GLMR Bottomed? Watch This Key Trendline ReclaimGLMR has likely completed a full 5-wave impulsive decline, with the final leg extending after a clean deviation below the key trendline, printing a low at 0.0543. This marks a potential medium-term bottom. A corrective upside move is expected from this zone, though the broken trendline remains unreclaimed and now acts as resistance. The internal supply trendline around 0.2337 is critical — price may face strong rejection here. However, a confirmed breakout above it could open the door toward 0.757, aligning with a broader supply zone.
GLMRUSDT trade ideas
Glmrusdt Trading opportunityGLMRusdt presents an intriguing opportunity, showcasing signs of reaching a potential bottom and preparing for a bullish reversal. Two prominent bullish setups, the descending broadening wedge and the strong Inverse Head and Shoulder (IsHs) pattern, have been identified.
The final setup target aligns with the immediate target level of the wedge pattern, while the immediate setup target corresponds to the IsHs setup. These formations suggest potential upward movements for GLMRusdt.
Highlighted on the chart are crucial demand zones, pivotal for accumulation purposes. These zones serve as strategic areas for potential entry and accumulation of positions.
To accommodate market fluctuations, it's advisable to employ a wider stop-loss strategy, allowing for flexibility in volatile conditions.
Boosting this analysis and contributing your comments is appreciated to foster insightful discussions.
Moonbeam: Your Altcoin ChoiceAnother setup with classic bottom action behavior.
Good afternoon my fellow trader, it is easy to see that the down-move here is losing momentum. GLMRUSDT (Moonbeam) broke out of a downtrend in the form of a falling wedge and then continued dropping to hit a new All-Time Low.
This ATL has no bearish volume. The session (day) that produced the ATL ended green with a strong reversal candle. A dragonfly doji.
The main signal here comes out of the fact that the bearish move, the correction, has gone beyond 100% and has no momentum. The market moves in cycles and within these cycles we have waves.
A down-wave is followed by an up-wave. This can be easily seen by looking at several years of action across any Cryptocurrency chart. This can be seen here based on the action before the current situation.
In late 2024 Moonbeam went bullish and moved up. A bullish wave.
This bullish wave is immediately followed by a correction, a bearish wave.
After the end of this bearish wave, is now a period of consolation, the same that happened before November 2024. This new consolidation phase will end up with a price breakout, a new wave of growth.
Up and down, up and down.
Sometimes the up portion of the action is really big. That's the bull market phase.
Every few years, the down portion becomes really strong and that's the bear market.
A bull market follows a bear market. In between bearish and bullish, we get sideways. There is nothing more to chart, to analyze or to predict. After the market turns red, eventually everything changes and turns green.
To me, we are looking at the best possible entry prices, with great timing.
Expect maximum growth in 2-3 months. A correction, and then the bull market bull-run.
Namaste.
#GLMR/USDT#GLMR
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.0690.
Entry price: 0.0713
First target: 0.0730
Second target: 0.0750
Third target: 0.0774
#GLMR/USDT#GLMR
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 0.0888.
Entry price: 0.0893
First target: 0.0910
Second target: 0.0921
Third target: 0.0937
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0963
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.0977
First target 0.0990
Second target 0.1008
Third target 0.1030
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1130
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1152
First target 0.1180
Second target 0.1212
Third target 0.1244
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1240
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1280
First target 0.1360
Second target 0.1428
Third target 0.1500
#GLMR (SPOT-INVEST) IN( 0.1500- 0.1600) T.(1.2500) SL(0.1468)BINANCE:GLMRUSDT
#GLMR / USDT
Entry( 0.1500- 0.1600)
SL 3D close below 0.1468
T1 0.4800
T2 0.7200
T3 1.0000
T4 1.2500
3 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
______________________________________________________________
Golden Advices.
********************
* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
****************
My total posts
www.tradingview.com
**********************************************************************************************
#Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS #GALA #ONE #SYS #SCRT #DGB #LIT #QI #FIL #GLMR
#GLMR (SPOT) IN ( 0.2100- 0.2700) T.(1.2500) SL(0.2010)BINANCE:GLMRUSDT
#GLMR / USDT
Entry( 0.2100- 0.2700)
SL 1D close below 0.2010
T1 0.4800
T2 0.7200
T3 1.0000
T4 1.2500
3 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
______________________________________________________________
Golden Advices.
