When rebuy NLG? The answer is inside.Hey guys!
I have made a lot of analyses on NLGBTC which showed the upside potential, however, none of them came out to be right.
But then again, I have also given a clear stoploss! If you would had followed my idea, you would hadlost 10%, but you will now be able to buy 30% more NLG! But wait...
Should you buy now, or should you wait?
In general, the entire alt market is on hold and making space for Bitcoin to grow. So I will not buy yet. I will buy when:
1. A good moment to buy would be when NLG bounces off the first support trendline. (The upper yellow line). However, if this happens before we have crossed the blue line, then I would not buy.
2. If the yellow trendline breaks, a really good buy would be anywhere around 520. It has a major support on this level, and it gets additional strength from the long term support trendline. This is what I am waiting for now.
In both scenario's I will have a stop loss under 420. I do not expect it to go below, but if it does, it will go down another 25%.
Targets are basically all the lines that are above.
I have sold all my NLG at an average of 976 sat. I am planning on buying according to these two factors. Buying at 500-600 nearly doubles the NLG I had before!
I will keep you updated if anything changes (fundamentally).
I will gladly answer questions, so feel free to comment on my idea. Also, I would love to see your idea for NLGBTC (or NLGUSD).
If you like my work, a follow and thumbs up keeps me motivated!
Gulden
Gulden Upside PotentialSteady downtrend since May has resulted in a 60% loss against the USD, while the price went from $1.3, down to the recently formed low at $0.05. After hitting the low, NLG/USD went up and broke the downtrend trendline, along with the 50 Moving Average and the descending channel, all at the same time.
However, Gulden has rejected the 23.6% Fibonacci retracement level at $0.07 and went down to test 61.8% Fibs at $0.058. The Fibs support has also been rejected, and now it seems that NLG has stuck between those two levels.
At this stage the range trading might continue for days, but it is important to watch for the breakout, either above the resistance or below the support. Break above the resistance should send price up to 76.4% Fibs near $0.1 psychological resistance. While break below the support is likely to result in a double bottom formation near $0.05 or even the downtrend continuation.
Chart says it all, falling wedge = bullish patternStill room to go down a bit, but a bounce could be any time now, most likely to $0,075
Also highly oversold coin
[NLG] Huge opportunity now Gulden 2.0 has launched! <PoW²>This is a follow-up on my previous analysis.
I have added a new consolidation line which I did not see last time.
Breaking through the lower blue consolidation line could lead to a rally towards the upper consolidation line.
If you did not buy NLG yet, now is the time I personally would.
Buyzone:
Anything between 1000 and 1250sat.
Targets:
1 - 0.00001390
2 - 0.00002000
3 - 0.00003532
4 - 0.00005000
5 - 0.00006800
6 - 0.00011800 ++++ (Long term possible if it gets in the White Area. I would never sell before reaching this target if it is in the white area.)
I have a stoploss somewhere between 900 and 1000 sat.
Last note:
This coin may be one of the few high potentials to go long on in 2018. I personally wouldn't go all-in, but I have enough to enjoy the ride.
Information on Gulden 2.0 can be found here: dev.gulden.com
Gulden VS Bitcoin Established Strong SupportSince 10th of March, when Gulden found the low at 1030 satoshis, price has been ranging between that support and 1400 satoshis resistance. At least 3 times NLG/BTC rejected the support, with the most recent bounce occurred on the 19th of June.
It seems that after that, price broke above the descending channel, signalling on a potential trend reversal. NLG found the local high at 1170 satoshis and today trading near that area. Till now, it failed to break above and produce a new higher high, thus, there are still doubles about the reversal potential.
But, if it managed to break and close above the probability of the reversal will become much higher and this could trigger wave up, towards the previous resistance at 1170 sats. Then, if broken NLG should continue moving higher towards the key resistance level at 1820 satoshis.
But there is also an alternative growth scenario. If price stays below the local high, Gulden, might go down and potentially produce the spike below the previous low, formed back on 14th of May, and only then begin the correction, or a reversal.
Buy GULDEN nowI think personaly that Gulden has reached the bottom. So with that in mind now is the time to buy Gulden, NLGUSD or NLGBTC. We reached the downside of the trendline I've drawn. Also we reached the end of a wedge wich is building for a long time now. If we project the grwoth that Gulden made before you can see my prediction in an optimal situation based on support and resistance points we've had before.
Also if we take a look at the news for Gulden: The new release of Gulden 2.0 will be at the 28th of june. Gulden is allready in use as payment method in the Netherlands, with the new release I think there will be more atention for Gulden than before. So now is a good time to buy!
gulden bitcoin crypto, gulden.com to bitcoin uptrend channelAlso if we take a look at this bitcoin-gulden technical we can see that the gulden is ready to go further up and make some pretty steap swings. Also see my analysis on the gulden-dollar
Not also do I believe in the gulden coin from gulden.com but also if I look at the technicals I think there is a potential big upswing possible for this cryptocoin and cryptocurrency. The gulden coin is allready a used payment method in the Netherlands is is now expanding to other europe countries. Since it is still a very good price compared to other used crypto coins there are lots of possibilities here.
Still extremely bullish on NLG (Gulden) - 1000% profit potentialIm glad I found this coin back in 2016. In todays crowded cryptomarket it's easy to miss this one. That's why I am bringing some attention to the amazing potential of this coin.
Chart information:
The NLGBTC chart is totally different from all other cryptocurrencies, which all seem to enter a long-term bear market.
