GLMR.Usdt (Y22.P1.E6).Looking for the bottomHi All,
#GLMR #Moonbeam
With my bearish stance on BTC and a potential deeper correction (refer to my BTC streams and SP500 scenarios) we can potential play the channel or capitulate (yellow path).
The capitulation would be a fantastic quick result and much easier to deal with for an entry to go long.
Here, the yellow path will fit into the bump and run strategy very similar to the BTC 2019 bottom.
Follow this story with some daily or weekly updates.
The broadening wedge bottom could be a last effort bounce but I think it will not hold and then the channel comes into effect. Shorting all the way down would be fantastic.
Note: if it does capitulate, buy the bottom and stake it.
All the best,
S.SAri
Glmr
Is it the ideal moment to buy the GLMR while the market recover?Moonbeam is a Polkadot parachain that aims to improve multichain compatibility with Ethereum and other networks. Moonbeam is a smart contract parachain whose objective is to make Ethereum developer tools more accessible to individuals. Moonbeams has permitted balance transfers and the Ethereum Virtual Machine ( EVM ) on its network, which is one of its distinguishing features.
Bullish Scenario: The price of GLMR has risen above the $3.45 support level . We could see a retest of this level in the coming days, and if the $5.61 resistance level is broken, we could see a move towards $6.91, $8.41, and higher.
Bearish Scenario: On a shorter time frame, such as 4 hours, (4H), GLMR has been in an uptrend channel for a few weeks, but we can't disregard the bearish altogether, and failure to hold the support levels of $3.45 and $1.22 might lead to a plunge to $0.24 and below.
GLMR daily broke bullish out of triangle GLMR daily chart...never seen this asset before.
It seems its brand new, and the last 2 days broke
out of the traingle and is holding support at the 50 day.
next move up would be $4.20 , and then
$4.51 and $5.10....RSI is still trnding upward.
Stoch RSI is curling bullish as well.
Tight compress, sturdy explodeOn 1H TF
BINANCE:GLMRUSDT has been happening the correction wave. It's nearly done with support at 3.4, perhaps.
And we also have a invalidation level below 3.0; that level is very important.
Right now, GLMR is moving up to 4.5 before it can break to further.
GLMR might be at 7.0 and further at 10.8. Both level are a golden ratio of impulse wave at 3.4
Wait and see
GLMR based on support.Hello everyone, let's take a look at charting the GLMR to USDT in 1 hour. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support where the price is currently at is $ 4.12, if the support breaks down, the next is $ 3.59 and $ 2.96.
Now let's move from the resistance line as you can see, the first resistance is $ 4.20, if you can break it, the next resistance is $ 4.53, the next resistance is $ 4.82 and the next one is $ 5.08.
It is worth paying attention to the CHOP indicator, which shows that within 1 hour we have a lot of energy for the next move.
GLMR.Usdt (Y22.P1.E5). Knowing when to buy the dipGLMR.Usdt (Y22.P1.E5). Knowing when to buy the dip
Hi All,
This is a continuation of 2 previous posts on #GLMR #MOONBEAM, and as you can see, I have been doing well with some of these calls.
As I stated in the others, I'm looking for long term gains, potentially years to holding and prospering with this project.
There isn't enough evidence that this is a descending wedge and hence this is only a guess or feeling at this point.
Anyway, there are some clues as to the strategy and if you pay attention for those who are students of TA, you will pick up some pointers.
Please give me a like and a share.
All the best,
S.Sari
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WARNING: This could be easily be a breakout trap and like BTC and pullback for a shakeout so have your SL tight.
BTC chart below.
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PREVIOUS POST\s
GLMR/USDT Bullish Cup & Handle Pattern if breaks then 200% TP#GLMR/USDT TA Update:-
$GLMR currently trading at $4.21
Currently forming Cup & Handle Pattern in Daily Time frame.
Handle Already broke out.
Big Breakout Point = $5.70
Best Entry:- $4.00-$3.80
Breakout Entry :- $5.70
Targets:- $5.7 ( First Entry Target)
Other Targets:- $9/$16/$50
Stop Loss:- $3.70
Red Box = Breakout Point
GLMR.Usdt (Y22.P1.E4).Wyckoff works
Hi All,
#Wyckoff Method #GLMR #GLIMMER #MOONBEAM
If you followed my posts, even better our group, you would have made some gains with this.
Just wanted to share how accurate this Bottom reversal was aligned to one of Wyckoff accumulation model.
Previous posts below.
Please like and share,
All the best,
S.SAri
strong resistance level
1.618
GLMRUSD The way to $16.00GLMRUSD is on a two-day pull-back sequence following Monday's High. The price has been rising without major pull-backs since the March 15 low and as been supported by the 4H MA50 (blue trend-line), which hit today. Short-term buyer will be tested here. If they fail, the next, and strongest Support Zone on the medium-term is the region within the March 15 Higher Lows trend-line and the 4H MA200 (orange trend-line), which is also where the 1D MA50 (red trend-line) currently is.
