Golem (GNT/BTC) + BTC/ETH/LTC Technical Analysis!

in #cryptocurrency8 years ago (edited)


Youtube:


GNT Update.png

GNT W.png

Weekly

Looking at our highest timeframe we see price formed a double bottom on the weekly off our 2000 support zone . Price made a run up to 12000 satoshis, and since has retraced and found support at our 7500 support zone . Stochastic RSI showing momentum has shift towards the upside, has temporally slowed down. Price showing no signs of slowing down, expecting a higher high to be formed soon.

GNT D.png

Daily

Shifting over to our pattern timeframe we get a better look at or double bottom . We also see price forming higher high and higher lows. A daily close above 7250 satoshis activates our trade. Stochastic RSI showing momentum is heading towards the upside.

GNT 4.png

4Hour

Finally looking at our trigger timeframe we see price has broken our minor downtrend and rest our 6000 zone for support multiple times. A 4hour close above 7250 activates our trade. Stochastic RSI showing us bullish divergence , expecting a breakout soon.

Link To Chart

Conclusion

  • Buy:
  • Sell:

Comment Down below what coin you want me to do next! ;)

Thank You for Your Support, Upvote and Follow!!! New Blog and Video everyday

Social Media:
Twitter
Instagram
InvestFeed
Tradingview

Crypto Trading W/ Leverage
How to Draw Trend-lines & Identify Trends
How to Draw Support/Resistance, Price Only

Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.


▶️ DTube
▶️ IPFS

Coin Marketplace

STEEM 0.05
TRX 0.33
JST 0.079
BTC 63789.74
ETH 1693.74
USDT 1.00
SBD 0.41