GMT
STEPN GMTUSDT $0.25 : Realistic ROi: 20xStepn, the running/activity social project's token, GMT was one of the best examples of what can happen to a coin when people are really into the technology and concept behind it. Take a look at it's historic price movements and it's clear that this was an in-demand coin that quickly rose to ~$4.00 after being listed.
Currently sitting at ~$0.245 makes this one of the best options to stock up on, since crypto has the habit of returning quickly to its previous all time high (ATH), which is where I'd strongly suggested you get rid of itas it's unlikely to break that level on the first try. If I'm not dead by then, I'll probably post another notification that nobody will read. No matter. They sure make my GF proud as a motherf#.
DM for short-term one-on-one trade guidance on exits for all these..
HODLing's for the birds..
GMT 100% ?Hello trades,
the market is preparing for a big move.
GMT is one of the alts that I think it will shine in this move again.
like another alts, it`s running in a symmetrical triangle, with a target around 100% and 122% from the current price.
For me as a trader, I calculate my stop-loss before the target.
SL : 1 day candle supported with volume under the triangle.
or
TWO 1D candle under the triangle.
I will keep you updated anyway.
Follow for more.
Hope you have a nice day.
Step'N Down with $GMTI have opened a short position on $GMT, this is a swing short positon. Much of GMT's tokens have been locked up, currently 83.79% of the token supply is locked and not in circulation. However, these tokens are subject to a linear unlock that began March 1st, 2023. The distribution is currently as follows:
My avg entry as of right now is $0.433. I am looking to slowly DCA into a short position on GMT to increase my position as the market gives opportunity.
UNLOCK DISTRIBUTION
3,387,097 GMTs
Private Sale 1,219,355 GMT/Day ($483,846)
Move and Earn 812,903 GMT/Day ($322,564)
Team 580,645 GMT/Day ($230,403)
Ecosystem/Treasury 580,645 GMT/Day ($230,403)
Advisors 193,548 GMT/Day ($76,801)
The private sale of GMT token was at $0.005 per token. I confirmed this with the Step'n team. That means investors who were in early in the project are currently up 7860%. My guesstimation is that they will begin to sell their tokens to capitalize on this incredible gain. This coupled with technical analysis and price action I think can set up a great short opportunity. Not to mention, each month the % unlocked increases dramatically. Over the next 7 years the tokens will continue to unlock≥
If GMT fails here at this breakout level of $0.4 I think we will accelerate back to $0.3. Failing this wedge to the downside as a fake breakout to the upside could play out.
GMT - Will The Bulls STEPN'' ? 👣Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
GMT is retesting a previous major high so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
GMT formed a trendline in red but it is not ready to go yet.
🏹 For the bulls to take over, we need a momentum candle close above the gray last swing high to buy.
Meanwhile, until the buy is activated, GMT can still trade lower or even break the blue zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GMTUSDT Daily S/R| VAL| PA Context| Range High Evening Traders,
Today’s analysis – GMTUSDT- trading above a key support region where a rotation towards the range high is possible,
Points to consider,
- Price Action Impulsive
- Bullish Retest Zone
- VAL Support
- Daily S/R Support
- Range High Objective
GMTUSDT’s immediate price action rejection from its POC and is now finding support at an area that is in confluence with the VAL, Range Low and Daily S/R, allowing for a bullish bias.
The immediate objective is the range high, exceeding this level will mean a larger trend continuation.
Overall, in my opinion, GMTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
The market can stay irrational longer than you can stay solvent. - John Maynard Keynes