GMTUSDT
GMT trend line 🚀Hello 🐋
based on the chart, the price again become close to important trend line and the support area, besides we have the round number of $1 (that now acts as a resistance level) ✔️
if
the price do not break the support area to the downside and break the trend line to the upside, we will see more gain 💡🚀
otherwise
we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
$GMT/USDT 3h (#BinanceFutures) Descending trendline break retestGreen Metaverse Token is pulling back to 50MA support where we expect a bounce then a short-term recovery!
Current Price= 1.0873
Buy Entry= 1.0837 - 0.9723
Take Profit= 1.3545 | 1.6167 | 1.8789
Stop Loss= 0.7658
Risk/Reward= 1:1.25 | 1:2.25 | 1:3.25
Expected Profit= +31.76% | +57.26% | +82.77%
Possible Loss= -25.50%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #GMT #GMTUSDT #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana
Website: stepn.com
Contracts:
#BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1
#SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
will GMT repeat the history ? 💡📖Hello 🐋
based on the chart, the price is close to important trend line and the support area and the round number of $1 ✔️
if
the price do not break the support area to the downside and break the trend line and the range zone 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 Massive VolumesHello Traders
Recently GMT has Gained a lot of Volume and been trending for a while.
So it might be good choice when market turns bullish.
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What is your opinion? Comment below.
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Good luck.
GMT in the local uptrend, SHORTHello everyone, let's take a look at the GMT to USDT chart over the 4 hour timeframe.
As you can see, the price is moving above the local trendline.
Let's start by identifying the stop loss we have in the near future:
SL1 - $ 0.9975
SL2 - $ 0.9070
SL3 - $ 0.7979
Now let's move on to the goals we may consider:
T1 - $ 0.9994
T2 - $ 1.0598
T3 - $ 1.1099
T4 - $ 1,7579
Looking at the CHOP indicator, we can see that in the 4H interval most of the energy was used, while the MACD indicator indicates a local upward trend.
GMT more gain 🚀Hello 🐋
based on the chart, the price is close to important trend line and the support area and the round number of $1 ✔️
if
the price do not break the support area to the downside and break the trend line 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 close to supportHello everyone, let's take a look at the GMT to USDT chart over the 1 day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with determining the stop loss that we should take into account in the coming days. As you can see, we have a fixed 3 stoploss:
SL1 - $ 0.907
and
SL2 - $ 0.798
Now let's move on to the targets that we can take into account, as you can see the targets are at the price:
T1 - $ 1,027,
T2 - $ 1,165,
and
T3 - $ 1,279
Looking at the CHOP indicator, we can see that in the 1-day range we still have some energy for further moves, looking at the MACD indicator, we see that the blue line is getting closer to the red line when it crosses from the top, it will confirm the downward trend.
Stepn to an Elliott Wave Clarity Hunt.Some interesting structures here, looking for a break here to lead to some clarity. There is a trade here in my opinion, but depending on the break, could lead to even more setups to watch for, MO.
Check out some of my other stuff and give a like and follow if helpful. Cheers!
GMT is based on 1 stop lossHello everyone, let's take a look at the GMT to USDT chart over the 1 day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with determining the stop loss that we should take into account in the coming days. As you can see, we have a fixed 3 stoploss:
SL1 - $ 0.997 where the price is currently located.
SL2 - $ 0.907
and
SL3 - $ 0.798
Now let's move on to the targets that we can take into account, as you can see the targets are at the price:
T1 - $ 1,027,
T2 - $ 1,165,
and
T3 - $ 1,279
Looking at the CHOP indicator, we can see that in the 1-day interval we still have some energy for further moves, and the MACD indicator shows that we are following the local upward trend.
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.
TARGET PROJECTION FOR GMTUSDT IN THE DIARYPrice formed a double bottom pattern, in a downtrend, also characterizing a descending triangle and, in my view, if it breaks ~up, the price can seek this price projection.
Obviously it may take a few days, even because the chart is in the diary. But I believe you can look for that price region.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