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Stepn

GMT- Going short for a whileNot the first time going short at this level: Looking for some short positions to cover my exposure at this minute because of Bitcoin's rejection today Hi everyone, just as expected yesterday price attempted to break back into the ascending channel but it seems to be failing: BITCOIN - Mt Gox adds to worries There are still 40% chances of it happening but right now a new small dip towards 21,000 is more likely (60%). With indices attempting a rebound, it would had been great to see BTC back into a positive structure (the ascending channel ) and hopefully it will happen before the Fundamentals kick in: GDP (*Preliminary one, not the big one but still important) is coming out tomorrow and expected to be negative. It will also depend to see 'How negative is it'. Thus itcoins rebound might be delayed a bit more. ALSO: Mt Gox could become Mt Cock.... stay safe for a while One Love, the FXPROFESSOR *There are 3 versions of GDP released a month apart - Advance, Preliminary, and Final. The Advance release is the earliest and thus tends to have the most impact; Why Traders Care It's the broadest measure of economic activity and the primary gauge of the economy's health;
FTX:GMTPERPShort
by FX_Professor
GMT in ABC correction upside - C is comingGMT in ABC correction upside - C is coming Triangle (ABCDE) in wave B has formed and GMT has potential to go in Impulse in C wave (in 1-5 the same as impulse in wave A) Invalidation point is breakdown below wave C in ABCDE of B (marked on chart) No idea what StepN is about to offer to come up with all negative comments around the project and constant rules changes of this move-to-earn game. Probably they will use 122mln profits from the first 6 month of the game performance to pump GMT, because soon developers token coins unlock is coming and price should be higher as much as possible.
Long
by mir-igor
GMT - Awesome coin for spot, very bullish📈🔥GMT is sexy because: ⭐️ Market is bullish ⭐️ Accumulation is 77 days ⭐️ We are in the end of formation ⭐️ We trapped a lot of bears ⭐️ Had false breakout ⭐️ Formed local level ⭐️ Over VWAP I already bought this coin on spot and expecting nice profit from it. Also, I will try to enter with small stoploss on futures when we will be near the trendline. Remember to fix profit by parts! 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 😊
Long
by Artem_Dishel
8
Ascending Triangle pattern on GMT/USDTHello guys, Today i saw a bullish Ascending triangle on STEPN and i thought it will be a good long setup. first position is when the price hits trend line and goes to resistance area , open your long position between 0.9400 and 0.9600(you can open short position now from 0.9787 to trend line). wait until the price hitting the Resistance area and close your position safely. second position is after break out , open your short position at 1.0000 and close it after hitting the Support zone. it's just an idea , always do your research and analysis. don't forget to follow and boost this idea :) thank you.
Short
by Crypto2021_2021
GMT Scalp - Long Trendline breakoutReasons to take long: ⭐️ BTC bullish ⭐️ Squeezing to the trendline ⭐️ Trendline is 3d old ⭐️ Trendline is clearly seen on daily timeframe ⭐️ 40 ATR ⭐️ Squeezing VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. 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
Long
by Artem_Dishel
2
One more chance to buy GMT🚩cheaperGMT is going to test the bottom trendline for the 4th time which is not good for long traders because support become weaker with each test. So the break down is really possible but what is good in current situation? 📊 I think that after the break down the GMT return above the trendline so fast because: 1️⃣ the crypto is to close to market bottom and a lot of retail traders already sell thair crypto and proce can`t fall lwer if no one sold cheaper and cheaper. 2️⃣ the whales will have enough liquidity to collect if price break the trendline down and collect the sl. The whales buy enough GMT to their longs and will be ready to sell their crypto higher and higher. 📊 Preconditions to open a long: 🔥 false breakout (return the price above the trendline) 🔥 volume growth - confirms the whales purchase 🔥 bullish BTC help reach the targets for GMT much faster 🚩After this the price can squeeze to the local trendline and we can open our longs✅on it`s breakout or during the test of the trendline as support. In any case i will show you it in the next ideas. The targets: 1️⃣ $1.16 - key level, local highs 2️⃣ $1.35-1.44 - value area, strong resistance 🚩 Friends, what is your scenario for this altcoin and BTC? Write 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.
by Yuriy_Bishko
1
STEPN Analysis , GMT Update 📈📉Hello traders, what's going on today ?! Since 28 May 2022, that I posted the last analysis for GMTUSDT , STEPN has been trading in sideway and range zone , also as I expected it reject by higher red zone and lost the pivot zone for a while but rebounced back up one the positive divergence revealed (OBV and WMACD). (more than 50%💰 (1x)short). SO today as you see in the Daily timeframe for gmtusdt , it seems after a long consolidation phase its ready to jumps over pivot zone ! so in this case you can take short position on the higher key resistance zone with a proper stop-loss! anyway you also should consider any bearish scenario for gmt , thus although it can rise it short-term , but in my opinion it will correct more in the long-term perspective, so if it losses the curent pivot zone , in this case it may settle on the lower support and demand zone ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
3
How to avoid✅the BULL trap and make a profit on GMT❓GMT is exit🔻the massive value area of $0.9-1.09 which was the support for the price. Now this value area become a resistance and GMT need to accumulate enough power✅to break it and grow higher. GMT need to make a pullback to trap the long traders (bulls) and collect all the liquidity of retailers. 📊Preconditions to open a long: 🔥the false breakout of the key level $0.8035. The price start to pump if whales collect enough liquidity to open their longs. Additionally, there is the $0.8-0,82 value area which will be support for the price. So the rebounce is highly possible. 🔥the volume growth - confirmation ✅ of the whales` huge purchases 🔥bullish BTC help reach the targets for GMT 🚩After the false breakout the price start to squeeze to the trendline so it will be the good chance to open a trade with clear sl and tp. The targets: 1️⃣ $1.165 - key level 2️⃣ $1.35-1.426 - value 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
1
GMT STEPN - ON NICE SUPPORT 👟Market is SUPER VOLATILE but that's ok! Some charts are better than others and GNT is the one of the best ones today. In the last two quarters, STEPN, the popular move-to-earn project, has had to deal with regulatory sanctions, DDOS attacks, a downturn in the general cryptocurrency market, and a general decline in interest in play-to-earn games. According to data from Dune Analytics, in the last two months alone, the index for the active players on the BNB chain version of the game has seen a 90% decline. Furthermore, after registering a high of 104,149 users on 26 May on the Solana chain, where the game was initially hosted, an 80% drop in players was recorded. Additionally, with a decline in the index for daily players of the STEPN game, Dune Analytics revealed a steady decline in the number of new players that have been o boarded onto the platform since the beginning of June. In the face of the general decline in active players, how have the project’s tokens, GMT and GST-SOL performed since the beginning of June. I like this project and the Team behind it has proved they are of good value and they had to deal with a lot! One Love, the FXPROFESSOR
FTX:GMTPERPLong
by FX_Professor
1
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
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