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GNTBTC

GNTBTCFalling wedge reversal pattern of technical analysis, which manifests itself in a descending wave-like motion, the amplitude of which decreases. A falling wedge is formed at the points of tangency to two straight lines that form an angle looking right downwards. The imaginary angle is the descending wedge. It is important to answer that to each straight the price should touch at least twice. Exit from the falling wedge will help to test the resistance level on fibbonachi 78.6 All moving averages for long periods on sale MACD ready to start rising
GLong
by Avalontrading
GOLEM-BTC - FALLING WEDGE REVERSAL!!GNT is trying to breakout of the falling wedge. Notice that it is moving slightly under EMA(12). If it is able to break above it then we can expect some upwards movement. Alternatively, if it is unable to breakout of the wedge then it will fall down towards the bottom of the wedge to the next support region from where it will try again to move upwards. Please see the chart, everything is marked on it. The profit taking targets can be next Fibonacci levels. (The EMAs still need more time to develop though since it is a lagging indicator). Developing MACD: Volume: (I can post the chart with in depth analysis using indicators if people need it, but as for now, this should suffice.) P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk. Keep an eye out. Trade safely. Always remember, money not lost is also a profit. Good luck trading.! Peace.
GLong
by johntradingwick
$GNT, Running Smooth… Weekly Looking at our trend timeframe we see price forming higher highs and higher lows. GNT has recently bounced off our 5000 support zone, stochastic rsi showing momentum heading down, however price showing otherwise. Daily Shifting over to our pattern timeframe we see price currently being rejected by our resistance at 5500. Stochastic RSI showing momentum has peaked out and we should be price falling temporarily. A daily close above 5500 activates our trade.
GLong
by UnknownUnicorn2434649
GOLEM: GOLEM BETA 0.16.0 & TECHCRUNCH ARTICLE - PROFIT = 20.90!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of June 2018 . Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 20.90% 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). The Main feature of the new release is the support for the Ethereum mainnet. You can now connect Golem to the Ethereum mainnet and earn/spend real GNT for computations. April 13: Upbit (Korean Exchange) lists Golem. April 24: Golem launches Brass Golem Beta 0.15.1. April 27: Binance list Golem ( GNT 0.16% ). 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. June 4: Golem gets mentioned in Techcrunch. June 6: Golem announces release of Brass Golem Beta 0.16.0. This adds the following features: Different, optimized cryptographic methods for message signing and serializing New additional settings for choosing providers based on their performance GNT is converted to GNTB as soon as possible: in previous versions, GNT was automatically converted to GNTB when it was necessary, Ie. when a user was trying to add a new task. This conversion will happen earlier, right when there is enough ETH to cover the gas price. Bugfixes & optimizations It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets. *The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)*
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by CryptoTradeSignals
Golem VS Bitcoin Range TradingGolem has established a strong resistance at 8888 satoshi, that has been rejected 3 consecutive times. First in January, second on the 4th of May, and third just recently, on the 31st of May. At the same time GNT/BTC formed the support level at 6k satoshis, previously rejected on the 23rd of May and confirmed by the 38.2% Fibonacci retracement level. The support area between 6 and 5.2k satoshis could play the key role in further price development. Price still could get lower and perhaps test the 200  Moving Average or even 5.2k satoshis area. But only break and close below 5.2k level could confirm the presence of a downtrend. But as of yet, price is likely to continue ranting between 6k and 9k satoshis, and break above 9k level should confirm Golem bullish intentions and send price to new highs.
GLong
by CryptoPAMM
There is a second chance to buy in Golem/Bitcoin ....GOLEM/BITCOIN New trading suggestion: *The price is in a range bound and we forecast the uptrend would continue. *There is still a possibility of temporary retracement to suggested support line(0.000062). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.000062). *If the support line at (0.000062) is broken, the forecast (continuation of uptrend) will be invalid. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "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: 35907 Closed trade(s): 13367 Profit Open trade(s): 22540 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 0.00007419(current price) -0.00002911(open price) = 4508 5 trade(s) still open, therefore total profit for open trade(s) is 4508 x 5 = 22540 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 a range bound and continuation of uptrend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 53.
GLong
by ForecastCity