TradingView India. Golem (GNT), not financial advice. Possible cup n Handle on the daily. Might test new highs Entry: Target 1: Target 2: STOPLOSS: possible profit % - % possible loss % Risk/reward - Keep your eyes on bitcoin could throw off the numbers, trail your stop if you'd like to protect gainz. Golem (GNTBTC) finally completed its retrace and is already moving higher. We have a beautiful setup here with a perfect falling wedge, a break above EMA50 and MA, high volume, a MACD bullish cross, and a very strong RSI. View live GAMCO NATURAL RES GOLD & INCOM TR chart to track its stock's price action. Find market predictions, GNT financials and market news.
Tradingview gnt btcGNT Stock Price and Chart — NYSE:GNT — TradingView
Take in consideration this: This coin is in beta, The first time the company golem announce Beta the price arrived to 0. Its going GNT has been in a slow but increasing price uptrend since the 12th of September. Technical analysis:. The RSI is at Trading suggestion:. There is a possibility of temporary retracement to suggested support zone 0. 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..
GNT still in a downward motion and even a break out of this trend will only give bulls slight movement.. Wedge and ready to drop.. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue. There is a possibility of Trading suggestion: There is a possibility of temporary retracement to suggested support zone 0. GNT tries to break out of the channel, some volume is coming in. Also nice RSI structure. If breakout could go fast!
Keep an eye on GNT mates! After a high volume candle we expet a correction and after this correction this pair have a nice weekly chart and it will grow hard Do your own research and buy after correction.
There is no doubt that this pair is moving higher. Since we have a higher low on a bullish cycle, we can also expect a higher high on the If the range will be broken, you can enter the long position!
Price drop to , then back to resistance. We have 6 consecutive green candles all moving straight up. I am calling this "bullish consolidation" which can lead to a massive jump. The RSI is above 50, we know what this means It's a good signal to go long with this pair.
Currently, the indicators are doing very well. The RSI is oversold and the buy signal is clear. I see bullish signs in progress and no signs of bulls GNT is entering a strong momentum in the 4-hour time frame.