. GOLEM/DOLLAR 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 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
. There is a possibility of...
.GOLEM/DOLLAR is in a Range Bound and Resumption of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 51.
There is a possibility of temporary retracement to suggested support zone (0.54 to 0.45). if so, traders can set orders based on Daily-Trading-Opportunities...
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line(0.000055), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Signal to enter the market occurs when the price comes to...
GNT has broken out of its downtrend and has potentially found a new up trend which has been respected since before the breakout. Sitting above a daily support and just about to hit the trend line we may see a bounce here to retest the next 4 hr resistance at 6528.
Watching closely for some more confirmation.