In observation to the Elliot wave pattern, GNT faces corrective patterns . Currently, GolemCoin is following an AB/CD correction per my forecast concerning price action. PROJECTION: GNT/BTC
GolemCoin will obey the Elliot wave in conjuction with the 'AB=CD'. **Specifically, from the 5th Elliot wave to the initial 'A' of the said pattern. (5>A)
Plan: * That 'A' point of the wave pattern is a new ENTRY POINT that is perfect for the anticipated upward movement of GNT. BUY at 'A",TAKE PROFIT at 'B', BUY BACK IN at 'C' point. Then, pray for pips.
CONCLUSION: POLONIEX:GNTBTC will continue subordinance to these two wave patterns. that GREEN TREND LINE is my extended inference.
Please, do comment on my Analysis with comments, questions, kudos etc.
Handel aktiv
I have continued with my (approx.) elliot wave pattern S/out Oscar
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