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GMTUSDT

✅GMT: will the Axie pattern repeat or GMT is a SCAM?Hi friends! As we all know the 👟GMT fall close to the $1 key level because of 2 main reasons: 1️⃣ a lot of game tockens were minted. Green Satoshi Token (GST) is a gaming token of Stepn APP: 🔶GST supply on May 21 was 3.58M. 🔶GST supply is 52.9M now . The supply increased by 1477%, which is a lot and led to a fall in the price of Stepn itself. 2️⃣ China start blocking the Stepn app on July 15. This happen due to the regulation of cryptocurrencies in the country. Naturally, this caused panic among the Chinese, massive sales and collapsed the price of the cryptocurrency by 26%. Recall that the Chinese are the main part of players in the app. Axie and Stepn have fallen similarly after Bitcoin's fall, but will GMT repeat the AXS pattern of 2021? It would be ideal to wait for a similar trend line and open a long on a breakout. After the 80% drop, when reatail is scared and squeezed under the trend line, it would be possible to open a similar to AXS long. 📊Let's compare this two games: 1. There are actually a lot of people playing in Axie Infinity. There's a developed ecosystem, it's more than a few years old, the game is constantly evolving. 2. GMT looks like a pyramid scheme and it might scam at any time. Friends, if you want to trade, please use the stop losses, because this is the main thing in trading that allow you to be succesfull for a long long time. If GMT repeats the AXIE pattern, I will be posting trading setups in new updates and ideas, so stay tuned! 💻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 at 15m intervalHello everyone, let's take a look at the GMT to USDT chart on the 15 minute time frame. As you can see, the price is moving below the local downtrend line. Let's start by determining the stop loss we have in the near future: SL1 - 0.807 $$ SL2 - $ 0.208 Now let's move on to the targets we can consider: T1 - $ 0.998 T2 - $ 1,103 T3 - $ 1,188 T4 - $ 1,272 T5 - $ 1,389 Looking at the CHOP indicator, we can see that in the 15-minute interval most of the energy has been used.
by cryptodailyuk
GMT STEPN - ON MAJOR SUPPORT (AGAIN) 👟STEPN at the same level that offered us a huge rebound just a few days ago: Not sure if this level will work this time, since the market is VERY nasty and red at the moment but again: this is support We are attempting a trade with a stop loss at 0,79 even if it's not so clear. We can always buy again later if that happens... our AUTOMATED all Time Support Level Alerts are ON, either we will be at the beach or in front of a PC we will take trades worth the risk, and eventually Buy at the ROCK BOTTOM (which is not yet). One Love, the FXPROFESSOR
FTX:GMTPERPLong
by FX_Professor
4
If BTC is stable, GMT may start to go upHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 1.29, if the support breaks, the next one is SL2 - $ 1.17 and SL3 - $ 1.02. Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 1.62, if you can break it, the next resistance will be T2 - $ 2.10 and T3 - $ 2.50, T4 - $ 2.90. Looking at the CHOP indicator, we can see that on the 1-day interval we are starting to recover energy, and the MACD indicator indicates an upward trend
by cryptodailyuk
STEPN GMT/USDT Path Towards $1 Activated!STEPN (GMT) price appears to have chosen the next price movement which is woefully pretty negative. The market sentiments are not in favour of any upward trajectory. Therefore, more blood bath may be expected in the upcoming couple of days. Considering the GMT price, the price could soon break out of the symmetric consolidation and tank down squeezing another 25% in the upcoming days. The market again fell into bearish well fuelled by Bitcoin prices tanking below $30,000. Therefore, no prominent possibilities a rebound may be expected for the GMT price as the volume has depleted. Therefore, possibilities of GMT price dropping below $1 support zone emerges.
Short
by Coinpedia-Market-Insight