GLMR.Usdt (Y22.P1.E2).Accumulation hypothesis
Updated
Hi 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
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
Trade active
Note
This flat level seems to be holding.GLMR has reacted all BTC drops, so as long as BTC doesnt drop hard, Glimmer will do well.
We are still in accumulation mode, and hence the range is clear and how it behaves here is difficult and we can only take it one step at a time.
This flat level is showing support and it might be that we are doing a W formation to go to the upside.
Note
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