Technical analysis: . Golem/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00065000 to 0.00059000). if so, traders can set orders based on...
i really like this pair because it can make BIG candles on daily timeframe, its the reason why you must keep an eye on it ! So please copy my markups and take position by yourself !
If GN were to shoot up and hit that box, it measures and counts out to have a nice 5th wave out of it. The W-X-Y pattern would line up with 38% retrace on a wave 4......which would make sense....
Here is my ideas for the following days. You can take your positions with my markups !
maybe the end of the bullish trend , eliott wave confirm it ! so let's see in few days :) By the way, there is a Nice risk reward
Hello fellow traders, feel free to short GN. Trade well! Makkaba taem
Mostly base on support and resistance line. as point by small arrows. as well as "CUP Formation" as point by YELLOW BOX. The recommend entry for this setup as point by GREEN BOX is, LONG @ 2.0000 STOP @ 1.9600 TARGET @ 2.2000 ** The RED BOX indicated a intermediated support, where the long position should be exit when price move and its weekly...