Golem with cup and handle fractals: 26k sats target!

There is something very big afoot in the cryptosphere. A number of alt-coins are starting to make very bullish shapes; from BTSBTC to NAVBTC to NMRBTC ! Golem is no exception and has started to form cup and handle fractals.

We explored a similar concept in BTSBTC :

But the first time I spotted this kind of pattern was in EOSUSD :

And what happened next was unbelievable!:

And now the exact same pattern has presented in BITTREX:GNTBTC!

The targets to look out for are:

• Small C&H: ~11090 satoshis
  
• Bigger C&H: ~26000 satoshis!!
  

تعليق:

So we didn't quite hit the 0.5 fib line we were hoping for, but we came pretty close.

We have just completed a nice ABCE correction which has created the handle on our smaller C&H. I believe we will now start to make impulisve moves northward!

Now might be a good time to ladder some buys.

تعليق:

* edit; I mean we have completed a nice ABC correction, not an ABCE (TV really need to allow editing of comments and/or, I need to read over my comments twice before posting!)