GLMRUSDT
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.
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 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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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