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Glmrusdtsignal

GLMR/USDT: Riding the Bull, Waiting for the Dip!🐂📉 I'm analyzing GLMR paired with USDT. 📈 While it's been in a strong bullish trend 💪, it's currently trading at a premium and looks overextended. 😬 Looking at the recent price swing, it's clear we haven't seen a significant pullback. I'm seeking a buy opportunity 💰, but not at these current levels.. I'm waiting for a retracement down to the Fibonacci 61.8% level (equilibrium) 🧘, and then looking for a bullish break in structure (BoS) after the pullback to signal a good entry point. 🎯 Everything is explained in the video. 🎬 This isn't financial advice! ⚠️ GLMR/USDT: Riding the Bull, Waiting for the Dip
Long
by fxtraderanthony
GLMR/USDT Break out the key area, Indicating Bullish Momentum!!💎 GLMR has made a significant breakthrough by successfully breaching the key supply zone area, indicating a bullish momentum in the market and suggesting a continuation of the upward movement. There's a possibility that GLMR will reach our target area in this scenario. 💎 However, if GLMR fails to maintain its position above the demand area and breaks down below it, signaling a failed breakout, it could be interpreted as a bearish sign. 💎 This would entail a switch back to a downward movement, with the potential for the price to revisit the demand area around 0.347. 💎 Bouncing from the demand area is crucial for GLMR to attempt to regain momentum and potentially retest the supply area. If GLMR is unable to hold the support, indicating a breakdown, it would signify a bearish trend reversal, leading to further downward movement, possibly extending even lower.
by MyCryptoParadise_Nathan