GLM Buy setup (1D)It appears that GLM has entered a triangle formation at the point marked by the red arrow on the chart. Currently, it seems to be at the end of wave D.
A buy position can be considered at the green zone during wave E.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
GLMUSDT
#GLM/USDT#GLM
The price has broken the descending channel on the 1-day frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have an upward 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 0.2400.
Entry price 0.3000.
First target 0.3746.
Second target 0.4413.
Third target 0.5090.
Prime Opportunity: Golem (#GLMUSDT) Major Bullish Move!I’m excited to share a trade setup for my favorite coin at the moment: Golem (#GLMUSDT).
Both the GLMUSDT and GLMBTC pairs are showing extremely bullish potential, and the price action is aligning perfectly with our trading strategy.
Key Points:
*Elliott Wave Pattern: The current chart reveals a compelling Elliott Wave pattern. Notably, wave 5 hasn't commenced yet, presenting an excellent buying opportunity, especially with the recent completion of the ABC correction.
*Perfect Pullback: This recent pullback is exactly what I've been waiting for. It marks the end of the correction phase and the beginning of a potential new upward movement.
Trade Setup:
*Entry Triggered: Today, my trade setup was triggered, offering a solid 1:3 risk/reward ratio. The current setup is highly favorable for entering a long position, capitalizing on the anticipated wave 5.
Conclusion:
Bullish Outlook: The bullish sentiment for Golem is strong, and this setup provides a promising opportunity for substantial gains. If you follow this trade, you might be thanking me later.
Happy trading!
#GLM/USDT#GLM
The price is moving in a 12-hour bearish channel, is very committed to it, and has just broken through it
We have a green support area at .5000 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong downtrend
Entry price: 5600
First target 6248
The second target is 0.6690
The third goal 0.7283
Golum Soars Over 100% This WeekendGolum has been under the radar for some time in my list, exploded in price this weekend, surging over 100%. The price climbed from $0.30 to $0.64, as per weekend chart data above.
However, it is now facing a hurdle at the $0.59 resistance level . This level represents a point on the chart where sellers have previously been able to halt price increases. A decisive close above $0.65 could be a bullish signal, potentially propelling GLM towards the $0.80 region.
GLM LOOKS BEARISHIt seems to be at the end of the F wave. It is now in the B wave diametric.
A long shadow resistance range has been created, which we marked with LSH.
By maintaining the red range, it can drop towards the targets.
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Golem GLM price is in an interesting and promising pattern#Golem CSE:GLM is a project with a history dating back to 2017
However, it attracted our attention not because of its history, but because of its high volatility in recent weeks and fairly good overall trading volume.
It seems that in 2024, they began to realize the growth for which they accumulated coins during 2022-23.
"The shadows" on top of the daily candlesticks over the past 3 days hint that someone is selling aggressively, locally, but selling. That is, a local correction is possible.
But it seems like a good idea to take a closer look at the #GLMUSDT long in the range of $0.40-0.43 with a target of +150% growth.
What do you think of this?
Glm/usdt ideaGlm/USDT price is currently rebounding from a key support level, indicating increased interest from buyers. As a result, I anticipate a potential breakout in the near future. If a breakout does occur, I foresee a bullish move ranging between 50% to 80%.
Please note that the above information is not intended as financial advice. It is crucial to conduct your own research (DYOR) and consider various factors before making any investment decisions.
GLM/USDT Next possible move? 👀 GLM Today Analysis💎 Paradisers, turn your focus to GLMUSDT. After facing resistance from a robust supply zone, it's now navigating within a demand zone, presenting intriguing possibilities.
💎 Historically, GLM has been repelled by the 0.1909 supply level on three occasions, leading to a bearish trajectory. Currently, as it operates within the demand zone, we foresee two potential outcomes.
💎 Firstly, if the price sustains its momentum within this demand zone, there's a high chance it will challenge the supply level once again. Alternatively, should the momentum wane and the price dips below the demand zone, we anticipate a descent towards a significant support level.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
Golem (GLM) forming bullish Gartley for upto 33% pumpHi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with US Dollar pair.
Recently we caught more than 36% pump of GLM as below:
Now on daily time frame, GLM has formed a bullish Gartley move for another price reversal.
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
Golem (GLM) forming bullish Gartley for upto 14% pumpHi 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 trade of GLM:
Now on a 4-hr time frame, GLM is about to complete a 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
✨Golem GLM - On fire! +2000% | Bullish flag + Huge breakout!
Golem is on fire! You really want to buy Golem right now because the bullish flag is breaking out and an ascending triangle on the GLMBTC pair also!
How can you not love the name of the coin? But you definitely will with the massive profits!
As per my Elliott Wave analysis, we are prepared for the third impulse wave to the upside. The third wave is usually the strongest, so you don't want to miss it.
The ABC correction has been completed, and we are forming a bullish flag pattern that is currently breaking out. You often find ZigZags corrections in bullish flags.
1:1 FIB extension is the next profit target (wave 3).
Look at my idea about the GLMBTC pair in the related section down below.
For more analysis, hit "Like" and "Follow"!
Golem GLM Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Golem GLM has a negative overall sentiment recently.
I have the following price targets:
GLM/USDT short
Entry Range: $0.21 - 0.26
Price Target 1: $0.19
Price Target 2: $0.166
Price Target 3: $0.149
Stop Loss: $0.285
Golem GLM - 2000% gains, hidden GEM!
GLM has been consolidating since 2019 with sideways price action, and it looks like we can experience an explosive move in the immediate short term!
On the weekly chart, we have an ascending triangle and a falling wedge. Both these patterns are generally bullish.
The price is now above the 200 weekly moving average. This MA is considered a strong level by huge institutions and hedge funds.
Golem is listed on all major exchanges, so pretty much everyone can buy it.
This altcoin can explode at any time, and it usually happens very quickly!
The altseason is in progress and you can check out my idea about BTC.D in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Golem GLMBTC - Huge ascending triangle! + Breakout soon- On the weekly chart we can see an ascending triangle - the most bullish pattern!
- Great opportunity to 24x your capital in upcoming weeks/months.
- If we take a look at the volume indicator - bullish volume is definitely higher, which is great.
- The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge institutions.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
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