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Golem

Golem at the very start of a bull market, 3000% gains possibleWhat is Golem Network Token? Golem (GMT, ex GNT) is an ERC20 token (recently migrated) that can be used to buy or rent computing power, which could be useful considering how much computing power is out there, without being used. It could greatly benefit society, reduce waste. There are companies, governments, or individuals that need to run computers to process imagery, movies, games, math solving, science, models, all sorts of things. Rather than waste their money, factory production, energy to build these processing machines, earth natural ressources, and buy lots of heavy equipment, they could instead simply rent some of the millions of computers individuals do not use at full capacity, or at all when they are at work for example. There is a real use case, and this is more than just a token. 2 days ago the team released Golem Mainnet Release Beta I. "After several months of a focused effort of the whole Golem team, we’re proud to present you with the first official, albeit still experimental, mainnet version of the new Golem, also known as Yagna." You can read more about it here: www.golem.network The token price is at a support level that is holding, it has been forgotten, the gambler and bagholder activity has hit zero, the price could drop and test the liquidity down there before rallying hard, test of faith even: So this is what I got: -> It is a good idea with a real usefulness, also simple to understand, and very "end user" what I mean it concerns everyone, it's not some weird industrial specialized project -> The team, during all this "dead" time where all the scams have just been abandoned, have been working, I do not know how good the beta is, everyone should do their DD -> It is "cheap", less than 1 usd per token, meaning plenty of gamblers might get attracted just by the "cheap" price (what if it was the next Bitcoin that went to $50,000?) -> The price has potentially bottomed, and after a typical long bear market dead period, activity is starting to pick up, and it's to the upside -> Potential to go up very far
GLong
by MrRenev
1
Can Golem Hit $0.50 | GNTUSDT Chart Analysis + TargetsI just drew this beautiful chart for you... A "chart designer" is what people are calling us now, sounds like a great name... THANK YOU. In this chart design, you can find the fib. levels for GNTUSDT. We have the falling wedge to the left and now we have an ascending channel. We can clearly notice higher highs and higher lows as prices continue to increase. We have increasing volume, a bullish MACD, and a very strong RSI. Can Golem (GNTUSDT) hit $0.50+? Absolutely... But first, prices need to break and close above $0.1125 or EMA100. Thanks a lot for your support. Namaste.
GLong
by AlanSantana
8
Will Golem (GNT) Also Print 700%+?Golem (GNTBTC) finally completed its retrace and is already moving higher. We have a beautiful setup here with a perfect falling wedge, a break above EMA50 and MA200, high volume, a MACD bullish cross, and a very strong RSI. There is no doubt that this pair is moving higher. Since we have a higher low on a bullish cycle, we can also expect a higher high on the next strong jump. You can zoom out on the chart to see how much higher GNTBTC can go. Remember to hit LIKE. Thanks a lot for your support. Namaste.
GLong
by AlanSantana
4
GNT re-testing support GNT/USDT Golem has been suffering from market conditions lately as well. It has been moving slowly and is currently breaking down into the key-area of support, the “last hope” for GNT. Should this support break and not hold the price stable or even show a minor reaction, there might be many more downsides for GNT. Looking at technical indicators, the MKAST Algorithm has just switched into a sell-condition, which is understandable and clear for anyone watching the conditions. The MKAST Index is at 1/15 points, which is quite low and near an oversold condition. This low index point can be especially interesting since GNT is testing its support for the second tie only, and with the nearly oversold conditions, this could turn out bullish. Moreover, the volume is decreasing and not very much supporting the ongoing selling.
GLong
by KongTrading
1
Golem (GNT) Bullish ConsolidationGolem (GNTBTC) is now showing a very uncommon pattern marked with a light blue rectangle. We have 6 consecutive green candles all moving straight up. I am calling this "bullish consolidation" which can lead to a massive jump. The RSI is above 50, we know what this means... Strong. GNTBTC is also trading above all of our EMAs, removing all resistance on the way up. Support was found at EMA100 which also coincides with the 0.618 Fib. retracement support. This is looking strongly bullish to me... We will see how it goes. Namaste.
