. 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 34.
. There is a possibility of temporary retracement to suggested support zone (0.00045600 to 0.00042600). if so, traders can set orders based on Price...
GNT has been in a slow but increasing price uptrend since the 12th of September. Purple zones are a strong resistance and difficult to get the volume to push on, MACD has crossed and we are looking to reach $0.20 within the next few days.
GNT has formed a wedge and is looking to break below, RSI looks like we could be slight overbought and is attempting to pull back. A drop towards target 1 could soon be spiked back up to small red trend line then down to target 2.
GNT looking to push out of the wedge and target 2650 Sats, MA's looking to crossover which signals towards a bullish movement and also MACD is looking bullish. After we reach the 2650 Sats possible pullback (Green Box) towards 2500 Sats.
. GOLEM/ETHEREUM is in an uptrend and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 69.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.