🔥FORGOTTEN GAINER: STEPN (GMT) IS ON THE WAY TO NEW HIGHS?🔥 Hi friends! The media activity around Stepn a fall to it's yearly lows, so this is a time fot traders to pay attention to it. The retailers are already wiped out on this 46% dump as the overleveraged traders.
🚩 Aditionally, we see how the GMT price move during the double bottom pattern. This pattern calls the swing failure pattern cause the price can't fall/grow after the reaching swing low/high.
GMT already make it 3 times and now we see the 4th. All the targets for GMT will be reached, If BTC make a pullback to $19k. I think that is more than possible.
📊 TRADING PLAN:
🔥 long traders liquidation which happen not so far. We can see it on the growing volume bars. Also the short traders who open a trade on this dump will be forced to close their trades in loss. Such activity will push the price higher and higher
🔥 squeeze to the trendline before the breakout
🔥 bullish BTC is a must have for altcoin growth
🚩 The main task of traders is to understand the mood of the whales in different situations. I use DOM and Footprint scalping tools to idenify the big players. I see when they sold during the pump and buy during such "avalanches" like that. So it's very usefull tools.
✅ TARGETS:
1. $0.43 - the closest key level
2. $0.57-0.66 - the closest value area and strog resistance
3. $0.92-1.1 - the important value are and even number of $1, which is huge technical resistance
🚩 I recommend you to book at least 70-80% of profit at the 2nd target.
Traders, what is your targets for GMT? Write in the comments
💻Friends, press the "boost"🚀 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
GMT
GMT SCALPING DOWNTRENDThere seems to be a downtrend on GMT 15 Minute timeframe after the contraction and expansion phases. As long as the trend is respected you could probably make some decent profits.
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Contraction Plotter Indicator:
www.tradingview.com
GMT fall down .gmt has been rejected from current daily trend line.so we can look for a potential rejection to the downside.it will fall down and hit the previous low level which is the nearest support.also if it break th trend no problem we can also looking for a sell again when hts the daily support which may become the resistance again.so overall its a sell.
GMT Reversal in playPrice broke the two-month trendline with good volume. There is some resistance along the way, but with the strength that we are seeing across the board, I risk 1% of my account for a scam pump on this coin. And when the momentum has finished we short this back to zero. DCA from 0.55 to 0.51
GMT inverse Head and ShouldersOn the 15 minute timeframe it looks like GMT might be in an inverse head & shoulders pattern. Measured move upto 0.65 cents.
Also the 2 hour might be in a much bigger inverse head & shoulders?
We see green vectors below and red vector ranges above, so which way will it go?
Looks like the moving averages are getting tight and could see it breaking above the 200
Happy trading
Altcoin Action - GMTThere is a bullish cross of this support/resistance line at $0.56 that has been governing the GMT price action since mid March. Next resistance line rests at around a dollar. It could be pretty exciting if this longtime support recently turned resistance is actually breached, I'm waiting for some separation from the $0.56 line before diving in.
STEPN (GMT) forming bullish a Gartley for upto 13% pumpHi dear friends, hope you are well and welcome to the new trade setup of STEPN ( GMT )
On a 4-hr time frame, GMT is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GMT: Pullback from the strong slope. Weakness of buyersWatching the instrument to pullback from the strong slope to continue downtrend movement along the trend. The buyers are too weak to break the slope as enormous volumes were demonstrated to break the slope, but the attempt failed every time. There was another unsuccessful attempt and now we see the decrease of buyers volume. The target - 0.4565
GMTUSDTSTOPLOSS IS MUST
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PAIR GMT
Wait for the Breakout or breakdown Without confirmation of market no trade wait for confirmation
Also Make sure place trade when the 2nd candle after breaking zone breaks the body of previous break candle
LETS HIT THE Target
Control your emotion if you are trader
🕑GMT : THE HISTROICAL BREAKDOWN TREND GMT Have a high chance of different reason ( reward system, chart price action) to breakdown into possible crash points as 0,14 or below
We did add more details to the below chart about it.
At this moment there is no trend signal that shows that GMT is positive into this times, and for this reason, a long trade on GMT could be very high risk.
✅Most of our updates are LONG, but when there is a possibility that a coin could go short or crash in this case, it's good to write about it.
90% of the coins we add going directly into trends such as increased volume, this depends on the high study we do on the coins.
And all experience traders know there is no guarantee into these cryptomarkets, it's about the market flow of the moment.
GMT ON BREAKDOWN TARGETS 0,10 USD -81%GMT Has a high signal for a breakdown trend.
We see for a long time a term of breakdown trend that until now still has not changed.
Target 1 0,34
Target 2 0,22
We did add an update about a possible crash trend, if this would happen we could meet a price action of 0,10 USD.
For more info about that possible scenario see this chart below
This coin did hit ALL time low 7 months ago, and it can do it again.
we see more coins starting last time to hit ALL TIME low, an example is Jasmin.
This all depends on trend study, do always your study, as it's not a guarantee.
It's not about today, but the coming time.
It's better not to trade this coin for the coming time, LONG and short not. ( not advice)
Personally don't trade it.
GMT : SHORT VIEWGMT seems into the range trend into a breakdown trend.
It's very risky just to short coins, this is just a view idea.
This update depending also on some trends.
The product seems also not to do what they expected since they change the wining rates on systems.
Interesting to see whether we are going to hit an again all-time low
All Time Low
Mar 11, 2022 (7 months ago) $0.1003
GMT Scalp longIdea is to take GMT trendline breakout while BTC is bullish too:
- We only opened daily candle
- We are under VWAP
- We were falling during american session
- 3rd touch
- At bottom we already collected liquidity. Reversal is close
If you like the idea, please, press a like to let me know that my work is valuable for you. Thank you and trade wisely!💓😊
GMT possible to increase more than 250%#GMT/USDT
$GMT broke out from descending resistance and price is above long term support zone.
🐮 so price is in a great risk/reward situation to enter, if it holds the support zone it is a high possibility to increase toward resistance zone and maybe even pupm to touch 0.5 fib level of whole swing down.
STEPN GMTUSDT stepsas STEPN price ascend and descend through it's days, we've known several key points in GMTUSDT price chart.
here are these price ranges that price has ever bounced through.
but there is one important thing!
the volume indicator, doesn't show a strong vibe.
but there is still time for increase in this matter.
I think 0.55~0.65 is a safe place to start getting bullish.
also, RSI shows some good things.
hope you succeed.
DYOR