✳️ Glimmer From Downtrend To Uptrend (Easy 222% Target Mapped) Let's go back to basics:
➖ Uptrend = Higher highs and higher lows.
➖ Downtrend = Lower highs and lower lows.
We are using the Glimmer (GLMRBTC) chart to depict a transition from a downtrend to an uptrend. Pretty simple.
Now that we are on the uptrend side, this trend remains valid as long as GLMR continues to produce higher highs and higher lows.
Follow the trend!
Moving today above EMA50 with a very strong RSI —this opens the doors for a higher high with a potential of 222%. This is for the short-term (potentially within 30 days but things can always change).
How can it change?
Short-term, we consider within a month or 30 days. But this is just a projection and shouldn't be taken too seriously. The projected target can hit within a week just as it can take two months. Sometimes the market turn and instead of up there can be a drop, just so you know.
Time duration prediction is based on current action and is valid if market conditions stay the same. If market conditions change, we can expect the whole panorama to change.
It is still a bullish bias though and we are very accurate with the Altcoins charts.
Namaste.
