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GLMRUSDT Perpetual Contract

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GLMRUSDT.P trade ideas

GLMRUSDTHello Traders #GLMRUSDT (Moonbeam) is one of the most popular cryptocurrencies right now. This trending token has gained interest as a result of its Ethereum-compatible smart contract solution. Like many other Altcoins, Moonbeam coin is also affected by the volatilities of Bitcoin. I expect that after Bitcoin achieves a stable support level, Moonbeam will start to surge. The predicted prices for entry are illustrated in the chart below. Be patient and snipe these targets when the time comes.
by larogroups
$GLMR ShortShort term I expect price to hit the 4h Legacy trendline at aprox 1.5$ where my buy orders start. I expect a nice bounce off this zone as price action has respected this trendline for a while now. Stack $GLMR for long term, If my 1.5$ buy goes through i'm gonna hold, however if it starts breaking and hard closing below the trendline there's possibility of sub 1$ price zone but that would need bitcoin to tank as well. Moonbeam rn has significant sell pressure from profit takers from Take Flight event, so with bitcoin going below 37k I can see a lot more of them realizing profits which would bring lower prices and sharper decline against bitcoin.
Short
by crypross
1
GLMR Moonbeam moon?GLMR, or Moonbeam, has been getting destroyed, and the absence of Margin and Futures markets present limitations, I can't Short it. So my plan is to time the bottom. I'll be using the 4H and 15M charts to feel the market. And observing how GLMR channels, I expect GLMR to arc towards 2.20, it has moved 48% in 4 hours before, so nothing is unexpected. There's a lot of Bear activity, but there are signs of them losing steam. Best case scenario, GLMR pivots towards the Downtrend channel's Median. Target = 3.1889 A lot of things need to align for me to enter this Long, I'll be watching Level2 on a couple exchanges. P.S. Let me know if you have a chart you would like me to take a look at. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
by WhoIsWu
3
GLMR 1H Disclaimer : It is not a financial advice am not a professional I don't take responsibility for your loss Just for educational purposes....... This is your host k9100............................ back at your service Please do your own research before investing ............................................... Zoom in and zoom out to see the targets and watch for red zone Hit like and comment, support the work Always remember to take profits simple chart red is resistance Green is support white is wedge pattern Enjoy the TA as this is new coin so 1H, but it is preferred to use 4H and 1 day, but we have to do with 1H as new coin watch out for liquidity and coins coming some are still locked some are getting air drop in dot staking
by k902