Tracking the pullback of golem. Had a 25-30% jump yesterday. Playing top resistance wedge resistance. See if it snaps or rejects. I think overall it's setting up with something big to the upside
golem has formed a parallel channel on the 4H chart, it can be seen that an ascending scallop has formed which has led to a descending scallop, if this descending scallop holds true another bullish reversal may be in play. Looking for a bounce off green EMA line. My previous golem analysis price broke down at the immediate trendline acting as support.
Golem usd pair has formed an ascending scallop which has led to a pullback this usually results in bullish continuation. Currently sitting between two fib EMA levels. Very tight. A breakout is likely.
structure of golem/usd is a triangle consider that this chart is long term!
Golem has produced a descending scallop which results in a bullish reversal, these patterns have a high success rate in the current cryptocurrency market. This reversal led to the formation of an ascending scallop, which results in bullish continuation, which can already be seen. Interesting pattern!
Golem can be seen to have formed a inverted descending scallop, this may lead to a short term bullish reversal, the performance of inverted descending scallops is poor with a performance of 5/21 in a bear market.
Golem dual dip realized. Again will want to enter into falling channel in my opinion and then new bullish trend, I hope so and think.. break a leg!
riceline of Golem / Bictoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000586 to 0.00000566 Sell between: 0.00000602 to 0.00000640 Regards, Atif...
Priceline of Golem / Bitcoin cryptocurrency is forming bullish Shark and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level. MACD is turned weak bullish from strong bullish and Stochastic is...
After successful formation of bullish butterfly the priceline of Golem / Bitcoin cryptocurrency has formed another harmonic bearish shark pattern and entered in potential reversal zone. From here the price action will take bullish divergence soon to hit the sell targets insha Allah. I have defined targets using Fibonacci sequence: Buy between: 0.00000824 to...
Golem a decentralized computation network coin rival of Sia coin is considered to be one of the profitable coins for scalping. Since 2017 after it was introduced it has shown great fluctuation in price The best buy opportunity was between 460-480 Sats Now again it is giving us multiple opportunities for quick 12-15% profit Buy @ 540-550 Sats Sell anywhere...
All I can say is sometimes in life you must be patient and JUST BELIEVE after you put all strategies in place. We play this market like strategists never thought. While the FOMO is in Bitcoin (which I love but it's bubbled up) we're putting our money on the right assets such as the #Golemproject. This is where you win the most gains when everybody is shattered in...
The forecast above shows how price action may be possibly moving in the short-to-medium term. It may not be 100% accurate in terms of where the price or time falls but certainly gives an outlook as to where the market is headed.
We are seeing promising developments with Golem and these are potential life changing opportunities for those following such a project.
The information is clear in the chart above. It's slow progress but moving in the right direction as expected. Once volume comes in GNT will move significantly.
The chart above shows the moving averages and trend changes in the price action. While many are skeptical that we may be still in the bearish trend it cannot be denied using these moving average indicators. Most of the time we see small trend reversals pushing price action down for a while and that is totally normal. The momentum is still weighed heavily to the...