Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
Actualiteit
on 20/01/2018, 14:58:17 UTC
After the strong breakout of the big wedge we're looking at a breather. As it is with almost every other alt, 0.5 fib retrace is significant. However, the 1H 50/200EMA is about to cross down, with price struggling to test them. A further correction to the 4H 200EMA for support is probable, after which we can look for either a bounce/reversal or other setups. A strong upmove and a clean break of the upper fib levels may indicate an early continuation though.