Golem Pump and Dump Coin Analysis!!Golem a decentralized computation network coin rival of Sia coin is considered to be one of the profitable coins for scalping.
Since 2017 after it was introduced it has shown great fluctuation in price
The best buy opportunity was between 460-480 Sats
Now again it is giving us multiple opportunities for quick 12-15% profit
Buy @ 540-550 Sats
Sell anywhere between 600-630 Sats
TIght Stoploss around 5%
Golemproject
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) technical and trend analysis. Golem is moving to the upside after a long and devastating bear market. The trend reversal can be viewed on the chart above as the moving averages go from an overall down trend (red) into the uptrend (green). This price action indicates with confidence that Golem has completed its bear market and is now in transitioning in the other direction. You may see a few downtrends here or there in the green regions but that is totally normal as we recover from a exhausting bear trend. Smart money moves in today so keep your eyes on the prize. Enjoy.
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.
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.
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.
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.
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/Bitcoin (29 May) #GNT $GNT #BTC $BTC#BUY #WAIT
GNT is moving in all good formations : Bullish Flags in big timeframe and small timeframe, but there's still a chance to drop down to 1000sts so you should leave your money to prepare the bad case.
Current Price : 1213
Buyzone : Close to 1000 as possible
Sellzone : 1400-1600-2000-2300
Stoploss : Below 1000
GNTBTC 1DGolem is going fine, but a little risky for now. Thought can be bought for medium term. Don't forget to profit realization,
Be careful, break a leg!!
GNT HODL IDEA. My #1 HODL for this year. Excelent Prices for this year, black Friday everyone. Take in consideration this: This coin is in beta, The first time the company golem announce Beta the price arrived to 0.75 cents. In june 2019 Its going Alpha, DONT SELL ALL THE COINS. We can arrive to 5$ and more, just take a look at Neo, the coin was at 0.21 cents and two months latter it was $25. Its going to be a excelent year for the people who believe in Cryptos. Buy the coin in the green area, dont matter the price really, just buy it, the coin can sorprise you. HODL
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
Daily Bullish Signal $GNT #GNT GNT/BTC (11 Dec)BLUE ARROW indicates the EXPECTED Targets and Time
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GNT UP trend since 12th September.GNT has been in a slow but increasing price uptrend since the 12th of September. Purple zones are a strong resistance and difficult to get the volume to push on, MACD has crossed and we are looking to reach $0.20 within the next few days.
