GLMR TA

in #cryptolast year

Introduction and fundamentals

Hey all, it's Ratigan finally returning to do some TA :).
Lately GLMR https://www.tradingview.com/chart/M4KXU7JY/?symbol=BYBIT%3AGLMRUSDT.P
has these random pumps ;). Information about GLMR.
Moonbeam (token GLMR) is a Multichain solution that expands to new chains. Powered by Moonbeam, an Ethereum-compatible smart contract parachain on Polkadot.

Buy and Sell targets

Here are some buy and sell signals based on my chart
BUY 1 ~0.24
BUY 2 ~ 0.237
SELL ~ TAKE PROFIT #1 0.25
SELL - TAKE PROFIT #2 0.253
If 0.5 fib breaks, she flies
SELL - TAKE PROFIT #3 0.26

Overall sentiment

The 0.5 FIB level is respected every time which is 0.253 if it breaks it flies as seen on Friday.

Chart

image.png

I will bring you some more juicy coins I see, always trade with a grain of salt and make sure you always use stop losses to guard against the BTC situation :)

Peace,

Ratigan