Glimmer Peak & Bottom (395% Bullish Target Mapped)We have another interesting chart here when looking at Glimmer vs Bitcoin (GLMRBTC).
This pair hit bottom in April 2024, exactly five months ago, and this is a very long lower candle which surely removed all the stop-loss orders that were active in those days.
As the bearish wave continued to develop, we see each low coming closer to each other until finally a curve forms on the price and now we are seeing higher lows. It is interesting because the curve, higher low coupled with the high buy volume in late August reveals what is to come.
👉 Glimmer is ready to grow. And this is not just some growth, we are talking about strong growth, here we have 395% mid-term but long-term, there can be much more.
Prepare and develop your own trading strategy, mine is simple; Buy and hold.
Namaste.
GLMRBTC trade ideas
✳️ Glimmer From Downtrend To Uptrend (Easy 222% Target Mapped) Let's go back to basics:
➖ Uptrend = Higher highs and higher lows.
➖ Downtrend = Lower highs and lower lows.
We are using the Glimmer (GLMRBTC) chart to depict a transition from a downtrend to an uptrend. Pretty simple.
Now that we are on the uptrend side, this trend remains valid as long as GLMR continues to produce higher highs and higher lows.
Follow the trend!
Moving today above EMA50 with a very strong RSI —this opens the doors for a higher high with a potential of 222%. This is for the short-term (potentially within 30 days but things can always change).
How can it change?
Short-term, we consider within a month or 30 days. But this is just a projection and shouldn't be taken too seriously. The projected target can hit within a week just as it can take two months. Sometimes the market turn and instead of up there can be a drop, just so you know.
Time duration prediction is based on current action and is valid if market conditions stay the same. If market conditions change, we can expect the whole panorama to change.
It is still a bullish bias though and we are very accurate with the Altcoins charts.
Namaste.
Moonbeam (GLMR) formed bullish Gartley for upto 19.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Moonbeam (GLMR) with Bitcoin pair.
Previously we caught more than 81% pump of GLMR as below:
Now on a 4-hr time frame, GLMR has formed a bullish Gartley move for the next pump.
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.
#GLMR/BTC [Moonbeam]: Bollinger_Breakout Resistance_Breakout_+_CWe've identified bullish signals on the GLMR/BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
GLMR/BTC full bullish targetsIt is time to look for bullish signals with the BTC pairs
This time with GLMR we can see small bullish momentum on smaller time frames
But we can see on this chart... the price seems to drop "forever".
But.. we know nothing goes forever up or down. If some price can go up than it will go up.
It just a matter of probabilities in contrast with the overall market (here bitcoin is the macro level)
Feel free to ask signals or advice if you are new here
Take care and don't get greedy
Moonbeam (GLMR) formed bullish Gartley for upto 35% pumpHi dear friends, hope you are well and welcome to the new trade setup of Moonbeam (GLMR) with BTC pair.
On a daily time frame, GLMR has just completed the formation of a bullish reversal 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
GLMR Short/Medium-term bullish outlook My current outlook on GLMR. Price is currently within the golden pocket, showing nice OBV and RSI bullish divergences. It's held up very well despite Nomad bridge hack. I believe despite the hack and rate of inflation, GLMR will perform surprisingly well in the short to medium term. My TP zones as shown, time will tell