GNT
A New Trading Suggestion to Buy in GNTBTC ...GOLEM/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is possibility of temporary retracement to suggested support line(0.000055), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00002911(day close price) based on reversal candle (Valley & 2-Day Hammer ) at 03.19.2018.
Total Profit: 40047
Closed trade(s): 13367 Profit
Open trade(s): 26680 Profit
Closed Profit:
TP1 @ 0.000055 touched at 04.13.2018 with 2589 Profit.
TP2 @ 0.000077 touched at 05.02.2018 with 4789 Profit.
TP3 @ 0.000089 touched at 05.03.2018 with 5989 Profit.
2589 + 4789 + 5989 =13367
Open Profit:
Profit for one trade is 0.00008247(current price) -0.00002911(open price) = 5336
5 trade(s) still open, therefore total profit for open trade(s) is 5336 x 5 = 26680
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.000109
TP5= @ 0.000168
TP6= @ 0.000221
TP7= @ 0.000278
TP8= Free
Technical analysis:
Golem/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 73.
A New Trading Suggestion to Buy in GNTBTCGOLEM/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is possibility of temporary retracement to suggested support line(0.000055), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 8 BUY trade(s) @ 0.00002911(day close price) based on reversal candle (Valley & 2-Day Hammer ) at 03.19.2018.
Total Profit: 40047
Closed trade(s): 13367 Profit
Open trade(s): 26680 Profit
Closed Profit:
TP1 @ 0.000055 touched at 04.13.2018 with 2589 Profit.
TP2 @ 0.000077 touched at 05.02.2018 with 4789 Profit.
TP3 @ 0.000089 touched at 05.03.2018 with 5989 Profit.
2589 + 4789 + 5989 =13367
Open Profit:
Profit for one trade is 0.00008247(current price) -0.00002911(open price) = 5336
5 trade(s) still open, therefore total profit for open trade(s) is 5336 x 5 = 26680
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.000109
TP5= @ 0.000168
TP6= @ 0.000221
TP7= @ 0.000278
TP8= Free
Technical analysis:
Golem/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 73.
Banderin alcista GNTSe observa un bandedin alcista en el par BINANCE:GNTBTC , con su respectivo pullback, encuentro que es el momento perfecto para poder entrar podemos encontrar 3 puntos de resistencia fuerte:
1) 9300 sats
2) 9812 sats
3) 10346 sats
estos puntos están marcados por los puntos históricos de resistencia y ademas por puntos fibonacci importantes (0.61 - 0.78 - 1)
segun la proyeccion de el mastil del banderin, podriamos obtener un 16% a un 30% para los mas ambisiosos.
en cambio si el punto llega a caer al canal bajista nuevamente, nos veremos en la obligación de vender el stop loss lo pondremos debajo del punto fibonacci 0.38 en los 8500 sats.
[GNT/BTC] GOLEM: MY PRECIOUS // massive gains comingGolem!
This is in my opinion one of the most unnoticed gems so far this year.
Since I told my roommates that they should look at Golem, they've made around %40 in days.
I'm sure you all know by now that I'm super bullish on any project that's coming out with a main-net and getting off the ETH platform.
While people are very excited about 'privacy coins' being the biggest thing in 2018... That's all well and good, but in my opinion... BORINGGG.
I think the heaviest hitters of 2018 are ones that are tackling the problem of being built on-top of a different platform and being 'future proof'.
Thankfully we have incredible teams that are working on projects to solve these problems.
Coming from the background of design, I'm just as stoaked on Golems actual purpose as coming out with a main-net. I have waited for hours, if not days sometimes rendering out a project.
Golem aims to solve this problem with "computing power shared", machine learning and ultra fast rendering through blockchain technology. This means extremely expensive rendering for movies, animation, 3D projects etc. will be cheaper, faster and more efficient than ever.
Right now we're looking at a pretty nice run-up, but its literally NOTHING compared to whats to come.
