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GLMRUSDT trade ideas

#GLMR/USDT Ready to take off upwards#GLMR The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1515 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 0.1587 First target 0.1703 Second target 0.1856 Third target 0.2024
Long
by CryptoAnalystSignal
1
#GLMR (SPOT-INVEST) IN( 0.1500- 0.1600) T.(1.2500) SL(0.1468)BINANCE:GLMRUSDT #GLMR / USDT Entry( 0.1500- 0.1600) SL 3D close below 0.1468 T1 0.4800 T2 0.7200 T3 1.0000 T4 1.2500 3 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. ______________________________________________________________ Golden Advices. ******************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. **************** My total posts www.tradingview.com ********************************************************************************************** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS #GALA #ONE #SYS #SCRT #DGB #LIT #QI #FIL #GLMR
Long
by Crypto_alphabit
#GLMR (SPOT) IN ( 0.2100- 0.2700) T.(1.2500) SL(0.2010)BINANCE:GLMRUSDT #GLMR / USDT Entry( 0.2100- 0.2700) SL 1D close below 0.2010 T1 0.4800 T2 0.7200 T3 1.0000 T4 1.2500 3 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. ______________________________________________________________ Golden Advices. ******************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. **************** My total posts www.tradingview.com ********************************************************************************************** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS #GALA #ONE #SYS #SCRT #DGB #LIT #QI #FIL #GLMR
Long
by Crypto_alphabit
Is GLMR Gearing Up for a Bullish Reversal? A Monthly Chart ViewThe monthly chart for GLMR/USDT provides a long-term perspective on its price trend, showcasing a significant evolution in price action over the years. Initially, the chart reveals a sharp decline, followed by a prolonged period of sideways movement, and now a potential attempt to reverse the downtrend. A clear downward trendline, drawn in white, connects multiple price highs, reflecting consistent selling pressure throughout the observed period. However, a recent breakout above this downtrend line, indicates a possible shift in market sentiment. Breakouts of this nature can signal a reversal of the prevailing downtrend, with a subsequent retest of the trendline often used to confirm the breakout's validity. The chart also highlights a price target, represented by a large green rectangle, pointing to an ambitious upward goal of 53.4477 USDT. Despite the current price of GLMR being 0.2285 USDT, this target underscores the potential for a significant recovery if bullish momentum builds. Key observations suggest that price volatility, initially marked by a steep decline, has tapered off over time into smaller fluctuations. While the breakout and retest signal a potential bullish trend, the risk remains that the price could fail to hold above the trendline and resume its downward trajectory. This analysis spans several years, starting in 2022 and extending to January 2025, emphasizing that such movements could require a considerable amount of time to unfold. Each candlestick represents a month of trading, providing a broad and slow-reacting view of market dynamics that is less sensitive to short-term fluctuations. In conclusion, the breakout and retest point towards a promising shift in GLMR’s long-term trend. However, investors should remain cautious and consider the possibility of rejection at the retest level while keeping in mind the extended timeframe for the target projection. Moonbeam is an EVM-compatible and substrate-based blockchain, which operates as a Polkadot parachain. Glimmer (GLMR) is the utility and governance token of the network, users can participate in governance, paying transaction fees, earning rewards through providing liquidity, and staking. Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
Long
by SigmaSignals
1
MoonBeam (GLMR) == (Glimmer) Investment/TradingMoonBeam is a parachain within PolkaDot ecosystem. Parachains = Specialized, application-specific blockchains that run in parallel within the Polkadot ecosystem. They are connected to and secured by the Polkadot Relay Chain, which coordinates the network's shared security, consensus, and interoperability. "PolkaDot" documents... wiki.polkadot.network Moonbeam's integration within the Polkadot ecosystem allows it to leverage the broader network's capabilities, making it a vital component for developers looking to build cross-chain decentralized applications. I have invested in CRYPTOCAP:DOT almost when its price was 8, 10, and 13 Dollar and had a moderate returns since my initial investment was low, then i sold it completely. I re-invested again in Mid 2022 through early 2023 and thanks to the great staking % rewards of DOT, now i own a great amount of it. MoonBeam is one of polkadot partners along with Chainlink and others and i believe Moonbeam will have a vital role within DOT ecosystem going forward. My entry in Moonbeam came little late as i failed to capture the prices below 15 cent, but i'm benefiting from the Staking rewards and been DCA in within the range in stated in the chart. Benefiting from this current bull cycle and having a strategic exist is vital. The market is liquid and very healthy for spot trading in this periods. I am still buying in DCA GLMR from my FLR + SGB rewards. There is a good trading opportunity here for GLMR and hope you can take advantage of it. NOTE: I only share what i do personally and this is not a financial advise folks.