GLong
by AlanSantana
2
GNTBTCHello! Dr. Trader here! Welcome to my TA of GNTBTC. This idea is based on the Theory of Geometry in financial markets which I have been exploring and guess what! it's a miracle no one is even talking about. In this theory every asset behaves in a certain geometrical pattern and if you find that you could predict its moves with incredible precision!! Don't worry! I have also checked the analysis with a whole bunch of other indicators which I spare for the sake of neatness. GNTBTC is in a downfall from it's upward move right now. So you could buy it in the three levels indicated in the chart for the next bull run. Saludos
GLong
by bitbuzz
1
Golem (GNT) Holding Nicely Above EMA10 Aiming At...Golem (GNTBTC) has been holding nicely above EMA10 after the 22-Aug. peak. This is a tough chart to trade of course, but the potential is clear for prices to move straight up. Conditions for change If prices move and close below EMA10, we are likely to see a drop that will hit at the least 0.00000839 or EMA50. This is not a piece of trade advice. Make sure to have a plan before you trade. We do not trade this type of chart as it is high risk. Trade at your own risk. Not for beginners. Previous chart: Apr. 11 (+163%) Thanks a lot for your continued support. Namaste.
G
by AlanSantana
2
Golem Prints High VolumeI am looking at Golem right now, GNTBTC, and we can see really high volume. Yesterday's volume bar is as big as the one printed on the 15-Feb. when a peak was hit. Prices also moved and close above EMA10/50/100 and MA200... Which tells us that the bulls are now in control. Chances are GNTBTC will now resume its move up. Conditions for change If prices for GNTBTC move and close below MA200 (0.00000516), the above signals become invalid and a new analysis is needed. Thanks a lot for reading and for your continued support. Namaste.
GLong
by AlanSantana
5
GNTBTC Flagging prep for breakout GNTBTC - Looking for new entry after taking profit on the first break out of consolidation. I'm still very bullish on this one long term. Waiting for a BCR of the flag & resistance. Trading on the daily but watching on the 4hour for bullish momentum. I'm bullish on this long term because of the project as well as the total and circulating supply. About Golem Golem (GNT) is a peer-to-peer decentralized marketplace for computing power. The project aims to be an alternative to centralized cloud service providers with its lower price point and open-source community of developers. The Golem network pools global computing power and enables users to access these resources with GNT. Token holders pay resource owners to complete tasks requiring computational resources. The network is composed of the aggregated power of user devices. Golem is reportedly able to compute tasks that run the gamut from CGI rendering to machine learning. Transactions between participants are deemed to be safe because computations take place in sandbox environments that are sequestered from hosts’ systems. Source: coinmarketcap
GLong
by TradeTravelChill
Golem (GNT) Is About To Go Up 1 Level (Big Jump)Golem (GNTBTC) is moving and very likely to go up one (1) level on the next move... We are going to see a higher high compared to Feb. 2020 when the last peak was hit. We are strongly bullish on this pair. Any trading above 0.00000448 and the bullish bias remains. Conditions for change If prices close weekly below 0.00000448, we remain bullish long-term but the bears start to enter the picture... There can be lower prices before more up. We stay bullish above 0.00000328 long-term as this level marks the last low. Namaste.
GLong
by AlanSantana
20
GNTBTC Long term long opportunity showing the bulls have arrivedGNTBTC Good long term opportunity. Been in consolidation for a few months, creating a W formation within the channel. Completion of this pattern is happening now. Last night we poked above my area of interest at around 772 and I’m now looking for a solid bodied candle close above this area and then a retest on the daily which is where I will take an entry. EMA’s have crossed bullish and started to turn up also, giving me confidence in this trade. Many targets along the way from 68-over 570% potential profit. Will reassess at each level.
GLong
by TradeTravelChill