********************
* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
****************
My total posts
www.tradingview.com
**********************************************************************************************
#Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS #GALA #ONE #SYS #SCRT #DGB #LIT #QI #FIL #GLMR
#GLMR/USDT Ready to take off upwards#GLMR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1515
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1587
First target 0.1703
Second target 0.1856
Third target 0.2024
Is GLMR Gearing Up for a Bullish Reversal? A Monthly Chart ViewThe monthly chart for GLMR/USDT provides a long-term perspective on its price trend, showcasing a significant evolution in price action over the years. Initially, the chart reveals a sharp decline, followed by a prolonged period of sideways movement, and now a potential attempt to reverse the downtrend.
A clear downward trendline, drawn in white, connects multiple price highs, reflecting consistent selling pressure throughout the observed period. However, a recent breakout above this downtrend line, indicates a possible shift in market sentiment. Breakouts of this nature can signal a reversal of the prevailing downtrend, with a subsequent retest of the trendline often used to confirm the breakout's validity.
The chart also highlights a price target, represented by a large green rectangle, pointing to an ambitious upward goal of 53.4477 USDT. Despite the current price of GLMR being 0.2285 USDT, this target underscores the potential for a significant recovery if bullish momentum builds.
Key observations suggest that price volatility, initially marked by a steep decline, has tapered off over time into smaller fluctuations. While the breakout and retest signal a potential bullish trend, the risk remains that the price could fail to hold above the trendline and resume its downward trajectory.
This analysis spans several years, starting in 2022 and extending to January 2025, emphasizing that such movements could require a considerable amount of time to unfold. Each candlestick represents a month of trading, providing a broad and slow-reacting view of market dynamics that is less sensitive to short-term fluctuations.
In conclusion, the breakout and retest point towards a promising shift in GLMR’s long-term trend. However, investors should remain cautious and consider the possibility of rejection at the retest level while keeping in mind the extended timeframe for the target projection.
Moonbeam is an EVM-compatible and substrate-based blockchain, which operates as a Polkadot parachain. Glimmer (GLMR) is the utility and governance token of the network, users can participate in governance, paying transaction fees, earning rewards through providing liquidity, and staking.
Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
MoonBeam (GLMR) == (Glimmer) Investment/TradingMoonBeam is a parachain within PolkaDot ecosystem.
Parachains = Specialized, application-specific blockchains that run in parallel within the Polkadot ecosystem. They are connected to and secured by the Polkadot Relay Chain, which coordinates the network's shared security, consensus, and interoperability. "PolkaDot" documents...
wiki.polkadot.network
Moonbeam's integration within the Polkadot ecosystem allows it to leverage the broader network's capabilities, making it a vital component for developers looking to build cross-chain decentralized applications.
I have invested in CRYPTOCAP:DOT almost when its price was 8, 10, and 13 Dollar and had a moderate returns since my initial investment was low, then i sold it completely.
I re-invested again in Mid 2022 through early 2023 and thanks to the great staking % rewards of DOT, now i own a great amount of it.
MoonBeam is one of polkadot partners along with Chainlink and others and i believe Moonbeam will have a vital role within DOT ecosystem going forward.
My entry in Moonbeam came little late as i failed to capture the prices below 15 cent, but i'm benefiting from the Staking rewards and been DCA in within the range in stated in the chart.
Benefiting from this current bull cycle and having a strategic exist is vital. The market is liquid and very healthy for spot trading in this periods.
I am still buying in DCA GLMR from my FLR + SGB rewards.
There is a good trading opportunity here for GLMR and hope you can take advantage of it.
NOTE:
I only share what i do personally and this is not a financial advise folks.
#GLMR/USDT Ready to go higher#GLMR
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.2370
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2595
First target 0.2800
Second target 0.3040
Third target 0.3300
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.2150
Entry price 0.2314
First target 0.2532
Second target 0.2859
Third target 0.3224
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.1560
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.1633
First target 0.1870
Second target 00.2084
Third target 0.2380
GLMRUsdtthis is not advice. this for request ,y friends for this and i bacl after long time for them. you check fundamental about this token.
GL
EntryPoint:
0.3285
0.2861
0.2740
Supports:
0.2295
0.1837
0.1472
Resistance:
0.4233
Targets:
0.5850
0.8817
1.0938
1.4920
MidTime:
2.6455
4.0000
LongTime and HODL: (remember this is hard targets and better not more save for this)
6.739
12.0190
GL
new long signal for glmr 4hr timeframe 3 rsi and 35 rsiso this could be a good trade, you can long now, next target around 0.32 the 1.618 is at 0.44 so basically this would be like your short term top for now. What I see from other sources glmr could be up for a huge move so maybe you want to hold even longer. Leverage on low level max 15x. NFA You could also buy on spot now and just hold and sell at the 4$ level others talk about for longer term...brought to you by the J3D1, support your local wild animals