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Nlg

The moment of truth for NLG, can it find some more bullpower? Watching $NLG action since early 2019. Gulden had a pretty heavy downwards spiral since 2018, as many other projects, and went as low as 61 sats. It had a nice run up to 268 sats in Januar this year, but couldn't find enough bullpower to go test it's old support levels of 355 sats. With the declining price of bitcoin, NLG is holding well so far in it's sats value. The moment of truth now has come to see if NLG can bring some bullpower to the bittrex market and aim to break and hold above the 200 sats. The MACD and the RSI have been moving in the right direction so far, but if there is a lack of some more bullpower, then it could be time for some retests of around 115 sats. My advice to newcomers is to wait and see what happens here. If down, then an entry between 110-120 sats would be a sweet spot to position yourself in. If NLG moves further up, join the ride towards a possible 1k sats mark. Either way, if you invest, make sure you look up the Dutch project. It has a strong and driven community and a greatly secure blockchain. www.gulden.com
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by UnknownUnicorn4621824
1
A Gulden opportunity! Resistances at 350 and 500 sat.As is the case with many other alts, Gulden (NLG) suffered hard from BTC's bullrun. Now has the time come for Gulden to shine once again. Looking at the 1 year chart and the MACD, MA-cross and the RSI, we notice that Gulden is almost on it's way to the 300-600 sats region. Buy at these low sats as we are heading towards the first resistances at 350 and 500 sat. If we break these resistances, FOMO can come in play and we may even see the 1000+ sats once again. The developers let us know that in less than 2 months time we will see Phase 4 go live with the use of a new Gulden specifically alteration of Argon2 algorithm.
NLong
by UnknownUnicorn4621824
2
NLG Bullisch Breakout confirmed! Target 600 SATS, time for bullHello Guys, NLG broke bullisch out if its wedge, as I mentioned in my last NLG post. The target of this falling wegde is 600 SAT, which is very good news, but quite unreal for some who have seen a downtrend for the pas 2 years. Now the bulls must show some strength and push NLG there! It is also holding the 20 Day Moving Average as support, the last time it dit that was 2 months ago, this is also a strong sign that the bear trend has found a bottom. I would like to see some big green candles pushing us to above the 20 Week MA, to completely confirm the beginning of the bull trend. Trade safe!
NLong
by Cornevdberg
4
NLG decision day upon us! 600 SAT or 40 SAT?Hello dear followers, First of all I would like to say that Gulden is a great project from the Netherlands, it has a real use case, you can pay with them at numerous online shops and at the markets. The development team is very active and they are constantly looking for ways to make the chain stronger and the coin more user-friendly. However, this positive development cannot be said about the price unfortunately. I have made a TA on the NLGBTC chart. I see the possibility for two scenario’s, and I must say the no-one can tell which one will play out until we break the wedge pattern to one side. The bearisch scenario: Gulden is trading in an descending triangle, which has broken to the downside and has an extrapolated target of 40 Sats. Is has tested the 400 Sats with a wick and is has now become resistance clearly. The bullisch scenario: Gulden is trading in a Falling Wedge pattern, like many altcoins do at the moment. This is a bullish pattern, but means nothing until we break it to the upside. When we do so, it has a target of 600 Sats. Also the ADX and DI had a bullish cross, but the lines are already coming closer to each other and the momentum is also decreasing. So this is an exciting time, which scenario will play out? You can also take a look at my BTC idea and possibly leave a like. Trade safe!
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by Cornevdberg
4
Support and resistance levels NLGBTCBlue lines are monthly support levels back from 2014. Red lines psychologic support levels. Grey resistance orderblocks/targets. Green support orderblocks/targets. Holding black major support trendline. Breaking dotted smaller falling wedges. Seen a big spike on Bittrex 2 days ago. Maybe for manipultation or buy-in for trendreversal. Not sure. Still in a downtrend towards 100 Sat making HL and LL. (Higher lows and Lower lows). Waiting for the patern to break, meanwhile swingtrades are possible. Especially from major downtrendline price keeps bouncing.
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by Tradr-NL
1
Bull flag pattern? Will the rise continue?Congratulations to everyone who followed my trade. If you would had followed my previous trade, you should be enjoying around 40% profit. As I wrote before, it's time to analyse the market again and start looking for a new trade. I have drawn a Bull Flag pattern, which is the most bullish scenario that can happen for NLG/BTC. If the bull flag pattern follows through, we might see a climb towards the 800 region, possibly even testing 1000 sat. If you are a high risk trader, I'd start to accumulate and keep a tight stoploss (like below 390-415 sat). At time of writing this would be about a 10% loss. However, the reward could be a jump into 120%. I personally do not take this risk, I prefer to wait a little, in order to see if the bull flag persists. That's when I will quickly buy and enjoy the ride. I'll try to keep you updated.
NLong
by Poopieman
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.
NLong
by CryptoPAMM
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.
NLong
by CryptoPAMM