GNT Needs TNTNot much explosiveness here, Gnt's powder is damp and needs the flash of some cash to pick up the low volume - Currently on support of the Gann 3x1 fib ray but at resistance at the arc pair, you can see the effect the previous arc pair had on the price - Gnt candles may well slip off their gun carriage and drop to the lower fib rays shown in different colours - The lowest is the Gann 8x1 which runs at 7 degrees and is the major uptrend that the price eventually returns to after bouncing like a dambuster bomb down the fibs - If you're locked and loaded in Gnt it would be wise to keep the safety catch on
GNTUSD
GNT/USDGNT retraced, from its recent all time high and all time low, to exactly the 0.618 Fibonacci retracement region! Right now I believe it will either stay in this region and then go up (1), or find some resistance first at 0.43 and then go up! Not a bad time to invest on GNT, but I would advice to wait for BTC confirmation first!
How I will play $GNT Hi Traders/Investors
I am looking to add to my GNT position.
My first entry was at $0.19 :)
We have currently run into some resistance with bearish divergence.
I am keeping an eye on $0.62 as an area of support. I will place a limit order here.
If we break and close below this level, I will pick up more GNT around the $0.50 support/psychological level.
HODL !!!
Have a great week!
Michael_KM
There is a possibility for the Resumption of uptrend in GolemTechnical analysis:
.GOLEM/DOLLAR is in a Range Bound and Resumption of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 51.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.54 to 0.45). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.54)
.Ending of entry zone (0.45)
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 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= @ 0.67
TP2= @ 0.90
TP3= @ 1.38
TP4= Free
There is a possibility for the Resumption of uptrend in GolemTechnical analysis:
.GOLEM/DOLLAR is in a Range Bound and Resumption of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 51.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.54 to 0.45). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (0.54)
.Ending of entry zone (0.45)
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 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= @ 0.67
TP2= @ 0.90
TP3= @ 1.38
TP4= Free
GNTUSD Daily Perspective. Retracement before going further upsidCurrently watching closely with price action on this pair.
A break of trendline will lead to the next crucial support which is at around $0.50-0.55.
EMA will need be tested as support before flying up. Get ready for June's bull run.
Setting my buy limits at around $0.50-0.55 and have a blast.
GNTUSD ready to extend rallyGNTUSD made a nice break from the descending pattern, bounced of resistance at $0.26. Perfect entry was right at strong support on $0.18-0.20 area. Now we are moving higher and despite some market correction, GNT stands well. I’m looking for rebuy on support zone, if we get there and target my next level at $1.27 and $1.52 approximately. Check the volume at break – I market it with red. It’s important to watch for strong patterns and get confirmation with volume along. Also, the MA cross made a good sign we are going to move higher from there.
GNTBTC GOLEM FOR 50%Buying opportunity on Golem. Coppock heading above 0 line. RSI downtrend broken above. Guppy confirms traders and investors are having the same sentiment. Good Luck
Golem - signs of a Bull MarketGolem has formed a double bottom at $0.177 several weeks ago. And recently price spiked up breaking above multiple resistances. The strong rise resulted in a break above the 200 Moving Average, descending channel as well as the $0.5 resistance level.
This could suggest that buyers are starting to be active and the trend could be reversing to the upside. The first potential upside target is located at 61.8% Fibonacci retracement level that is $0.8 area, which is also correspond to the 227.2% Fibonacci channel trendline.
After the short lived rally GNT/USD could take some rest and consolidate before continue going up, perhaps the decline will be down to the 200 Moving Average. Nevertheless the trend now seems to be bullish and another wave up could be just around the corner.
GNT/USD chart predictionSo we have seen an upper trend (dark blue line) since more or less 15 days ago. I believe it will continue to grow, however it may find some resistance either where we are now or at the light blue line drawn. If it fails and starts a down trend, it is very possible it finds support at the white line (down). Mind set right now, bullish on Golem long term, short term they had a big spike in the last days, lets hope it continues.
Golem (GNT) Undervalued? .....100%+ Long TermHello everyone,
Golem is an amazing project and if you haven't had the time look into it, I highly suggest it. Long story short, the team is incredibly gifted and have been working for some years now. Becoming the largest global, open sourced, decentralized supercomputer that anyone can access, the project consists of the combined power of user's machines, from personal laptops to entire datacenters.
"GNT: The AirBnb for computers."
I am incredibly bullish with this coin, total supply is 1 billion, and circulating supply is roughly 834 million. The Brass Beta just went live on the main net. In my opinion a large volume of new investors and spectators will be joining this project for the long term.
