Zulu_Kilo

Why GLMUSD is worth a look, expecting >2000% run.

Long
BINANCE:GLMUSD   GLM / US Dollar (calculated by TradingView)
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.