Moonbeam (GLMR) formed bullish Gartley for upto 35% pumpHi dear friends, hope you are well and welcome to the new trade setup of Moonbeam (GLMR) with BTC pair.
On a daily time frame, GLMR has just completed the formation of a bullish reversal 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
GLMRUSD
🟢 GLMRUSDT - 12H (19.09.2022)🟢 GLMRUSDT
TF: 12H
Side: Long
Pattern: Falling Wedge
Entry: $0.4541 - $0.4726
SL: $0.4541
TP 1: $0.4954
TP 2: $0.5209
TP 3: $0.5414
TP 4: $0.5620
#GLMR looks like it's found support and showing signs of recovery.
GLMRHELLO GUYS THIS MY IDEA 💡ABOUT GLMR is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
GLMRUSD ❕ upward channelGLMR is moving in the liquidity zone within the uptrend channel.
50MA breaks up 200MA on the 1H Timeframe.
TD Sequential - reversal signal down on 30m Timeframe.
Price is in the overbought zone on the RSI at 30m Timeframe.
I expect price to retest the lower boundary of the ascending channel, but after that it will go up.
GLMRUSD ❕ similar situationMoonbeam shows an increase in volatility.
Price has fallen to the POC zone.
GLMR under 200MA at 30m Timeframe.
Growth in trading volumes when the price reaches the boundary of the zone shows a similar situation, after which there was a bounce.
I expect that now the price at fixing above the border of the zone will reach the resistance level.
Glmr/usdt symmetrical triangle H/S ideawhat we have here is a winning trade. i planned on buying at the lower trendline.
I did not open the trade based on what bitcoin. we all know btc is the driver of the show.
when btc dips 3% altcoins dip15%. so yes i had fear of losing money, a trait that needs to be eradicated when putting on a trade.
kill all fear doubt and uncertainty. Moving along...
now we have a new idea in motion. with the breakout of the symmetrical triangle.
The strategy here is buy the BCR (BREAKOUT,CLOSE,RETEST). WE Buy the re test of the breakout of the symm triangle.
good luck and i plan on posting more set ups...
GLMR ❕ flagThe previous idea for GLMR was successful and after reaching the target we returned to the support level. The price accumulated below the wide range, and after breaking through the accumulation zone formed the Flag trend continuation pattern. During the correction the volumes decreased and the 50MA and 100MA formed a golden section on the 1H timeframe. I expect a fixing above the support level, and then the reching of the target indicated on the chart.
GLMR ❕ LONGAfter accumulating in the liquidity zone, the price formed a trend line. Now the price corrected and got into the range between the support and resistance levels, where it traded for the second day, during which a false breakout of the resistance level was formed. I expect the price to reach the trend line, and then fixing above the support level and a retest of the resistance level.
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
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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DOT Total Value Locked Soaring on Defi Llama - FundamentalsLike Luna, AVAX, and Fantom before it DOT's TVL is soaring on Defi Llama
defillama.com
Over the past 1 month alone, the TVL has risen 1300% and this should soon correlate into a price surge in DOT.
With Moonbeam's full Layer-1 launch behind us, the growth in DOT and the ecosystem should begin to take off. There are several very strong DeFi and swap products on Moonbeam with great UX and UI.
The next major level to look for if BTC decides to head into the $50-$53k region for DOT would be the macro 618 at ~$39.61