Short
decision time for Golem
Unfortunately, it is like many alts. stuck between a btc crash and btc surge.
if btc crashes, GNT likely crashes with it.
If btc surges, GNT/BTC price will fall out of this triangle.
remote possibility BTC does a minor pullback for a couple days here and GNT can break bullish. Just doesn't seem like it will get the volume to have any legs.
i expect this to fall bearish but i'll buy the breakout.
if btc crashes, GNT likely crashes with it.
If btc surges, GNT/BTC price will fall out of this triangle.
remote possibility BTC does a minor pullback for a couple days here and GNT can break bullish. Just doesn't seem like it will get the volume to have any legs.
i expect this to fall bearish but i'll buy the breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.