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GMT

🍕🌟BNB: long after the false breakout!When to open a long on BNB? In this idea I will tell you 1 method that will help you do it even if you are the beginner. 📊On the chart we can mark: 1. the mirror level of $313.5. A mirror level is a price level that can be both support and resistance for the price. 2. value areas that would be targets: 🔶$354-363. 🔶$373-382. 🚩In order to open a long trade, we need to look at an example of a short trade, which could be opened on a breakdown of the mirror level. Key points: 1. a return of price under the key level (false breakout). 2. volume growth on the breakout - a big player was selling BNB to the long traders. ✅A short stop-loss and a clear target to the trendline. 🚩How to open a long: 1. Wait for a false breakdown of the mirror level of $313.5, the return of the price above it. 2. The growth of volumes will show us that the big player is actively buying, while retail traders are selling. ✅Additional support will be the trend line, which the price may touch for the fourth time. A short stop loss and clear two targets. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
4
If BTC is stable, GMT may start to go upHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 1.29, if the support breaks, the next one is SL2 - $ 1.17 and SL3 - $ 1.02. Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 1.62, if you can break it, the next resistance will be T2 - $ 2.10 and T3 - $ 2.50, T4 - $ 2.90. Looking at the CHOP indicator, we can see that on the 1-day interval we are starting to recover energy, and the MACD indicator indicates an upward trend
by cryptodailyuk
GMT - how fast can the bulls run?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. After the bears broke the last low in gray , GMT has been overall bearish making lower lows and lower highs. Last week, GMT rejected the 1.0 round number and demand zone, however, we are not bullish yet. For the bulls to take over, we need a break above the previous high AND above the 2.0 zone acting as a resistance. Once we have this break (projection in purple) then we will be looking for buy setups on the 2.0 zone retest. Meanwhile, the bears can still reject the 2.0 zone for another bearish impulse movement till around the green demand zone. In this case, we will be looking for buy setups on lower timeframes as price approaches the 0.75 - 1.0 zone Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
25
🐶DOGE: where to open a LONG? Do you agree?Hi friends? When to expect a long on DOGE? In this idea I will talk about triggers to open a trade. 🚀While Elon is not making additional announcements about buying Twitter, which will certainly affect the price of this altcoin, Dogecoin is down by 91%. Meme Lord Mr. Musk has previously stated that Dogecoin could become an internet currency. It is likely to be used in a web3 project for Twitter in partnership with other crypto companies such as Binance. 📊 Technical Analysis. The price was in a triangle before breaking it down. This is not something new in the cryptocurrency market, in yesterday's ideas I talked about it in detail and it was expected. The price has collected liquidity several times under the key level of $0.084. Volumes also increased, which suggests that the price reacts to this level and a major player can accumulate a position. ✅What to expect now? If the price rises to the trend line and beneath it, we should expect the continuation of growth. 🎯The target for a long would be the $0.105-$0.110 value zone. It`s +26%. 📈If Bitcoin and stock markets, which the cryptocurrency market follows now, show strength and continue to grow, this target will be reached quickly! Are you friends waiting to open trades? I need to make an update for this idea when this opportunity comes? Write in the comments! 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
7
📊XRP: long after the false breakout! Enjoy it!Hi friends! Do you want to know what is the most common pattern on the crypto market? 📈False breakout is one of the main patterns of technical analysis. How do you apply it to XRP? Read the description for details! ✅What is the advantage of a false breakdown? This pattern is very easy to use. You need to mark a key level and wait for the price to break it and then return under it the next candle. Let's mark 2 key levels: 1️⃣ $0.92 is a key after the false-breakout, the price fell by 60%. 1️⃣ $ 0.34 is a key level, behind which there are shorts traders' sell orders and long traders' stop-losses. There is a lot of liquidity for the WHALES! If we look at the key level of $0.91 , we can see that this pattern works out perfectly. An additional trigger for going short is the rapid price movement. The price did not consolidate under this level, but broke through it with large candles. You may have guessed that someone pumped the price on purpose to activate traders' buy orders and then make them sell lower and lower (cheaper and cheaper). The same could happen with the key level of $0.34 only to open a LONG. The trigger for opening a long would be: 🚩 false breakout - the price broke through the level and returned above it 🚩 large volumes - the orders have triggered, the whale has collected liquidity to BUY As the price rises, everyone who opened shorts from $0.92 to $0.34 will be closing trades in a panic, which will give the price an additional impulse for growth. 🎯Targets: 🔶0.59-0.63 is the first target (+90%). 🔶0.74-0.78 - global target. If many traders opened short trades and Bitcoin shows the strength in the near future, the price will easily reach it. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
8
STEPN GMT/USDT Path Towards $1 Activated!STEPN (GMT) price appears to have chosen the next price movement which is woefully pretty negative. The market sentiments are not in favour of any upward trajectory. Therefore, more blood bath may be expected in the upcoming couple of days. Considering the GMT price, the price could soon break out of the symmetric consolidation and tank down squeezing another 25% in the upcoming days. The market again fell into bearish well fuelled by Bitcoin prices tanking below $30,000. Therefore, no prominent possibilities a rebound may be expected for the GMT price as the volume has depleted. Therefore, possibilities of GMT price dropping below $1 support zone emerges.
