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Golem

A New Trading Suggestion to Buy in GNTBTC ...GOLEM/BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * There is possibility of temporary retracement to suggested support line(0.000055), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 8 BUY trade(s) @ 0.00002911(day close price) based on reversal candle (Valley & 2-Day Hammer ) at 03.19.2018. Total Profit: 40047 Closed trade(s): 13367 Profit Open trade(s): 26680 Profit Closed Profit: TP1 @ 0.000055 touched at 04.13.2018 with 2589 Profit. TP2 @ 0.000077 touched at 05.02.2018 with 4789 Profit. TP3 @ 0.000089 touched at 05.03.2018 with 5989 Profit. 2589 + 4789 + 5989 =13367 Open Profit: Profit for one trade is 0.00008247(current price) -0.00002911(open price) = 5336 5 trade(s) still open, therefore total profit for open trade(s) is 5336 x 5 = 26680 All SLs moved to Break-even point. Take Profits: TP4= @ 0.000109 TP5= @ 0.000168 TP6= @ 0.000221 TP7= @ 0.000278 TP8= Free Technical analysis: Golem/Bitcoin is in an up trend and continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 73.
GLong
by ForecastCity
A New Trading Suggestion to Buy in GNTBTCGOLEM/BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * There is possibility of temporary retracement to suggested support line(0.000055), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 8 BUY trade(s) @ 0.00002911(day close price) based on reversal candle (Valley & 2-Day Hammer ) at 03.19.2018. Total Profit: 40047 Closed trade(s): 13367 Profit Open trade(s): 26680 Profit Closed Profit: TP1 @ 0.000055 touched at 04.13.2018 with 2589 Profit. TP2 @ 0.000077 touched at 05.02.2018 with 4789 Profit. TP3 @ 0.000089 touched at 05.03.2018 with 5989 Profit. 2589 + 4789 + 5989 =13367 Open Profit: Profit for one trade is 0.00008247(current price) -0.00002911(open price) = 5336 5 trade(s) still open, therefore total profit for open trade(s) is 5336 x 5 = 26680 All SLs moved to Break-even point. Take Profits: TP4= @ 0.000109 TP5= @ 0.000168 TP6= @ 0.000221 TP7= @ 0.000278 TP8= Free Technical analysis: Golem/Bitcoin is in an up trend and continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 73.
GLong
by ForecastCity
1
[GNT/BTC] GOLEM: MY PRECIOUS // massive gains comingGolem! This is in my opinion one of the most unnoticed gems so far this year. Since I told my roommates that they should look at Golem, they've made around %40 in days. I'm sure you all know by now that I'm super bullish on any project that's coming out with a main-net and getting off the ETH platform. While people are very excited about 'privacy coins' being the biggest thing in 2018... That's all well and good, but in my opinion... BORINGGG. I think the heaviest hitters of 2018 are ones that are tackling the problem of being built on-top of a different platform and being 'future proof'. Thankfully we have incredible teams that are working on projects to solve these problems. Coming from the background of design, I'm just as stoaked on Golems actual purpose as coming out with a main-net. I have waited for hours, if not days sometimes rendering out a project. Golem aims to solve this problem with "computing power shared", machine learning and ultra fast rendering through blockchain technology. This means extremely expensive rendering for movies, animation, 3D projects etc. will be cheaper, faster and more efficient than ever. Right now we're looking at a pretty nice run-up, but its literally NOTHING compared to whats to come. I'm estimating a massive wave 3 and potential extended 5th wave for this guy, I also believe that later in the year when we finish this intermediate wave cycle, the wave 3 potential for the primary wave cycle will be insane. I'll chart out that potential cycle once I can extrapolate more data instead of pretending I have a crystal ball more than I am already :P Happy trading everyone!
GLong
by dansharp
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.
GLong
by CryptoPAMM
2
GOLEM: NEW DEVELOPMENTS - 24 HOURS PROFIT = 40.73% !!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 2nd of May 2018. Using this buy in point and selling at today's price, you would have expected to net 40.73% PROFIT!!! The increase in price may also be explained by positive developments including: April 10: Golem launches a a beta version of their DApp onto the mainnet (Brass Golem Beta 0.15.0) April 13: Upbit (Korean Exchange) lists Golem. April 24: Golem launches Brass Golem Beta 0.15.1. April 27: Binance list Golem (GNT). May 2: Bitthumb, one of Korea's largest cryptocurrency exchanges adds Golem. May 3: India's largest exchange Zebpay with 3 million users adds Golem. These factors have together with the substantial increase in leading to Golem's listing on multiple exchanges especially with the most recent being Zebpay has caused a substantial increase in price due to increased demand.
G
by CryptoTradeSignals
Golem >BULLISH FORECAST<What is golem? Golem connects computers in a peer-to-peer network, enabling both application owners and individual users ("requestors") to rent resources of other users’ ("providers") machines. These resources can be used to complete tasks requiring any amount of computation time and capacity. Today, such resources are supplied by centralized cloud providers which, are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Also core to Golem’s built-in feature set is a dedicated Ethereum-based transaction system, which enables direct payments between requestors, providers, and software developers. The Internet will be a truly decentralized network, enabling users to securely and directly exchange content, without middlemen. Accordingly, Golem will be used not only to compute specific tasks, but also to bulk-rent machines in order to perform operations within a self-organizing network. Of course, this will require the simultaneous development of other technologies, many of which have gained significant traction in recent years. It is important to know in which project we are going to invest because with that we will know the strengths that they will have in the future which will make the price rise... in the technical analysis section I expect a small bearish impulse towards the trend line located at 0.44, I hope that the price action touches this line so that then our upward movement towards the 0.90 zone begins. have a nice trading week!
