GMT 4H : Bullish Wedge Chart patternThe Stepn(GMT) has been one of the best performance in the market recent weeks after its lunch.it has no clear in the 1day time frame because it has not long history.
For now at Time frame 4H It is in the Formed Bullish Wedge pattern which is Continuing pattern. so i think it is breaking upside soon in the coming days and more gain toward $2.7 ~ $2.9. I think it will definently so high potential to huge gain in the coming months.
A bullish Wedge chart pattern takes place in an upwards trend, and the lines slope down. It is also known as a Falling Wedge.
Happy trading 🌷
GMT
GMT UP Channel Pattern formationPossible formation of UP Channel Pattern.
If we break through channel line, then this idea will not be valid.
If we break upper line, we can get another pump, otherwise it can go down to previous support level.
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Please note that this is not a financial advice. Just my personal idea. Do your own research.
GMT - The BIG SHORT - 200% Profit 5x Leverage - 2 weeks timeCall me crazy or what but i feel its coming.
I am going to call this trade as The Big Short
Entry 1 @ 2.7
Entry 2 @ 2.88
Tp @ 1.62 (u guys can book where ever u want)
Stop loss @ 2.935
Max Leverage is 5x
This is going to get crazy
Good luck to those taking this trade
Remember to always apply stop loss
Not a financial advice, DYOR.
GMT Bearish Flag Pattern before new ATHIt seems we have here a Bearish Flag Pattern. Once we break the upper channel line we will see another pump of GMT and after some fluctuations we can reach a new ATH.
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Please note that this is not a financial advice. Just my personal idea. Do your own research.
GMT LONG SETUPMarket just finished 1-5 Elliot wave and started an ABC correction downwards, we are forecasting C (Last wave of a correction) should be around 1.43 zone, because going up market formed high volume institutional candle zone and also it is at 61.8 fib zone (reversal zone)
If our forecast is correct we are in M pattern, and after that should see a movement down.
Entry: 1.43647
Invalidation: 0.97648
Target: 2.95920
R/R Ratio: 3.13
GMT does not stop! New target, new ATH!Congratulations to all who followed my previous analys! Hope you all took a good profits!
GMT has grown much higher than I expected, which makes me more bullish about this amazing project.
Possible target based on the trend could be 2.60$ - 2.78$
Here we have two scenarios: (1) and (2).
Please, comment which scenario you think will happen.
P.S. As I'm doing more research about GMT, STEPN, I realise that this project has very big potential. It has really good roadmap and marketing plan. Huge brand like Adidas, Nike, ASICS, Head are going to annonce partnership with STEPN. More people are starting to use / talk / invest in it. In my opinion, that project will get massive and GMT price will increase much more. I would say 10$ is nothing for GMT, it can cost more than 50$ in the near future. So, my advice to them who are Holding: HOLD HOLD HOLD!!! We will get a big gains!
I want to wish Good Luck to traders - let's make more profits!
And I want to wish strong patience to Holders! Good things take time!
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Please note that this is not a financial advice. Just my personal idea. Do your own research.