GLMRUSDT

$GLMR

GLMRUSDT – Bullish Cypher Pattern Forming | Reversal Setup 🔄🚀
Hey pattern traders 👋
GLMR (Moonbeam) is forming what looks like a textbook bullish Cypher pattern — and if this completes properly, we could be looking at a solid reversal play off key Fibonacci levels. This is the kind of setup where precision and patience pay off.

🔺 Cypher Pattern Breakdown
Let’s decode it real quick:

XA: The initial impulse leg

AB: Retraces 38.2–61.8% of XA

BC: Extends to 113–141.4% of AB

CD: Completes near 78.6% retracement of the entire XA move

If we’re completing the D-leg now, that’s where the buy zone comes in — right near the golden pocket of the move.

This isn’t just a harmonic — this is a measured, rule-based entry with a solid R:R structure baked in.

📈 Why This Matters
Cypher patterns are rare but powerful, offering reversal potential at points of max pain

Structure aligns with oversold RSI, and MACD is showing a flattening histogram — momentum might be shifting

If D completes near support, you’re looking at low-risk entries with explosive upside

🎯 Trading Plan (Example)
Entry: Near the Cypher completion zone (around 78.6% of XA)

Target 1: 38.2% retracement of CD leg

Target 2: 61.8% retracement of CD leg

Stop Loss: Below X-leg (invalidate the pattern)

This is not a hype trade — this is where pros take shots while everyone else panics at the bottom.

📌 GLMR Forming a Bullish Cypher – Reversal Could Be Near
Are you watching this pattern too? Let’s talk strategy — aggressive entry or waiting for confirmation?

#GLMRUSDT #CypherPattern #BullishSetup #CryptoTrading