As we can see, GLCH has closed over the 20ema a few times with plenty of retests. A bit of a choppy market so definitely have caution, BTC could nuke and wreck the alts very easily.
I have some wild upside targets for GLCH, but lets stick to the short term.
200EMA & POC is at about .6772 on the daily. This seems like a likely place where GLCH will find some heavy resistance. Good flip from these levels. Good DCA regardless at these levels with a high of 2.99 at the peak of the last run. This is an up and coming L1 chain with a very low market cap and like 90% already circulating, great risk to reward ratio.
I'll be holding my GLCH for 1bn+ market cap, but theres a hell of a lot of trading that can be done until then!
I have some wild upside targets for GLCH, but lets stick to the short term.
200EMA & POC is at about .6772 on the daily. This seems like a likely place where GLCH will find some heavy resistance. Good flip from these levels. Good DCA regardless at these levels with a high of 2.99 at the peak of the last run. This is an up and coming L1 chain with a very low market cap and like 90% already circulating, great risk to reward ratio.
I'll be holding my GLCH for 1bn+ market cap, but theres a hell of a lot of trading that can be done until then!