We have another interesting chart here when looking at Glimmer vs Bitcoin (GLMRBTC).
This pair hit bottom in April 2024, exactly five months ago, and this is a very long lower candle which surely removed all the stop-loss orders that were active in those days.
As the bearish wave continued to develop, we see each low coming closer to each other until finally a curve forms on the price and now we are seeing higher lows. It is interesting because the curve, higher low coupled with the high buy volume in late August reveals what is to come.
👉 Glimmer is ready to grow. And this is not just some growth, we are talking about strong growth, here we have 395% mid-term but long-term, there can be much more.
Prepare and develop your own trading strategy, mine is simple; Buy and hold.
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