Long
by ShadowDNA
2
new long signal for glmr 4hr timeframe 3 rsi and 35 rsiso this could be a good trade, you can long now, next target around 0.32 the 1.618 is at 0.44 so basically this would be like your short term top for now. What I see from other sources glmr could be up for a huge move so maybe you want to hold even longer. Leverage on low level max 15x. NFA You could also buy on spot now and just hold and sell at the 4$ level others talk about for longer term...brought to you by the J3D1, support your local wild animals
Long
by J3D1M31ST4
Glmr / UsdtBINANCE:GLMRUSDT 📊 **GLMR Price Analysis:** - **Current Price**: **$0.2232** At the moment, the price of GLMR is sitting at **$0.2232**, which is also a key **resistance level** 🚧. This means that if GLMR struggles to break above this point, we could see a potential reversal or consolidation around this level. --- **What Happens if the Price Breaks $0.2232?** If GLMR manages to **break above** the $0.2232 resistance level, we could see a potential move towards higher price levels. The next major resistance levels are: 1. **$0.2700**: This is the first level where price might face another strong resistance. If GLMR pushes through this, there could be more bullish momentum. 📈 2. **$0.3400**: If the price continues to rise, the next significant resistance zone is at $0.3400. This is a critical point to watch for potential reversals or pauses in the uptrend. 🚀 --- **What Happens if Price Fails to Hold Above $0.2232?** If GLMR struggles to maintain its position above the $0.2232 level and starts to fall, the key support zone to watch will be around **$0.2000**. If price reaches this point, we could see some buying interest come in and a potential bounce, but if support breaks, further downside may be possible. 🔻 --- 💡 **Reminder**: This is **not** financial advice. Always conduct your own research and manage your risk appropriately before making any trading decisions. 🧐📚
by Wolftrader1337
2
GLMR trade setupWeekly: long term analysis After more than 95% deep correction during the bear market, BINANCE:GLMRUSDT is building a reversal Head&Shoulder on a weekly time frame. Volumes are increasing since the All Time Low corresponding to the Head of the pattern and is following perfectly the H&S psychological structure. Short term analysis The inverted H&S pattern is attempting a breakout upward. If this breakout is confirmed, prices can start a strong upward move based on previous price action of GLMR. The latest higher low contracted the price’s volatility and offer us a good risk/reward setup. Strategy Buy signal will be given from a daily weekly close above the resistance line (neckline of the inverted H&S) around the 0.56$ mark. Objective 1: Next resistance line (with Risk/Reward =3) at 0.8$ ( +45%) Objective 2: Next resistance around corresponding to the H&S swing move target at the 2$ zone (+260%) Objective 3: Next resistance line at 5.7$ ( +900%) Invalidation Mental Stop: just below the recent daily swing low. This setup proposes a nice Risk Reward If prices retrace to this stop level we will wait for the daily closing price then set a Stop loss ¼ or Risk below the weekly close price. Risk = Distance between Mental stop and entry point.
Long
by pollux3000
2
Glmrusdt Trading opportunityGLMRusdt presents an intriguing opportunity, showcasing signs of reaching a potential bottom and preparing for a bullish reversal. Two prominent bullish setups, the descending broadening wedge and the strong Inverse Head and Shoulder (IsHs) pattern, have been identified. The final setup target aligns with the immediate target level of the wedge pattern, while the immediate setup target corresponds to the IsHs setup. These formations suggest potential upward movements for GLMRusdt. Highlighted on the chart are crucial demand zones, pivotal for accumulation purposes. These zones serve as strategic areas for potential entry and accumulation of positions. To accommodate market fluctuations, it's advisable to employ a wider stop-loss strategy, allowing for flexibility in volatile conditions. Boosting this analysis and contributing your comments is appreciated to foster insightful discussions.
Long
by weslad
6