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Glmr

$GLMR ShortShort term I expect price to hit the 4h Legacy trendline at aprox 1.5$ 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.
Short
by crypross
1
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! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
by WhoIsWu
3
$MOVR/USDT 1D (#KuCoin) Falling wedge on supportMoonriver is looking bottomed here and about to start the reversal if manages to break-out! moonbeam.network Risk/Reward= 1:1.5 | 1:3.78 | 1:6.73 Expected Profit= +38.06% | +96.31% | +171.35% Possible Loss= -25.46% Fib. Retracement= 0.382 | 0.702 | 1 Margin Leverage= 1x Estimated Gain-time= 2 months ⚡️⚡️ #MOVR/USDT ⚡️⚡️ Exchanges: Binance, KuCoin Signal Type: Regular (Long) Current Price: 169.84 Entry Zone: 166.09 - 150.39 Take-Profit Targets: 1) 218.46 2) 310.64 3) 429.38 Stop Targets: 1) 117.96
Long
by TradingOn
6
DOT: MoonBeam Parachain & Descending Broadening Wedge PT $32While DOT is launching a new parachain every 2 weeks their smart contract platform (Moonbeam) just went live which is a very important period for PolkaDot's ecosystem - nearly everything in the ecosystem will depend on smart contracts. There are some very exciting projects launching on DOT, many of which have a heavy focus on the data computational layer sort of like Qualcomm or Amazon Web Services type of functions Moonbeam link - moonbeam.network Take a look here for all PolkaDot Projects: parachains.info From the TA perspective, DOT is breaking out of a descending broadening wedge on multiple timeframes and the initial target will be the top of the wedge at $32.
Long
by ich1baN