Gmtlong
GMT GMT GMT GMTGMT going down making a Cypher Pattern at Day Time Frame.
Use stop loss and trade confident
this is a swing trade
i already put a long position at the graphh so you guys dont ask anymore
all Alt coins are going down because of BTC
so there are so many signs or confirmation that gmt is bouncing at that specific area.
Thats my Price Of Interest and confirming it that itll bounce at that area
mitigating and going up
Like and follow for more
Remember Risk Management, Proper Stop Loss.
be wise.
-Merciless Dolphin
GMT Token LONG - Break consolidationGMT token remains as one of the few assets that are in an uptrend, at the moment it broke an upward consolidation.
We have an important risk factor to consider that the crypto market is in a downtrend and this can make this operation difficult.
Entry: 2.71
Initial target: 4.22 (55.9%)
Stop: 2.23 (17.4%)
Volume: 8%
Are You Rdy GMT DOWN>?👌👌👍👍Well, now it's time to analyze the desired currency code for you and explain the reason for the decline.
First, we are witnessing a high divergence and it should take a downward trend.
Second, from the point of view of Elliott waves, it must complete its waves and take a downward trend, and the beginning of the waves is ready to work.
The third has reached the top of the ascending channel and must return.
The fourth trading volume has come down.
Your friend Manouchehr Azar
GMT LONG SETUPMarket just finished 1-5 Elliot wave and started an ABC correction downwards, we are forecasting C (Last wave of a correction) should be around 1.43 zone, because going up market formed high volume institutional candle zone and also it is at 61.8 fib zone (reversal zone)
If our forecast is correct we are in M pattern, and after that should see a movement down.
Entry: 1.43647
Invalidation: 0.97648
Target: 2.95920
R/R Ratio: 3.13