GMT Bearish Flag Pattern before new ATHIt seems we have here a Bearish Flag Pattern. Once we break the upper channel line we will see another pump of GMT and after some fluctuations we can reach a new ATH.
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Please note that this is not a financial advice. Just my personal idea. Do your own research.
GMTUSDT
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
GMT does not stop! New target, new ATH!Congratulations to all who followed my previous analys! Hope you all took a good profits!
GMT has grown much higher than I expected, which makes me more bullish about this amazing project.
Possible target based on the trend could be 2.60$ - 2.78$
Here we have two scenarios: (1) and (2).
Please, comment which scenario you think will happen.
P.S. As I'm doing more research about GMT, STEPN, I realise that this project has very big potential. It has really good roadmap and marketing plan. Huge brand like Adidas, Nike, ASICS, Head are going to annonce partnership with STEPN. More people are starting to use / talk / invest in it. In my opinion, that project will get massive and GMT price will increase much more. I would say 10$ is nothing for GMT, it can cost more than 50$ in the near future. So, my advice to them who are Holding: HOLD HOLD HOLD!!! We will get a big gains!
I want to wish Good Luck to traders - let's make more profits!
And I want to wish strong patience to Holders! Good things take time!
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Please note that this is not a financial advice. Just my personal idea. Do your own research.
GMT/USDT - Target reached at 1,85 - What next?GMT/USDT - Target reached at 1,85 - What next?
previous analysis :
context :
The GMT token surged to the upside reaching the expected target at 1,85 in few days. This strong impulsion cycle is not finished as long as 1,27 stay support in order to develop a wave 4 as standard consolidation before a last push up.
It make sense to take profit for those who play the upside since the bullish exit of the triangle in wave 2 because the RSI is showing quiet good bearish potential in order to be exhausted.
Key Elements:
- EMA support 1,66
- Key fibo level wave 4 = 1,66/1,48
- Impulsion Elliot wave target at 3,02 wave 5 target (log scale)
- 1,27 key auto similar move
Tactical view 1 to 3 Weeks
Above 1,27 buy any dips (1,66/1,48) to play 3,02 to play the wave 5 (last push up)
Keep going my friends - it is now or never for us !
GMTUSDT True reversal point 2.20317Hello traders!
The true reversal point is not a support and resistance, it's a whole new level of trading. This is a method that can crack the exact figure of reversal. The market will not go lower or will not reverse a little above it but it will reverse exactly from this figure. The reversal point in GMT is at 2.20317.
In some cases market can also break this level. Trading is all about probability and the probability of breaking down is 2 out of 8. If the market breaks this level and moves below it then this level will turn as resistance and will push the market more downside.
Don't forget to hit the like button and follow to stay connected.
Examples of true reversal point,
BTC 34500
SOL 74.88
GREEN METAVERSE TOKEN new star with high potential 🚀🐋🚀As I mentioned in my previous analysis
and
the price has started to gain and hit our targets and gain +300 percent profit 🐳💣🐋
and now
it can pump from here or after brief correction to the downside we can see more gain 🚀
this coin has wonderful potential and fundamental sign for gain 📖
and
soon we will have ATH new targets 🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
$GMT/USDT 2h (#BinanceFutures) Ascending channel on resistanceGreen Metaverse Token (a.k.a STPEN) is up-trending strong but looks very overbought here and is likely to retrace down short-term.
Current Price= 2.27718
Sell Entry= 2.27415 - 2.48229
Take Profit= 1.95385 | 1.61648 | 1.35010
Stop Loss= 3.0982
Risk/Reward= 1:1.2 | 1:2.15 | 1:2.9
Expected Profit= +17.84% | +32.03% | +43.23%
Possible Loss= -14.93%
Fib. Retracement= 0.236 | 0.441 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1-2 weeks
Tags: #GMT #GMTUSDT #Web3 #NFT #Metaverse #Social #Gaming #BinanceLaunchpad #BSC #SolEco
Website: www.stepn.com
GMT two possible rise to 2.71$GMT possible target based on the trend could be 2.71$
Now we can go short with two possible scenarios then go Long for our target to archive new ATH.
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Please note that this is not a financial advice. Just my personal idea. Do your own research.
GREEN METAVERSE TOKEN new star with high potential 🚀🚀As I mentioned in my previous analysis ✔️
the price hit the target and gain +220 percent profit 🐋💣🐋
and now we expect brief correction and range before more gain ✔️
if the price breaks the resistance area here to the upside, we can see a gain at least to $3 🚀
this coin has wonderful potential and fundamental sign for gain 📖
and
soon we will have ATH for the price and new targets 🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
GMT/USDT - Bullish potential towards 1,85GMT/USDT - Bullish potential towards 1,85
context :
The GMT token just been launched - the current Hourly chart basis doesn't show any exhaustion at this step - especially with a near-term triangle pattern in progress calling for direct bullish exit towards 0,84
Key Elements:
- EMA support
- Key fibo level with overlap at 4,00
- Impulsion Elliot wave target at 1,85 (auto-similar move Log scale)
- 0,84 intermediate fibo Target
Tactical view 1 to 3 Weeks
Above 0,4 buy any dips to play 0,84 before anticipating the upside breakout towards 1,85
Enjoy my friends !
GMT thanks for stepsWe closed the second take without waiting for the Fibonacci extension level because we considered the psychological level of $1.5 to be stronger.
The last take, as they wrote earlier, at a capitalization of $1000000000.
I don’t advise buying from current values because (probably) they closed the fifth Elliot wave and ran into Fibonacci resistance, I don’t recommend shorting either, since the asset is hype and unpredictable.
Thanks to all investors for trusting us <3