Looking at the weekly chart we can see that the weekly trend is forming a large triangular pattern. This is clear as daylight seeing that we did not break the 13.7K region while moving upward and the momentum is slowing down. The decline may be sharp so the time frames will differ if it falls steeply. That means, the next leg down can be seen in early December...
It's simple maths guys, the Bollinger Bands show the price action going upward and the squeeze momentum indicator is turning green. Also, the moving averages are showing promising bullish support with the Golden Cross lurking in the shadows on the 3-day chart. We are going to see a lot of vigorous and volatile moves after the $10K mark, seeing the 150 day MA as...
All I can say is sometimes in life you must be patient and JUST BELIEVE after you put all strategies in place. We play this market like strategists never thought. While the FOMO is in Bitcoin (which I love but it's bubbled up) we're putting our money on the right assets such as the #Golemproject. This is where you win the most gains when everybody is shattered in...
The forecast above shows how price action may be possibly moving in the short-to-medium term. It may not be 100% accurate in terms of where the price or time falls but certainly gives an outlook as to where the market is headed.
We are seeing promising developments with Golem and these are potential life changing opportunities for those following such a project.
The information is clear in the chart above. It's slow progress but moving in the right direction as expected. Once volume comes in GNT will move significantly.
Golem is moving to the upside after a long and devastating bear market. The trend reversal can be viewed on the chart above as the moving averages go from an overall down trend (red) into the uptrend (green). This price action indicates with confidence that Golem has completed its bear market and is now in transitioning in the other direction. You may see a few...
The chart above shows the moving averages and trend changes in the price action. While many are skeptical that we may be still in the bearish trend it cannot be denied using these moving average indicators. Most of the time we see small trend reversals pushing price action down for a while and that is totally normal. The momentum is still weighed heavily to the...
Please like and share on your social media pages. Get following :) The price action of Golem with the weekly resistance levels shows that we are nearing the first leg upward. Golem/USD sees promising outcomes as the trend is in favor of the bulls after the accumulation stages. Please don't listen to the garbage out there that ALTCOIN markets have ended. We...
After various views regarding the #GNTBTC price action and recent updates on the @Golemproject twitter account, charts look ripe to taking off following a SLIGHT pull back that may occur. This is not Bitcoin guys and GNT moves at a slower pace so one must consider that they won't get a quick return on their money as with large cap coins. Although, for investors...
As many have lived through one of the harshest cryptocurrency bear markets in 2018, they should expect to start seeing the light at the end of the tunnel. For ALTCOINS like Golem (GNT) which are in the prime stages for the next bull run there is no looking back. As the Graphene developments come into effect in coming weeks, we must expect the patterns as seen in...
As seen in the chart above, the 50DMA which was pushing the price down heavily for the past 64 days is now becoming support. It's further indication to the bullish end as the price actions breaks out of its mid-May bottom. The price of Golem/USD has been on the rise as a result of the movement of the pairs between GNT/USD. With such trends, there is healthy...
There are many Fibonacci techniques that can be used to anticipate changes in the trend. The one used is the Fibonacci time projection. It is not as accurate as Fibonacci retracements but can be used to warn of possible reversals or turning points in the current trend. Seeing upward price shifts taking place at the 0.68 Fib levels on the weekly timeline is very...
The first indicators presented shows the Bollinger Bands becoming narrower while having price action moves above the 20-Week MA and the standard deviations curves widen apart. This is a positive predictor of a powerful trend to the upside. Knowing BINANCE:GNTBTC has high volatility which causes rather large wicks to occur and having smaller candle bodies, it can...
Seeing the trend on a larger timescale the BINANCE:GNTBTC shows that it is ready to break out of the large triangle structure having impressive potential to the upside. Although, it may take time to get to the higher price ranges as they were previously and volatility is high in the current market, it doesn't mean the investment is nullified. The Golem market...