The upside has three clear targets in the form of the Resistances (7.00, 11.50 and 16.00 in succession) made of the Lower Highs during the token's correction in January - February. The safest buy approach is when the LMACD makes a Bullish Cross.
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MOONBEAM (GLMR) toward 4usd targetglmr creating interesting structure which can have potential reversal zone around 4usd.
Technical analyze showing potential AB=CD pattern...we will see if glmr gonna break previous high,,,if so....then next target will be quick push towards 4usd...there is unfilled gap and above this gap there are lot of untested high which mean liquidity for big players....
lets see
GLMR.Usdt (Y22.P1.E1).Looking to go longHi All,
Moonbeam or Glimmer is one of those projects I entered in the public crowdloan offering.
I'm currently staking it for that 30% given earlier this year.
Looking to buy more, especially if we are going to have another ALT season or Bullrun in 2022 or 2023 which some data suggests, from a certain perspective. Obviously all speculative.
Refer to my live stream for what I think this is likely to be. Having said that, one must look at the chart and look to invest at the right time, and hopefully we get that > x1000 or more returns in the coming years.
One suggestion is layer in, for getting the bottom will be difficult.
With the chart, I have aligned my fibonacci to what makes sense to me and what formations are probable, all dependent on bigger players in the market.
We could have a reversal triangle bottom or wedge in the making, for now, we are waiting on the macd cross over to confirm the small time frame.
I do see crypto go up today, based on a few indicators I talked about on my live stream, here on my profile.
All the best,
S.SAri
GLMR.Usdt (Y22.P1.E2).Accumulation hypothesisHi All,
It might be a case while BTC looks for the bottom which might be close to 34-35k, then this model makes sense.
Similar to KNC, I would think this will have some bottoming formation. The question is how long ? and what is BTC going to do.
This is not meant to be taken serious, but it would be nice to look back at and see how the forecasting model was against the real. The time scale is definitely a guess as well.
All the best,
S.SAri
KNC model, early stages on its release
Will GLMR stay on top of current support?Hello everyone,
Let's take a look at the GLMR / USDT chart on the 1D interval.
please pay attention to the trendline marked in blue, as you can see that the price is approaching the exit from the trendline. It is worth paying attention to the CHOP indicator which shows that there is still some energy for the next move and the MACD indicator which shows the blue line over the red one which can potentially confirm an uptrend.
Let's move on to the designation of the support line and we can see that the first support is at the price of $ 2.63 over which the price is currently located, the next support is at $ 2.44, $ 2.19, $ 1.81 and $ 0.82.
Looking the other way, it is worth drawing resistance lines that the price must overcome when it starts to rise and here we have the first resistance at the price of $ 3.20, if we break it, the next ones are at $ 3.65, $ 4.04, $ 4.65 and $ 5.18.
Please note the relatively high volatility of the price in short time intervals and be prepared for the price movement in the coming days.
GLMRUSDTHello Traders
#GLMRUSDT (Moonbeam) is one of the most popular cryptocurrencies right now. This trending token has gained interest as a result of its Ethereum-compatible smart contract solution.
Like many other Altcoins, Moonbeam coin is also affected by the volatilities of Bitcoin. I expect that after Bitcoin achieves a stable support level, Moonbeam will start to surge. The predicted prices for entry are illustrated in the chart below. Be patient and snipe these targets when the time comes.
$GLMR ShortShort term I expect price to hit the 4h Legacy trendline at aprox 1.5$ where my buy orders start. I expect a nice bounce off this zone as price action has respected this trendline for a while now. Stack $GLMR for long term, If my 1.5$ buy goes through i'm gonna hold, however if it starts breaking and hard closing below the trendline there's possibility of sub 1$ price zone but that would need bitcoin to tank as well.
Moonbeam rn has significant sell pressure from profit takers from Take Flight event, so with bitcoin going below 37k I can see a lot more of them realizing
profits which would bring lower prices and sharper decline against bitcoin.
GLMR Moonbeam moon?GLMR, or Moonbeam, has been getting destroyed, and the absence of Margin and Futures markets present limitations, I can't Short it. So my plan is to time the bottom.
I'll be using the 4H and 15M charts to feel the market. And observing how GLMR channels, I expect GLMR to arc towards 2.20, it has moved 48% in 4 hours before, so nothing is unexpected. There's a lot of Bear activity, but there are signs of them losing steam.
Best case scenario, GLMR pivots towards the Downtrend channel's Median.
Target = 3.1889
A lot of things need to align for me to enter this Long, I'll be watching Level2 on a couple exchanges.
P.S. Let me know if you have a chart you would like me to take a look at.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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