XRP :- FAlling Wedge Breakout ConfirmedRipple (XRP) :-
Xrp has given us the clear sign of a breakout and looks like prices could propel even higher from here on.In out previous post we expected 1.09$ to come in on xrp and we stand by it.
XRP at the moment is showing signs of taking support at the Daily Support Level of 0.614.
A bullish move above today's high could then take XRP to 0.74 where we can meet first resistance at the purple moving average:+1:
Golem
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 OpportunityGNT almost coming down to the strongest support level.
I would buy GNT at 1500-1700 and this is accumulation this may take weeks / months to play out but this is when you should be BUYING the coin. Most people start buying a coin after it does 100-5000%. People are doing it the wrong way. Accumulate on the cheap end and than sell on the high end its just that simple.
The last pump was about 350% and the cycle before that was 1000% so at the minimum I can see another 100-200% jump in the BTC pair.
Let me know your thoughts :)
Bitcoin in a Wedgie, Altcoins could BoomSummary: Hold cash in your trading funds for a breakout to the upside and hold your investment positions.
Trading on margin is a fools game in this market it's screaming short squeeze.
We have been in a Bulkowski's Descending Broadening Wedge formation for the last 8 days or so. According to the rules for a long term bull market we have touched the bottom of the wedge for the 3rd time at March 30th and that should have been a buy.
However I did not buy, since the volume was not supportive of a buy in my opinion. I am also considering Bitcoin to be in a short to mid term bear market with a long term bull market still in place. If you take a look at the ellipse on my chart it highlights what I consider to be a very dangerous area. A cross of the price at the intersection of the line labeled previous downtrend support, the bottom of the descending wedge, and the descending red dotted line of the long term decent would be very bad. If the price were to cross the 4560 area in any case it would be likely that prices could decent to the 3627 quickly and then lower.
The RSI wants to go up as well as the MACD. Watch for a breakout over the upper yellow line of the descending wedge. That will be a sign to go on alert for a possible trade. If we should get a breakout above the 7250 range, then the current downtrend should be over and a new trade can be opened. If a trade opens then be watchful of the 60 Period EMA in Red above which is currently around 7557 for strong resistance and a possible pullback. A close above the EMA would be very postitive.
When the market breaks to the upside on Bitcoin, I will also add to my alts, top of my list currently are Verge XVG, Lumens XLM, OmiseGo OMG, Dash, Waves, and Golem. All of these are solid projects with good teams and have the ability to quickly rebound by 300% to 500% in price.
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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 `
Some Hope for GNTBTCThe daily chart shows that GNTBTC still has to face some resistance from the kumo. Chikou span is also below price atm.
However!!! We can see that in the 4 hr chart, price broke out from the kumo with chikou span above price. Not to mention that there exists a kumo twist.
And if we look at the 15 min charts, we can see a very beautiful up move.
I'm gonna buy and hodl this till the charts invalidate my entry.
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
GOLEM GOING TO $2, 1000% GAIN ON INVESTMENT GUYS!GOLEM GOING UP TO HIGHS OF $2.
1000% GAIN ON INVESTMENT GUYS ARE YOU READY!
TP: $2
RULES OF RECOGNITIONRules of Recognition
1. The small real body is at the upper end of the trading range.
2. The color of the body is not important.
3. The long lower shadow should be much longer than the length of
the real body, usually two to three times.
4. There should be no upper shadow, or if there is, it should be very
small.
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.
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.
GNT looking good!buy buy buy
look at that RSI !
tons of potential only on the retrace we have almost 300%
GNT/BTC - 3/2/2018Good morning, Traders! In the short term, GNT has been following many trends. Currently, the price has been trading in a channel for about a week, along with staying in a longer-term channel and triangle starting at the beginning of the year. The smaller channel is testing its heavy amount of resistance right now. That resistance is defined by the EMA(100), EMA(200), and the 61.8% fib retracement level. All of these indicators are being tested either currently, or need to be broken before any solid breakout will be observed. Although, due to the heavy resistance, chances are that the price will continue to retrace down o the bottom of the triangle/channel, near the 78.6% fib retracement level. If the price does break this resistance, the price is still going to encounter a resistance level of 0.00004637 and the top of the longer-term triangle. This will provide even more resistance that will most likely lead to some retracement before the price is able to continue in the bullish direction.
