GNT
Big breakouts, Huge patterns, Great opportunity. GNT charts !Welcome.
New market cycles just begin.
Don't let those corrections make You wrong.
There is huge possibility that We enter bull market in alts again.
IMO the price could retrace a bit to broken resistance, so
1. Entry : 3920 - 4000 sat
2. Stop loss : under 4000 sat
3. Take profit : 11300 sat (near 300% earnings)
Falling wedge pattern says 11.300 target, but we will track it day by day.
GNT is a safe investment - this supercomputer cannot be DDOS'ed, 300 bilion market cap and very low price.
BARGAIN MODE.
Buy while cheap.
GNT - GOLEM %10 PERCENT PROFITGNT is a good project. I am hodler of it. 4 hour chart says there is buy oppurtunity for us. I expect It will push for 4400-4500.
GNT EXPLOSION TO UPSIDE!!On this chart I drew in the plotting zones. Where the price will have strong support and resistance. Also the potential targets once new highs are formed. However how do I know Golem is about to explode?
There is an upside divergence in play right now. The blue trend line on the price and the MACD indicator shows the pressure bearing down on the price. When means a surge of a move is imminent to the upside in the price. So stay tuned and lets watch the magic happen. Enjoy the smooth ride to Higher Highs. :)
GNT/USD - Well That Setup Didn't Play OutQuick review of the setup i was looking for to play didn't play out as expected. So back to monitor mode on this crytp to look for the next another setup.
GNT/USD - Is Golem In a Reversal Zone?Scanning my daily charts before heading to bed and something caught my eye on Golem.
Check out the video to see what I saw.
I hope you enjoy and remember to like and leave me a comment.
Golem VS Bitcoin Buying OpportunityGolem found the support at 1550 satoshi, after suffering a major decline from 27700 satoshi, resulting in a 94% loss to the Bitcoin. GNT/BTC then started to rise almost immediately breaking above the 200 Moving Average.
Uptrend continued up until 8900 satoshi where price broke above the descending channel. The corrective wave down followed and currently Golem is trading just below the 200 Moving average but still the uptrend trendline is being rejected. If Golem will not close below 4800 satoshi and the uptrend trendline will hold, the next potential wave up could result in a 150% growth, where price could be reached 11.5k satoshi, at the 38.2% Fibonacci retracement level.
On the other side, if the price will close below the 4800 sats it is possible that Golem once again will test one of the support levels, either 3100 or 3900 sats, before going higher. At this point, price looks very attractive for a medium-term buying opportunity with a relatively low risk.
GOLEM #GNTBTC - rising wedge pattern will bring 100% profit?ELLIOTT WAVE TECHNICAL ANALYSIS:
At a weekly interval, including larger cycles, it is difficult to distinguish pulse waves. Therefore, the current counter is based on wave increases (A), with a high at 29629 and a complex wave correction in the wave (B), with a low at 1604.
Starting from this low, five impulse growth waves with a high at the level of 9,000 can be determined, followed by a complex downward correction WXYXZ, which lifted 61% of the growth impulse. The level of 61% Fibo at 4574 is an important level of support, because the corrective cycle in the wave (2)might soon end near this region. Not only that, the whole downward descent has a clear wedge character, and the breaking out from this wedge can bring, among others, 100% profit (if the local peak is hit at 9,000).
It is worth to observe this cryptocurrency and wait for the potential knock out of the wedge.
TREND and IMPORTANT LEVELS:
Main trend: DOWN
Intermediate trend: DOWN
Daily trend: UP / NEUTRAL (correction after the end of the growth cycle and possible breakout from the wedge after correction)
KEY LEVELS:
- for further increases - level 5247
- for the continuation of the correction - level 4374
- for the continuation of the decrease - level 4374
PS: Make sure you are following me, so you will not miss any updates and new analysis!
Golem Established An UptrendAfter multiple rejections of hte $0.17 support area, Golem started to rise rapidly, breaking above the 200 Moving Average. As uptrend continued GNT/USD broke above theprevious all-time high at $0.72 and then went even higher breaking the $0.87 resistance, that is 127.2% Fibonacci retracement level.
Althogh the correction down followed and Golem rejected the previous resistance at $0.87, currently acting as a support. It seems that the uptrend is only emerging and Golem could potentially triple in value against USD. The Fibonacci resistance levels should be watchd for rejection, but the final upside target is $3, that is also a strong pshycological level. Only a break below the 200 Moving Average could invalidate bullish outlook.
GNT Falling wedgeGNT was trading in a bull pennant but was pushed down by the BTC dump. It has now formed a falling wedge and I expect it to break out in the next 24hr's. Previous targets are still good.
Golem - Worldwide SUPERCOMPUTERGolem is a global, open source, decentralized supercomputer that anyone can access. It is made up of the combined power of users’ machines, from PCs to entire data centers.
Golem is capable of computing a wide variety of tasks, from CGI rendering, through machine learning to scientific computing. Golem’s limitations are only defined by software developers’ creativity.
