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GLMUSD trade ideas

100:1 GLM/USD LongThis is a long forgotten crypto I used to hold a lot of. GLM (formerly GNT) is a project building a distributed network for computing power. I have no idea what’s going on with the fundamentals but the chart, is very interesting. This is an 8 year long, very bullish, set up in my opinion. The risk to reward here is insane. I’m probably going to throw some cash at it very soon.(I bought at .422) The way I’m going to trade this is to buy here at .40 (I posted this on social media last night) Set a stop loss under .24 (risking ~40%) The target for a bull break of this pattern is over $20 So potentially ~5,000% gain. It also has a small market cap so it can move violently in either direction. If one was to throw in 1,000$ you might lose $500 You could also make like $50k I'll take my initial investment off the table at $4.00 Or I'll get stopped out at .24 It could happen next year, it could happen in January. The pattern is going to break eventually. This is a crazy, random, find and has massive potential IMO.
BINANCE:GLMUSDLong
by Nbhaines
BAT and ANCHR and maybe GLM good for a run?GLM is about to breaks some long term resistance if it can break free, just a little higher as you see top of channel on the chart. Also Bat has broken out of s hort term trend and looks interesting for a potential run. i like GLM anyway, its always easy to trade a conviction because you dont mind holding it if you need to. GLM is distributed compute, they have added GPU and they now provide hosting for language models on decentralized compute, fundamentally speaking they are in a fantastic place to me and with a <$500M market cap. I also work in AI a bit so I may be biased there as well, but keep an eye, it breaks that line, it should be a pretty good run. Order books look great on these, lots of traders expecting the price to go up with far out of the money asks. Also ANKR just broke out and set old resistance as support, it should be due for a good run any time now. ANKR break out: Bat double break out: BTC has staged a larger scale break out: BTC zoomed in: This is why you need to watch for right now and how we could pull back to $95k but no big deal its still way bullish where we are right now. Watch BTC though, it could pull back any time its at some resistance too and could pull back to $95k before moving back up. If it pulls back hard, it will take everything with it for the most part.
COINBASE:GLMUSD
by EncryptShawn
GOLEM: $0.38 | For the Good of Humanityan open source decenctralized Ai platform that onboards collective minds brilliant and crazy for the good of all this a project way ahead of its time yet ignored by most as there are no fanfare or ads to push nor influencers ambassadors even big shots to sponsor just like Sun Micros open source JAVA which Google bought for $9bn_+++ later proceeds which Vinod Koshla setup to venture in startups across industries we invest in ViSION which growth can be momumetal and epic
CRYPTO:GLMUSD
by senyor
Golum Soars Over 100% This WeekendGolum has been under the radar for some time in my list, exploded in price this weekend, surging over 100%. The price climbed from $0.30 to $0.64, as per weekend chart data above. However, it is now facing a hurdle at the $0.59 resistance level . This level represents a point on the chart where sellers have previously been able to halt price increases. A decisive close above $0.65 could be a bullish signal, potentially propelling GLM towards the $0.80 region.
CRYPTO:GLMUSDLong
by Z4F4R
30x RETURN??? $GLMUSD Golem BUT wait hear me out.... Analysis of GOLEM: 1. Weekly Trend: The weekly chart suggests a bullish trend with recent activity indicating a buyer willing to pay $3.87970 for COINBASE:GLMUSD . 2. Current Price: At the time of writing, the price of COINBASE:GLMUSD is $0.0617. 3. Support Level: There's a strong support level around $0.2539. 4. Daily Value Zone: The current value zone, where the price is considered reasonable, lies between $0.3508 and $0.2539. 5. Undervalue Stochastic K%: This indicates that COINBASE:GLMUSD is currently undervalued, with the Stochastic K% being below 50. This suggests that there might not be much more room for the price to decrease, which potentially sets the stage for an upward movement. If you are thinking of investing in GOLEM like investing in a rollercoaster. Right now, the rollercoaster seems to be at a lower point, suggesting it might be a good time to get on board before it starts climbing again. There's a solid base where the rollercoaster won't likely fall below ($0.2539), and people are already willing to pay more ($3.87970) for a ride. This indicates potential for profits. Investment Potential: Let's break down potential earnings for different investment amounts: 1. $500 Investment: If you invest $500 and the price of COINBASE:GLMUSD doubles, you would have $1000. 2. $1000 Investment: With a $1000 investment, if the price triples, you'd have $3000. 3. $5000 Investment: Investing $5000, if the price increases by five times, you'd have $25,000. Remember, investing in cryptocurrencies carries risks. It's like riding that rollercoaster – while there's potential for exciting gains, there's also a chance of losses. Always do your research and never invest more than you can afford to lose.
CRYPTO:GLMUSDLong
by ImmaculateTony
GLMUSD Consolidates After 80% Long Move: What's Next? Title: GLMUSD Consolidates After 80% Long Move: What's Next? Overview: Hello Traders, GLMUSD has entered a consolidation phase following an impressive 80% long move, prompting traders to anticipate its next move. COINBASE:GLMUSD Key Points: - GLMUSD recently experienced a substantial 80% long move, reflecting strong bullish sentiment and investor interest in the cryptocurrency. - However, the price has since entered a consolidation phase, indicating a period of price stabilization and indecision among market participants. - Traders are closely monitoring GLMUSD's price action for signs of directionality, as consolidation often precedes a continuation of the previous trend or a reversal. Technical Analysis: GLMUSD's price chart shows clear evidence of consolidation, with price action confined within a narrow range and volatility diminishing. Technical indicators reflect the market's indecision, suggesting a period of uncertainty before the next significant move. Conclusion: As GLMUSD consolidates after its remarkable long move, traders should exercise patience and wait for a clear breakout or breakdown before establishing new positions. It's essential to monitor key support and resistance levels for potential trading opportunities and adjust strategies accordingly. Don't Forget to Engage: Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you found this idea informative! Your engagement helps foster discussion and enrich the trading community. Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions. Happy trading!
CRYPTO:GLMUSD
by MarxBabu
GOLEM NETWORK Rising WedgeGot news for you: GOLEM NETWORK's not the only token trending in a RW pattern. There are many others. Upper shadows are long and deep above microtrend resistance, volume is relatively low on the upthrusts. Blood is in the forecast, but perhaps not before another bull trap rally. Don't get fooled by the FOMO. Stay safe! Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average). I've been a fulltime crypto trader/investor since 2017, and I handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Not financial advice. Always DYOR & trade at your own risk.
COINBASE:GLMUSDShort
by jalapablo
GLMUSD Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
BINANCE:GLMUSDLong
by hadimozayan
2
Why GLMUSD is worth a look, expecting >2000% run.This is a coin that I had talked about earlier in the year. It is showing some very bullish signs right now. Breaking out of it's channel, indicating an impulsive setup here. By the end of it's run, it could go up to $17, but over $7 for sure. The current channeling characteristics are looking like we could be in wave 3, which is typically the the strongest and most profitable wave. If waves 1 and 2 have already set up, 1.618 extension to wave 3 looks to be around $7, which would be your first TP target. We are also set up for a Wyckoff accumulation scheme here, and looks to have bounced off the Secondary test, headed to upthrust. Also.... Notice how RSI is divergent currently... This is a reasonably good setup for you to throw some money into this coin.
BINANCE:GLMUSDLong
by Zulu_Kilo
3