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GMTUSDT

GMT DailyHi all, With this idea you can see GMT is currently trading in a bilateral triangle position. This triangle indicates it could either go up or down. Of course we are hoping for a breakout from the triangle and up to the 1st target @ $1.06 level from a current buy position at $0.83. If we can hold above that level then we will want to push to the next major resistance at the 0.618 fib zone ($1.59) beyond that it is hard to gauge as this will all depend on how bitcoin trends. The other scenario that can occur is that it drops out of the triangle and dips down to the first major support line at $0.69. if it can't hold the support there then we will see it drop down to the next major support all the way down at $0.33, then a possible dip lower to $0.14. All 3 major support zones are great opportunities to buy and to build up the portfolio. If it goes up then I'd be looking to sell on the first 2 resistances with a small amount left over in case it goes higher. But with the current chance of a huge recession than I honestly don't believe this scenario will pan out. Make sure to put in stop losses to prevent losses & Happy trading!
by MikesCryptoTrading
Rare pattern on GMT! Ready?🚀GMT is consolidating in triangle. Do you know how this pattern work in crypto? First of all the price make a false breakout of one side than return inside the triangle and start to move in opposite direction. 📊Keep in mind this pattern because it happen really often in crypto trading and can increase your profitability. Check the previous idea where the price move according to my scenario. Read the preconditions to understand why it happen. Now we can confirm✅ the purchases of GMT by the whales using volume indicator. The volumes always growth at the bottom and after the breakout of lower boundary indicator have to confirm it one more time. 🚩The value area of $0.77-0.85 should become the support for the GMT. 📊Preconditions to open a long: 🔥false breakout of the triangle 🔥volume growth at a local bottom 🔥squeeze to the top boundary 🔥bullish BTC help reach the targets faster The targets: 🔶 $1.10 - key level 🔶 $1.34-1.44 - value and reistance area 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
4
GMT - Biggest ponzi in crypto is slowly dyingReasons to take short: ⭐️ Trendline is 24 days old ⭐️ Trendline is clean ⭐️ Pullbacks are getting smaller ⭐️ Slowly squeezing to the trendline ⭐️ 7th touch ⭐️ 50 ATR ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
20
GMTUSDT 12H The main thing is to sell Stepn GMT on timeToday we will consider the GMTUSDT trading pair We will say right away that we did not take actions in the euphoria of buying sneakers, so our thoughts below will be as neutral as possible. We are used to making money on short-, medium- and long-term trading speculations, based on what we see on the graph and without reference to the marketing of the crypto project. At least the first wave of hype surrounding the release of sneakers has ended, and now the GMTUSD price chart is undergoing a correction with hints of an upward reversal. Another pamp STEPN token is completely possible , because currently only 10% of the planned volume is circulating on the market. As cruel as it may sound, in order to sell off the remaining planned huge amount of GMT to the "crypto people" - you need to organize growth and large trade volumes, but this is a long and expensive process... For the coming month, we consider one of two scenarios to be the most realistic for GMTUSDT price: 1) Growth from the current price of $0.84 to the liquidity zone of $1.58-1.73 2) continuation of the correction to $0.7, from where the growth in the liquidity zone $1.58-1.73 In the liquidity zone $1.58-1.73, we would advise selling off at least part of the GMT and free up capital for reinvestment in other assets. As can be seen from the trading history of the GMTUSDT pair, during the fall in May 2022, sellers actively sold out twice in this zone. Therefore, for the next month, it is not believed that buyers will be able to pass this zone up the first time. And you can also place a pending order to buy GMT at $0.42 in case of a super-strong downpour of the crypto market. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
30
GMTUSDT 1D CUP AND HANDLE FORMATIONHi If market gets a bounce gmt will be one of the first coin that will make good short time profit. There is a cup and handle formation on 1 day chart with a possible target of 1.4$ If retrace targets are 0.97 -0.94 and 0.84 and if hits 0.84 i think it will hold and a new bounce near to 1$ can be on the way For gmt short to mid term will be around 1$ but long term i think 2-3$ will be price consolidation area. These are just my amateur ideas. Don't take as a financial advice and do your own researcch please
Long
by flymetothemoon2109
9
📊GMT: are the runners return? 2 targets for long!Hi friends! GMT is looking bullish, isn`t it? STEPN follow my previous bullish scenario! Now we see the continuation of this movements! 🚩Check it! The price make a deep pullbach and trapped long traders which open longs at new local highs. It`s the first precondition for the next growth. Additionally, GMT returns fast to the huge value area which was strong resistance and start squeeze below it. It`s additional bullish signal of bull strength. Remember about short traders who awere goin to short GMT to 0. They are all trapped now and can become the fuel for next pumps. Also i can add 2 targets: 🔶 $1.10 - key level 🔶 $1.34-1.44 - value area All this growth possible because of the BTC growth and it`s correlation with SnP500 whick is also have local recovery after dump. 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
GMT brief gain 💡🚀Hello 🐋 Based on the chart after a long time, correction to the downside the price is close to the major support, the green trend line and breaks the red trend line to the upside ✔️ if the price doesn't break the support level (our green trend line and our round number$1) to the downside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀 if the price breaks the round number to the upside, we will see more gain 📖🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
4