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Golembitcoin

GNTBTC forming bullish Shark | A good buying opportunity aheadPriceline of Golem / Bitcoin cryptocurrency is forming bullish Shark and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level. MACD is turned weak bullish from strong bullish and Stochastic is in bear cross but not oversold. In my opinion the MACD will be turned strong bearish soon and the stochastic might visit oversold zone at that time if the priceline will be in PRZ area and MACD will turned weak bearish from strong bearish and stochastic will give bull cross then it will be very safe to buy. I have used Fibonacci sequence to set the targets: Buy between: 0.00000605 to 0.00000594 Sell between: 0.00000619 to 0.00000645 Regards, Atif Akbar (moon333)
GLong
by moon333
GNTBTC has formed bullish Shark | Upto 353% expectedAfter successful formation of bullish butterfly the priceline of Golem / Bitcoin cryptocurrency has formed another harmonic bearish shark pattern and entered in potential reversal zone. From here the price action will take bullish divergence soon to hit the sell targets insha Allah. I have defined targets using Fibonacci sequence: Buy between: 0.00000824 to 0.00000556 Sell between: 0.00001443 to 0.00002519 Regards, Atif Akbar (moon333)
GLong
by moon333
1
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!
GLong
by Jay360
1
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.
GLong
by Jay360
1
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.
GLong
by Jay360
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.
GLong
by Jay360
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.
GLong
by Jay360
3
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.
GLong
by Jay360
Golem/Bitcoin analysis which can affect Golem/USD price actionThere are many Fibonacci techniques that can be used to anticipate changes in the trend. The one used is the Fibonacci time projection. It is not as accurate as Fibonacci retracements but can be used to warn of possible reversals or turning points in the current trend. Seeing upward price shifts taking place at the 0.68 Fib levels on the weekly timeline is very exciting as they coincide with the RIS and Stochastics which are circled in the chart. Speaking directly to investors and not day traders or swing traders at this point, there may be great technical evidence that we are ready to move upwards from the 0.68 levels. Though, money flow is yet to come in to showcase more convincing data for newer and stronger trends to the upside. Such moves are taking place silently as we accumulate at this stage. Positive action may be seen by the end of June as exciting developments will be introduced for Golem network. That means, both technical analysis and fundamental analysis coincide in such a perfect manner. Also, around the 5th of August the Golem trend falls at the 1.0 Fib levels which means its a good sign going forward. A lot of patience is required to hold out of such a powerful downtrend but similar to large cap coins like Bitcoin, it was only a few months ago that everyone felt the same they do with Golem today. Investors will harp on these opportunities and let the price action do their work. Smart money moves in today.
GLong
by Jay360
2
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.
GLong
by Jay360
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.
GLong
by Jay360
2
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
GLong
by ForecastCity
2
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
GLong
by ForecastCity
2