On the overview, I have a couple of short term, (Targets 1 & 2) in highlight as well as my long term (Targets 3 & 4). This is keep in mind with Bitcoins state of being. Stop Loss set at .35, relatively low compared to strong support at (.41). I have also been LONG since (.19). I also see another wave coming in therefore I added more at (.19)
I am not a financial advisor. I am not responsible for any loss/profit. However I am entitled to my own opinion, hit that like button if you agree with me!
I am also open to new ideas and perceptions so if you have anything good to implement post it up!
Golem Trade Opportunity.Hey, I am back with another Idea.
Looking at altcoins I have came up to Golem and found clear indication of price movement upwards.
Buy - 5,300 - 5,650
Sell - 6,363 - 7,385 (can go higher)
MACD looks perfect, the volume is changing and RSI is high and bullish.
Good luck trading.
Looking for the next leg upGNT looking nice and primed for the next leg up. Sitting on the .886 fib, bullish divergence on histogram, MACD looking on the up side to the 0 line and Willy is embedded creating a nice W on the plot. Just waiting for bulls to come in and bulldoze.
Golem up 170% in 24hrs - A Review Of Golem and TradingGolem's Price ran up from $0.276 to $1.88 or 561% in one day. Then settled back to a gain of about 170% as I write this. You might ask why?
The Golem Project Tweeted
Prorsum et sursum ad excellentiam. Golem is proud to announce we have finally launched our Brass Beta into mainnet. We still have a lot of work to do - but this marks a new beginning for us
This is good news indeed. I have been invested in Golem since the early part of the ICO. I've traded a portion of my Golem (GNT) holdings in and out since the ICO and made a tidy profit on those trades. However I lightened my core holding by a very large percentage after they missed the roadmap date for Brass by a wide margin. I've been recency buying back into GNT since the price was so depressed.
I have put quite few friends and family into Golem since the ICO and they have done well just holding it. I am holding Golem tokens symbol GNT for the long term. This could be huge in time, I've always believed that.
Price history GNT price has risen from about $0.01 to a high of $0.68 before falling back down to about $0.20. In December it hit an all-time high around $1.16 before falling to about $0.19 in recent days. I've been buying back in since the price fell to $0.23 and lower.
The Golem developers had come under fire in the intervening period since Golem’s ICO ended in November 2016. Golem missed their roadmap projection for the release of Brass Golem the first production version of Golem. Owners of Golem Tokens feareds the 820,000 ETH raised during the GNT token sale would not produce adequate value for investors.
The project team has been exceeding cautious in this first production release leading to a long delay. After all, the project is a very ambitious one, to create a web based supercomputer that anyone can rent time and lease resources to. The decision to launch rather than continue closed testing has gladdened the market.
Golem's Tagline: Airbnb for computers. Rent your CPU/GPUs, get paid in cryptocurrency. A true cloud compute platform.
Golem was a big ICO in the early days of ICOs. It's a well funded project with a great development team.
Summary Long Term Buy and Hold, Short Term some very attractive trading opportunities on swings within it's trading range once a surge or decline in price has stabilized. If the current BTC rally continues the short term price goal for profit taking is about $1.08 at the R3 pivot on my chart.
A more in depth review of Golem is available on my website .
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
GNT Breakout huge volumeSeeing some movement and volume on some mid cap alts. GNT being one, with the launch of their mainnet adding to it.
Tax season nearly over for USA, after which we could see some nice volume re-entering the markets. Could prime for a mini AltsAreBack.
Watching closely
GNT: Huge profit potentialGolem has finished its ABC correction cycle and will start a new 12345 sequence these coming months.
Huge profit potential.
Safe zone to buy is in the grey rectangle
GNT/USD - Another Zone Hit - I'm Calling It a Double Bottom! Follow on to my last GNT video update and since then, price action has pulled ito the buy zone I was expecting to see price hit.
All in all for me this is a great spot to add GNT to the hold. At the same time, while not text book, I'm seeing a double bottom play out and along term... i'm calling $.70 as the first target.
I hope you enjoyed the video, if so give a like and leave me a comment.
GNT/USD - Is There a Buy Zone a Little More Down??This is a quick top down analysis of GNT and my thoughts on here price action might be headed in terms of setting up a nice buying opportunity. I start on the monthly and work down tot the 4HR attempting to explain each chart as I go.
I hope you find this informative, if so, give a like and let me know what you think.
Also, for those of you who watch my videos updates, let me know what you think of the discussion on supply and demand.
Golem (GNT): Good buy spotGNT has broke out of the falling wedge a few days ago and started a new cycle. Golem is making the 2th wave and will begin the 3th wave shortly. This is a great buy spot if you are looking to invest in GNT.