GNT/USD - Well That Setup Didn't Play OutQuick review of the setup i was looking for to play didn't play out as expected. So back to monitor mode on this crytp to look for the next another setup.
GNTUSD
GNT/USD - Is Golem In a Reversal Zone?Scanning my daily charts before heading to bed and something caught my eye on Golem.
Check out the video to see what I saw.
I hope you enjoy and remember to like and leave me a comment.
Golem Established An UptrendAfter multiple rejections of hte $0.17 support area, Golem started to rise rapidly, breaking above the 200 Moving Average. As uptrend continued GNT/USD broke above theprevious all-time high at $0.72 and then went even higher breaking the $0.87 resistance, that is 127.2% Fibonacci retracement level.
Althogh the correction down followed and Golem rejected the previous resistance at $0.87, currently acting as a support. It seems that the uptrend is only emerging and Golem could potentially triple in value against USD. The Fibonacci resistance levels should be watchd for rejection, but the final upside target is $3, that is also a strong pshycological level. Only a break below the 200 Moving Average could invalidate bullish outlook.
when moon?just a technical perspective.
The bullish harmonic pattern indicate an excellent R:R to the upside.
Take out a mortgage, max out your credit cards, lines of credit, HELOC; cash out your 401(k), 403(b), IRAs, 529s;
liquidate the class A mutual fund shares you just bought last week and go full margin if you're real.
how the cryptofreaks say.... TO THE MOON!
GNT(GOLEM) LAST CALL TO GET GOLEM FOR UNDER $1.00These next few days will be your last chance to score Golem under $1, we are looking for a sustained spike into $1.15, a slight pullback and beautiful potential swing to $1.35. After this occurs it will be extremely hard to get Golem under a dollar. This will be the short term play but for those truly wanting to plant their flag into a cryptocurrency this would be one to take a good look at as the project progresses so will your holdings. This coin is not for the faint of heart, slick Rick's trying to scrape a buck, or your everyday crypto hype-man. Please read below for a brief insight on what Golem is -
For those not familiar with the company and technology behind the network, I strongly suggest visiting their website and going through the white paper. Here is a short synopsis:
"Golem is a global, open source, decentralized supercomputer that anyone can access. It is made up of the combined power of users’ machines, from PCs to entire data centers. Golem is capable of computing a wide variety of tasks, from CGI rendering, through machine learning to scientific computing. Golem’s limitations are only defined by software developers’ creativity. Golem creates a decentralized sharing economy of computing power and supplies software developers with a flexible, reliable and cheap source of computing power."
Golem is an extremely long term hold in my opinion, please look at page 11 of their white paper, to think that we are barely stepping into Clay Golem...hodl
CRYPTOSTAR: GOLEM Worldwide SupercomputerGOLEM
Worldwide Supercomputer as per site, "Golem is a global, open sourced, decentralized supercomputer that anyone can access. It's made up of the combined power of user's machines, from personal laptops to entire datacenters."
golem.network
This looks like a winner for the space, just don't know how high it can go.
Same pattern on GNTUSD!! Potentially grow GNTI think GNT will exponentially grow, maybe to moon because its undervalued and pattern indicade it.
Vote or comment if you think or not the same.
Golem with cup and handle fractals: 26k sats target!There is something very big afoot in the cryptosphere. A number of alt-coins are starting to make very bullish shapes; from BTS to NAV to NMR ! Golem is no exception and has started to form cup and handle fractals.
We explored a similar concept in BTS :
But the first time I spotted this kind of pattern was in EOS :
And what happened next was unbelievable!:
And now the exact same pattern has presented in GNTBTC !
The targets to look out for are:
Small C&H: ~11090 satoshis
Bigger C&H: ~26000 satoshis!!
Golem (GNT/USD) - World Super Computer - Price analysisThe first Supercomputer was developed 50 years ago to analyze experiments conducted for nuclear research. Since then, humans have been able to build larger, more sophisticated machines to achieve weather forecasting, climate research, oil and gas exploration and molecular modeling. These supercomputers do produce the desired outcomes, however, it does have it’s drawbacks. It requires a large infrastructure to house the machines and is very expensive to build and maintain (Top-of-the-line supercomputers will cost somewhere between $100 to $300 million for the design and assembly of the units. It will also cost $5 to $8 million in annual energy fees).
Thanks to the birth of Blockchain, the second generation of the Internet, it will significantly improve the efficiency of supercomputing. Blockchain technology enables the capability to integrate computational power across systems and thus produce supercomputing that is faster and cheaper.
