DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving...
First of all like DCR & ATOM, GLM didn't have a huge move to the upside in the previous alt season and is consolidating really hard in BTC terms. Like ATOM its chart has been a huge sideways move. GLMUSDT is looking great because it retested its old key resistance zone and bounced very nicely. The current rally is looking very healthy and actually stronger than...
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Forming right shoulder of the IH&S pattern. Above neckline (red line) at $.6226 (lowest risk entry) has an implied move of $.168 and PT of $.791. Support zones are the green lines. A drop below the left shoulder support would invalidate this pattern and where your stop loss should be (a few cents under)
Finally GLM did an amazing rally to the top of the extension and more (reaching %40 more of my signal).
I expect a retrace to the bottom of the channel seraching for more buy setup
We can see in the graph how there is a strong support around 0.44 that works as a strong consolidation.
We can also see how it topped the historical trend line bouncing with a healthy rise.
If it falls back to the resistance of 0.44, do not panic because we will have more setup to buy for a new rise unless it breaks the resistance by moving it down.
Trade safe
If...
Hello traders!
GLMUSD is in a perfect position to buy. It has broken all the resistance and it is ready to pick the strength.
The target is 0.7 which is 55% of the investment.
What we mean by Add this coin to the watchlist ?! 👀
This means the coin we mentioned shows a reversal pattern or moving near a historical bottom, around or above good support, increase in trading volume , accumulation stage, breakout pattern, etc, so, we tell you to keep your eyes on this coin and add to your watchlist.
This is not financial advice, The purpose...
