GLMUSDT trade ideas
GLM Coin Trading SetupGLM Coin Trading Setup
This is a setup for GLM coin trading. I observe a dominant bullish trend with institutional entry and validated trends in favor. My algorithm signals a long position, and I'm relying on that. Further details regarding the symmetrical wedge, targets, and stop levels are depicted on the chart.
GLM LOOKS BEARISHIt seems to be at the end of the F wave. It is now in the B wave diametric.
A long shadow resistance range has been created, which we marked with LSH.
By maintaining the red range, it can drop towards the targets.
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Golem GLM price is in an interesting and promising pattern#Golem CSE:GLM is a project with a history dating back to 2017
However, it attracted our attention not because of its history, but because of its high volatility in recent weeks and fairly good overall trading volume.
It seems that in 2024, they began to realize the growth for which they accumulated coins during 2022-23.
"The shadows" on top of the daily candlesticks over the past 3 days hint that someone is selling aggressively, locally, but selling. That is, a local correction is possible.
But it seems like a good idea to take a closer look at the #GLMUSDT long in the range of $0.40-0.43 with a target of +150% growth.
What do you think of this?
Glm/usdt ideaGlm/USDT price is currently rebounding from a key support level, indicating increased interest from buyers. As a result, I anticipate a potential breakout in the near future. If a breakout does occur, I foresee a bullish move ranging between 50% to 80%.
Please note that the above information is not intended as financial advice. It is crucial to conduct your own research (DYOR) and consider various factors before making any investment decisions.
Buy before failure, more risk, more profitIn my opinion, with the failure and limited stabilization of 0.75, it will have the ability to grow up to the range of 1.32 in the short term, the market value will be around 2mc in the future, although the future cannot be predicted, maybe the market value will increase even more.
GLM long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
GLM After Successful Last Trade Here is The new one
GLM Coin: Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
Golem (GLM): A decentralized platform for sharing computing power.
Launched: November 2016.
Market Cap: ~$xxx million (as of March 8, 2024, unable to find recent data).
Rank: #xxx on CoinGecko (unable to find recent data).
Unique Features:
Distributed computing: Enables users to rent out or purchase unused computing power.
Variety of applications: Can be used for rendering, simulations, scientific computing, and more.
Golem Token (GLM): Used to pay for computations on the network and participate in governance.
Recent News:
News unavailable: Due to limited data availability, I couldn't find recent news about Golem.
Disclaimer:
This information is for educational purposes only and should not be considered financial advice.
Cryptocurrency investments are highly volatile and carry significant risks.
Do your own research before making any investment decisions.
Additional Notes:
GLM price data is unavailable at this time.
The lack of recent news items makes it difficult to assess Golem's current development status.
It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.
Golem Goes Bullish (450% Profits Potential)We looked at Golem vs Bitcoin but the Tether pair (GLMUSDT) is also looking great, for sure.
We can see a very, very strong breakout recently with the highest volume in more than a year.
The accumulation phase also lasted more than a year. When the accumulation phase is long, the bullish wave that follows tends to be super strong.
The RSI is high up and we can expect fast growth... And it is already here; the trick is to buy and hold.
Of course, make sure to develop a take profits strategy on the way up.
This not financial advice.
Market conditions can always change... With that said, the timing right now is great.
Namaste.
GLM Rally Mode: Your Chance to Buy and Prosper!"## GLM Coin: Short Fundamental Analysis, Recent News, and Disclaimer
**Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
**Fundamentals:**
* **Purpose:** GLM is the native token of the Golem Network, a decentralized supercomputer that allows users to rent out spare computing power.
* **Tokenomics:** There is a total supply of 1 billion GLM, with no maximum supply.
* **Use Cases:** GLM is used to pay for computational resources on the Golem Network. It can also be used for staking and governance.
* **Current Price:** $0.245 (as of February 20, 2024)
* **Market Cap:** $245 million (as of February 20, 2024)
* **Ranking:** #236 on CoinMarketCap
**Recent News:**
* **February 16, 2024:** Golem Network announces partnership with Render Network, a decentralized GPU rendering platform.
* **February 14, 2024:** Golem Network releases Golem v0.14.0, a major update to the network software.
* **February 9, 2024:** Golem Network announces integration with Chainlink, a decentralized oracle network.
**Overall Sentiment:**
The overall sentiment for GLM is mixed. Some analysts believe that the recent partnerships and updates are positive developments for the network, while others are concerned about the lack of a maximum supply and the current market conditions.
**Disclaimer:**
This is just a brief overview of GLM Coin. It is important to do your own research before making any investment decisions. Please consider your own risk tolerance and investment goals before investing in any cryptocurrency.
**Additional Resources:**
* Golem Network website: (golem.network)
* CoinMarketCap page: (coinmarketcap.com)
* CoinGecko page: (www.coingecko.com)
I hope this information is helpful!
5000 TO 60000Hello friends
In continuation of the challenge I defined for myself, I went looking for a cryptocurrency that has almost just started its work and the previous cycle of Bolran was not in the market. Like the previous analyzes in the demand range, i.e. the green lines, I make my purchase and wait until I reach my desired target and exit in several stages, finally I exit in complete red lines.