Golem & Floating Clouds - Price and Chart Analysis - 4/18/2018

in #cryptocurrency7 years ago (edited)

Here's a quick break down of GOLEM (GNT):

If momentum keeps up I think we will see Golem coming to a nice bull toward the .618 fib extension level.

https://www.tradingview.com/x/Syb47vwO/

We can see that the daily candle looks set to close above the Komu Cloud, yet again. This usually tends to indicate bullish movement, we just need volume to follow up. Luckily, as of late we do also see increasing buy volume.

It's possible we see a small consolidation period before springing upward, but when we do spring look for the first price target of about .77

Remember,
Never risk what you are willing to lose.

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Cheers,
Enoch87