GNT 2HR ChartSmall resistance on $0.148 but after that we will be going down towards $0.12 then we should see $0.10 for sure..
Golem
GNT Huge resistance....GNT had a huge support at $0.19, as you can see this area has been tested a lot over the last 15 months and it has broken and now that has become the resistance and its a huge one, it will take huge buying power to take it over this..
GNT Possible Outcome.GNT finding resistance at $0.17 and will struggle to overcome that in the short term, after a %22 gain today we will see a sideways movement in the region of $0.14/$0.15 then we should be seeing $0.10..
golem abc alliot must be complete and wedge can be broke and bring us a good profit. cycle on chart is show us the downtrend will be terminate very soon,
good luck and if this analyze deserve alike press that.
GNTFalling Wedge
Targets on green
Thanks to 'theheirophant truckloadtrader' for his Bottom finder indicator... pretty cool.
Educational Only (im learning)
If you like my ideas, please hit Like, leave a comment, share them and follow me for more!!
GoodTrade
-CJ-
GNT Long-Term #GNT #GNTUSD #GNTBTC #GolemLong-term outlook on Golem is looking bullish. A lot of these altcoins are ready to move in my opinion so it is a good time to enter!
A trading opportunity to buy 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 42.
. While the RSI 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 (0.27 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.27)
Ending of entry zone (0.18)
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= @ 0.36
TP2= @ 0.40
TP3= @ 0.50
TP4= @ 0.58
TP5= @ 0.65
TP6= @ 0.76
TP7= @ 0.90
TP8= @ 1.38
TP9= Free
A trading opportunity to buy 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 42.
. While the RSI 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 (0.27 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.27)
Ending of entry zone (0.18)
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= @ 0.36
TP2= @ 0.40
TP3= @ 0.50
TP4= @ 0.58
TP5= @ 0.65
TP6= @ 0.76
TP7= @ 0.90
TP8= @ 1.38
TP9= Free
(GNT/BTC) Huge Ascending Triangle with Bullish Divergence.Entry 3900
Stoploss 3699 (-5.15%)
Target 1 8960 (+129.74%)
Risk Reward 25.17
Target 2 16161 (+314.38%)
Risk Reward 61.00
Disclaimer, my post are my own ideas, not financial advice.
GOLEM-BTC - FALLING WEDGE REVERSAL!!GNT is trying to breakout of the falling wedge. Notice that it is moving slightly under EMA(12). If it is able to break above it then we can expect some upwards movement.
Alternatively, if it is unable to breakout of the wedge then it will fall down towards the bottom of the wedge to the next support region from where it will try again to move upwards.
Please see the chart, everything is marked on it. The profit taking targets can be next Fibonacci levels.
(The EMAs still need more time to develop though since it is a lagging indicator).
Developing MACD:
Volume:
(I can post the chart with in depth analysis using indicators if people need it, but as for now, this should suffice.)
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
GOLEM: Profit PotentialGolem has finished the ABC correction and is ready to form wave 3 which has huge profit potential
#GOLEM #BITCOIN #BITCOINPRICE #TRADINGGolem is going through a channel. RSI seems to be into an ascending wedge so it suggest that price could rise up.
Profit target:
- 6110 Sats
- 7000 Sats
- 8600 Sats
GNT Cup and HandleIf this plays out, which appears to be likely we are going to see GNT consolidate before shooting up to the .618 extension levels around .41.
I'm looking at a re-trace due to the oversold RSI levels and a bounce off of the .5 fib re-tracement levels.
*Fingers Crossed Kappa*
$GNT, Running Smooth…
Weekly
Looking at our trend timeframe we see price forming higher highs and higher lows. GNT has recently bounced off our 5000 support zone, stochastic rsi showing momentum heading down, however price showing otherwise.
Daily
Shifting over to our pattern timeframe we see price currently being rejected by our resistance at 5500. Stochastic RSI showing momentum has peaked out and we should be price falling temporarily. A daily close above 5500 activates our trade.
