Get started

GMT

Are You Rdy GMT DOWN>?👌👌👍👍Well, now it's time to analyze the desired currency code for you and explain the reason for the decline. First, we are witnessing a high divergence and it should take a downward trend. Second, from the point of view of Elliott waves, it must complete its waves and take a downward trend, and the beginning of the waves is ready to work. The third has reached the top of the ascending channel and must return. The fourth trading volume has come down. Your friend Manouchehr Azar
Short
by ManochehrAzar
💘DOGE, ELON and TWITTER relationships in 1 idea!🔥On the rumors and after the news of the 🐦Twitter (TWTR) purchase, Dogecoin🐶 jumped by 37%. Dogecoin has a long relationship with Elon. Back in 2021, the entrepreneur started pamping this altcoin, after which Dogecoin grew by X200. So what do meme coin and the richest man in the world have in common? 🔎If you check the DOGE wallets, you will see that 50% of the TOTAL supply is owned by the top 14 wallets. It is a centralized coin and it is these wallets that sell their coins during the PUMPS. During the PAMPS by Elon Musk! I don't know if Elon helps the owners of these wallets or if they have a secret relationships, but Musk is doing them a great service. 🎓You can't sell something if no one buys it. Liquidity is a measure of how many people want to buy or sell cryptocurrency. If the market has low liquidity, then you can't sell a large amount of crypto. Very often big players face this problem (>$10-100M), but retailers can buy for $1000, $10000 or $100000 and the price won't even change. But if the asset has low liquidity, the price will go up very fast during a PUMP or fall quickly during a DUMP. Elon by tweets provides liquidity to sell for these wallets. 💥Immediately a large number of people want to buy, and if you look at the traded volumes, you will see that someone sold out very well. ⚖Balance changes of top Dogicoin wallets in the last 7 days: #1 -746M = $104,4M #2 +611M #3 -287M #5 +360M #6 -253M #20 -203M We can see the negative delta (BUY-SELL) of DOGE and these tweets are not on the HYPE, but when the price is only going up just by +37%! Can you imagine the sellout when DOGE was pumping by 20,000% in 2021? 📊Technical Analysis (TA). The price rebounded from the $0.122-0.125 support zone. Now it has successfully tested the trend line several times and has started to consolidate in the big value area of $0.139-0.147. If the support holds, then at least Doge will continue to consolidate, and at most it will continue to rise to local highs $0,17-0,18. Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
11
GMT Loading up for a move!Here's a quick Look at GMT 2 hr chart . As we can see, the price has been forming a symmetrical triangle and a break to the upside could be around the corner. We need BTC to get stable before it is safe to trade. The best entry would be, when the price breaks above symmetrical triangle with good amount of volume. Definitely one to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above the symmetrical triangle and take profits at the levels shown in the chart. Targets: 1. 3.44$ 2. 3.59$ 3. 3.83$ 4. 4.31 ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
8
Is GMT loading up for a massive move? - Here's the entry level!Here's a quick Look at GMT 2 hr chart . As we can see, the price has been forming a symmetrical triangle and a break to the upside could be around the corner. We need BTC to get stable before it is safe to trade. The best entry would be, when the price breaks above 3.45$ with good amount of volume . Definitely one to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above the 3.45$ and take profits at the levels shown in the chart. Targets: 1. 3.55$ 2. 3.78$ 3. 4$ 4. 4.3$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
20
🚩GMT: is the Marathon just beginning?👟Stepn(GMT) is a (so far) unique combination of a health and fitness app with play-to-earn mechanics. To make money you need: 📱install the app. 👟 buy NFT sneakers. The more expensive the sneakers, the more money you make. 🏁run every day. Tokens are awarded for the kilometers you run. Fundamentally, this is the first project of this kind (Move-to-Earn, M2E), that' s why it has gained so much hype. 📊 But lets talk not only about fundamental but about techical analysis. Globally, we can see 2 accumulation zone. It seems to me that after the last consolidation, not all the big players🐳 realized their profits. The second consolidation is in a smaller range of $3.1-3.5. It is a local price movement, which helps to open additional positions. Consolidation is a price movement in the range, where it is quite easy for a large player🐳 to accumulate or distribute a position with the manipulations. 🎓I always teach you to wait for manipulation before you open a trade, so be careful when the price is testing the trend line. Volumes should rise. That means the big player🐳 has shown a willingness to buy and the price will continue to rise! 🎯I use previous pattern to show you that the history can repeat and we will see the ssame price movement by 70-80%. The target for the price is about $5-5.5 area. A strong signal for continued growth is that at a time when all cryptocurrencies are falling🔻, this altcoin continues its consolidation and even growth. 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
19
GMT/USDT : Formed a bullish pennant !BINANCE:GMTUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $GMT has formed a symmetrical triangle, Which can be considered as a bullish pennant into higher time-frames. - Also $GMT is moving below the ATH and so it comes with three separated targets! If we get the closings above the resistance zone, Then you can open Long on a proper retest $3.5's broken zone. Targets are : - $3.66 ( ATH's resistance ) - $4.13 ( ATH's break-out target ) - $4.53 ( Symmetrical Triangle's break-out target ) - $5.00 ( Bullish pennant's break-out target + FIB extension's target ) Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
16
📊SOL: wait for the squeese and BREAKOUT!📈#6 Solana (SOL) has long been in consolidation with other cryptocurrencies. The whales🐳 have been making traps for traders by taking out stops of long and short traders for more than a month🎣 In consolidation, a large number of traders accumulate long positions, but the big player, in order to collect liquidity, makes manipulations🎣 Firstly, they start selling to long traders🐂 who open positions on a breakout of the $99-104 value zone. After that the price decreases below this zone and mass sales of traders who want to close their positions + short traders🐻 on the breakdown begin to open their positions. After that, the price goes up again and liquidate short traders. In trading, it is important to wait and it is not necessary to trade absolutely all of the patterns🍵 I'll share a few scenarios with you! First scenario. Price will continue to consolidate in this $99-105 value zone until Bitcoin clearly shows a trend. What is a trend we talked about in this idea! Second scenario. I have marked a global trend line under which the price begins to consolidate. Local manipulation is possible, but you need to pay attention to volumes. See how they were rising when the whales🐳 were doing the manipulations? The same should happen again! 🎯Targets: 🔶$113-116 🔶$135-140 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
5
GMT: BREAKOUT! READY TO GO $5!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this GMT/USDT TRADE setup. GMT looks good here. GMT is breaking out from the bullish pennant pattern in the 4hr time frame. Expecting it to reach $5 soon. Buy some now and add more in dips. Entry range:- $3.25-$3.40 Target1:- $3.70 Target2:- $3.92 Target3:- $4.44 Target5:- $5 SL:- $3.06 Use low leverage 2x-4x If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
3
GMT may be gaining strength for growthHello everyone, let's take a look at the GMT 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 line of support and as you can see the first support that the price has now relied on is $ 3.17, if the support breaks down, the next is $ 2.97 and $ 2.73. Now let's move from the resistance line, as you can see the first resistance is $ 3.36, if you can break it the next resistance will be $ 3.58 and $ 3.77 plus $ 4.42. Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy for the next move, while the MACD indicator indicates the beginning of an uptrend. It is worth noting that the price stopped at the support and the price consolidation started, this may mean a potential upward move.
by cryptodailyuk
7