Glmrusdtperp
#GLMR/USDT Ready to go higher#GLMR
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.2370
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2595
First target 0.2800
Second target 0.3040
Third target 0.3300
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.2150
Entry price 0.2314
First target 0.2532
Second target 0.2859
Third target 0.3224
#GLMR/USDT#GLMR
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 0.2500
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.2700
The first target is 0.3300
The second target is 0.3000
The third goal is 0.3645
GLMRUSDT Good BuyBINANCE:GLMRUSDT Technical analysis Update
GLMR's price has decisively broken out of its descending broadening wedge pattern on the daily chart, currently trading above both the 100 and 200 EMAs. This, combined with significantly increased volume during the breakout, strongly confirms bullish momentum.
Buy zone : Below $0.314
Stop loss : $0.262
Resistance 1 : $0.36
Resistance 2 : $0.435
Resistance 3 : $0.81
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