Golem creates a decentralized sharing economy of computing power and supplies software developers with a flexible, reliable and cheap source of computing power.
coinmarketcap.com
Official website: golem.network
Whitepaper: golem.network
Blog: blog.golemproject.net
** This is not investment advice ** Trade on your own risk **
Golem (GNT) Trade SetupGolem is in a descending triangle formation where we see a triple bottom at ~5000 satoshis.
Bullish Signals:
- Triple Bottom
- Oversold RSI
- Brass Golem v1.0 to be announced in the coming weeks/few months.
- Golem not added on Binance or Korean exchanges yet.
- Golem currently at 5,000 satoshi with previous ATH (All time high) of 25,000 satoshis. And this month's ATH of 9000 satoshis.
We will get a bullish formation once GNT breaks the upper triangle line, and bearish confirmation once 5000 satoshi support breaks downward.
I am overall very bullish on GNT regardless as I believe in its fundamentals which imho is much influencial price booster on the longterm.
Entry:
5000 Satoshis or once we get a bullish confirmation.
Good luck to all!
GNT (GNTBTC) - Interesting PhaseAs Markest is in correction mode, I am not providing any LONG ideas right now. But there are some coins which are interesting and sharing them here. Probably there will not be any action on these coins until BTC settles down.
With that said, GNT seems interesting and may move up from here for short to medium term. Thank you.
GNTif it bounces from the trend line then possibly it will hit 7600 levels and it if breaks them we may see it at 11000 or even 17000 sat
GOLEM daily looking goodGOLEM has broken clearly above the daily cloud and as you can see when zoomed out on the daily can easily be seen to be at the beginning of a new market cycle, buys can be placed above the daily cloud and hold the trade for 600 - 1000% profits
Golem becoming really bullishVolume on GNTBTC went up significantly and the chart is showing strong bullish patterns
GOLEM - Triple Bottom Sign for BullishThe Triple Bottom starts with prices moving downward, followed by three sharp lows, all at about the same price level.
Volume diminishes at each successive low and nally bursts as the price rises above the highest high, confirming a BULLISH reversal.
Beside that, Golem is the Airbnb for GPU and a really interesting and viable project. It can a coin for a long term HODL.
Wait for a confirmation of the bullish at the 623 area to enter the trade
I will update the progress once the trade is active.
Good luck
Golem (GNT) Possible uptrend with about 25% profits.There seems to be a bullish signal for golem that is going upwards although the trend is not that strong yet. We also need to look out for a possible double top.
Buyin:
72xx-73xx sats
Target:
9000 sats
Will update when needed.
GNT(GOLEM) LAST CALL TO GET GOLEM FOR UNDER $1.00These next few days will be your last chance to score Golem under $1, we are looking for a sustained spike into $1.15, a slight pullback and beautiful potential swing to $1.35. After this occurs it will be extremely hard to get Golem under a dollar. This will be the short term play but for those truly wanting to plant their flag into a cryptocurrency this would be one to take a good look at as the project progresses so will your holdings. This coin is not for the faint of heart, slick Rick's trying to scrape a buck, or your everyday crypto hype-man. Please read below for a brief insight on what Golem is -
For those not familiar with the company and technology behind the network, I strongly suggest visiting their website and going through the white paper. Here is a short synopsis:
"Golem is a global, open source, decentralized supercomputer that anyone can access. It is made up of the combined power of users’ machines, from PCs to entire data centers. Golem is capable of computing a wide variety of tasks, from CGI rendering, through machine learning to scientific computing. Golem’s limitations are only defined by software developers’ creativity. Golem creates a decentralized sharing economy of computing power and supplies software developers with a flexible, reliable and cheap source of computing power."
Golem is an extremely long term hold in my opinion, please look at page 11 of their white paper, to think that we are barely stepping into Clay Golem...hodl
GNT (GOLEM) is ready to start wave 3 of 5As you can see in this chart, per Poloniex price, GNT is almost complete the Elliot triangle pattern ABCDE and this morning it broke the resistance line. I believe it will start wave 3 out of 5. If this happens, wave 3 will goes to 120 satoshis. Just watch and see what is happening.
Golem/BTC is going to Milky Way?Here we have a reversal trend starting from the December 15th 2017. We can see that our bullish guy is moving in the corridor and have a good potential to move forward. MACD and DMI supports the trend at 4H timeframe. We are now at the strong fib point. If we gonna stabilize a bit at the zone of 6900 sat and will break the fib point then we gonna see the upward movement to the next fib point which is 11500 sat. Moreover, if you are not panic ones we have a strong news coming in Q1 2018 which is airdrop (however this was posted on a reddit, so personally I can not confirm that it is 100%, but it could be). Remember what happened to NXT and EMC2. So now it is a good point to buy at the dip of 6600 at hodl for about 2 month which is likely to be a mid-long term guys. Hope you'll have a good trade on this.
Regards,
Kai
GNT Long OpportunityTheres still time to get a great long entry in $GNTBTC , compared to other alts that have already had their "moon".
Daily chart here shows recent kumo breakout, is now consolidating.
Entering now, setting aside capital for other possible entries on bullish break and retest.
First target of .0011 sats resistance area, alligns w/ 1.272 fib level.
