#GLM/USDT#GLM
The price has broken the descending channel on the 1-day frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 0.2400.
Entry price 0.3000.
First target 0.3746.
Second target 0.4413.
Third target 0.5090.
GLM
Prime Opportunity: Golem (#GLMUSDT) Major Bullish Move!I’m excited to share a trade setup for my favorite coin at the moment: Golem (#GLMUSDT).
Both the GLMUSDT and GLMBTC pairs are showing extremely bullish potential, and the price action is aligning perfectly with our trading strategy.
Key Points:
*Elliott Wave Pattern: The current chart reveals a compelling Elliott Wave pattern. Notably, wave 5 hasn't commenced yet, presenting an excellent buying opportunity, especially with the recent completion of the ABC correction.
*Perfect Pullback: This recent pullback is exactly what I've been waiting for. It marks the end of the correction phase and the beginning of a potential new upward movement.
Trade Setup:
*Entry Triggered: Today, my trade setup was triggered, offering a solid 1:3 risk/reward ratio. The current setup is highly favorable for entering a long position, capitalizing on the anticipated wave 5.
Conclusion:
Bullish Outlook: The bullish sentiment for Golem is strong, and this setup provides a promising opportunity for substantial gains. If you follow this trade, you might be thanking me later.
Happy trading!
#GLM/USDT#GLM
The price is moving in a 12-hour bearish channel, is very committed to it, and has just broken through it
We have a green support area at .5000 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong downtrend
Entry price: 5600
First target 6248
The second target is 0.6690
The third goal 0.7283
Golum Soars Over 100% This WeekendGolum has been under the radar for some time in my list, exploded in price this weekend, surging over 100%. The price climbed from $0.30 to $0.64, as per weekend chart data above.
However, it is now facing a hurdle at the $0.59 resistance level . This level represents a point on the chart where sellers have previously been able to halt price increases. A decisive close above $0.65 could be a bullish signal, potentially propelling GLM towards the $0.80 region.
GLM LOOKS BEARISHIt seems to be at the end of the F wave. It is now in the B wave diametric.
A long shadow resistance range has been created, which we marked with LSH.
By maintaining the red range, it can drop towards the targets.
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Golem GLM price is in an interesting and promising pattern#Golem CSE:GLM is a project with a history dating back to 2017
However, it attracted our attention not because of its history, but because of its high volatility in recent weeks and fairly good overall trading volume.
It seems that in 2024, they began to realize the growth for which they accumulated coins during 2022-23.
"The shadows" on top of the daily candlesticks over the past 3 days hint that someone is selling aggressively, locally, but selling. That is, a local correction is possible.
But it seems like a good idea to take a closer look at the #GLMUSDT long in the range of $0.40-0.43 with a target of +150% growth.
What do you think of this?
Glm/usdt ideaGlm/USDT price is currently rebounding from a key support level, indicating increased interest from buyers. As a result, I anticipate a potential breakout in the near future. If a breakout does occur, I foresee a bullish move ranging between 50% to 80%.
Please note that the above information is not intended as financial advice. It is crucial to conduct your own research (DYOR) and consider various factors before making any investment decisions.
GLMTHB : Ready to 20 THBBITKUB:GLMTHB
Hello My Follower
My Technical Analysis Confirm Target Price of GLM/THB Ready to 20 THB Soon...
Resistance of this chart refer to Bitkub Exchange
First Resistance: 17.85 THB
Second Resistance: 20 THB
-----------------------------------------------------------------------------------------------
*Simple but powerful
Time to DCA this coin, Not Financial Advice!!!
GLM looks good for Next MoveGLM looks good for Next Move
A resistance flip breakout trade is a trading strategy used in technical analysis, typically applied to financial markets like stocks, forex, or cryptocurrencies. Here's a breakdown of the components:
1. **Resistance**: Resistance is a price level at which an asset historically struggles to move above. It represents a point where selling pressure is significant, preventing the price from rising further. Traders often use resistance levels to make trading decisions.
2. **Breakout**: A breakout occurs when the price of an asset moves above a key level of resistance. It signifies a potential shift in market sentiment and the possibility of an uptrend. Traders seek to capitalize on breakouts for potential profit opportunities.
3. **Flip**: In the context of trading, a "flip" refers to a change in the role of a support or resistance level. For instance, a resistance level that was previously preventing the price from rising may "flip" to become a support level, helping to keep the price from falling too far. This change in role can indicate a strong shift in market dynamics.
A resistance flip breakout trade, therefore, involves:
1. Identifying a resistance level on a price chart.
2. Monitoring the asset's price action as it approaches this resistance level.
3. Executing a trade if the price breaks decisively above the resistance level, signaling a potential trend reversal or continuation.
4. Additionally, traders may use the former resistance level as a new support level to manage their risk and set stop-loss orders.
This strategy is based on the idea that when a resistance level flips to become a support level, it can provide a strong foundation for a new upward trend. However, like any trading strategy, it carries risks and requires careful analysis and risk management. Traders often use technical indicators, chart patterns, and other tools to confirm potential breakouts and validate the strength of the resistance flip.
GLM/USDT Next possible move? 👀 GLM Today Analysis💎 Paradisers, turn your focus to GLMUSDT. After facing resistance from a robust supply zone, it's now navigating within a demand zone, presenting intriguing possibilities.
💎 Historically, GLM has been repelled by the 0.1909 supply level on three occasions, leading to a bearish trajectory. Currently, as it operates within the demand zone, we foresee two potential outcomes.
💎 Firstly, if the price sustains its momentum within this demand zone, there's a high chance it will challenge the supply level once again. Alternatively, should the momentum wane and the price dips below the demand zone, we anticipate a descent towards a significant support level.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
Golem (GLM) formed bullish Gartley for the next price reversalHi dear friends, hope you are well and welcome to the new trade setup of Golem (GLM) token with US Dollar pair.
Previously we caught almost 37% pump of GLM as below
On a 4-hr time frame, GLM has formed a bullish Gartley for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Golem (GLM) forming bullish Gartley for upto 33% pumpHi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with US Dollar pair.
Recently we caught more than 36% pump of GLM as below:
Now on daily time frame, GLM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Golem (GLM) forming bullish Gartley for upto 14% pumpHi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with BTC pair.
Previously we had a nice trade of GLM:
Now on a 4-hr time frame, GLM is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Golem GLM Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Golem GLM has a negative overall sentiment recently.
I have the following price targets:
GLM/USDT short
Entry Range: $0.21 - 0.26
Price Target 1: $0.19
Price Target 2: $0.166
Price Target 3: $0.149
Stop Loss: $0.285
Golem (GLM) completed bullish Gartley for upto 398 huge moveHi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with BTC pair.
Previously we had a nice short-term trade of GLM:
Now on a monthly time frame, GLM has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade