There is a possibility for the beginning of an uptrend in GNTUSDTechnical analysis:
. GOLEM/DOLLAR 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 49.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.147 to 0.114). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.147)
Ending of entry zone (0.114)
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= @ 0.2755
TP2= @ 0.3755
TP3= @ 0.4565
TP4= @ 0.6530
TP5= @ 0.8000
TP6= @ 1.1000
TP7= Free
Golem
[GNT/BTC] GOLEM COULD BE A GOOD INVESTIMENT [ POT PROF 70%-400%]#GNT / BTC ( Binance, Bittrex )
Buy Range : 0.00002200-2350
Stop Loss : Not recommend
Target 1 : 0.00003882
Target 2 : 0.00005084
Target 3 : 0.00008337
DAILY CHART :
- CCI is extending positive performance
- Big volume confirm uptrend
- RSI pointing up
- MACD continue performing very good
- STOCH climbing higher
- Supported by EMA20/MA50
WEEKLY CHART :
- MACD still on negative territory but its really near to turn into positive and cross
- STOCH is on movement which is positive
- CCI still negative but in a positive way to turn into positive on 2-3 weeks
- RSI already made a higher high
CONCLUSION
GNT is showing some positive performance on the last weeks/days which could suggest bullish reversal.
Prices are really cheap and risk/reward seems safe to make an investiment and wait for profits on my different targets.
Remember make your own decisions and development
Golem BIG GAINSI'm not too sure what golem is but if you zoom out and experience the macro it looks like most of its chart is a huge accumulation. Whales testing the demand and strength of this asset while they accumulate most of it. We'll probably be in the trading range for a long time but because of it's nature I think golem might be one of the projects that breaks out of the sh** coin market cycle. (no fa, just from a ta perspective). I've only been trading usdt pairs of altcoins while bitcoin has been in its downtrend because 6k isn't confirmed bottom yet and because I enjoy being stopped out in profit or a stable currency. BUT the btc pairs have been popping and now I found a chart that I'm fully willing to play. This coin likes to pump hard and fast!
Green boxes are entries. It might not make a spring where it leaves the bottom floor trading range (it's currently in) so I'll enter if it breaks out above it. (.00002769) I prefer to enter break out because bitcoin may need to visit one more new low and is highly volatile. I'm entering 15% above the price that it's in now because I can safely add my stop loss under the break out and because this is crypto and you can easily skip 15%. hehe
Target is .00005500 (100%) if things went right for bitcoin I would not be surprised if it makes it all the way back up to .00008134 (200%) (this is a swing trade judge it as its going. Don't get greedy though be careful. I can be very happy with just the 100.
Disclaimer:
Not investment advice DYOR
bitcoin can go down and ruin this set up and you can also be stopped out in satoshis while they're also in a downtrend, without a stop. We don't have a confirmed bottom yet for bitcoin. Don't be reckless
This market takes your lunch. Put your stop in profit or immediately take some profit (when your trade goes right) so then your widened stop can't do damage.
If bitcoin poops, so does this chart. But you know this.
Buy your mom some flowers
GNT/BTC Breakout... MA's about to crossover...GNT looking to push out of the wedge and target 2650 Sats, MA's looking to crossover which signals towards a bullish movement and also MACD is looking bullish. After we reach the 2650 Sats possible pullback (Green Box) towards 2500 Sats.
Golem Gann / FibbsAlways been fond of this project, low key but is a survivor...
Here with a wide view, should see a reaction soon
GNT Towards $0.11..Each replication comes with a downside movement, 20MA touched and now reversing towards the downside. (Green Box) in play and it is the last form of resistance for GNT.. $0.11 is a strong support so should hold well, but considering BTC and the $5000 prediction and with near enough all altcoins following BTC movement, we could see GNT plummet further in the future.
GNTLong once out of channel or wait for breakout below for short term sell then longer term buy to the top
GNT Sideways..GNT one of the most undervalued Cryptos on the market has been trading sideways for a while now, both grey circles are key areas that if we breach either way will dictate the price, $0.115 has held up for the last support for GNT, if broke we could see single digits for the token. I do believe this Token is a $7 coin in the future.
Golem (GNT) Likely To Reach McAfee’s Target Of $5 By Year EndGolem (GNT) is up 10% for the day while the rest of the market bleeds. Normally, this would not be a big deal but the chart above for GNT/USD on the weekly time frame shows us exactly why it is a big deal this time. RSI for GNT/USD peaked around January 2018 as shown on the chart. Since then, it has been on a steady decline trading in a falling wedge. After an extensive correction of nine months, RSI for GNT/USD has finally broken out of this falling wedge to the upside. This means that Golem (GNT) is one heartbeat away from breaking the downtrend against the US Dollar (USD) and beginning a new trend.
Earlier this year, John McAfee had predicted that Golem (GNT) would reach a price of $5 in July. That did not happen then, but we now know the reasons behind such a bold assumption. The charts look favorable for a rally to $5 by end of year but the fundamentals of Golem (GNT) have to be solid enough for that to materialize. Back then we did not know much about Golem (GNT) but now that they have a working product, it makes sense to see that interest in Golem (GNT) is on the rise.
