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GLMRUSD trade ideas

Moonbeam: Biggest Polkadot Ecosystem Scam Ever?Moonbeam aka SEED_DONKEYDAN_MARKET_CAP:GLMR which is a #POLKADOT BINANCE:DOTUSD ecosystem coin is still down nearly 99% with only max 8 months of this cryptocurrency bull cycle left. Moonbeam is a failed project, as is #DOT. Nobody cares about either of those coins or any other coin within that ecosystem. The failure for the price to rally while the rest of the market has shown great strength should be a major red flag. I bet the founders are consistently offloading their free tokens on plebbish fools, becoming extremely wealthy in process. I would not be surprised to see it drop another 98.70% from current levels (98.70% is how much #MoonBeam aka #GLMR has dropped from its ATH), which would result in a near-zero price. Polkadot is a failed project and possibly a scam. Just my opinion though. I am shorting this on leverage.
KRAKEN:GLMRUSDShort
by couldntcomeupwithone
Undervalued MoonbeamAs i think we are at the bottom or so close to the bottom im giving some charts of my favourite projects and my bullrun targets , im analysing them fundamentally and with comparison with similar projects and also by reading the roadmap , glimmer is one of them and i love it , it belongs to top 50 definitely and my least target for it next year is 5.5$ , i think it stops falling soon in within weeks . Also gaining will be fast and strong as i think altcoins will outperform bitcoin next cycle ,theres no bottom for altcoins so im accumulating from now and waiting patiently. Stay safe fam and remember you should read about investing before actually investing.
CRYPTO:GLMRUSD
by mastershark
2
GLMR. Extremely bad tokenomics.From the point of view of technology, the creation of EVM smart contracts for polkadot parachain is a promising move. But, look at the tokenomics and the asset price. For $100 you will buy 280 GLMR with a total of 1 billion tokens and 460 million in circulation. It makes no sense. In terms of TA, this asset can reach $3.91, but in my opinion this is probably only at the peak of the bull market. Unfortunately for GLMR holders. All tokens are in the hands of the whales.
BINANCE:GLMRUSD
by Tropnik
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
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. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:GLMRUSDLong
by TradingShot
1
Tinkering that could predict new altcoin pricesWhenever a coin is new or making parabolic momements the retail consensus seems to assume there's no TA that can really predict where the price is going. And while that might be true, due to some few stubborn chartists or "market manipulation" by those who were lucky enough to have high liquidity in the protocol (start laying the way for the game), it seems that the first two candles on the hourly view can point in a general direction where the price will be going. I'm not trying to make anything new here, and if it has already been done, please tell me the name so I can forget about all these lines! I'm just publishing it so I can have some social accountability and see it viability for future projects. The logis is simple: From those few first bars, draw a trend line from their O, H, L, C, to each of the next candles where it seems to have support or resistance, and then curiously enough the future price might follow these arbitrary consensus? One obvious caveat... Your chart gets messy FAST.
KRAKEN:GLMRUSD
by squeezedgrape
2