I'm estimating a massive wave 3 and potential extended 5th wave for this guy, I also believe that later in the year when we finish this intermediate wave cycle, the wave 3 potential for the primary wave cycle will be insane.
I'll chart out that potential cycle once I can extrapolate more data instead of pretending I have a crystal ball more than I am already :P
Happy trading everyone!
GNT may want to cool down a little bitGolem great project great run.
Added to BitHumb and Zebpay, expecting it to rise more.
RSI oversold, wouldn't like seeing it below 7903 sats.
Golem - signs of a Bull MarketGolem has formed a double bottom at $0.177 several weeks ago. And recently price spiked up breaking above multiple resistances. The strong rise resulted in a break above the 200 Moving Average, descending channel as well as the $0.5 resistance level.
This could suggest that buyers are starting to be active and the trend could be reversing to the upside. The first potential upside target is located at 61.8% Fibonacci retracement level that is $0.8 area, which is also correspond to the 227.2% Fibonacci channel trendline.
After the short lived rally GNT/USD could take some rest and consolidate before continue going up, perhaps the decline will be down to the 200 Moving Average. Nevertheless the trend now seems to be bullish and another wave up could be just around the corner.
GOLEM: NEW DEVELOPMENTS - 24 HOURS PROFIT = 40.73% !!!Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 2nd of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 40.73% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 10: Golem launches a a beta version of their DApp onto the mainnet (Brass Golem Beta 0.15.0)
April 13: Upbit (Korean Exchange) lists Golem.
April 24: Golem launches Brass Golem Beta 0.15.1.
April 27: Binance list Golem (GNT).
May 2: Bitthumb, one of Korea's largest cryptocurrency exchanges adds Golem.
May 3: India's largest exchange Zebpay with 3 million users adds Golem.
These factors have together with the substantial increase in leading to Golem's listing on multiple exchanges especially with the most recent being Zebpay has caused a substantial increase in price due to increased demand.
Golem >BULLISH FORECAST<What is golem?
Golem connects computers in a peer-to-peer network, enabling both application owners and individual users ("requestors") to rent resources of other users’ ("providers") machines. These resources can be used to complete tasks requiring any amount of computation time and capacity. Today, such resources are supplied by centralized cloud providers which, are constrained by closed networks, proprietary payment systems, and hard-coded provisioning operations. Also core to Golem’s built-in feature set is a dedicated Ethereum-based transaction system, which enables direct payments between requestors, providers, and software developers.
The Internet will be a truly decentralized network, enabling users to securely and directly exchange content, without middlemen. Accordingly, Golem will be used not only to compute specific tasks, but also to bulk-rent machines in order to perform operations within a self-organizing network. Of course, this will require the simultaneous development of other technologies, many of which have gained significant traction in recent years.
It is important to know in which project we are going to invest because with that we will know the strengths that they will have in the future which will make the price rise...
in the technical analysis section I expect a small bearish impulse towards the trend line located at 0.44, I hope that the price action touches this line so that then our upward movement towards the 0.90 zone begins.
have a nice trading week!
GNT Short Term Analysis Entered a Swing position on GNT last night. Will watch for a close above the 65 cent region on the 4 hr, with my target being the 75 cent region.
Golem GNT 1 Day Technical AnalysisRumor is that it is getting listed on Binance
Not too mention this coin is starting to take off
For me I would take profits at the ATH and .5 Fib
$DYOR and happy trading
GNTBTCGNT has broken out of its downtrend and has potentially found a new up trend which has been respected since before the breakout. Sitting above a daily support and just about to hit the trend line we may see a bounce here to retest the next 4 hr resistance at 6528.
Watching closely for some more confirmation.
GOLEM PUSH!bitcoin wasnt able to push passed $9,600. This resulted in all cryptos to fall. But Golem has reached a strong support. We could see it reach new highs. Long!
GNT/USD chart predictionSo we have seen an upper trend (dark blue line) since more or less 15 days ago. I believe it will continue to grow, however it may find some resistance either where we are now or at the light blue line drawn. If it fails and starts a down trend, it is very possible it finds support at the white line (down). Mind set right now, bullish on Golem long term, short term they had a big spike in the last days, lets hope it continues.
