GNT Medium Term Analysis As GNT continues to consolidate above the $.08 support region It does appear to be coiling for a breakout higher. If GNT manages to breakout through the counter trend-line resistance I believe we should see a continuation higher. A break of the $.11 pivot level should lead to the $.13 and $.16 resistance regions over the upcoming weeks.
Golem
There is a possibility for the beginning of an uptrend in GNTBTCTechnical analysis:
. Golem/Bitcoin 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 35.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001850 to 0.00001555). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001850)
Ending of entry zone (0.00001555)
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:
Take Profits:
TP1= @ 0.00002250
TP2= @ 0.00002505
TP3= @ 0.00002955
TP4= @ 0.00003320
TP5= @ 0.00003750
TP6= @ 0.00004400
TP7= @ 0.00005280
TP8= @ 0.00006160
TP9= @ 0.00007400
TP10= @ 0.00009000
TP11= @ 0.00010440
TP12= @ 0.00016800
TP13= Free
There is a possibility for the beginning of an uptrend in GNTBTCTechnical analysis:
. Golem/Bitcoin 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 35.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001850 to 0.00001555). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001850)
Ending of entry zone (0.00001555)
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:
Take Profits:
TP1= @ 0.00002250
TP2= @ 0.00002505
TP3= @ 0.00002955
TP4= @ 0.00003320
TP5= @ 0.00003750
TP6= @ 0.00004400
TP7= @ 0.00005280
TP8= @ 0.00006160
TP9= @ 0.00007400
TP10= @ 0.00009000
TP11= @ 0.00010440
TP12= @ 0.00016800
TP13= Free
GNT nearing strong support areaSet a buy at 1935. Lots of areas of support.Seems like more areas of upside than downside, especially on the higher time frames.
Order got hit. Let's see where this goes.
GNT looking ready to blow!!!GNT pulled back perfectly into support, tagging the 100MA and bounced right back
We can see it breaking back above support and could make its way back up to resistance and move higher to other targets!
Thanks guys!
Golem Displays Huge Volume (360% Profits Potential)Golem's volume has been increasing massively in the past few days, and it is already moving.
Looking at the moving averages, we can see that EMA10 had a bullish cross of EMA50 and EMA100, this is a really strong bullish signal.
We have a trade active for this pair, GNTBTC, which can be found here:
This is a friendly reminder so that you too can profit from this altcoin... Remember to hit like.
Thanks a lot for reading.
Namaste.
GNTUSD Bullish , never returning to 0.06$.As i saw the Community liking my XRP Chart, i wanted to give everyone another very lovely scenario in the Crypto Economy.
This is another Cryptocurrency that has broken loose of the chains of bitcoin's bear market as well as XRP wich i forgot to mention in my last post.
Golem , better known as GNT, has been sitting on its bottoms for quite a while in the BUY-IN region of 0.06$ and is now heading to its first region of 0.30$ . if we break and retest this level we are in for more appreciation in value for GNT.
PS; I am just showing the basics here to not confuse people , and give everyone a clear view.
Deeper insight, levels & analysis are only given to students of AR Financials.
$GNT Big Picture: Falling wedge that could last till end 2019$GNT @golemproject
Big Picture: Falling wedge that could last till end 2019
Moving into the daily activity
Volume rised substantially over the last days/weeks
Reached upper trendline
Crossed over EMA100, now retesting it
Volume falling.
RSI & MACD deciding
ascending trendline acting as support
#GNT
Golem GNT/USD in accumulation zone. Perfect time for buying. Time to accumulate some tokens for this next bull continuation. Gnt excellent price right now.
GNTBTC 1DGolem is going fine, but a little risky for now. Thought can be bought for medium term. Don't forget to profit realization,
Be careful, break a leg!!
GNTUSD Buy signal/ 38% profit opportunityPattern: Break-out from the 1D Resistance.
Signal: Bullish.
Target: 0.11500.
There is a trading opportunity to buy in GNTETHTechnical analysis:
. GOLEM/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00048100 to 0.00042600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00048100)
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:
Take Profits:
TP1= @ 0.00056000
TP2= @ 0.00060080
TP3= @ 0.00063700
TP4= @ 0.00070920
TP5= @ 0.00079680
TP6= @ 0.00088390
TP7= @ 0.00100870
TP8= @ 0.00116800
TP9= @ 0.00140600
TP10= Free
GNT Swing TradeGolem held the weekly support level at $0.055, forming a potential double bottom. If GNT can see some buying and a break of the $0.08 neckline/resistance level, I believe further upside may follow. If that is the case I will target the $0.09 and $0.10 levels, which align with the 0.27 and 0.618 fib extensions.
