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GLMR / TetherUS

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GLMRUSDT trade ideas

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.Usdt (Y22.P1.E2).Accumulation hypothesisHi All, It might be a case while BTC looks for the bottom which might be close to 34-35k, then this model makes sense. Similar to KNC, I would think this will have some bottoming formation. The question is how long ? and what is BTC going to do. This is not meant to be taken serious, but it would be nice to look back at and see how the forecasting model was against the real. The time scale is definitely a guess as well. All the best, S.SAri KNC model, early stages on its release
Long
by ssari
1
Will GLMR stay on top of current support?Hello everyone, Let's take a look at the GLMR / USDT chart on the 1D interval. please pay attention to the trendline marked in blue, as you can see that the price is approaching the exit from the trendline. It is worth paying attention to the CHOP indicator which shows that there is still some energy for the next move and the MACD indicator which shows the blue line over the red one which can potentially confirm an uptrend. Let's move on to the designation of the support line and we can see that the first support is at the price of $ 2.63 over which the price is currently located, the next support is at $ 2.44, $ 2.19, $ 1.81 and $ 0.82. Looking the other way, it is worth drawing resistance lines that the price must overcome when it starts to rise and here we have the first resistance at the price of $ 3.20, if we break it, the next ones are at $ 3.65, $ 4.04, $ 4.65 and $ 5.18. Please note the relatively high volatility of the price in short time intervals and be prepared for the price movement in the coming days.
by cryptodailyuk
GLMRUSDTHello Traders #GLMRUSDT (Moonbeam) is one of the most popular cryptocurrencies right now. This trending token has gained interest as a result of its Ethereum-compatible smart contract solution. Like many other Altcoins, Moonbeam coin is also affected by the volatilities of Bitcoin. I expect that after Bitcoin achieves a stable support level, Moonbeam will start to surge. The predicted prices for entry are illustrated in the chart below. Be patient and snipe these targets when the time comes.
by larogroups
$GLMR ShortShort term I expect price to hit the 4h Legacy trendline at aprox 1.5$ 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
GLMR Moonbeam moon?GLMR, or Moonbeam, has been getting destroyed, and the absence of Margin and Futures markets present limitations, I can't Short it. So my plan is to time the bottom. I'll be using the 4H and 15M charts to feel the market. And observing how GLMR channels, I expect GLMR to arc towards 2.20, it has moved 48% in 4 hours before, so nothing is unexpected. There's a lot of Bear activity, but there are signs of them losing steam. Best case scenario, GLMR pivots towards the Downtrend channel's Median. Target = 3.1889 A lot of things need to align for me to enter this Long, I'll be watching Level2 on a couple exchanges. P.S. Let me know if you have a chart you would like me to take a look at. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
by WhoIsWu
3