Just compare it to any other altcoin. They all seem to follow Bitcoin. Gulden does not. Just take a look by putting them next to eachother.
The chart is showing an accumilation phase which started in the end of februari.
If it breaks the 1st support line, a rally towards the next support line of 2160 sat is next in line, and/or it may test the consolidation line, be aware of that.
It looks like 1000sat is a strong support, however, if it break, it may fall all the way back to 500sat, so be cautious.
Gulden update:
A huge update is right around the corner. On the 28th of June, Gulden will implement its developed PoW² update along with some other updates. I will explain the update in short bullet points. If you wish to find more information on this update, please take a look at the websites mentioned below.
The update brings :
- Gaining interest by locking your Guldens (Witness) - 100% Safety.
- Increased protection against double spends.
- One or Two confirmation transaction (with secure 0 confirmations in the near future being possible - PoW² II).
- 4 times the capacity of Bitcoins network.
- Sonic: Wallets are ready to use in minutes instead of hours.
Buyzone:
Anything between 1000 and 1250sat.
Targets:
1 - 0.00001390
2 - 0.00002160
3 - 0.00003532
4 - 0.00005000
5 - 0.00006800
6 - 0.00011800
I have a stoploss somewhere between 900 and 1000 sat.
Last note:
This coin may be one of the few high potentials to go long on in 2018. I personally wouldn't go all-in, but I have enough to enjoy the ride.
For more information on Gulden:
Website: gulden.com
Technical information/developers: dev.gulden.com
Telegram: t.me
Slack: guldencommunity.slack.com
Whitepaper: guldenpagina.nl
Disclaimer.
This is my personal vision, and is neither a buying or selling advice.
NLG Breakout?Is this a NLG breakout?
1000 Sat seems like a strong support.
Hard to say... NLG holders focus a lot on EUR price.
GULDEN IS NEXT ONE FOR MASSIVE JUMP ( ART PIECE )HISTORY ALWAYS REPEAT BUY AND WAIT FOR MONEY AND BIG GAINZ
NLGUSD ready for new highsAfter a period of corrections it looks like Gulden is ready for new highs. The traded volumes where allmost flat-out, so it looks like the correction is done. We build energy to make new highs. We reached on the downside an older support/résistance area, so this could be a good turning point
Gulden coin - gulden.com - goin for new highsThe Gulden is coin is getting more and more accepted as payment method i the Netherlands. Also it is picked up in international forum and crypto groups. As we are in a good almost exponential uptrend we are looking for new highs. The last high was a psychological $ 0,50 area. As we can see if we look at the fibonacci levels the potential high is now about $ 0,65. I think we go much higher, but it is a good first target for this dutch crypto.
Gulden Breaks Above The ChannelGulden found the bottom at 500 satoshi and started to move higher breaking above the 200 Moving Average. After the breakout price corrected back and rejected both the 200 MA and the uptrend trendline.
The next wave up followed and NLG/BTC broke above the descending channel suggesting the uptrend has started. Considering that the price was rising sharply it is possible that Gulden will take a break and consolidate for a little while, but the immediate uptrend continuation is also possible especially after price rejected the upper trendline of the descending channel.
The first target is seen at 6k satoshi, that is 38.2% Fibonacci retracement applied through the all-time high. The second target is 7.7k satoshi that is 50% Fibs that goes inline with a 361.8% retracement level of the Fibs applied to the last corrective wave down. Only break and close 500 satoshi could invalidate bullish outlook.
NLG updateNLG heeft onze eerste target al gehit, en is onderweg naar de tweede! Als het goed is heb je de helft verkocht op 100% winst, afhankelijk van je entry. Dat betekent dus dat je nu alleen nog je inzet (of net iets meer hebt). Dit lijkt tot nu toe een perfecte trade! HODL strong!
The comeback of GuldenSince januari 1 of 2002 people in The Netherlands had to start paying with the Euro as their main currency. Before that, the Dutch had the Gulden as main currency. Many Dutch inhabitants miss the Gulden because when the Euro was introduced, prices were increasing (Gulden was a much more sturdy currency).
With all this in mind a Dutch company created a cryptocurrency named Gulden (NLG). It's main purpose: paying method. The company wants the Gulden to become the main way of paying once again. A beautifull story, but they're not alone. So what makes this coin so different from the others?
As we speak they're working on Gulden 2.0, and it has some awesome specs: read about it on dev.gulden.com .
Besides this, I found out that Gulden might be one of the most user friendly coins out there. Their wallet is easy to download and use and they have a beautifull and simple exchange: www.nocks.com . A lot of people have trouble understanding how to get crypto, but Gulden makes that a problem of the past.
On to the chart: clear triangle with great long and short term (short term will be posted as a comment) potential. With a market cap of only $95.306.917 USD, Gulden has a lot of room to grow.
Price target will be updated asap...
NLG - Gulden 1000% potential profit if broken (Shitcoin - Risky)If the trend line is broken we might be looking at 10x profit.
Really Risky!!!
Gulden (NLG) - Possible Strong Breakout (830% Profits Potential)Looks like many coins are becoming bullish for the new year. Looks like the beginning of 2018 will see a major bull run market wide.
This is good for all of us, as we can make money from most of these coins, with patience of course.
Gulden (NLG), is showing signs of a possible strong weekly breakout. This can be good for a nice run in the beginning of 2018 for this coin.