Gaussian channel turning, this can be seen on many alt coins, an explosion may be around the corner, included possible pathing for golemusd however this is just a guess, (isn't that what TA is anyway?) xD I do expect once the Gaussian channel turns or just before it turns to see some large bullish momentum for many alt coins.
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.
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...
Has held this very STRONG trend upwards for almost 1 month now and still has a long way to go.
Currently ranked 42 on Coinmarketcap and I see it moving on up into the top 25.
Some big fundamental news coming up soon.
Volume is building.
MA 88 recently crossed over the MA 188!
Moving up
The 1st wave of this Impulse Wave at Primary Degree has retraced to the 0.786 Fibonacci level.
The 2nd wave being a corrective pattern that could turn out to be a double three combination.
Let's see where this 3rd wave will bring us.
I dove in to this chart again and observed something. After tweaking some points and lines this just looks beter. What do you feel?
Thanks
And please, look at somebody's old ideas before you follow. Lots of sun seekers and copycats that agree on everything.
