GLMRusdt 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.
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.
Trade active
Trade active
The ISHS still in playTrade active
Keep holding final target will be under attack soon.Trade active
Discovering another formation of ISHS again on the horizonTrade active
Trade active
Price hitting important support area, this pave ways for massive buying opportunity.Trade active
Trade active
Keep holding the bottom is in. Note
Potential moving wave paths are shown for GLMR.The new buy back will be a good area for re-accumulation opportunity.
Note
Currently the coin is preparing for the last leg of wave 5 as shown on the chart before correction and move for final bigger move towards the final setup target.Trade closed: target reached
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.