Golem had a nice rally recently. It seems it has found support after a correction to .618 fib level and now is getting ready for another leg up. Short term I think it can reach 9265 fib level of its all time high movement. Volume is declining which is a great sign when a coin is in correction. I still have not opened long on this trade. I will wait for breakout with good volume to go long. Will update this post.
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My buy order, which was outside of upper edge of triangle triggered. My sell point will be .618 fib level which is around 9265 satoshi
Trade ativo
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Bullish triangle, declining volume, If you haven't bought GNT, you can on a break out of this triangle. Always remember breaking out of these patterns should involve good volume to work out.
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Another bullish triangle, declining volume, signs of creating base for next leg up. Owner of Golems can keep their coins. If you want to buy Golem you have two options : Buy on breakout of triangle Buy if price gets closer to the base of triangle Always remember to use stop loss
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GNT is at a good price point now. You can buy with 1.5 percent stop loss.
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Triangle I talked about in last update ended in a down move. Right now price is sitting on support. If this support gets lost we might see a drop to next support which is 6918. If you have Golem I suggest to keep a tight stop loss as current support might get lost. I don't think buying at this point is very wise.
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