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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.