Golem Still playing in the ChannelGolem still playing around in that consolidation channel. Looks like a long to me
.06 to .12
Marc
Golem
GOLEM/GNT - ACCUMULATIONGOLEM is consolidating within the range of the ascending triangle borders.
We can talk about the accumulation phase. It's a very attractive option for the long-term.
GOLEM (GNT): Let me here your voices comrades! We coming bby...All I can say is sometimes in life you must be patient and JUST BELIEVE after you put all strategies in place. We play this market like strategists never thought. While the FOMO is in Bitcoin (which I love but it's bubbled up) we're putting our money on the right assets such as the #Golemproject. This is where you win the most gains when everybody is shattered in disbelief but you're soldiering on. Bobby Knight. “The key is not the will to win… everybody has that. It is the will to prepare to win that is important.” We come out of the shadows like lions and eat this thing alive. I love this game!
Golem (GNT): Support & Resistance with Elliot Wave Forecast. The forecast above shows how price action may be possibly moving in the short-to-medium term.
It may not be 100% accurate in terms of where the price or time falls but certainly gives an outlook as to where the market is headed.
Golem (GNT) is moving perfectly in the triangle formationWe are seeing promising developments with Golem and these are potential life changing opportunities for those following such a project.
Golem (GNT) trend analysis sees progressive positive movesThe information is clear in the chart above.
It's slow progress but moving in the right direction as expected.
Once volume comes in GNT will move significantly.
Golem (GNT) TA with moving averagesThe chart above shows the moving averages and trend changes in the price action. While many are skeptical that we may be still in the bearish trend it cannot be denied using these moving average indicators. Most of the time we see small trend reversals pushing price action down for a while and that is totally normal. The momentum is still weighed heavily to the downside and only recently started to shift in the other direction.
It happens with all bear markets where fear grips peoples minds to such an extent that smart money moves in while they least anticipate it. Traders who have been long in the game are patient, prudent and eagle-eyed in the way they make decisions. I mean, all the trade analysis I've done for Golem to this point should at least give confidence and convincing data by now that we are moving upward. Side way movements is possible and that's no issue as sooner or later that uptrend will take place.
Be smart in how you invest your hard-earned money and don't follow every Joe Blow's analysis blindly. If something doesn't make sense or look right then investigate into it. As for these analysis they're here to educate and help investors clear out their doubts. Neither have I an association or am getting paid by the Golem team as I don't know any of them personally. I'm just stating the obvious and analysing charts because this project resonates in me.
Enjoy.
Golem projection is heading towards promising lands Please like and share on your social media pages. Get following :)
The price action of Golem with the weekly resistance levels shows that we are nearing the first leg upward. Golem/USD sees promising outcomes as the trend is in favor of the bulls after the accumulation stages. Please don't listen to the garbage out there that ALTCOIN markets have ended. We understand that Bitcoin is king but that does not nullify the entire market. If no competition exists and only the top 20 cryptos in todays market shape the future, do you think its a healthy space to be in altogether?
The answer is simple, ALTCOINS with crazy future potential such as Golem can further mankinds progress in science, medicine, astronomy and other vital fields which require supercomputers that can do phenomenal tasks. This project is possibly more important than many top 20 projects whose coins act as holders of value and nothing else. Think long-term with Golem as the coming development updates next month will bulldoze the price action through the walls of resistance like a knife through butter.
GNTBTC: Cup & Handle Formation on the daily chart?After various views regarding the #GNTBTC price action and recent updates on the @Golemproject twitter account, charts look ripe to taking off following a SLIGHT pull back that may occur. This is not Bitcoin guys and GNT moves at a slower pace so one must consider that they won't get a quick return on their money as with large cap coins. Although, for investors who look at long-term trends and data will be hawkish on Golem at this stage... I mean hawkish! There is great potential moving forward and chart patterns show many trends for a bull run following the accumulation phase (see earlier posts). The MACD is showing impressive momentum upward giving more evidence of the shift in trends in coming weeks.
The only reason this coin is attractive is because of its rarity in the whole crypto domain and the team behind Golem are great. It shows how much future potential there is for this token to become something fruitful if patience rules the day. Remember, you are not only investing to make profits but your investments today are shaping the future of mankind in its entirety. So projects like these can be undeniably powerful and being involved in them is just as exciting.
The accumulation is over for #GOLEM #GNT?This incredible project call #GOLEM has been under the 0,20ctvs. since August 2018..!! reaching the bottom in the 0.05ctvs, with good news for this project araund the corner the price is reaching 0.11ctvs (wich cannot break since November 2018). We are aproaching to prices with a lot of volatility, due the large consolidation the price can reach easily the 0,20ctvs (90% from actual price).
A break of the 0,20ctvs can mean a lot of volatility for #GNT like the old days, just check out the weekly and the monthly chart and see the big picture. Anyway adapting to the current volatility we need to wait for a clear breakout of 0,11ctvs for confirmation to the upside.
GNT/BTC: Phases that come before the bull runAs many have lived through one of the harshest cryptocurrency bear markets in 2018, they should expect to start seeing the light at the end of the tunnel. For ALTCOINS like Golem (GNT) which are in the prime stages for the next bull run there is no looking back.
