View live Golem / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long term, the trend is upward, the correction has not yet been normal. The price can go up in the region of $ 29, to believe in growth. Golem a decentralized computation network coin rival of Sia coin is considered to be one of the profitable coins for scalping. Since after it was introduced it has shown great fluctuation in price The best buy opportunity was between Sats Now again it is giving us multiple opportunities for quick % profit Buy @ Sats.
Golem btc tradingviewGolembtc — TradingView
Currently sitting between two fib EMA levels. Very tight. A breakout is likely. Golem has produced a descending scallop which results in a bullish reversal, these patterns have a high success rate in the current cryptocurrency market. This reversal led to the formation of an ascending scallop, which results in bullish continuation, which can already be seen. Interesting pattern! Golem dual dip realized.
Again will want to enter into falling channel in my opinion and then new bullish trend, I hope so and think.. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets: Buy between: 0. Volume profile is showing less interest of traders at PRZ level. MACD is turned weak bullish from strong bullish and Stochastic is 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. Golem a decentralized computation network coin rival of Sia coin is considered to be one of the profitable coins for scalping. The forecast above shows how price action may be possibly moving in the short-to-medium term. Golem is moving to the upside after a long and devastating bear market. The trend reversal can be viewed on the chart above as the moving averages go from an overall down trend red into the uptrend green.
This price action indicates with confidence that Golem has completed its bear market and is now in transitioning in the other direction. You may see a few BUY WAIT GNT is moving in all good formations : Bullish Flags in big timeframe and small timeframe, but there's still a chance to drop down to sts so you should leave your money to prepare the bad case.
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