Short
by Coinpedia-Market-Insight
🔥ADA: is Cardano going to do it again? Trendline breakout soon!Hi friends! Cardano has been in a downtrend for over 8 months now. I can see the first signs of strength appearing on the chart. The volume indicator is showing large sales - it means that the Hodlers have finally been thrown out of the market. There are 3 value areas on the chart: ✅0.25-0.4 - support area 🎯0.81-0.97 - resistance area, target 1 🎯1.16-1.37 - resistance zone, target 2 Now we can see how the price tested the suppor area and reacted to that support. Additional support is the global trendline, to which price also reacted. 📊 The most possible scenario , if Bitcoin will not fall lower, is a consolidation above the support area of $0.25-0.4 and a breakdown of the local trendline, where you can open a long. Examples of a breakdown of the trend line, you can see on the chart. 📊 What scenario is also possible? Watch for a false breakout of the key level of $0.4 or the support zone. Why here? Most hodgers will think the price will go even lower, and a big player will collect all their liquidity at these key levels. [bPay attention to the volume indicator! The bars should go up, as shown in the example. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
4
📊ETH: is top 1 altcoin make it? The whales pattern again!Hi friends, today I will explain how to open a trade after a manipulation using the example of Ethereum and identify the closest targets. 🚩A few weeks ago I posted this idea without excluding a downside breakout. Long traders who were buying altcoin in a wedge became the fuel for the fall. After the bull trap, Ethereum fell by 39%. The global wedge did not work according to the rules of classical technical analysis this time and in the cryptocurrency market you need to learn to think outside the box. What's happening now? Etherium is making a local triangle, which is very likely to break up after a 40% drop, but there has to be a bear trap first. 📊🐻The algorithm of the bear trap (manipulation): 1️⃣ A big player sacrifices some of his capital and pushes the price down. 2️⃣ The triangle breaks down and short traders open their positions to short, and long traders get scared and may close their longs, thus giving their liquidity to the big player. 3️⃣ Price returns to the triangle and then breakout it. Short traders start to buy back Ethereum to close their losing shorts, and long traders start to buy again, because they turned out to be right. 4️⃣ As the price rises, the whale sells off all of its altcoins and the price changes direction. 🐳WHALES ARE IN PROFIT AND RETAILERS ARE IN LOSS! THAT`S HOW IT`S WORK! ✅The key level. I marked the key level of $1,804, where the price can also fall. This is a very attractive level for the whales, under which a lot of traders' stop-losses are located. In the first and second scenario, pay attention to the volume indicator as shown in the example. They should go up - this means that a big player has bought. 🎯 The targets: 1. $2288-2450 2. $2770-2990 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
8
✅Is GMT ready to PUMP? Long after the false breakout! 📈Stepn (GMT) is now in a triangle and according to technical analysis should break up. But will it really do that? In this idea I will explain to you where you can open a long with the highest probability of success. ✅Why is a long more possible? After bouncing back from the bottom by 100%, retail traders have started to accumulate altcoin in a triangle. On a local manipulation and a break down, a large number of GMT will sell off and a big player will accumulate enough position for a Long. Do you want to be like a big player? 🎯The targets: 1. $1.86-2 - value area, round number 2. $2.61-2.8 - value area 📊What do you need to pay attention to? 🔶The volume indicator will help you understand if a big player bought on this manipulation. The volumes should increase! 🔶Keep an eye on Bitcoin. Altcoins very often repeat its movements, so if there will be such a manipulation on Bitcoin, then also on GMT. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
18