As the Graphene developments come into effect in coming weeks, we must expect the patterns as seen in the charts above. Otherwise, knowing Golems very volatile nature, it can break through many past resistance levels quickly. That means, what's presented above can see more violent action in the expansion phase in the case of a strong upsurge.
Keep in mind that GNT is among one of the stable coins that survived the harsh BTC bear market in the past.
GOLEM/BTC: 50 DMA turning to Support As seen in the chart above, the 50DMA which was pushing the price down heavily for the past 64 days is now becoming support. It's further indication to the bullish end as the price actions breaks out of its mid-May bottom. The price of Golem/USD has been on the rise as a result of the movement of the pairs between GNT/USD. With such trends, there is healthy momentum and volume gained over the past day or so and minor price pumps are starting to occur. Stay invested fellas, Golem has great potential and is one of my favorite coins.
GNT/BTC: Technical analysis of possibly strong upsurgesThe first indicators presented shows the Bollinger Bands becoming narrower while having price action moves above the 20-Week MA and the standard deviations curves widen apart. This is a positive predictor of a powerful trend to the upside. Knowing BINANCE:GNTBTC has high volatility which causes rather large wicks to occur and having smaller candle bodies, it can be a possible outcome too in that we only see a big wick upward once again. These can be signs of the recovery process following a powerful bear market.
Another indicator has been provided which never fails in telling the directional trends. The Average Directional Index (ADX) and Directional Indicator combined together are powerful tools. On the chart, the DI is showing an upward trend with a rather weak ADX. Although, the ADX crossed the 25 ADX value which means it is in a strong trend up with room to become a very strong trend or even extremely strong trend down the line.
So there is no doubt that we are in an upward trend using these indicators. The month of July looks promising to see greater movements for Golem network as their developments of Graphene for Intel Software Guard Extensions (Intel SGX) - a software that can significantly increase the security and privacy in the Golem network and in the Blockchain industry as a whole will be rolled out. Stay tuned and keep a good lookout for these game changers in the Golem price action.
GNTBTC take a look no investment Volatility is back.#GNTBTC
Can go lower (1010 - 1020 ) incase of btc dump.
Two thing to watch
1) 1010 -1020 can be early entry and a good support for this coin.
2) check closing if close above 1110 than a very good investment.
BTC volatility is back so don't buy it now just worth to watch.
GNT/BTC - Golem/Bitcoin ready to move upwardSeeing the trend on a larger timescale the BINANCE:GNTBTC shows that it is ready to break out of the large triangle structure having impressive potential to the upside. Although, it may take time to get to the higher price ranges as they were previously and volatility is high in the current market, it doesn't mean the investment is nullified. The Golem market has suffered heavy declines since its all time high seeing a 91.22% decline since then. The best time to buy is when fear is in the minds and seeing the rarity of this project it's got a lot of drive to climb the ranks in the crypto markets. Although, the market cap is small it will turn around as confidence and money influx comes in the equations.
The Fib's are seeing impressive targets at 50% levels being 0.00001612, followed by the 61.8% level standing at 0.00001721.
Stochastic RSI and the RSI are showing upward movements
The price action is slightly over the 50 DMA resistance line which may become support
Future potential for a golden cross is on the horizon for GNT/BTC which means upside movement is plausible
Recently, the Golem project has shown some positive updates on their social media pages too and has promising future developments on their way, showing the project to be moving ahead progressively despite being slow.
Golem, accumulate and wait. Good news this monthGolem is one of my favorite coins for hodl, its not even alpha! Wait for the news and cost average. Never sell all your coins! or you are gonna regret it. Beautiful Chartism this month. The beak of the resistance is gonna bring us to 0.18 cents for first take profit.
GNTUSDnow I expect that GNTUSD will start its uptrend, as like this pattern
note that GNT is now more than 95% of its supply and this, will not extend!
buy in deep
keep eyes on this coin
GNT/BTC Long with 4.4 R/R: Im bullish on this project for the fundamentals and am happy to see a long set-up while BTC dumps.
I will trail my stop up to secure profits. Hopefully sell at target 1 and buy back in a little lower. Then keep a tight stop loss.
There's a lot of Alt Coin blood to buy right now so i don't want to stay in the trade long.
Golem/Bitcoin (29 May) #GNT $GNT #BTC $BTC#BUY #WAIT
GNT is moving in all good formations : Bullish Flags in big timeframe and small timeframe, but there's still a chance to drop down to 1000sts so you should leave your money to prepare the bad case.
Current Price : 1213
Buyzone : Close to 1000 as possible
Sellzone : 1400-1600-2000-2300
Stoploss : Below 1000
GNT/BTC - 30-minute chartTrend lines, Fibonacci target of ABC, give it some time big picture looks at big up retracement.
Good luck trading,
-TheTrex
GNTUSD Altcoin Golem Buy the rumor, sell the news In June we are going alpha with the golem protocol, Buying in my yellow box for massive acumulation before we are late. First target for cautious investors. im selling in 1$ and beyond
There is a possibility for the beginning of an uptrend in GNTETHTechnical analysis:
. Golem/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00045600 to 0.00042600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00045600)
Ending of entry zone (0.00042600)
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 the 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:
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TP1= @ 0.00050590
TP2= @ 0.00055300
TP3= @ 0.00059700
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TP5= @ 0.00070400
TP6= @ 0.00087600
TP7= @ 0.00115490
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