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.
. 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 ...