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Stepn

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.
by cryptoforever1
🚀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.
by Yuriy_Bishko
9
STEPN (GMT)-USDTGreetings, looking at this chart, it's just wow. The creators and marketers of this project, you have to hand it to them. Two months of 50k% growth is something...53rd place in the CMC... Technically we have an upward wedge, the price is testing its support at the moment. Let me remind newcomers that the rising wedge is a bearish pattern, and according to statistics it speaks about an approaching trend reversal. The double top is also not a good sign for the continuation of growth. A correction is needed. Possible scenarios: a smooth decline to the first support zone is the trading around the past resistance in the area of $2-2.4, the next support is a zone of $0.8 and from this zone again can expect a real reversal. By the way, the formation of the third top and putting the passengers back into the longs is also relevant. Possible points on the short from a zone of 3,8-4$ at false breakdown of this zone and consolidation under it. Or at breakdown of a current support zone of $3-3.15. Longs if you're not a speculator, but more of an investor, I would not consider earlier than at a price in the area of $0.8-1, which will be a correction of about 80% of the highs. If you liked this material, then like this and subscribe, so as not to miss anything. Always use STOP, and do not use leverage greater than x3. A trader should always have tomorrow.
Short
by Kirill_Gaitan
2
$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
Long
by TradingOn
2
🏃GMT: you can't run away from a SCAM.📊Actually, it`s +15% after the last idea. You can read about why the STEPN fell and possible scenarios of pump or dump in this idea. 📊At the moment on the volume indicator we can see an increase in volume at every test of the bottom, which means that the coin is being bought back. Especially it can be seen on the massive sell-off when the price temporarily renew its lows (2) and the coin has already risen by 50% after that. Definitely a sign of strength. 🔶1. $1.31-1.54 is the largest zone of value, a strong resistance for the price. After the 50% growth, GMT should consolidate under this area for some time, to accumulate the strength for continued growth. 🔶2. $1.87-2.02 - the first target, a value zone, an even number. Traders who bought a $1 coin will close their longs. 🔶3. $2,53-2,77 - the second target ✅Friends, trade with stop losses, this is a must. Remember, the Chinese players, were the main players and now this market is being shut down for STEPN. Even if the volume indicator shows buying, remember what happen to LUNA! Do you think this is a scam or should we expect a strong growth of Move-2-earn projects and STEPN will be the largest of them? Let me know 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
9