GLMRUSDT trade ideas
GLMRUSD ❕ similar situationMoonbeam shows an increase in volatility.
Price has fallen to the POC zone.
GLMR under 200MA at 30m Timeframe.
Growth in trading volumes when the price reaches the boundary of the zone shows a similar situation, after which there was a bounce.
I expect that now the price at fixing above the border of the zone will reach the resistance level.
UPDATE ON GLMR!Last wee I posted glmr thinking btc and whole market is bullish but market proved me wrong.
Btc looks like it will visit lower support levels and pull down all coins with him.
This is the zone where I will be longing glmr from , I wont enter before because of the current market.
After getting in marked area I expect glmr 7.4 levels and there will probably be my take profit.
GLMR.Usdt (Y22.P1.E6).Looking for the bottomHi All,
#GLMR #Moonbeam
With my bearish stance on BTC and a potential deeper correction (refer to my BTC streams and SP500 scenarios) we can potential play the channel or capitulate (yellow path).
The capitulation would be a fantastic quick result and much easier to deal with for an entry to go long.
Here, the yellow path will fit into the bump and run strategy very similar to the BTC 2019 bottom.
Follow this story with some daily or weekly updates.
The broadening wedge bottom could be a last effort bounce but I think it will not hold and then the channel comes into effect. Shorting all the way down would be fantastic.
Note: if it does capitulate, buy the bottom and stake it.
All the best,
S.SAri
GLMR BUY SIGNAL!!!GLMR reacted very well from 4h demand zone and has bullish divergence on 1h timeframe .
Homever we wont fomo in. Wait for 15minutes to make higher high(break structure) and then enter at 15m demand zone.
Enter at that level only if higher high get made.
TPs: 5.4 6.17
You can go for higher tps but these are the ones that I think are easily reachable.
GLMR in the next two daysduring this week, GLMR was ranging between 3.XX and 4.XX , I think the same thing will be repeated as long as the market is still not moving in big steps. So for those who do trading daily, it might be a good deal for them.
To resume, I THINK 3.5X will be a good entry level.
Thanks
GLMR SOON 50% UP???Glmr had small break of strcuture on 1h timeframe.
I call it small because it barely broke it, I will buy(Long) when it comes to demand zone drawn on chart.
Buy are would be bewteen 3.88-3.65
You can go for safer tp at 4.4 and make good 15%
You can make profit bigger by using levraeg. Since this 15% is notbad I wouldnt recommend using higher than 4 x leverage.
Set up tp at 4.4 and sl below this demand zone.
NOT FINANCIAL ADVICE,JUST SHARING MY OPINION!!!
Glmr/usdt symmetrical triangle H/S ideawhat we have here is a winning trade. i planned on buying at the lower trendline.
I did not open the trade based on what bitcoin. we all know btc is the driver of the show.
when btc dips 3% altcoins dip15%. so yes i had fear of losing money, a trait that needs to be eradicated when putting on a trade.
kill all fear doubt and uncertainty. Moving along...
now we have a new idea in motion. with the breakout of the symmetrical triangle.
The strategy here is buy the BCR (BREAKOUT,CLOSE,RETEST). WE Buy the re test of the breakout of the symm triangle.
good luck and i plan on posting more set ups...
GLMR daily broke bullish out of triangle GLMR daily chart...never seen this asset before.
It seems its brand new, and the last 2 days broke
out of the traingle and is holding support at the 50 day.
next move up would be $4.20 , and then
$4.51 and $5.10....RSI is still trnding upward.
Stoch RSI is curling bullish as well.
GLMR: ROAD OPEN TO THE TARGETSHELLO GUYS
-Yesterday, it rebounded from the middle of the channel towards the top, but it was in front of a solid crossover, the crossover of the EMA50 line, the BOLLINGER mid-line and below the MA7 line, and the momentum may not help it to breach.
-Today, however, it has penetrated, although the momentum is weak, but it has some strength that may grow with the passage of daylight hours.
-Now the way is open to reach the TARGETS.
Tight compress, sturdy explodeOn 1H TF
BINANCE:GLMRUSDT has been happening the correction wave. It's nearly done with support at 3.4, perhaps.
And we also have a invalidation level below 3.0; that level is very important.
Right now, GLMR is moving up to 4.5 before it can break to further.
GLMR might be at 7.0 and further at 10.8. Both level are a golden ratio of impulse wave at 3.4
Wait and see
GLMR based on support.Hello everyone, let's take a look at charting the GLMR to USDT in 1 hour. As you can see, price is moving above the local uptrend line.
Let's start with the line of support and as you can see the first support where the price is currently at is $ 4.12, if the support breaks down, the next is $ 3.59 and $ 2.96.
Now let's move from the resistance line as you can see, the first resistance is $ 4.20, if you can break it, the next resistance is $ 4.53, the next resistance is $ 4.82 and the next one is $ 5.08.
It is worth paying attention to the CHOP indicator, which shows that within 1 hour we have a lot of energy for the next move.