GLMR ❕ flagThe previous idea for GLMR was successful and after reaching the target we returned to the support level. The price accumulated below the wide range, and after breaking through the accumulation zone formed the Flag trend continuation pattern. During the correction the volumes decreased and the 50MA and 100MA formed a golden section on the 1H timeframe. I expect a fixing above the support level, and then the reching of the target indicated on the chart.
GLMRUSD
GLMR ❕ LONGAfter accumulating in the liquidity zone, the price formed a trend line. Now the price corrected and got into the range between the support and resistance levels, where it traded for the second day, during which a false breakout of the resistance level was formed. I expect the price to reach the trend line, and then fixing above the support level and a retest of the resistance level.
GLMR/USDT Bullish Cup & Handle Pattern if breaks then 200% TP#GLMR/USDT TA Update:-
$GLMR currently trading at $4.21
Currently forming Cup & Handle Pattern in Daily Time frame.
Handle Already broke out.
Big Breakout Point = $5.70
Best Entry:- $4.00-$3.80
Breakout Entry :- $5.70
Targets:- $5.7 ( First Entry Target)
Other Targets:- $9/$16/$50
Stop Loss:- $3.70
Red Box = Breakout Point
GLMRUSD The way to $16.00GLMRUSD is on a two-day pull-back sequence following Monday's High. The price has been rising without major pull-backs since the March 15 low and as been supported by the 4H MA50 (blue trend-line), which hit today. Short-term buyer will be tested here. If they fail, the next, and strongest Support Zone on the medium-term is the region within the March 15 Higher Lows trend-line and the 4H MA200 (orange trend-line), which is also where the 1D MA50 (red trend-line) currently is.
The upside has three clear targets in the form of the Resistances (7.00, 11.50 and 16.00 in succession) made of the Lower Highs during the token's correction in January - February. The safest buy approach is when the LMACD makes a Bullish Cross.
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DOT Total Value Locked Soaring on Defi Llama - FundamentalsLike Luna, AVAX, and Fantom before it DOT's TVL is soaring on Defi Llama
defillama.com
Over the past 1 month alone, the TVL has risen 1300% and this should soon correlate into a price surge in DOT.
With Moonbeam's full Layer-1 launch behind us, the growth in DOT and the ecosystem should begin to take off. There are several very strong DeFi and swap products on Moonbeam with great UX and UI.
The next major level to look for if BTC decides to head into the $50-$53k region for DOT would be the macro 618 at ~$39.61