GLCH Catching a Bid off the 20As we can see, GLCH has closed over the 20ema a few times with plenty of retests. A bit of a choppy market so definitely have caution, BTC could nuke and wreck the alts very easily.
I have some wild upside targets for GLCH, but lets stick to the short term.
200EMA & POC is at about .6772 on the daily. This seems like a likely place where GLCH will find some heavy resistance. Good flip from these levels. Good DCA regardless at these levels with a high of 2.99 at the peak of the last run. This is an up and coming L1 chain with a very low market cap and like 90% already circulating, great risk to reward ratio.
I'll be holding my GLCH for 1bn+ market cap, but theres a hell of a lot of trading that can be done until then!
Glch
GLCH strong support now !We can see this pattern is strong support in timeframe 1H morning star
DWYOR just imagine when this pattern BULLISH ^_^
GLCH Potential Bottoming PatternGLCH USDT potential bottoming pattern. Respecting previous S/D zone. If BTC plays nice, this has potential to be produce big gains.
Glitch price targets Herby my updated analysis for the $GLCH price.
I think there is a decent change that we are forming a bottom right now, since we hold support on the first. trend line.
If somehow this trend line breaks, then a move to the lower trend line is very likely.
The trendines are getting steeper which indicates we're entering the parabola phase!
Targets for the next leg up are derived from the fib extensions.
Targets:
- $3.75
- $4.90
- $6.10
- $7.26
$GLCH / $USD - Long HoldGlitch protocol looks like a long term hold.
What do you guys think?
$GLCH #DEFI #OS #x100
$GLCH projection based on the LOG chartMy previous model on $GCH is broken, this model only looked at linear data. Since most of the moves in crypto are exponential most of the times. It could be better to take the LOG chart in consideration...
In this chart potential upside and downside is greater.
The support band of the LOG chart shows a potential bottom between $0.47 - $0.40.
Scenario still stands for $GLCHScenario still stands for $GLCH.
Look at the perfect touch and bounces of the support ban for GLCH. I excppect a run up towards $1.24 and $1.75.
GLCH updateI expect a last tab into the green support band before we really take off. This would be a test of $0.73 (previous resistance). Continued with a love towards $1.24 and $1.75.
The $1.24 level will not be that huge resistance since it's not in the red resistance curve.
GLCH targetsGLCH is forming a double bottom on the GLCHETH chart. The measured target is 0.00096ETH ($3.2 current ETH evaluation)
Target 2: 0.0012ETH (+-$4)
Target 3: 0.0017ETH (+-$5.7)
These $ targets are relative, calculated with an ETH price of $3350. If the ETH price rices as well these $ target will be much higher...
$GLCH long term view In this chart I show my expectations for $GLCH based on fib level and oversold/ overbought zones.
Red curve = overbought, we see a retranchement every time we get into this zone.
Green curve = accumulation, we get a pump every time we reach this zone.
First target around $1.25.
Target 2: $1.75
Target 3: $2.25
This chart will be updated once we go further in the cycle.
