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GLMRUSDT

GLMR/USDT bullish continuation from demand 🚀GMLR Today Analysis💎 Paradisers, let's take a closer look at #GLMRUSDT, which is currently navigating an intriguing path. The asset is showing significant potential for a bullish move from its current demand zone. 💎 Analyzing recent market trends for #MOONBEAM, it's evident that the asset has been following a pattern of descending, breaking above, and then surging upward. Recently, it encountered resistance at $0.6389 and retraced, but now it appears to be gearing up for a bullish move from the demand zone at $0.4185. If it manages to maintain momentum above this zone, the next major target lies at the supply level of $0.6389. 💎 However, given the volatile nature of the crypto market, #GLMR traders must be ready for various scenarios. If the price fails to sustain momentum at the demand level, a wise strategy would be to prepare for a bullish resurgence from the support level of $0.3625. 💎 Importantly, a decline below this support level would necessitate a strategic reassessment, as it could suggest challenges in maintaining a bullish course in the market. 🌴💰
Long
by MyCryptoParadise
GLMR/USDT Navigating a Promising Resistance Breakout? 👀 🚀GLMR💎Paradisers, let's zoom in on #GLMRUSDT as it's currently charting an interesting course. The asset has just breached a strong resistance level, paving the way for what seems like a potential upward trend. 💎 Diving into #MOONBEAMrecent market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then propelling upwards. Recently, after facing a hurdle at the resistance of $.2974 and retracing back to the channel's support, It has made another breakthrough above this pivotal level. If this breakout holds true and remains sustained, #GLMRUSDT could be setting its sights on targeting higher resistance levels at $.3712 and $.5437. 💎 However, in the ever-shifting landscape of cryptocurrency markets, #GLMR traders need to be prepared for a range of outcomes. Should the current breakout attempt lose momentum, a strategic approach would involve gearing up for a bullish rebound from the support level of $0.2557. 💎 Crucially, a downturn below this support level would signal the need for a strategic reevaluation, as it may indicate difficulties in maintaining the bullish trajectory in the market. 🌴💰
Long
by MyCryptoParadise
5
$GLMR Reached The 1st Target & Ready To Attack The 2ndHi friends, After forming a safe low at $0.16, $GLMR finally started its uptrend and reached its first target at $0.56. Considering that the 100WMA is located in the region of $0.9, I expect that after reaching the second target at $0.88 and crossing the 100WMA, $GLMR can easily reach above $1. In this case, reaching the third target at the level of $1.43 will only depend on time. Good volume, good attention from users, and proper progress and development from Moonbeam's R&D team promises very good days ahead for GLMR and the Moonbeam ecosystem. Don't forget to save profit and don't be greedy. "Like" & "Follow " if you want to see more of these ideas. Goodluck
Long
by BJWiseReal
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!
Long
by RLinda
3
ALTSeason 2023: TOP 10 Altcoins I'm WatchingHi Traders, Investors and Speculators of Charts📈📉 In my recent DOGEUSDT post, I explained the dynamics of how money constantly rotates in the crypto markets AND how the BTC halving affects this phenomena. If you missed it, check it out here: In short, after BTC rallies and cools down with a period of sideways trading, you can expect to see rallies across the Altcoin market, usually in order of market cap. Since we've already seen the higher cap alts rally like LTC and SOL; we can now expect to see parabolic rallies on "random" smaller-cap altcoins across the market. Note that is is not for the immediate term, in other words not TODAY, but alts that can potentially go parabolic between Q3 and Q4 of this year. Here are the top ones that I'm watching: 1) DOGEUSDT (although not a small-cap, I'm super bullish on DOGE) 2) BATUSDT 3) NEOUSDT 4) GLMUSDT 5) HBARUSDT I will update this chart over the next few days with the next 5, stay tuned NOTE that the price-range tool is not intended to indicate the date, NOR does it indicate that I expect the price to go up in a straight line. Allthough the price has gone up in a straight line before, the altcoin market is more mature than last time. These are REALISTIC targets as the price has been there before, however you will need PATIENCE to get there. This post is mostly for those who accumulate with their eye on certain targets, in other words the HODLERS. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:DOGEUSDT COINBASE:DOGEUSD BITTREX:NEOUSD BINANCE:NEOUSDT BINANCE:BATUSDT BINANCE:GLMRUSDT BYBIT:HBARUSDT.P BYBIT:HBARUSDT
CRYPTOCAP:TOTAL3Long
by CryptoCheck-
71
Volume Breakout Alert: GLMR Poised for Explosive Price Surge! 💎 Paradisers, get ready for some action! GLMR/USDT has just made a stunning move, shattering a robust trendline it has been faithfully following for a while. 💎 This breakout was escorted by an extraordinary surge in trading volumes, signaling a significant shift in market sentiment. 💎 The bullish momentum is tangible as GLMR/USDT flaunts its resilience and potential for an upward trajectory. 💎 Before this breakout, GLMR/USDT experienced a false breakdown, trapping unsuspecting traders. However, it swiftly rebounded and reversed its course. 💎 The breach of the trendline is a clear indication of renewed buying pressure, suggesting that the bulls are seizing control of the market. 💎 Traders and investors are keeping a close watch on GLMR/USDT as it prepares the ground for a potential rally. 💎 The high trading volumes accompanying the breakout further substantiate the bullish thesis and point to a strong market conviction. 💎 Keep a close watch on GLMR/USDT as it aims to leverage this newfound momentum and potentially soar to new heights. Stay tuned, Paradisers!
