weslad

Glmrusdt Trading opportunity

Long
weslad Updated   
BINANCE:GLMRUSDT   GLMR / TetherUS
GLMRusdt presents an intriguing opportunity, showcasing signs of reaching a potential bottom and preparing for a bullish reversal. Two prominent bullish setups, the descending broadening wedge and the strong Inverse Head and Shoulder (IsHs) pattern, have been identified.

The final setup target aligns with the immediate target level of the wedge pattern, while the immediate setup target corresponds to the IsHs setup. These formations suggest potential upward movements for GLMRusdt.

Highlighted on the chart are crucial demand zones, pivotal for accumulation purposes. These zones serve as strategic areas for potential entry and accumulation of positions.

To accommodate market fluctuations, it's advisable to employ a wider stop-loss strategy, allowing for flexibility in volatile conditions.

Boosting this analysis and contributing your comments is appreciated to foster insightful discussions.
Trade active
Trade active:
The ISHS still in play

Trade active:
Keep holding final target will be under attack soon.
Trade active:
Discovering another formation of ISHS again on the horizon


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