Golem GNT Dual Roadmap Chart USD & Bitcoin [BTFD]Im really sorry for not posting this earlier as promised weeks ago
breakout on Golem as i was expecting to happen with the break of the major downtrend line
some supply and demand zones as well as fibs both showing which price levels it will bounce and rebound off and if breaking thru up to next or down to the next level
some big sells to get thru to get back up to $1 but im sure this will happen this year
trade safe
Golem (GNT) Undervalued? .....100%+ Long TermHello everyone,
Golem is an amazing project and if you haven't had the time look into it, I highly suggest it. Long story short, the team is incredibly gifted and have been working for some years now. Becoming the largest global, open sourced, decentralized supercomputer that anyone can access, the project consists of the combined power of user's machines, from personal laptops to entire datacenters.
"GNT: The AirBnb for computers."
I am incredibly bullish with this coin, total supply is 1 billion, and circulating supply is roughly 834 million. The Brass Beta just went live on the main net. In my opinion a large volume of new investors and spectators will be joining this project for the long term.
On the overview, I have a couple of short term, (Targets 1 & 2) in highlight as well as my long term (Targets 3 & 4). This is keep in mind with Bitcoins state of being. Stop Loss set at .35, relatively low compared to strong support at (.41). I have also been LONG since (.19). I also see another wave coming in therefore I added more at (.19)
I am not a financial advisor. I am not responsible for any loss/profit. However I am entitled to my own opinion, hit that like button if you agree with me!
I am also open to new ideas and perceptions so if you have anything good to implement post it up!
Golem (GNT) - Distributed ComputingGolem is by far one of my most favorite projects out there, their goal is to decentralize computing (mainly focusing on the CGI scene now) which can be a lot cheaper and efficient that regular render farms or server renting/building. Servers have to be updated with the newest hardware continiously to stay relevant and this cost's a lot of money (hardware/location). Golem offers us a new solution, people around the world collectively join their network and provide it with computing power. Not only can the computing power of this network easily exceed very large supercomputers in the future, but it is also efficient since demand and supply will dynamically scale how many pc's are participating and thus keep energy consumption fairly sustainable climate friendly.
Their main focus and goal is now to provide a service for CGI rendering (Currently supporting Blender) for both coorperations and individuals. From how I observe it Golem is still in it's early phase but once things get going it will be an amazing idea which also uses the blockchain (tokens) for tasks.
I do think Golem can scale much futher than just CGI rendering (current focus) and their real power lies in microprocessing for businesses. If business can borrow computing power from their network for cloudbased computing (think of all the app's you are using all the time) then they don't have to build/update/manage their own expensive servers which can cut a lot of unneccesary costs.
Anyways, from a TA perspective, golem just finished it's major downtrend and broke up from a the resistance line! TA-wise we are expecting a retest of 4 of the Major Downtrend (also shown in the chart) around 8000-9000 satoshis, currently trading at 5000, so nearly a 2x increase from here. After testing this leven we can see small pullback and probably a cup and handle forming, but longterm we are bullish and expect it to break this resistance too, eventually heading to 11000-16000!
Interesting times ahead, I do say it's a good-great hold from here long-term.
Please leave a like and/or comment and if you want you can also follow my Telegram Feed which has many more updates (Tradingview can be kind of annoying scrolling through long update walls) and there is also a casual chat where everybody can talk about trading related content!
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Good luck trading, may the trading gods be with us!
-TheTrex
GNT & Floating CloudsIf momentum keeps up I think we will see Golem coming to a nice bull toward the .618 fib extension level.
We can see that the daily candle looks set to close above the Komu Cloud, yet again. This usually tends to indicate bullish movement, we just need volume to follow up. Luckily, as of late we do also see increasing buy volume.
It's possible we see a small consolidation period before springing upward, but when we do spring look for the first price target of about .77
Remember,
Never risk what you are willing to lose.
Cheers,
Enoch87