GMT accumulation and distribution zonesWhere to buy and where to sell GMT for middle term? BINANCE:GMTUSDT
Possible Targets and explanation idea
➡️W timeframe finally came in to 27 zone (accumulation zone)
➡️Most negative scenario test 27 level or sweep listing low
➡️Based on market mood now absolutely 0 interest from retail investors
➡️Distribution level will be at 0.23 lvl correction + same time its a M imb
➡️ Crucial level from sellers marked horizontal line
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Gmtlong
#GMT/USDT#GMT
The price has been moving in a downward spiral since the beginning of the year
Finally, the price appeared to break the downtrend strongly
It is expected that the price will break out from the current price of 0.1960
To upward waves, 5 consecutive upward waves are expected, with an expected target of 0.50
With significant upward momentum
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
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GMT target $112h time frame
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GMT is creating a symmetrical structure that might follow the trend we predict in future. Also, this structure is similar to a rounding bottom, which will provide lots momentum for pump. Red zones are the critical resistance to build bottom structure, GMT can increase rapidly once going through these resistance without hesitation.
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TP: 1
SL: 0.215 (spot)
GMTUSDTGMT lost its daily support level and returned to the 2022 support level where we saw a good price reaction to this support level. Now the daily support has become resistance and I predict that the price will react to the resistance level and again to The support will return and the upward movement will start from this point. In the end, everything depends on the trend of Bitcoin and the news of the coming days about America's attempt to destroy this industry.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
STEPN ($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
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GMT USDT LONG & to the Moon GMT long idea - TP 0.5 - 0.54 - 0.58 and to the Moon ! In case the Bitcoin bull run continues. I have the position already open.
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GMTUSDT Long IdeaGMTUSDT is a hidden gem waiting for a nice move and explode to all time highers. I expect it to reach its target withing the given timeframe. It wont be longer until we reach that timeframe.
My setup for this is :
: 0.51 - 0.60
TARGETS
Short Term: 0.64 , 0.70 , 0.73 , 0.76
Long Term: 1.05 - 1.30 - 1.60 - 1.95 - 2.30 - 2.66
STOP LOSS: 0.46
Please be aware with your money, its not a financial advise but rather a signal.
GMTbtc daytrading LONG 3590Futures Last Change Change %
Crude Oil 92.71 +0.19 +0.21%
Natural Gas 9.39 +0.05 +0.49%
Gold 1749.80 -21.60 -1.22%
Dow 32742.00 -531.00 -1.60%
S&P 500 4119.25 -81.75 -1.95%
Nasdaq 100 12823.75 -332.25 -2.53%
The indices fell by 1-4 percent.
The cue ball fell on
Market Cap: yesterday the volume of the cue ball was 50bln btc (August 25)
today the market volume has decreased by 2 billion to 38 billion cue balls.
This means that the market is short, and many have simply transferred their positions to dollar-equivalent tokens.
That's just or in the channel.
I always look at horizontal volumes. and the Daily level. If we are sitting at the daily level. Then you can enter positions from him.
My strategy is to trade only from the Cue Ball. with one single purpose. Increase the amount of cue ball on your account.
Any coins are only a means to increase the Cue Ball ...
Because the markets have all fallen, including the Cue Ball itself, then I enter into a long deal, in order to win back the fall, as a rule, after a sharp spill, there is always a rollback.
Plus, there is a daily level, the volumes are horizontal. I enter from the lower boundary of the local level. I will go out in the verney border..
at the moment. on all crypto exchanges, the cue ball was sold for 325 (#sell), and bought for 162 (#buy) bits.
Most likely, they will continue to short the market..
Open0.00003590
Stop 0.00003543
Profit 0.00003803
R>>>> 3.0
GMT ANALYSIS GMT GOING TO HIT 1.05 TO 1.19GMT IS ON THE WAY TOWARDS 1.19 WITH STRONG RESISTANCE AT 0.943 , 1H CANDLE CLOSE ABOVE THAT AND GMT WILL HIT 1.05 , on rejection from 0.943 gmt will test its support around 0.888 and then will bounce back from this zone towards 1.05 open a long scalp either from 0.888 or on breakout from 0.943
GMTUSDT Potential PositionAs observed on the chart, GMTUSDT on the hourly timeframe has a bullish RSI divergence and it is simultaneously showing weakness in its bearish trend. Its price is highly likely to move up until its CHOCH zone.
Once price taps this zone it would probably continue its bearish trend and give us an entry for a short position. However if the CHOCH zone is broken, price could reverse its trend and continue the bullish movement.
Stop buying GMTAn unfinished ABC correction, a huge hype, a bunch of non-professional traders buying off every strait.
What other reasons are needed to definitely go even lower? We know what faith in a project is, but it's more like a financial pyramid from which it's not too late to get out. Ready to sit out another -55%?
We closed all the takes back in April and have been short since May 4, the choice is yours.
Attached a link to a similar situation with SHIB.
GMT There are 3 targets ahead👌The desired currency code, as you can see, has done the necessary analysis and is now ready for the 3 targets.
If you want to buy a currency code, now is the time to buy.
The analysis you are looking at is the specific method of the servant and the trading strategy is called the servant.