GLong
by albx
1
Daily Wick fill + Momentum push, GNT Buy Opportunity! Daily Looking at our higher timeframe we can a double bottom was formed @ our 0.00002500-0.00002700 zone. Double bottom was then followed by an aggressive Higher High and Higher Low structure. Price pierced our 0.0007000 resistance, but did not close above this level. Expecting price to return to 0.00008000, followed by momentum picking up and price pushing towards 0.0001000 Stochastic RSI showing momentum is starting to head towards the upside. 4Hour Shifting over to our pattern timeframe we get a better look at price attempting to break our 0.00006500 resistance. Minor support @ 0.00006400, price could potentially hold at this level, or we could see a drop towards 0.00006000 Hourly Finally looking at out trigger timeframe we can see price is stuck in a consolidation between 0.00006350—0.00006650. Minor support @ 0.00006350 and secondary support @ 0.00006050 Stochastic RSI showing bearish momentum has slow down and almost bottomed out. Conclusion: Buy: After break and close above 0.00006650 on the 4hour Sell: NO NO NO
GLong
by UnknownUnicorn2434649
Bitcoin - The Path To $11,600 Altcoins For The Ride Current Analysis This chart is to show first of all the path to our current price at $8950. From here, to have a healthy run up, I feel we need a pullback to at least #4 of the current Elliot wave I've drawn. That price is about $8370. Then BTC can begin a new leg up to the area of $9785. Trade Planning So I plan to enter a trade in the area of $8400 and hope to exit with profits in the area of $9700. This is based on analysis of Fibonacci levels, Elliot waves, and past support\resistance levels. The Path to $11,600 What follows is speculation and not prophecy, Drawing out a plan for the future even if only speculative, provides a framework for planning future trades. After reaching $9785 or that area it would be normal to have a corrective wave like that drawn, followed by another impulse wave upward. Again these price levels are a combination of Elliot wave speculation, actual price history and Fibonacci levels. By the combination of these tools I see what seems to be a reasonable path to $11,600 in early June. Altcoin Trading and Investments There is much you can infer about the price action of the Altcoins from the price movement of Bitcoin. History shows even greater gains can be had in altcoins during a run up that in Bitcoin alone. I have a series of charts on various Altcoins that I favor, In general I only write about Altcoins that I hold in my long term hold portfolio, IE: the 80 to 90% of my portfolio that I do not trade but hold as investments.
Long
by 6Shooter
1
Golem (GNT) - Distributed ComputingGolem is by far one of my most favorite projects out there, their goal is to decentralize computing (mainly focusing on the CGI scene now) which can be a lot cheaper and efficient that regular render farms or server renting/building. Servers have to be updated with the newest hardware continiously to stay relevant and this cost's a lot of money (hardware/location). Golem offers us a new solution, people around the world collectively join their network and provide it with computing power. Not only can the computing power of this network easily exceed very large supercomputers in the future, but it is also efficient since demand and supply will dynamically scale how many pc's are participating and thus keep energy consumption fairly sustainable climate friendly. Their main focus and goal is now to provide a service for CGI rendering (Currently supporting Blender) for both coorperations and individuals. From how I observe it Golem is still in it's early phase but once things get going it will be an amazing idea which also uses the blockchain (tokens) for tasks. I do think Golem can scale much futher than just CGI rendering (current focus) and their real power lies in microprocessing for businesses. If business can borrow computing power from their network for cloudbased computing (think of all the app's you are using all the time) then they don't have to build/update/manage their own expensive servers which can cut a lot of unneccesary costs. Anyways, from a TA perspective, golem just finished it's major downtrend and broke up from a the resistance line! TA-wise we are expecting a retest of 4 of the Major Downtrend (also shown in the chart) around 8000-9000 satoshis, currently trading at 5000, so nearly a 2x increase from here. After testing this leven we can see small pullback and probably a cup and handle forming, but longterm we are bullish and expect it to break this resistance too, eventually heading to 11000-16000! Interesting times ahead, I do say it's a good-great hold from here long-term. Please leave a like and/or comment and if you want you can also follow my Telegram Feed which has many more updates (Tradingview can be kind of annoying scrolling through long update walls) and there is also a casual chat where everybody can talk about trading related content! PS: Just join it, helps me out :D Good luck trading, may the trading gods be with us! -TheTrex
GLong
by TheTrex
12
GNTBTC , weekly update:Total profit 24212 in 25 days.!GOLEM/BITCOIN New trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. *There is still possibility of temporary retracement to suggested support zone (0.000032 to 0.000016), if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000032) Ending of entry zone (0.000016) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons Trade Setup: We opened 8 BUY trade(s) @ 0.00002911(day close price) based on reversal candle (Trough & 2-Day Hammer) at 03.19.2018. Total Profit: 24212 Closed trade(s): 2589 Profit Open trade(s): 21623 Profit Closed Profit: TP1 @ 0.000055 touched at 04.13.2018 with 2589 Profit. Open Profit: Profit for one trade is 0.00006000(current price) -0.00002911(open price) = 3089 7 trade(s) still open, therefore total profit for open trade(s) is 3089 x 7 = 21623 All SLs moved to Break-even point. Take Profits: TP2= @ 0.000077 TP3= @ 0.000089 TP4= @ 0.000109 TP5= @ 0.000168 TP6= @ 0.000221 TP7= @ 0.000278 TP8= Free Technical analysis: Golem/Bitcoin is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 78.
GLong
by ForecastCity