Watch for a strong breakout past the neckline
Consolidating almost complete. Also possible consensus announcements may accelerate a trigger.
The trends seem to be in a pennant and following it accordingly. Might breakout of the pennant soon!
It is very interesting chart. There is a very visible GAP on Daily chart which was respected by market recently. I would say this solid support should sustain the pair above this level and I would look for ABCD pattern where AB=CD. I'm not sure if correction will hit 50% again but even with this value we have good risk/reward ratio. I would set SL just below GAP...
Why am I bullish: -Golem Video interview in a couple of hours (hype on polo will hit) -Support held -Nice fib replacements to accumulate -Huge hidden :bull: divergence on all of my indicators Pick your risk but my take: S/L below Trend line or Fib level - great R/R TP your call ;) Good luck if you join me
The left side of the cup is formed by that huge wick so it's not pretty, but considering the volume also fits well with a Cup & Handle pattern I'm gonna say it counts. Looks like a handle is forming, and there's also a Bullish Divergence that suggests it's heading in that direction. Watch for a breakout at the neckline! What a month so far for crypto...I don't...
so bitcoin did its thing and now the alts are getting back to the upward trends, some more then others. will keep you posted.
Double top shaping up for Golem. Going short.
Broke resistance on a high volume and looks like it's just a beginning
At the swing low, a nicely formed bullish engulfing bar formed on the hourly chart. Also, a bullish rounded bottom formation formed giving me a bullish signal. I got 3 confirmations 2 on price action and the MACD all 3 point to a bullish move upward
Golem is one of the most promising projects in crypto right now - so I'm bullish regardless of TA. It looks like it's forming a pretty textbook Cup & Handle. We also have a nice big Bullish Hidden Divergence. The Ichimoku Cloud is positioned pretty nicely to curve the handle up right around where you'd expect too (will post a screenshot). Bitcoin is going...
If Bitcoin reaches 1280 USD and is not going to correct soon, that in my opinion might indicate early stages of H&S pattern forming.
1. Golem is a very powerful investment, by buying it we basically inves into electricity and computing power. 2. Dev team performs incredibly well closing on golem brass. 3. Price is jumping from strong bottom support.
Golem had some interesting price action within last month. It is visible on this chart that the pair established strong support around 0.000063000. First attempt was stopped with engulfing candlestick formation, second attempt was hold and we can see nice doji candle, then the third attempt which holds pair above 0.000063000. I would recommend small stake for...
Eth seems to have broken out of it's consolidation penant to go for new all time highs. Golem is consolidating around previous high (i'm just ignoring the first hours when it was added to Polo as prices were ridiculous). Golem and Rep also follow up Eth on pumps Everything indicates golem can go for a nice pump, we'll see. Got in at 4700 before it went up to...
Golem is in a channel as you can see a very defined support and resistance levels. I got a sell signal today on my non-repaint buy sell non-repaint indicator. I'm looking for a candle to close bellow resistance before entering any short positions. I'm neutral because Golem is currently in a channel. I don't know if you can short this but there might be an...