🟢 GLMR - 12H (18.09.2022)🟢 GLMRUSDT
TF: 12h
Side: Long
Pattern: Double Bottom
Entry: Around $0.4984 or within the red area.
SL: $0.4703
TP 1: $0.5108
TP 2: $0.5333
TP 3: $0.5516
TP 4: $0.5698
Nice double bottom found on GLMR 12H TF.
RSI and MACD almost ready to support the movement.
GLMRUSDT
$GLMR Potentially the Next Hidden GEMS at Parachain Ecosystem🔥GLMR or Glimmer is the one of project made by Moonbeam. It's like MOVR but GLMR running in DOT Ecosystem. Green Zone is the range of accumulation zone. if the range price can settle the market selling pressure, GLMR will be huge to in this range. Accumulation zone is in the chart. But i see a Bearish Rectangle in this zone. if it True the candle will break my bottom line.
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
02.06.2022 GLMRUSDT Long H4 OutlookRanging within a channel
1.Tested 1.42 then corrected to 78.6 fibs.
2.Tested 38.2 and failed to break and close above then corrected to fib 100 level.
3.Tested the 23.6 at $1.391 and failed to break and close above then corrected to fib 100
4.3rd test of fib 100 broke and closed below ending at fib 1.618 / $1.225
Fib 1.618 and now a correction should follow
GLMR.Usd (Y22.P3.Video1). How we approach this marketHi Traders,
I talk about the current scenarios\opportunities to trade #MOONBEAM #GLMR in the short time frames as well as looking for the macro bottom accumulation ranges, if it works to this plan.
So we plan, and track accordingly and tweak our plan if and when required based on new data\observed on the charts.
Please give me a like and share .
All the best,
S.SAri
8 hrly chart
Overview
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...
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.