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GLM

BAT and ANCHR and maybe GLM good for a run?GLM is about to breaks some long term resistance if it can break free, just a little higher as you see top of channel on the chart. Also Bat has broken out of s hort term trend and looks interesting for a potential run. i like GLM anyway, its always easy to trade a conviction because you dont mind holding it if you need to. GLM is distributed compute, they have added GPU and they now provide hosting for language models on decentralized compute, fundamentally speaking they are in a fantastic place to me and with a <$500M market cap. I also work in AI a bit so I may be biased there as well, but keep an eye, it breaks that line, it should be a pretty good run. Order books look great on these, lots of traders expecting the price to go up with far out of the money asks. Also ANKR just broke out and set old resistance as support, it should be due for a good run any time now. ANKR break out: Bat double break out: BTC has staged a larger scale break out: BTC zoomed in: This is why you need to watch for right now and how we could pull back to $95k but no big deal its still way bullish where we are right now. Watch BTC though, it could pull back any time its at some resistance too and could pull back to $95k before moving back up. If it pulls back hard, it will take everything with it for the most part.
COINBASE:GLMUSD
by EncryptShawn
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!
Long
by CryptoPAMM
3
#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
Long
by CryptoAnalystSignal
1
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.
CRYPTO:GLMUSDLong
by Z4F4R
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
Short
by behdark
3
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?
by P_S_trade
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.
Long
by Crypto-Adda_Official
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
by MyCryptoParadise_Simon
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
Short
by BuySellMarketMaker
5