GMT
#GMTIn the daily time frame, by exiting the density and breaking the resistance zone, it is pulling back to the range, and we can wait for the back reaction in the green box to enter the buy deal until the next supply range and the important daily resistance. You can trail the specified profit limit after entering the transaction.
GMT target 0.46 & 0.64h time frame
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GMT is creating a potential cup and handle structure since our last analysis(as below).
We can set up a new trading plan from this CH and original Elliott impulse wave. Both of them indicate that the first target is around 0.46, and final is 0.6.
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TP: 0.46 / 0.6
SL: 0.2665
GMT/USDT upward momentum from demand? 🚀GMT Today Analysis💎 Paradisers, take a moment to focus on #GMTUSDT, which is currently presenting an interesting scenario. It's trading in a demand zone, indicating a heightened chance of a bullish trend emerging.
💎 Recently, the #GMT showed respect for the resistance at $0.3468. Now, with the price gaining momentum in the demand zone, if this upward momentum is sustained, there's a strong likelihood of a bullish move. Should this trend continue, #GMTUSDT might aim for the higher resistance level at $0.4934.
💎 It's essential to remember the fluid nature of the crypto market, where adapting strategies is key. Should #GMT encounter difficulties in holding above the demand zone, a strategic reassessment might be necessary.
💎 This could mean anticipating a bullish recovery from a lower support level around $0.2341. Importantly, a fall below this secondary support level could be indicative of a potential shift to a bearish market trend. 🌴💰
GMT new update !GMT / USDT
I posted 2 bullish ideas regarding this currency
From 2nd idea : +33% profits
From 1st idea : +60% profits
Now price made a 20% comeback which is significant and retesting the weekly demand in confluence with breakout pattern
The blue zone is very interesting.. if price able to hold it, I will expect making new local high
Lose support zone and i will turn bear for it maybe for couples of weeks
Best of wishes
The GMT trend will soon be bearishOn the daily time frame we are in a large diametric.
The F branch of this diametric appears to be a symmetrical pattern. We are in the final symmetrical branch, i.e. branch i.
A slightly higher GMT uptrend could end and the GMT trend could turn bearish We expect such fluctuations from GMT.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
GMT/USDT Long: Seizing the Bullish Momentum! 🚀💹Certainly, here's a message for TradingView with emojis and the name "bitxer":
🚀 Bitxer's Trade Alert 🚀
Symbol: GMT/USDT
Position: Long
🎯 Targets:
1. 0.2063
2. 0.2246 (Best Entry Point 🚀)
3. 0.2349
🛡️ Stoploss: 0.1967
📈 Analysis:
GMT is currently in its demand supply zone and appears poised for a bullish run. The best entry point is at 0.2246. However, please exercise caution and consider your risk management strategy and account wallet size. You may choose to allocate 30% to 40% of your capital for this trade.
Remember, only invest what you can afford to lose, and keep a close eye on the market for any developments. Happy trading, Bitxer! 📊💰👍
GMT/USDT Upward Momentum??? STEPN Analysis Today💎 GMT has undeniably made a mark in the market's radar. Its recent trajectory showcases a triumphant breakout from the Descending channel, further solidified by a subsequent and valid retesting phase.
💎 Observing its chart, one can note that post its retest on the resistance trendline of the descending channel, GMT experienced a sharp upward surge, effortlessly breaching the supply threshold. However, its journey doesn't seem to halt there. While GMT has yet to undergo a retest after surpassing the supply zone, an optimal trajectory would see it first revisiting the demand zone between $0.1760 - $0.1695 before setting its sights on the next strong resistance target at $0.2090.
💎 Should GMT bypass this retesting step and directly vault over the $0.2090 resistance mark, it could be poised for a more extensive bullish run, Probability targeting the major supply zone and the bearish OB.
💎 On the flip side, markets are unpredictable. A less favorable turn of events might see GMT retracing its steps to the demand zone. If, during this phase, GMT falters and fails to uphold its position above the demand, it could signal a bearish shift. This downturn might see GMT descending further, potentially seeking refuge at a more foundational support level, underscoring the delicate interplay between bullish aspirations and bearish realities in the crypto landscape.
