There is a possibility for the beginning of an uptrend in GNTBNBTechnical analysis:
. GOLEM/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01540 to 0.01380). if so, traders can set orders based on Price Action and expect
GLong
