The market has broken the bottom trend line and it's within the hard support zone. Last time the price was this cheap it bounced back and almost doubled the price. This is yet the best coin in the gaming space and there is no fundamental reason for the price to go low. RSI confirms it's oversold. Target price 700. Stop loss 350. I'll get in with 10% of my portfolio.
Looking at the 4h chart, there are no indicators for an immediate breakout, but the price is getting very close to the bottom trend line as well as the bottom part of the support zone. Considering the fundamentals of this coin and a number of master nodes that hasn't changed since the big pump I doubt the price will break the support zone and I decided to scale in...
There was a try for a breakout that just failed. The market wasn't ready just yet, thus we are seeing a correction and another test on support. Anything that goes below 60 will hit the bottom trend line followed by the hard support zone. Considering the market stability prior to the crash and low supply there will be a pull back. I'm going to buy anything that...
Hi guys, this is my first published graph - all comments welcomed.
I believe that the price of GNT will retest its resistance at 10k sat with the possibility to test the first fib level. RSI confirms it's oversold. I would set my first target at 10000sat and a down exit at 7500 (~1:4). If it breaks the support I will sell and cut my losses at 7500. I see the...