$GNT (Golem) LevelsImportant levels for $gnt .
also, pay attention to this low RSI .
let me know what do you think about it.
Thanks.
GNTBTC: Buy Opportunity - Strong Trend & Hidden Bull DivGolem has established an uptrend against Bitcoin (higher lows, higher highs) and is forming a hidden bullish divergence which is a strong signal that the trend will continue upwards. S1 and S2 are strong support levels if this level doesn't hold.
GOLEM: GOLEM BETA 0.16.0 & TECHCRUNCH ARTICLE - PROFIT = 20.90!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 20.90% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 10: Golem launches a a beta version of their DApp onto the mainnet (Brass Golem Beta 0.15.0). The Main feature of the new release is the support for the Ethereum mainnet. You can now connect Golem to the Ethereum mainnet and earn/spend real GNT for computations.
April 13: Upbit (Korean Exchange) lists Golem.
April 24: Golem launches Brass Golem Beta 0.15.1.
April 27: Binance list Golem ( GNT 0.16% ).
May 2: Bitthumb, one of Korea's largest cryptocurrency exchanges adds Golem.
May 3: India's largest exchange Zebpay with 3 million users adds Golem.
June 4: Golem gets mentioned in Techcrunch.
June 6: Golem announces release of Brass Golem Beta 0.16.0. This adds the following features:
Different, optimized cryptographic methods for message signing and serializing
New additional settings for choosing providers based on their performance
GNT is converted to GNTB as soon as possible: in previous versions, GNT was automatically converted to GNTB when it was necessary, Ie. when a user was trying to add a new task. This conversion will happen earlier, right when there is enough ETH to cover the gas price.
Bugfixes & optimizations
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
*The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)*
GNT: Ready for bullish actionGolem is in correction wave 2 right now and has almost finished the ABC correction.
Next wave will be wave 3 with huge profit potential.
Golem VS Bitcoin Range TradingGolem has established a strong resistance at 8888 satoshi, that has been rejected 3 consecutive times. First in January, second on the 4th of May, and third just recently, on the 31st of May.
At the same time GNT/BTC formed the support level at 6k satoshis, previously rejected on the 23rd of May and confirmed by the 38.2% Fibonacci retracement level. The support area between 6 and 5.2k satoshis could play the key role in further price development.
Price still could get lower and perhaps test the 200 Moving Average or even 5.2k satoshis area. But only break and close below 5.2k level could confirm the presence of a downtrend. But as of yet, price is likely to continue ranting between 6k and 9k satoshis, and break above 9k level should confirm Golem bullish intentions and send price to new highs.
GNT - Golem CUP of TEALooking at the daily time frame a cup and handle formation is forming.
(This is not financial advice, this is a volatile market where anything can happen)
There is a second chance to buy in Golem/Bitcoin ....GOLEM/BITCOIN
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would continue.
*There is still a possibility of temporary retracement to suggested support line(0.000062). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.000062).
*If the support line at (0.000062) is broken, the forecast (continuation of uptrend) will be invalid.
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00002911(day close price) based on reversal candle (Valley & 2-Day Hammer ) at 03.19.2018.
Total Profit: 35907
Closed trade(s): 13367 Profit
Open trade(s): 22540 Profit
Closed Profit:
TP1 @ 0.000055 touched at 04.13.2018 with 2589 Profit.
TP2 @ 0.000077 touched at 05.02.2018 with 4789 Profit.
TP3 @ 0.000089 touched at 05.03.2018 with 5989 Profit.
2589 + 4789 + 5989 =13367
Open Profit:
Profit for one trade is 0.00007419(current price) -0.00002911(open price) = 4508
5 trade(s) still open, therefore total profit for open trade(s) is 4508 x 5 = 22540
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.000109
TP5= @ 0.000168
TP6= @ 0.000221
TP7= @ 0.000278
TP8= Free
Technical analysis:
Golem/Bitcoin is in a range bound and continuation of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 53.