Get started

Moonbeam

GLMR.Usdt (Y22.P4.E1). How we approach this marketHi All, This is a continuation of the previous video post about how to find the levels of importance and potentially how to average in. Please look at the previous video which explains the assumptions and how we measured the fib targets. Moving forward, with this video, we look at it from another perspective for finer entries. We plan and we observe and if it hits our criteria, we then trade. Please give me a like and share, All the best, S.SAri
by ssari
1
August 30 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to CoinShare, digital asset investment products saw minor outflows last week totalling US$27m, marking the three consecutive weeks of outflows totalling US$46m. Bitcoin is up 3.28% over the last 24 hours and rose to an intraday high of $20,426.47. The largest cryptocurrency closed below the psychological level of $20,000 on Aug 28, but the buyers managed to push the price back above $20,000 today, which indicates strong demand at the $20,000 price level. For now, the buyers must hold the price above the psychological level of $20,000 in order to avoid further decline. Today’s Cryptocurrency Headline Moonbeam Integrates Cross-Chain Messaging Protocol LayerZero Polkadot parachain Moonbeam announced the integration of cross-chain messaging protocol LayerZero to facilitate Web3 interoperability. Derek Yoo, CEO of Purestake, Moonbeam’s parent company, said that the move aims to offer a broader messaging service across various chains such as Ethereum, BNB Chain, Polygon and others. Yoo said this will encourage developers to deploy their applications on Moonbeam. It was reported in May that LayerZero Labs was seeking a new financing round at a $3 billion valuation. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
GLMR.Usdt (Y22.P1.E6).Looking for the bottomHi All, #GLMR #Moonbeam With my bearish stance on BTC and a potential deeper correction (refer to my BTC streams and SP500 scenarios) we can potential play the channel or capitulate (yellow path). The capitulation would be a fantastic quick result and much easier to deal with for an entry to go long. Here, the yellow path will fit into the bump and run strategy very similar to the BTC 2019 bottom. Follow this story with some daily or weekly updates. The broadening wedge bottom could be a last effort bounce but I think it will not hold and then the channel comes into effect. Shorting all the way down would be fantastic. Note: if it does capitulate, buy the bottom and stake it. All the best, S.SAri
Short
by ssari
3
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.
BINANCE:GLMRUSDLong
by AltcoinBuzzTrading
GLMR.Usdt (Y22.P1.E5). Knowing when to buy the dipGLMR.Usdt (Y22.P1.E5). Knowing when to buy the dip Hi All, This is a continuation of 2 previous posts on #GLMR #MOONBEAM, and as you can see, I have been doing well with some of these calls. As I stated in the others, I'm looking for long term gains, potentially years to holding and prospering with this project. There isn't enough evidence that this is a descending wedge and hence this is only a guess or feeling at this point. Anyway, there are some clues as to the strategy and if you pay attention for those who are students of TA, you will pick up some pointers. Please give me a like and a share. All the best, S.Sari ================================================================================== WARNING: This could be easily be a breakout trap and like BTC and pullback for a shakeout so have your SL tight. BTC chart below. ================================================================================= PREVIOUS POST\s
Long
by ssari
GLMR.Usdt (Y22.P1.E1).Looking to go longHi All, Moonbeam or Glimmer is one of those projects I entered in the public crowdloan offering. I'm currently staking it for that 30% given earlier this year. Looking to buy more, especially if we are going to have another ALT season or Bullrun in 2022 or 2023 which some data suggests, from a certain perspective. Obviously all speculative. Refer to my live stream for what I think this is likely to be. Having said that, one must look at the chart and look to invest at the right time, and hopefully we get that > x1000 or more returns in the coming years. One suggestion is layer in, for getting the bottom will be difficult. With the chart, I have aligned my fibonacci to what makes sense to me and what formations are probable, all dependent on bigger players in the market. We could have a reversal triangle bottom or wedge in the making, for now, we are waiting on the macd cross over to confirm the small time frame. I do see crypto go up today, based on a few indicators I talked about on my live stream, here on my profile. All the best, S.SAri
Long
by ssari
1
$GLMR ShortShort term I expect price to hit the 4h Legacy trendline at aprox 1.5$ where my buy orders start. I expect a nice bounce off this zone as price action has respected this trendline for a while now. Stack $GLMR for long term, If my 1.5$ buy goes through i'm gonna hold, however if it starts breaking and hard closing below the trendline there's possibility of sub 1$ price zone but that would need bitcoin to tank as well. Moonbeam rn has significant sell pressure from profit takers from Take Flight event, so with bitcoin going below 37k I can see a lot more of them realizing profits which would bring lower prices and sharper decline against bitcoin.
Short
by crypross
1