Green Metaverse Token GMT STEPN: Is this the moment of truth?GMT Green Metaverse Token STEPN could be forming a potencial W-Pattern to retest the support level at 0,80 $. The golden pocket from the Fibonacci Retracement comes in directly with the downtrend line at 1,40 $...what a perfect confluence. :-)
I will update you here if the W-Pattern really plays out and what the price target is. All in all GMT must break the 0,618 to 0,65 Fib Level.
Stepn
GMT/USDT Analysis Update 📈📉What's up Guys ,
What happened for STEPN!
In last analysis that I posted for GMTUSDT , according to my analysis it exactly followed the bearish scenario and since 28-April it has started a sell_off , also after losing the previous zones finally reached the last support that I mentioned before and had a huge crash like others altcoins (=> -80 % short (1x)🎯💰 ).
So today we still have some bad fundamental news that can impact the GMT and fall more in the long-term .==>> (Due to Chinese law, StepN application services will soon be discontinued in this country. Chinese users of this platform have until July 15 to sell their nfts and fully withdraw their capital from this platform. )
BUT in technical viewpoint ,as we can see, it has retested the support zone again , and it can bounce again , and at least see the higher resistance zone , and so there if bulls be able to overcome the bears it can reach the higher resistance zones respectively , but otherwise it'll fall more!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
Psychological term: 👁️🗨️ Pareidolia 🧠Pareidolia (/ˌpærɪˈdoʊliə, ˌpɛər-/; also US: /ˌpɛəraɪ-/) is the tendency for perception to impose a meaningful interpretation on a nebulous stimulus, usually visual, so that one sees an object, pattern, or meaning where there is none.
In other, more simple words: We See What We Want to See
Obi-Wan Kenobi once advised Luke Skywalker to not trust his eyes, because “your eyes can deceive you.” Most of us can recall an instance from our own non-Jedi lives when these words rang true. Think of a time when your eyes saw what they wished to see: a person you were thinking about on a busy street, a heart-shaped pebble you were looking for on the beach.
This phenomenon, called motivated perception, has been explored in psychological research for decades. Indeed, the world as we conceive it in our awareness is not exactly an accurate representation of what it truly is. Our perception is often biased, selective, and malleable.
Even our desires can affect what we see by impacting the way we process visual information.
IN TRADING:
We see what we want to see. You guys can see a million different ideas but your eye is just a gateway to the brain and that's where the problems start:
You will See what YOU WANT to see..and you will act accordingly.
Will make a small video to elaborate on this withe some tips on how you can protect yourselves from your own EYES!
One Love,
the FXSHRINK
GMT/USDT Short? #Signal @everyone Looks like GMT/USDT has finally decided to start its leg down (possibly in part due to app maintenance delays)
Regardless $2.90 area looking pretty certain
$2.05 - $2.10 wouldn't be surprising
Below that support is right down around $0.85 - $1.15,
cant see it going that low unless some project development issues arise but there is always a chance.
Trade safe guys and girls remember money management :)
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
$GST/USDT 4h (#KuCoin) Descending channel breakout⚡️⚡️ #GST/USDT ⚡️⚡️
Exchanges: KuCoin, Huobi.pro, FTX
Signal Type: Regular
Current Price:
2.9169
Entry Zone:
2.9204 - 2.6784
Take-Profit Targets:
1) 3.4039
2) 3.9359
3) 4.6198
Stop Targets:
1) 2.2919
Published By: @Zblaba
Green Satoshi Token is trying to regain 50MA which would initiate a nice recovery!
Risk/Reward= 1:1.2 | 1:2.25 | 1:3.6
Expected Profit= +21.63% | +40.64% | +65.8%
Possible Loss= -18.10%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #GSTUSDT #STEPN #NFT #Metaverse #M2E #Social #App #Gaming #GMT #BSC #SolEco
Website: stepn.com
Contracts:
#BEP20 0x4a2c860cEC6471b9F5F5a336eB4F38bb21683c98
#SPL AFbX8oGjGpmVFywbVouvhQSRmiW2aR1mohfahi4Y2AdB
$SOL - A coin close to my heart. Almost done here. With my recent taking up of certain NFTs related to the SOLANA chain, I've taken more interest in this coin.
It has beautiful waves. This last move down was a bit tough to watch on the sidelines, but it seems to be finishing a C wave. Expecting a last wave down to touch with previous support and the 0.9 fib.
At that level I will invest significantly into the coin and the STEPN nft project you might already know about.
Safe trades and see you all at the top.
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.
✅Is GMT ready to PUMP? Long after the false breakout! 📈Stepn (GMT) is now in a triangle and according to technical analysis should break up. But will it really do that? In this idea I will explain to you where you can open a long with the highest probability of success.
✅Why is a long more possible? After bouncing back from the bottom by 100%, retail traders have started to accumulate altcoin in a triangle. On a local manipulation and a break down, a large number of GMT will sell off and a big player will accumulate enough position for a Long. Do you want to be like a big player?
🎯The targets:
1. $1.86-2 - value area, round number
2. $2.61-2.8 - value area
📊What do you need to pay attention to?
🔶The volume indicator will help you understand if a big player bought on this manipulation. The volumes should increase!
🔶Keep an eye on Bitcoin. Altcoins very often repeat its movements, so if there will be such a manipulation on Bitcoin, then also on GMT.
💻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.
BITCOIN DOMINANCE AT RESISTANCE - Great News for ALTSFinally some good news from this chart as Bitcoin dominance is at resistance and ALT coins are rising.
We said it yesterday that the market has good chances to recover now and it is happening:
Buy when there is 'blood on the streets' but remember to Buy with a plan.
We told you : ' CRASH CREATES OPPORTUNITY''' and it did create opportunity. Here you go for tholse who followed and took a STEPN forward:
Keep in touch for frequent updates.
One Love,
the FXPROFESSOR
GMT - Buying strategyBYBIT:GMTUSDT
1H trend chart
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GMT keeps consolidating and the low points are getting higher gradually.
If price can overcome the downtrend line, trading strategy as below.
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Profit Targets:
a) 1.7342-----Fib(1)
b) 1.987~2.0893-----Fib(1.272~1.382)
Stop losses:
a) The relative low point after breaking out downtrend line-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
STEPN - Epic Rebound and an 83% Run 👟We had told you, every Crash Generates Opportunity :
first of check this out: Back in April 18th , our chart and levels played out beautifully. Notice the 0.83 level
Yesterday, when that same level (0.83) was checked we posted the 'Opportunity Post':
Just how amazing technical analysis can be.
One Love,
the FXPROFESSOR
STEPN - Just a 4H Candle Later 👟Just 4 hours after our post: STEPN - Crash Generates Opportunity 👟
''Yes, there is panic everywhere in the crypto sphere but at the same time some charts are yelling: Buy Me!
We will post some SHORT positions on other charts today but STEPN looks like a GREAT BUY to us today. We are already on it.''
I will add something to it: Never Give Up-Never Surrender, Never stop Hedging, Never stop studying the Chart and your Trading will be better (for SURE!)
One Love,
the FXPROFESSOR