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 looking to hit new lows of a possible $0.07, two targets have been stated in the chart, now the downward trend line is approaching so we have to see how that plays out, we could see a breakout towards $0.20 Red Zone Box if we have a successful break.
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.
Each replication comes with a downside movement, 20MA touched and now reversing towards the downside. (Green Box) in play and it is the last form of resistance for GNT.. $0.11 is a strong support so should hold well, but considering BTC and the $5000 prediction and with near enough all altcoins following BTC movement, we could see GNT plummet further in the future.
GNT one of the most undervalued Cryptos on the market has been trading sideways for a while now, both grey circles are key areas that if we breach either way will dictate the price, $0.115 has held up for the last support for GNT, if broke we could see single digits for the token. I do believe this Token is a $7 coin in the future.
. 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 46.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart are broken, so the ...
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 ...