Golem GLM Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Golem GLM has a negative overall sentiment recently.
I have the following price targets:
GLM/USDT short
Entry Range: $0.21 - 0.26
Price Target 1: $0.19
Price Target 2: $0.166
Price Target 3: $0.149
Stop Loss: $0.285
GLMUSDT
Golem GLM - 2000% gains, hidden GEM!
GLM has been consolidating since 2019 with sideways price action, and it looks like we can experience an explosive move in the immediate short term!
On the weekly chart, we have an ascending triangle and a falling wedge. Both these patterns are generally bullish.
The price is now above the 200 weekly moving average. This MA is considered a strong level by huge institutions and hedge funds.
Golem is listed on all major exchanges, so pretty much everyone can buy it.
This altcoin can explode at any time, and it usually happens very quickly!
The altseason is in progress and you can check out my idea about BTC.D in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Golem GLMBTC - Huge ascending triangle! + Breakout soon- On the weekly chart we can see an ascending triangle - the most bullish pattern!
- Great opportunity to 24x your capital in upcoming weeks/months.
- If we take a look at the volume indicator - bullish volume is definitely higher, which is great.
- The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge institutions.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Golem (GLM) completed bullish Gartley for upto 398 huge moveHi dear friends, hope you are well and welcome to the new trade setup of Golem ( GLM ) token with BTC pair.
Previously we had a nice short-term trade of GLM:
Now on a monthly time frame, GLM has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Golem is another old coin looking really goodFirst 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 that of DCR and ATOM.
GLM keeps having little test pumps in BTC terms and I think that's a signal for a big pump to come. GLMBTC is where it was back in 2016-2018 and has reclaimed those ATLs.
Golem is listed on Coinbase and Binance, but doesn't have many pairs. The addition to Coinbase Pro or the addition of USDT & BUSD pairs on Binance could definitely push it higher.