#GLMR/USDT#GLMR
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.1800
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.2000
The first target is 0.2531
The second target is 0.3056
The third goal is 0.3591
Glmrbtclong
#GLMR/BTC [Moonbeam]: Bollinger_Breakout Resistance_Breakout_+_CWe've identified bullish signals on the GLMR/BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.