Descending channel Really close to ATL price and support.Descending channel Really close to ATL price and support.
I couldn't find any triggering event for @golemproject on the upcoming weeks/months.
Anyway we can expect a potential bounce from th3 1540sats level. Wait for confirmation. I will update if something changes
New All Time Lows$GNT #Golem Broke down from a descending triangle and now is at new all time lows....
After the drop we found some big pressure in volume to 1675sats. If this level cannot hold, next target can be 1422sats. If you are a hodler of #GNT, please be careful and protect your capital!
GNT up to 1646% PPT! Long term tradeGreen - buy. Red - sell.
GNT completed the cycle and now finds itself in the accumulation phase so it's perfect time to buy.
Golem already has a working product and a good community support.
It's not a financial advice.
Trade carefully and good luck!
Daily Bullish Signal $GNT #GNT (24 Jan 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
KNC - LONG - Trade OpportunityBottom confirmed with a bullish div and good volume. Coinbase possible listings.
Entry: 0.00003795
1st Target: 0.00003992 - 5%
2nd Target: 0.00004268 - 12%
3rd Target: 0.00004398 - 16%
SL: 0.00003619
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There is a trading opportunity to buy in GNTETHTechnical analysis:
. GOLEM/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00050000 to 0.00045000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00050000)
Ending of entry zone (0.00045000)
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:
Take Profits:
TP1= @ 0.00056800
TP2= @ 0.00060600
TP3= @ 0.00063700
TP4= @ 0.00071300
TP5= @ 0.00080000
TP6= @ 0.00088700
TP7= @ 0.00101100
TP8= @ 0.00073500
TP9= @ 0.00089900
TP10= Free
[GNTBTC][950% PP] Golem’s Full Long Trade w/ @alanmastersGolem (GNT) Overview
Golem is the first truly decentralized supercomputer, creating a global market for computing power. Combined with flexible tools to aid developers in securely distributing and monetizing their software, Golem altogether changes the way compute tasks are organized and executed. By powering decentralized microservices and asynchronous task execution, Golem is set to become a key building block for future Internet service providers and software development. And, by substantially lowering the price of computations, complex applications such as CGI rendering, scientific calculation, and machine learning become more accessible to everyone.
Golem Trade Analysis
Golem (GNT) has really good potential and the charts are looking good. Contrary to other altcoins, it hit its highest peak this year in May rather than January and its all time high was set back in June 2017. On this trade, we will aim for January’s peak… Let’s s trade!
Weekly chart:
Golem Trade Instructions by Alan Masters
Buy in: Up to 0.0000190
Targets for GNTBTC by Alan Masters:
(1) 0.0000213
(2) 0.0000246
(3) 0.0000296
(4) 0.0000333
Longer term.
(1) 0.0000385
(2) 0.0000433
(3) 0.0000463
(4) 0.0000511
(5) 0.0000588
(6) 0.0000643
(7) 0.0000714
(8) 0.0000798
(9) 0.0000917
(10)0.0001050
Stop loss: Close weekly candle below 0.00000156.
Capital allocation: <10%.
ENDLESS OPPORTUNITIES, EARN MORE
When you are starting to trade cryptos you can see lots of “missed” opportunities, and sometimes you see huge swings in different coins and you are tempted to join, out of emotion / fear / FOMO, which can lead to bad trades. First know that this market offers endless opportunities, and there will always be more. You can see how that plays out daily by looking at the stats and charts on different exchanges. So it is better to wait for the right opportunity, rather than rush and lose.
If you are starting out, the best strategy is to buy LONG, looking to buy as low as possible so that you won’t have to deal with technicalities as experts have to when they trade on highly active markets. The other advantage of buying at the bottom is that, when the breakout happens and a new trend starts, you can choose to sell whenever you feel comfortable with your profits.
So I look for opportunities where coins reach their “bottom”. Buying at this bottom highly increases your chances of getting out with a profit.
You can read the charts candle sticks, use indicators and chart formations to gain knowledge as to what might happen next. But remember, all of these are just signals, one cannot predict the future in these markets, but we can definitely make an informed trade which can increase our chances to earn.
Namaste.