Golem (GNT) has made a lot of progress these past nine months. The same cannot be said of most other altcoins and ICO projects because the majority of them are either scams or useless tokens with no real use cases. Golem (GNT) on the other hand had a well defined use case from the very beginning but now it has a finished product that is ready to use. Golem (GNT) is focused on three things: computing power, rendering and machine learning. Individuals can run their computers to complete these tasks in exchange for compensation in the form of Golem Network Tokens (GNT).
Read My Detailed Analysis Here: cryptodaily.co.uk
There is a possibility for the beginning of an uptrend in GNTBTCTechnical 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 46.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. 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 (0.00002000 to 0.00001500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002000)
Ending of entry zone (0.00001500)
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= @ 0.00002700
TP2= @ 0.00003250
TP3= @ 0.00003750
TP4= @ 0.00004570
TP5= @ 0.00005420
TP6= @ 0.00006260
TP7= @ 0.00007470
TP8= @ 0.00009000
TP9= @ 0.00010440
TP10= @ 0.00016800
TP11= Free
There is a possibility for the beginning of an uptrend in GNTBTCTechnical 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 46.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. 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 (0.00002000 to 0.00001500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002000)
Ending of entry zone (0.00001500)
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= @ 0.00002700
TP2= @ 0.00003250
TP3= @ 0.00003750
TP4= @ 0.00004570
TP5= @ 0.00005420
TP6= @ 0.00006260
TP7= @ 0.00007470
TP8= @ 0.00009000
TP9= @ 0.00010440
TP10= @ 0.00016800
TP11= Free
gnt in accumulating zone for long term As we see at chat Gnt reached its historycal zone for accumulation between 1700-2700 zone will be goodd zone for long term trades months before start new cycle
dialy frame stoch Rsi show bearsh signal now my test last support
if want buy stop loss closling daily under 1700 -30% from current price
second buy zone will be at the new 4h support at 2100
last buy will be at 1700-1800 zone
for me i prefer wait retrace or buy if break next resistence at 2750 when test it
targets :
4100 70% from current price
6100 154% from current price
9000 275% from current price
remember : this idea not inevestment advice
please share me your idea about gnt/Btc in comment and if u agree with it give it agree
Still in a downtrend..GNT still in a downward motion and even a break out of this trend will only give bulls slight movement.. $0.11 still very much in play, $0.13 will become a strong resistance after being broke yesterday.
$GNT, Once Again…
Daily
Looking at our trend timeframe we see price is looking for a lower low support at 1500, stochastic rsi showing momentum is in favor of bears with no signs fo reversal. Waiting for a bounce off 1500 or a daily close above 2250. Until then sitting on hands and letting price action play out.
There is a possibility for the beginning of an uptrend in GNTUSDTechnical analysis:
. GOLEM/ETHEREUM is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
. The RSI downtrend & 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 (0.00066800 to 0.00061000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00066800)
Ending of entry zone (0.00061000)
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= @ 0.00073540
TP2= @ 0.00078350
TP3= @ 0.00085440
TP4= @ 0.00093080
TP5= @ 0.00103200
TP6= @ 0.00114110
TP7= @ 0.00135630
TP8= Free
There is a possibility for the beginning of an uptrend in GNTUSDTechnical analysis:
. GOLEM/ETHEREUM is in an uptrend and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
. The RSI downtrend & 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 (0.00066800 to 0.00061000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00066800)
Ending of entry zone (0.00061000)
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= @ 0.00073540
TP2= @ 0.00078350
TP3= @ 0.00085440
TP4= @ 0.00093080
TP5= @ 0.00103200
TP6= @ 0.00114110
TP7= @ 0.00135630
TP8= Free
GNT Downward Trendafter hitting my target of $0.13, GNT has broken support and is now acting as resistance, resistance is holding us at $0.136. A daily closure will take GNT towards $0.144 but looking at what is playing out $0.11 is more than likely.
GNT $0.13 looming once again.GNT holding a strong trend line towards $0.19 but buying power has weakened and is looking towards $0.13 once again and even lower.
GOLEM gains BTCGNTBTC pattern with the falling wedges, after brokethought same re-testing the ex-resistances, then flat and to the moon.
My $1k to $100k Challenge: Day 44 - Trade #47 GNTHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
After 44 days and 44 completed trades:
Wins: 20
Loss: 25
Balance: 0.1541 B
USD: $ 1034
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 44 trade #46
I invested 0.072 B into GNT. I bought 3171 @ 2270 satoshi
My Sell targets are:
T1: 2384 5%
T2: 2498 10%
T3: 2611 15%
I will sell 33% at each target. After a target is hit, that will become my new SL.
SL: 2100
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
GNTBTCFalling wedge reversal pattern of technical analysis, which manifests itself in a descending wave-like motion, the amplitude of which decreases.
A falling wedge is formed at the points of tangency to two straight lines that form an angle looking right downwards. The imaginary angle is the descending wedge. It is important to answer that to each straight the price should touch at least twice.
Exit from the falling wedge will help to test the resistance level on fibbonachi 78.6
All moving averages for long periods on sale
MACD ready to start rising