In the Blockchain world and Cryptocurrency markets, Golem and Elastic are competing in the space of supercomputing. Though they might not be direct competitors, they are both trying to apply Blockchain to supercomputing and create efficiencies in technology that has not been seen before. Let’s take a look at the head to head comparison of Golem & Elastic
-https://cryptocanucks.com/head-head-golem-gnt-elastic-xel/
Golem Brass release potential 300%+ run!!!Missed out on the EMC2, XVG, and NXT hyper bull runs? Well then, what you see here is nothing but an opportunity to be part of a potential 300%+ run (and that's me being conservative). The Golem team has been working extremely hard in silence for the past months and with the upcoming release of their final product Brass, the team will definitely be making some noise in 2018. Though the team previously announced that the final version of Golem was to be released before 2018, they decided to push back the date from what they said "early 2018". The team also stated that after the release of Brass their main focus will be made on marketing to establish partnerships and attract more customers to utilize their supercomputer technology. Golem will be one of the few companies in the cryptomarket that will finally have a complete polished product. All in all, the charts and Brass are looking very bright for the investors and Golem team in 2018.
Brass Version 0.10.0 was released December 20th. The Golem team occasionally takes around 1 month to 1 month and 1/2 to release new versions. Since 0.10.0 was released December 20th. We can assume that it will be released late January or even mid to late February. The chart shows two possible scenarios of Brass being released on two separate dates. If you take a look at Golem's reddit page, the Golem community has been posting feedback on the Brass software and so far are extremely satisfied how smooth the software is working. That being said the release should be coming very soon.
GNT | RENKO ANALYSIS | BULLISH LONG TERM INVESTMENT | POLYMATH |Golem is a global, open sourced, decentralized supercomputer that anyone can access. It's made up of the combined power of user's machines, from personal laptops to entire datacenters. Anyone will be able to use Golem to compute (almost) any program you can think of, from rendering to research to running websites, in a completely decentralized & inexpensive way.The Golem Network is a decentralized sharing economy of computing power, where anyone can make money 'renting' out their computing power or developing & selling software.
COMPUTER GRAPHICS
Golem can distribute the task of rendering CGI, doing in minutes what would take days, for cheaper than anything else.
The first version, Brass Golem, will do this only.
BUSINESS
From stock market predictions to big data analysis, Golem can speed up business computation while lowering costs.
MACHINE LEARNING
Whether you're teaching an AI to beat grandmasters or recognize images or human voice patterns, you can go to Golem to speed up the process
CRYPTOGRAPHY
Golem can run the world's first and largest fully decentralized cryptocurrency mining pools. It can also help with cryptography work like integer factorization.
SCIENCE
The world of science can benefit immensely from inexpensive and easy access to a powerful supercomputer. From DNA analysis to protein folding simulations to searching for alien life and on and on.
MICROSERVICES
The Golem application registry can run countless types of decentralized microservices and dapps, which anyone will be able to develop and share (for a profit, if they wish).
These are just the tip of the iceberg in Golem's potential use cases. And more will appear as more technologies come to fruition.
GNTUSD for next leg upGolem is confirming positive momentum, RSI, MACD both in bullish mode. GNT is ready to blow again to next two targets.
GNT - GOLEM - BROKE RESISTANCE!!!Good buy opportunities might come soon. Watch carefully for price stabilization or a sudden correction. Stay tuned for updates
GNT Golem Breakout of fakeout?'Golem might be breaking out of a long term corrective pattern. We could see another retracement back into the triangle. If so than we might be in for some long awaited gains!
GNT/USD Breakout Could Lead to Large GainsA breakout to the upside of strong trendlines indicates bullish behavior. I am predicting large price increases in the next few weeks. It seems to be a good time to enter, but exhibit caution, as the trend could always retrace to the previously established resistance.
Golem (GNT/USD) price predictionsI haven't been keeping up on news from Golem so i would appreciate if anyone could give me an update on Golem's technology upgrades or any new announcements I should be watching out for. From what I've heard Golem has a bright future. By analyzing the charts you can see that investors haven't been wanting to sell the currency below .19 because over the whole market, everyone believes GNTUSD is worth more than that price.
I do want to say that I believe Golem has a chance to go places if it gets its feet off of the ground and gets the ball rolling. Hype alone could drive this price up to .50. We just have to stay ahead on the research to capitalize on the net gains.
Comment any recent news you have heard about Golem and/or any challenges that Golem might face on the road to becoming a main stream (and useful) technology.
Thank you
