Golem (GNT/ETH) has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Golem began a wave one advance on March 17. The wave one (sub-waves i-v) finished on April 30, and the wave two (sub-waves a-b-c) correction ended on August 1. If this wave count is correct, Golem should be heading next towards the April 30 peak in the wave three.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Golem will takeout the April 30 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Golem will drop below the March 17 low".
If you think Golem is in a range, upvote this post and upvote the comment "Golem will stay in a trading range between the March 17 low and the April 30 peak until September 6".
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