Short term I expect price to hit the 4h Legacy trendline at aprox 1.5$ where my buy orders start. I expect a nice bounce off this zone as price action has respected this trendline for a while now. Stack 
GLMR for long term, If my 1.5$ buy goes through i'm gonna hold, however if it starts breaking and hard closing below the trendline there's possibility of sub 1$ price zone but that would need bitcoin to tank as well.
Moonbeam rn has significant sell pressure from profit takers from Take Flight event, so with bitcoin going below 37k I can see a lot more of them realizing
profits which would bring lower prices and sharper decline against bitcoin.
GLMR for long term, If my 1.5$ buy goes through i'm gonna hold, however if it starts breaking and hard closing below the trendline there's possibility of sub 1$ price zone but that would need bitcoin to tank as well. Moonbeam rn has significant sell pressure from profit takers from Take Flight event, so with bitcoin going below 37k I can see a lot more of them realizing
profits which would bring lower prices and sharper decline against bitcoin.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.