GMT/USDT It Required Break the pattern for continue upward move!💎 GMT has certainly turned heads in the cryptocurrency market with its notable ascent. The token has recently surged, marked by a robust green candle, as it breached a critical supply level. Currently, GMT is forming a bullish pennant pattern and has entered a retesting phase at a demand zone that was previously a supply area.
💎 For the upward trend to persist, GMT needs to break out from this bullish pennant formation, probability could pave the way for a swift move toward the targeted supply zone and potentially into overbought conditions.
💎 However, there's a less favorable scenario to consider. Should GMT retreat to the demand zone and fail to hold it—effectively breaking down through this support—it could trigger a descent towards the next lower demand level at $0.159.
💎 This level represents a crucial opportunity for GMT to rally and attempt another breakout above the supply zone or to recover the previously lost area. Should GMT be unable to maintain the $0.159 level, it may signal a shift to a bearish trend, increasing the likelihood of GMT moving towards a more substantial support area.
FITFI THE 2023 WHALES INCREASEFITFI is poised to potentially experience significant growth in 2023, reaching unexpected targets. We anticipate that FITFIT may rise to $0.03 by the end of 2023.
Several factors contribute to this potential upswing, including an increasing number of holders, a relatively low maximum supply, and a modest market capitalization. From a technical standpoint, the coin also demonstrates growth potential.
Key data to watch for is the 6-month milestone, which is a crucial point in the cycle. If the coin's trajectory aligns with the cyclical plan, FITFI could potentially achieve a remarkable 519% increase in market capitalization, making it an intriguing prospect.
It remains to be seen whether FITFI can break a new level soon. Please note that this information is not intended as trading advice."
GMT/USDT In the crucial zone, Need to break or Down is coming!💎 GMT has certainly piqued our interest. Currently, GMT is navigating within a descending channel pattern. Historically, GMT has shown a strong rebound upon touching the support trendline of this channel. It then surged upwards, only to face a stern rejection at the resistance level.
💎 Presently, GMT is making another attempt to surpass this local resistance. For potential buyers, it's prudent to await a confirmed breakout above this resistance to avoid potential false breakout.
💎 If GMT successfully breaches this resistance, it could pave the way for an upward trajectory towards the $0.1650 resistance mark. This particular zone is pivotal for GMT; a breakout here could signal a bullish momentum, propelling GMT towards the supply zone.
💎 On the downside, if GMT struggles to break the resistance and faces another rejection, it might retrace back to its key support level.
GMTUSDT, long to nearest resistence (0.1609) and upperHi, friends. For a first sorry for my english i dont speak a long time )
On gmtusdt we saw big volume of a bulls closing and price going down. But under 0.1544 there is no market activity. I mean nobody want to continue sell process. Bears closing and we slowly going upper to 0.1609, 0.1630 and maybe upper in a few days. But there is aslo a chance to flat around 0.1544.. we will see.
GMT ANALYSIS (1D)It's been a long time since the correction started after GMT's heavy climbs ended.
When it was going up, it seemed like GMT would go up forever, but make no mistake, no ups or downs in the financial markets last forever.
By examining the GMT waves in terms of price and time, we can see that we are in a downward and corrective diametric.
If we examine the corrective waves in more detail, we can get more details. So that the E wave of this large diameter itself has become a smaller diameter, and now we are inside the G wave of this smaller diameter.
The green area is where the major E branch of this major diametric can end and we enter the major F wave of this major diametric.
The optimized zone is the best zone for buy/long positions.
If the price only reached the green ob area and did not reach the optimized area and then gave bullish signs or confirmations, think about the buy/long position.
The red zone can be a safe zone target for F wave upward movements.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
GMT/USDT is Ready For a Potential Correction | GMT AnalysisYello Paradisers, let's zoom in on GMT!
💎At the moment, it's oscillating within a specific range, and we're eyeing a potential downward breakout on the horizon.
💎If this breakout materializes as anticipated, it's likely to catalyze a swift corrective move.
💎Worth noting are the dual confirmed order blocks in the shorter timeframe. Due to existing liquidity, the price is projected to gravitate towards these levels.
💎In a previous cycle, what was once a demand zone flipped into a supply area, leading to a marked price decline and zeroing in on the prior Order Block (OB).
💎As always in the ever-fluid crypto landscape, staying alert and adaptable is your golden ticket. Keep your charts fresh and stay tuned for more updates. Happy trading!