#GMT/USDT RE_ENTRY !!Hello, dear traders welcome you to this GMT /USDT 4hr chart analysis. I have tried my best to bring the best possible outcome in this chart. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. As we can see from the above-mentioned chart that GMT /USDT is printing an inverse head and shoulder-like pattern which can happen. If a triangle pattern creates and retests the green zone and then we can take a long entry:-$1.50,$1.56. GMT has a resistance zone between $2.21-$2.20 which is the longest and strong resistance zone. and stoploss:-$1.40 If we take an entry at the neckline level of an inverse head and shoulder pattern then we can gain almost 50% to the resistance level and if it breaks the resistance then more % will add. We will keep updating you. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
Long
by CryptoSanders9563
#GMT/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this GMT/USDT 4hr chart analysis. I have tried my best to bring the best possible outcome in this chart. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. As we can see from the above-mentioned chart that GMT /USDT is printing an inverse head and shoulder-like pattern which can happen. If an inverse head and shoulder pattern creates then we can take a long entry:-$1.27,$1.42. GMT has a resistance zone between $2.21-$2.20 which is the longest and strong resistance zone. and stoploss:-$1.12 If we take an entry at the neckline level of an inverse head and shoulder pattern then we can gain almost 50% to the resistance level and if it breaks the resistance then more % will add. We will keep updating you. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
Long
by CryptoSanders9563
✅⚙BTC: market mechanics! Global and local view!📊Hi friends! Globally, Bitcoin looks very good: it has tested the lower boundary of the channel, closed above the key level, and volumes are up. But why there is no strong pullback, no price reaction? In this idea I will explain what you additionally should expect from the market in the coming week, so that you can open a trade in the direction that is more possible. 📊Weekly. Globally on Bitcoin, we see the test as support of the lower boundary of the channel and even a close below it. But what to expect this week? Pay attention to the volumes - they are lower than they were last May 2021. That means that not enough traders have liquidated and they are not in a bigger panic than they were a year ago. 💹This is negative for the price , because for the market to grow you need to have retail traders scared and sell all their Bitcoins and Altcoins to the big players, and that's not happening. There is no capitulation of the retail trader and investor. 70-80% of people who have been accumulating their positions in the $30-67k range for over 1 year should capitulate (there should be a huge liquidation on volume). This is the first sign of a trend change in the crypto market. If you don't know what a trend is, you can read in detail in this tutorial idea. 📊4 hours. The area of accumulation of long positions is highlighted in green, after which this liquidity became fuel for the 33% drop. Most in a panic closed their positions by market orders, in order to stay at least with some balance. 💹Locally the price is forming a bearish (rising) wedge, which indicates the weakness of the buyer and the fear of the retail investor. There could be a 26% drop to the $24-25k level according to classical technical analysis. Also, about 2 weeks ago I talked about Bitcoin falling in the short term when similarly there was no sign of buyer strength. The price dropped by 35% and a lot of traders took advantage of that ideas. 🚩What would be the additional trigger for this fall? If the SnP500 continues to fall this week, a fall in Bitcoin is extremely likely! There is a very high correlation between the cryptocurrency market and the stock market for the last 2 months. ⚙This is one of the scenarios that can be expected. Also, Bitcoin could repeat the consolidation of the summer of 2021 with liquidity collection and stop-loss takes out. ✅Friends, what are your ideas about the market? Will there be a rise, a fall or maybe a consolidation? Write in the comments! That way we can understand the sentiment of traders on TradingView who actually trade in the market! Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
BITSTAMP:BTCUSD
by Yuriy_Bishko
7