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GNTETH

Golem vs Ethereum very solid support on Daily chartIt is very interesting chart. There is a very visible GAP on Daily chart which was respected by market recently. I would say this solid support should sustain the pair above this level and I would look for ABCD pattern where AB=CD. I'm not sure if correction will hit 50% again but even with this value we have good risk/reward ratio. I would set SL just below GAP and TP close to D point. Support like this is rare and combination of 50% retracement with GAP making it very reliable also market seems to respect this level.
GLong
by Krystiannwk
22
112233
…999999

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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