Important Resistance Levels: 4637, 5357, 6140
Important Support Levels: 3816, 3231, 2609
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
GOLEM GNT accumulation zoneFirst because it is a good solid coin with real life application.
second- because it formed a bottom and affirmed it a second time.
if it breaks above the moving average again then it can be the start of a long run up to previous ATH and maybe more.
Talking about a LONG here.
GNT GOlEM BUY IDEA #gntUndervalued cypto that use gpu sistem for gamers and gpu users
Buy under 0.40 cntvs
For HOLD trading: sell 30% in 5$
For meduim term: sell 20% in 1.20$
For margin trading: sell all in 0.70 cntvs
GNT / BTC - Golem you awake??Little TA on Golem. I trade long term and actually hold GNT at the moment so I want some upside. Video breaks down thoughts on that idea and when...
decision time for GolemUnfortunately, it is like many alts. stuck between a btc crash and btc surge.
if btc crashes, GNT likely crashes with it.
If btc surges, GNT/BTC price will fall out of this triangle.
remote possibility BTC does a minor pullback for a couple days here and GNT can break bullish. Just doesn't seem like it will get the volume to have any legs.
i expect this to fall bearish but i'll buy the breakout.
Golem Bull Divergence - Time to Jump InGolem has just broken out of a descending wedge with major bullish divergence.
Its time to jump into this for nice profits.
GNT could fall furtherDuring the recent rally Golem token has broken above multiple resistance levels, including 50-Day and 100-Day EMA. GNT price is trading below its 20-day EMA, but given the strong bear market, many are expecting a correction to new lows.
Technical indicator RSI is indicating that token price moves to the oversold territory and is due for a correction. Also GNT has the strong support at 3k level from the POC(point of control).I think, it might not be a good idea to short or open a long position right now. If GNT price manages to breach the resistance from 50-Day EMA then it could continue to go higher.
Golem - "My precious!!" Up, & up & up?? – Or up, & up & down??Hey there peeps! Hope everyone had a wonderful weekend and are having a superb Monday morning.
Take a look these figures:
We've broken out of the mid-term channel we were in since January 18th 2018. RSI still has room to grow. MACD is showing sideways movement on the short-term but on a mid-term uptrend .
Current Resistance: .00004210 (= 38.2% FIB)
1st target: .00004488 (= previous resistance)
If previous resistance of .00004488 is broken:
Next target will be: .00004696
If previous resistance is NOT broken:
Fall back/correction will find stability between .00004132 and .00004210 (coinciding with previous 38.2% and 50% fib retracements)
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts!
ABOUT GOLEM
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 our developer community’s 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 enables users and applications (requestors) to rent out cycles of other users’ (providers) machines. Any user ranging from a single PC owner to a large data center can share resources through Golem and get paid in GNT (Golem Network Tokens) by requestors. Golem utilizes an Ethereum-based transaction system to settle payments between providers, requestors and software developers. All computations take place in sandbox environments and are fully isolated from the host’s system. Software developers are in the center of Golem’s ecosystem: Our Application Registry and Transaction Framework enable anyone to deploy, distribute and monetize applications in the Golem network.
WHITE PAPER: golemproject.net
GNT - GOLEM %10 PERCENT PROFITGNT is a good project. I am hodler of it. 4 hour chart says there is buy oppurtunity for us. I expect It will push for 4400-4500.
GNT EXPLOSION TO UPSIDE!!On this chart I drew in the plotting zones. Where the price will have strong support and resistance. Also the potential targets once new highs are formed. However how do I know Golem is about to explode?
There is an upside divergence in play right now. The blue trend line on the price and the MACD indicator shows the pressure bearing down on the price. When means a surge of a move is imminent to the upside in the price. So stay tuned and lets watch the magic happen. Enjoy the smooth ride to Higher Highs. :)