Golem was one of the most-hyped coins of summer 2017, before entering a correction shaving off nearly 100% over the course of six months. Price action recently perked up shortly preceding the launch of trading on Bitfinex, 27 December 2017.
POLONIEX:GNTBTC has broken through the 1D kumo representing the six-month downtrend, consolidating bullishly above the kijun and prior fractal resistance. A move up from here would break through the resistance created by the 23% fibonacci retracement, with next targets at the 38% retracement (0.00014621 sat, 49% gain).
POLONIEX:GNTBTC has broken through the 1D kumo representing the six-month downtrend, consolidating bullishly above the kijun and prior fractal resistance. A move up from here would break through the resistance created by the 23% fibonacci retracement, with next targets at the 38% retracement (0.00014621 sat, 49% gain).