opportunities, and there will always be more. You can see how that plays out daily by looking at the stats and charts on different exchanges. So it is better to wait for the right opportunity, rather than rush and lose.
If you are starting out, the best strategy is to buy LONG, looking to buy as low as possible so that you won’t have to deal with technicalities as experts have to when they trade on highly active markets. The other advantage of buying at the bottom is that, when the breakout happens and a new trend starts, you can choose to sell whenever you feel comfortable with your profits.
So I look for opportunities where coins reach their “bottom”. Buying at this bottom highly increases your chances of getting out with a profit.
You can read the charts candle sticks, use indicators and chart formations to gain knowledge as to what might happen next. But remember, all of these are just signals, one cannot predict the future in these markets, but we can definitely make an informed trade which can increase our chances to earn.
Namaste.