GLM/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
GLM
Golem (GLM) completed bullish Gartley for upto 23% moveHi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with BTC pair.
On a 4-hr time frame GLM has formed bullish Gartley pattern.
glm/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
GLMUSD Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Golem is another old coin looking really goodFirst of all like DCR & ATOM, GLM didn't have a huge move to the upside in the previous alt season and is consolidating really hard in BTC terms. Like ATOM its chart has been a huge sideways move. GLMUSDT is looking great because it retested its old key resistance zone and bounced very nicely. The current rally is looking very healthy and actually stronger than that of DCR and ATOM.
GLM keeps having little test pumps in BTC terms and I think that's a signal for a big pump to come. GLMBTC is where it was back in 2016-2018 and has reclaimed those ATLs.
Golem is listed on Coinbase and Binance, but doesn't have many pairs. The addition to Coinbase Pro or the addition of USDT & BUSD pairs on Binance could definitely push it higher.
Golem (GLM) completed bullish BAT for upto 33.5% rallyHi dear friends, hope you are well and welcome to the new update on Golem (GLM) token.
On a 2-day time period chart, the GLM has formed a bullish BAT.
Buying and sell targets:
Buy between: 0.00000779 to 0.00000743 btc
Sell between: 0.00000864 to 0.00000992 btc
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is 0.00000743 btc.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 33.5% and the big loss possibility is 5%.
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
GLM TO 1 USDT The Golem Network fosters a global group of creators building ambitious software solutions that will shape the technological landscape of future generations by accessing computing resources across the platform.
🆓Golem (GLM) June-15 #GLM $GLMCurrently the 700sts zone has not been broken and the 700sts zone is still the area that has continuously generated the rally of GLM since March so we can continue to believe it until it is broken. If it is not broken, then GLM will rise back to the 900sts and 1100sts zones in late June and absolutely can increase stronger and create a new ATH
📈BUY
🔴Buy : 680-720sts. SL if B
📉SELL
🔴Sell : 880-920sts. SL if A
🔴Sell : 1070-1130sts. SL if A
♻️BACK-UP
🔵Sell : 680-720sts if B. SL if A
🔵Buy : 485-515sts if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
GLM - IH&S Pattern DetectedForming right shoulder of the IH&S pattern. Above neckline (red line) at $.6226 (lowest risk entry) has an implied move of $.168 and PT of $.791. Support zones are the green lines. A drop below the left shoulder support would invalidate this pattern and where your stop loss should be (a few cents under)
GLM explode and achieveFinally GLM did an amazing rally to the top of the extension and more (reaching %40 more of my signal).
I expect a retrace to the bottom of the channel seraching for more buy setup
Strong support for GLMWe can see in the graph how there is a strong support around 0.44 that works as a strong consolidation.
We can also see how it topped the historical trend line bouncing with a healthy rise.
If it falls back to the resistance of 0.44, do not panic because we will have more setup to buy for a new rise unless it breaks the resistance by moving it down.
Trade safe
If u like the idea thumbs up
Golem at the very start of a bull market, 3000% gains possibleWhat is Golem Network Token?
Golem (GMT, ex GNT) is an ERC20 token (recently migrated) that can be used to buy or rent computing power, which could be useful considering how much computing power is out there, without being used.
It could greatly benefit society, reduce waste.
There are companies, governments, or individuals that need to run computers to process imagery, movies, games, math solving, science, models, all sorts of things.
Rather than waste their money, factory production, energy to build these processing machines, earth natural ressources, and buy lots of heavy equipment, they could instead simply rent some of the millions of computers individuals do not use at full capacity, or at all when they are at work for example.
There is a real use case, and this is more than just a token. 2 days ago the team released Golem Mainnet Release Beta I.
"After several months of a focused effort of the whole Golem team, we’re proud to present you with the first official, albeit still experimental, mainnet version of the new Golem, also known as Yagna."
You can read more about it here:
www.golem.network
The token price is at a support level that is holding, it has been forgotten, the gambler and bagholder activity has hit zero, the price could drop and test the liquidity down there before rallying hard, test of faith even:
So this is what I got:
-> It is a good idea with a real usefulness, also simple to understand, and very "end user" what I mean it concerns everyone, it's not some weird industrial specialized project
-> The team, during all this "dead" time where all the scams have just been abandoned, have been working, I do not know how good the beta is, everyone should do their DD
-> It is "cheap", less than 1 usd per token, meaning plenty of gamblers might get attracted just by the "cheap" price (what if it was the next Bitcoin that went to $50,000?)
-> The price has potentially bottomed, and after a typical long bear market dead period, activity is starting to pick up, and it's to the upside
-> Potential to go up very far
GLMUSDT is Ready for a quick moveHello traders!
GLMUSD is in a perfect position to buy. It has broken all the resistance and it is ready to pick the strength.
The target is 0.7 which is 55% of the investment.
GLM - Squeeze ComingI'm not playing on this as it is too risky in the state of the market, but I'm curious where GLM/BTC is going to go from here. Right now it looks like we are getting to the end of a bull pennant and the candles are getting smaller and smaller. Additionally the BB's are getting really tight and the MACD is flipping bullish. I think it will make another move, but I am worried of BTC wrecking alts with another big move this weekend.
GLM LongPrice was respected around 0.19 and if price can break the .25 level it could continue up to .40 in the coming weeks.
GLM / BTCIt appears as though an inverse head and shoulders have formed on Golem here against the Bitcoin pairing. The Golem team have successfully completed the move to their own side chain, they also changed their ticker from GNT to GLM, which is why there is no forecasts on Tradingview. Progress is being made from within Golem and I like putting my efforts (and bitcoin) into teams that continue building and moving forward.
Aiming for the 2 targets mentioned in the graphic
