Hi dear friends, hope you are well and welcome to the new trade setup of Gnosis (GNO).
On a 2-hr time frame, GNO has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GNOSIS had experienced it's glory day in mid 2017. With only 10 mills total coin and only 1.1 mill in circulating this is truly cheap than you might think!
Buy the dip! It's screaming buy me!
Yesterday Gnosis has reached the low, hitting $45.5 level. This support is confirmed by the 327.2% Fibonacci retracement level applied to the corrective wave up after the ascending channel breakout.
Evermore, GNO/USD has reached the bottom of the descending channel, rejecting the lower trendline. Today, as can be seen, after the very clean rejection of the...
Good Morning, Traders!
Gnosis has been in a constant bearish trend since the beginning of this year. Looking at the Bollinger Bands, it can be seen that the lines have very recently started to straighten a bit, signaling a possible reversal. In the case of the reversal, the resistance level matched with the 23.6% fib retracement serves as a strong resistance and...
Simple idea, as long as it stays within the "channel" it is bullish. Only a move below the "channel" will end the bullrun.
Resistance: 0.025, 0.033, 0.075, 0.15
