Gnosis GNT / Theter Break out scenario Waiting to break this down trend resistance.
If dips, and next sup hold, Buying there.
Not financial advisor.
Trade with care.
GNT
GNT LONG ...BREAKOUT....GNT has broken the main resistance ..which i was watching for many days...expecting 50% profit for short term.
GNT $$$ Seems like to have another big bullish wave !Hi all... Seems like Golem is ready for the move once again !!!
Cheers !!!
Golem Bullish Breakout ScenarioGolem is currently stuck in a clear downtrend
Will these downtrend break upon the fourth test of the resistance line?
A VERY ugly wick recently formed, first thought that came to my mind was 'coin killer'
Gl all
golem very bullishTarget listed on chart, aiming for MA on weekly chart, flipping potential however i am long. Ascending scallop turned accumulation phase, this will likely lead to an upward breakout and continuation of the trend. Large reward little risk trade.
ETC and altcoin comparisonETC has formed a descending broadening wedge, this is a bullish pattern. There is a large price range for bullish movement outside of the wedge. Also included early phases of ETC and compared to GNT (golem), shows clear degeneracy, with a sharp reversal point. Big money to be made.
GolemTracking the pullback of golem.
Had a 25-30% jump yesterday.
Playing top resistance wedge resistance.
See if it snaps or rejects.
I think overall it's setting up with something big to the upside
Golem Breaks Downtrend | Massive Volume | 115%+ Target MappedGolem (GNTBTC) printed yesterday a very strong bullish candle and gave out multiple strong bullish signals... Let's take a quick look at those...
Remember to hit like to show your support, let's get started!
Golem (GNTBTC) Bullish Chart Signals
First, we have the biggest volume bar for GNTBTC since August 2019, signaling the start of a new wave.
Prices managed to break EMA50 (yellow) and EMA100 (purple) in one single candle after EMA10 (green) was conquered.
The RSI is very strong.
The MACD is fully bullish and allows for additional growth.
Notice the black trendlines on the chart, these have been fully conquered as well.
New ATL (All-Time Low) hit just days ago. A strong bullish move like the one we saw yesterday after a new ATL is hit is a strong bullish signal.
As you can see, we have many signals telling us that Golem will now start to grow. EMA100 is the main resistance/support level to look at right now.
If EMA100 can be conquered, GNTBTC can grow from here (green arrow).
If EMA100 is rejected, then we will see prices move lower (red arrow), but we remain bullish as another attempt to move up will follow...
Feel free to leave a comment if you have any questions.
Thanks a lot for your continued support.
Namaste.
Golem Descending Scallop Turned AscendingGolem has produced a descending scallop which results in a bullish reversal, these patterns have a high success rate in the current cryptocurrency market. This reversal led to the formation of an ascending scallop, which results in bullish continuation, which can already be seen. Interesting pattern!
