GMTUSDT
3 scenarios on GMTUSDT PairGMTUSDT price is currently ranging within a LH and LL formed from the downtrend acting as minor support and resistance, I'll be waiting for a break below or above this range before I take my next position.
The range is also a good position for leveraged trading.
Not an Investment advice, Please also do your analysis before taking a trade. Trade Safe #ibn
GMT - TARGETS AND STOPLOSS 4HHello everyone, let's take a look at the 4H GMT to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.8455
T2 - $ 0.8956
T3 - $ 0.9363
T4 - $ 0.9802
and
T5 - $ 1.0342
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7665
SL2 - $ 0.6708
and
SL3 - $ 0.54987
Looking at the CHOP indicator, we can see that in the 4H range the energy is depleted and the MACD indicator shows a downward trend.
GMT - Running it down💪📉Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 8 days long
⭐️ Trendline is clean
⭐️ Price slowly approaching the trendline
⭐️ 5th touch
⭐️ 45 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
Sounds like an uptrend, doesn't it? GMTUSDTHi, I hope today is a lucrative day for all of us (:
The momentum of the uptrend is strong. I do not have a signal for a strong downtrend, I think the price will react to one of the ranges ($ 0.88684 or $ 0.75182).
We have to wait to see if the blue range is lost or not, if the range is maintained a buy deal can be made.
Do not forget the loss limit.
It would be great if you could share your thoughts with us.
GMTUSDT Forecast : Short positionEntry : 1.15$
Stop loss : 1.32$
Take prfit 1 : 0.43$
Take profit 2 : 0.28$
" It is currently in the f wave of of F of Diametric, after the end of this wave in the form of g wave will rise to the range of 1.16$
It will then enter the downward wave of G, the target of this wave is in the range of 0.28 $. "
GMTUSDT (STEPN) Daily tf Range Updated till 26-06-22GMTUSDT (STEPN) Daily timeframe range. good thing it didn't brokeout of its low like many others. which is a good rep at this condition of the market. alltho it dropped 86% from its top, pretty much the holders from top are rekt now totally depending on luck and developers how they improve it. it do have a close up range for swing positions. and decent amount of quality holders and buyers interest which helped it to follow-up those range spaces.
GMT brief gain 💡🚀Hello 🐋
Based on the chart after a long time, correction to the downside the price is close to the major support 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 🐋
🚀GMT: runners, are you here? Is it a time to BUY?Despite the decline of GMT hype, enough buyers can be seen in the volume indicator. The growth of volume bars shows that the big players are still buying. Indeed, if you are a big player, you don't always make money, but we can see the signs of interest now. Will the project be able to surprise traders once again and achieve the goals I will talk about in this idea?
The price return to the previous lows and the key level of $0.81. It`s almost +44%. GMT make the false breakout of the key level but after few hours return above the level. As you know, false breakout is the strong pattern but in this case price show the bullish signs and it`s good for the long traders.
Additionally, the price test the global trendline as a support which is also confirm my thoughts.
📊The closest resistance area is a $0.92-1.06 value are. I think we have to test it and make a pullback for 10-15% to trap the long traders. After this we can open a long with better RR and use trendline breakout as it`s shown ont he chart.
🚩Targets:
🔶1. $0.92-1.06 - closest value area
🔶2. $1.16-20 - value area and mid-term target. GMT can reach this target if BRC helps altcoin and start to rise to $24-25k.
What should we expect from the project? Will it ever return to its highs or can we no longer hope for growth? Write about it in the comments!
💻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.