GLMRUSDT Good BuyBINANCE:GLMRUSDT Technical analysis Update
GLMR's price has decisively broken out of its descending broadening wedge pattern on the daily chart, currently trading above both the 100 and 200 EMAs. This, combined with significantly increased volume during the breakout, strongly confirms bullish momentum.
Buy zone : Below $0.314
Stop loss : $0.262
Resistance 1 : $0.36
Resistance 2 : $0.435
Resistance 3 : $0.81
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Thanks
GLMRUSDT trade ideas
GLMRUSDT → Activation of the bullish pattern realization phase BINANCE:GLMRUSDT is lagging behind the overall growth of capitalization and altcoins. The coin is starting to show good potential and strong bullish dynamics. If bullish potential emerges, the coin will start to catch up quite actively with the increased market.
While the captalization and prices of many key altcoins have flown many % up, GLMR is now starting to show patterns and bullish momentum, which is a good signal for potentially big upside.
On d1, price is breaking the resistance of the descending channel and forming an ascending triangle, whose resistance is also already broken. Our task is to wait for the price to consolidate above the resistance zone and the emergence of a set-up for opening long positions.
Potential targets: 0.42, 0.44, 0.5.
Moving averages form a great signal for a bullish trend change.
Support levels: 0.2950, 0.2680
Resistance levels: 0.335, 0.400, 0.42, 0.5.
I expect consolidation above the previously broken resistance area, after which the bulls may start pushing the price up
CRYPTOCAP:TOTAL COINBASE:BTCUSD
Regards R. Linda!
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GLMR - HIGHER LOW? Optimum Buy in PriceSuppoman is looking for an optimal buy price of $0.06c
Other people may be hunting out the round figure of $0.10c
Wouldn't it be something if this was the low
and caused Max pain for the bargain basement coin hunters.
Leaving with them the choice to chase at higher levels or
capitulate and pay the unwanted premium
This is why #crypto is a tougher game than #stocks...
But the Bull market can make up for these huge pain points that it inflicts upon participants
$GLMR Ready To Start a New Uptrend Moonbeam's $GLMR; An ecosystem that was developing during the entire bear market and we will hear more about it soon. $GLMR began to correct in two stages from June 2022 to identify its main low and finally managed to introduce the $0.16 area as the last definitive low recorded after several rounds of support tests.
Currently, $GLMR has successfully broken out of its last bearish channel, and if it can break through the 50WeeklyMA, $0.56, $0.88 and even $1.43 targets will be available.
Goodluck
GLMRUSDT"As we enter the bullish season, the initial target to aim for is
target : 4 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
Moonbeam (GLMR)On the above 3-day chart price action has corrected 98% since January 2022. Many reasons now exist to consider a long position, including:
1) Price action and RSI resistance breakouts.
2) Price action support on past resistance.
3) Regular bullish divergence.
Is it possible price action corrects further? Sure
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Timeframe to act: now
Return: no idea
Ineteresting bullish situation with GLMR After the growth, the instrument began to consolidate, forming dynamic trend support from limit buyers and horizontal levels. A cascade of 3 0.25365. behind which are the stops of market participants. In the case of preloading and trading near the specified level, we can expect a breakdown for the execution of stops and the collection of liquidity behind it.
GLMR Want more uptrend GLMR UPDATE: GLMR looking strong and I’m expecting more higher price but we need to retest 0.2084 before we can see higher price to daily bearish OB at 0.3950 and if GLMR decided to do a run up from here… I will advice you take a short from 0.3950 or long from 0.2084… Manage your risk ⚠️
Upbit listing short repeater....IMX pumped by the Korean market last Thursday just before the Upbit listing of the coin...
GLMR just did exactly the same...
Time to short GLMR? I'll wait for a break to the downside on the smaller time frame, then the pull back, and go short all the way back down...
Spending money for the weekend in the bank by Friday.
GLMR. $0.55 key level.Moonbeam has a more developed ecosystem and perspective than moonriver. The multi-chain hack probably sank the moonriver, since the assets on this blockchain were purely synthetic, emitted through a multi-chain bridge. Capital and users will flow into Moonbeam.
As for GLMR price, we have a rather interesting range. $0.31-0.55 with the growth prospect from 35-140%.