🎓#SpotTrade 🎓 $GNT / BTC 🎓
🔸Signal Info: Golem
Rank: #91
Direction: LONG
🔸Analysis: Golems year to date record looks stunning indeed. It has secured itself in the top 100 coins for now. The sell off following the 10k BTC rejection and the end of the altseason are fairly rough, but also gradual and steady.
The asset is up 58% ytd, Made a peak of well over 100% in February, and it has pulled back approximately 20% from the close of that high candle. We have seen three scattered daily green candles over the last two weeks, and todays candle appears to have broken through some kind of resistance at least.
Curved resistance lines were used here to bring emphasis to the gentle sell off. The price is moving off the 0.5 Fib line, almost to good to be true. Lines are pegged to the extreme wicks on the previous wave. Overall, this looks like a solid trade. We will keep the 3rd part open for some more extreme profits.
🔸Current Price: 621sats
❇️Entry: 621sats
🎯Take Profit: 744sats, 875sats, Open
🔸Stop Limit: 2590sats (-4%)
Rank: #91
Direction: LONG
🔸Analysis: Golems year to date record looks stunning indeed. It has secured itself in the top 100 coins for now. The sell off following the 10k BTC rejection and the end of the altseason are fairly rough, but also gradual and steady.
The asset is up 58% ytd, Made a peak of well over 100% in February, and it has pulled back approximately 20% from the close of that high candle. We have seen three scattered daily green candles over the last two weeks, and todays candle appears to have broken through some kind of resistance at least.
Curved resistance lines were used here to bring emphasis to the gentle sell off. The price is moving off the 0.5 Fib line, almost to good to be true. Lines are pegged to the extreme wicks on the previous wave. Overall, this looks like a solid trade. We will keep the 3rd part open for some more extreme profits.
🔸Current Price: 621sats
❇️Entry: 621sats
🎯Take Profit: 744sats, 875sats, Open
🔸Stop Limit: 2590sats (-4%)
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