Long
by MyCryptoParadise_Simon
GLMR/USDT: Falling Node Wedge PatternHello, Traders! Exciting news awaits as we delve into the technical analysis of Glimmer (GLMR) against USDT. A falling wedge pattern has emerged, hinting at a potential bullish reversal in the near future. Don't miss out on this opportunity! Let's explore the details. 📈 Trading Pair: GLMR/USDT 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 Understanding the Falling Wedge Pattern: The falling wedge pattern is a bullish chart formation characterized by converging trendlines sloping downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern often precedes an upward price movement. 🔍 Identifying the Falling Wedge on GLMR/USDT: Upon analyzing the daily chart of GLMR/USDT, the following observations have come to light: 1️⃣ Recent downtrend: GLMR has experienced a decline in price over the past weeks. 2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows. 3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure. 📈 Price Targets and Trading Strategy: If the falling wedge pattern on GLMR/USDT plays out as expected, it could lead to a potential bullish breakout above the upper trendline, suggesting a reversal and potential price appreciation. Consider the following revised price targets: 1️⃣ Target 1: Resistance level near $6.00 2️⃣ Target 2: Psychological resistance near $8.00 3️⃣ Target 3: Potential breakout towards the all-time high of $12.00 🛡️ Risk Management: Implement these risk management techniques to ensure successful trading: 1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price movements. 2️⃣ Adjust your position size according to your risk tolerance and overall portfolio management strategy. 🔔 Conclusion: Keep a close eye on the GLMR/USDT trading pair as the falling wedge pattern continues to unfold. It suggests the potential for a bullish reversal, with revised price targets pointing towards $6.00, $8.00, and a potential breakout towards the all-time high of $12.00. However, please note that technical analysis is not infallible, and market conditions can change rapidly. It's important to combine this analysis with other relevant factors before making any trading decisions. Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial professional before making investment decisions. Happy Trading! 📈💰 #tradingview #technicalanalysis #fallingwedgepattern #GLMR #USDT #Glimmer #cryptotrading #chartpatterns #bullishreversal #tradingstrategies #investing #finance #marketanalysis
Long
by STP_MrNodeItAll
2
MOONBEAM (GLMR) long idea based on obv In the vast world of crypto, Moonebam Network shines, With GLMRUSDT, a trade idea intertwines. On balance volume, it diverges with might, Since November 22 of 2022, a hopeful sight. Through highs and lows, we've journeyed far, Witnessing an all-time low on May 10th, like a shooting star. But amidst the darkness, a divergence emerges, A glimmer of hope, as optimism surges. With on balance volume diverging hard, An upward movement may catch us off guard. A parabolic rise, like a rocket in the sky, Moonebam Network ascending, reaching new highs. So let's hold onto hope, and trust the signs, As GLMRUSDT paves the way, where opportunity aligns. From the depths of doubt, we anticipate, A journey of success, as we elevate. In this hopeful tale, we set our sights high, Moonebam Network soaring, reaching for the sky. With divergence as our guide, we'll ride the trend, A story of triumph, where dreams transcend. In the world of trading, risks come into play, But manage them wisely, in your own unique way. It goes without saying, it's NFA, To preserve your capital, make it sway. Set your stop-loss, keep your goals in sight, Trade with caution, both day and night. Take charge of your risks, let them not prevail, In this volatile market, where fortunes unveil. Research and analyze, before you dive, Make informed decisions, so you can thrive. But remember, my friend, it's your preference to decide, Manage risks effectively, and let success reside.
Long
by DepecheGST
1
GLMR Long SetupI been watching GLMR for a while now, Looking for a confirmation on both USDT and BTC pairs to ape into a long setup as I feel it is getting very interesting specially if we get confirmation on weekly chart. for those of you who been following me, you all know my style : my entry points are set at 0.5 and 0.66 pull backs, entry points are set based on current price and close of current candle on 4hour chart, If we make a HH on new candle, it will be changed and I will update you all. Good luck and dont forget to like and follow in case if you are copying this trade with me.
Long
by Cuckero