GMT
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
GMT SCALP LONGHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GMT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
GMT Bullish FlagBuckle up Guys, because this is one wild ride! GMT is breaking out of a bullish flag on the 4-hour timeframe, and it's looking like the bulls are ready to take charge! This is a major moment for GMT, and we're seeing some serious momentum building here. Can you feel the excitement? I know I can! So let's get ready to rock and roll with GMT, because this breakout is going to be epic! Boom!
STEPN ($GMT): "Classic" or "Irregular" wave B ?Hi everyone!
As clearly shown on daily chart, the main trend is bearish, but at the same time, in mid term, some technical (bullish) rebound is possible which we can use as Trade.
From a technical point of view, $GMT is showing a corrective structure (ABC) which could develop with two scenarios: Wave B above the previous bottom , or irregular wave B, with a new low before triggering a new rally (bullish leg).
PREVIOUS ANALYSIS
(Click and Play on Chart below)
...trade with care! 👍
Cheers!
If you think that my analysis is useful, please...
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N.B.: Updates will follow below
GMT CAN GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GMT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Stepn ($GMT) : ...Bullish continuation in short term?Hi everyone!
Short-term technical structure is still very interesting and $GMT seems to still be projected to upside. After hitting our previous targets (see chart below), either before or after a corrective structure (or pullback), I expect to reach my next target around 0.80 area , so I'll try to add Long positions on short-term pullbacks. With this in mind, a "Buy the Dip" approach might help.
OUR PREVIOUS ANALYSIS & SETUP
(Click and Play on charts below)
Thank you for support and your "Likes" ....we will continue to follow the crypto with updates below!
....thanks for your attention and please... trade with care! 💖
✴️ STEPNIf GMTUSDT (STEPN) can grow, why not the rest?
Do you really need many signals to confirm your bias?
Do you really have to wait for the "earnings", "CPI", CNN, FED meeting, the rocket launch, China news, etc. before you can make a trading call?
Do you really need to wait, wait and wait while everything continues to grow?
If you waited for Tesla's earnings, by the time the earnings went out Tesla grew by 60%. Waiting for the earnings might sound smart but it is confirmed in retrospect that it is a dumbs play.
Instead, you get to use these beautiful charts and buy at support...
If it breaks below, a trade is closed with minimum loss...
As it goes up... You get to earn on the way up.
Risk vs reward.
Low risk with high potential for rewards.
Basics trading.
TA, chart patterns, fibs., indicators, candlesticks, volume, waves... They all work and this is the game we play.
Ok, enough ranting... STEPN.
Super high volume as the year 2023 started.
Mostly green candles after the late December low.
A super strong RSI... And the strongest signal of all...
The major downtrend, black, is now broken, the bias is turned fully up.
Any bad news can produce a correction, but corrections will happen news or not.
Make sure to do your own research and plan before trading, market conditions can always change.
Make sure you have a plan as this can reduce risk and increase potential gains.
With a plan, you will also know what to do at the right time rather than getting caught off guard.
If prices jump fast, it can be as uncomfortable as prices dropping fast.
What would you do on a sudden 30% drop?
What would you do on a sudden 50% jump?
My strategy is simple... It can drop to zero, after years of going down I know how to think long-term, buy and hold.
I will sell when everybody starts saying that they are about to quit their jobs.
Namaste.
GMT looks like it wants to bounce on supportGMT
👉 RSI on 2hr is 38
👉 1hr is 32
Market Cap: 315.4M
Category: Move to Earn
Target 1: 0.6095
Target 2: 0.6856
Target 3: 0.7861
Stop Loss: 0.4675
Manage Risk - have a stop loss in place
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR