Stepnusdt
Trade signal | STEPN (GMT) completed setup for upto 37% pumpHi dear members , hope you are well and welcome to the new trade setup of STEPN (GMT) with US Dollar pair.
Previously we caught almost 21% pump of GMT as below:
Now on a daily time frame, GMT has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
STEPN IS DEADWriting an idea specifically for our subscriber nightsubcom, who asked to do a breakdown of the GMT token and whether the token can make x20 in the next bullrun. Read this idea to the end and see the most promising coins for the next bullrun cycle.
20x for GMT is a price of $5.6 per token, let's put it this way, in theory it's certainly possible, in theory anything is possible in general, but in practice it's a hard target to achieve.
Reasons why GMT won't cost $5.6
Projects like STEPN - it is a ponzi pyramid, in the sense that the project has a limited period after the start, when the project brings maximum profit. Be in the information field, the most important for projects of this type.
STEPN is a user application that aims to activate users and wow effect. This has been the main catalyst for STEPN's success, but at this point, no wow effect STEPN as a product anymore.
STEPN allowed some users to make money, but it ruined even more users, for such ponzi projects the loss of users is death.
STEPN has a bad tokenomics model and over issuance, which creates hyper inflation for GMT.
The product creates no positive effect, all it does is monetize the walk. The very idea of monetizing such activity is nonsense, people should walk for their maximum personal efficiency, not to earn GMT tokens.
All the rhetoric around STEPN and GMT was built on a speculative basis, not real product value
For nightsubcom and other people who like this kind of projects we would advise to look for new projects on 2Earn model, they will give much more earning possibilities than STEPN forgotten by everyone. We've also collected a number of promising tokens on our sources that will help you make money on bullrun.
Thanks for reading! Write projects for analysis in comments, share this idea with your mates and hit the rocket button!
GMTUSDT - reaction to unlocking coins.After unlocking the coins.
The price is kept at a level.
Will break the trend line and open the trade.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Will the STEPN GMT sneaker return "back in fashion" ?Given the fact that the STEPN GMT project is very closely related to SOLANA, it is difficult to expect a rapid growth of the GMTUSDT price, as it was during the launch of the project...
SOLUSDT price has broken through the liquidity zone and is heading further down
Also, re-read the idea of how much SOLANA is related to the bankrupt FTX and how much more SOL can be thrown on the market for sale during the bankruptcy and liquidation process of FTX and Alameda Research.
Therefore, to buy GMT now you need to be a real adventurer (even considering that the GMTUSDT price is near the liquidity level of $0.23-0.25). Or if you have "inside info" that the STEPN project will move, for example, to a new blockchain or something like that.
Please share in the comments what you think can save the STEPN project and with it the GMT token price.
To summarizing:
- Below $0.23, there are no strong obstacles to depreciating another two times GMT price, so to speak, to return to the start of the pump in the region of $0.10-0.12.
- In case of "some miracle", with which the STEPN project will "come to life", the first target for growth is $0.58. And the super positive target for the growth of the GMTUSDT price is $1.12, and it is very hard to believe in this in the context of the next few months. Just look at the chart, how GMT was sold at this level before and the price did not go higher.
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STEPN (GMT) forming bullish a Gartley for upto 13% pumpHi dear friends, hope you are well and welcome to the new trade setup of STEPN ( GMT )
On a 4-hr time frame, GMT is about to complete a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GMT - LongGMT has benefited from buying pressure immediate before the announcement of the launch of GMT earnings plan on the 28th of September, but but price fell immediately after.
GMT is currently sitting on an support zone which, if holds, might give a bit of relief to GMT price, pushing it to 0.7 area.
If support doesn't hold, we might see price falling to the next support zone in area 0.59
STEPN GMT price it's time for growth ?Looking at the trading volumes, it seems that everyone trades only BTCUSDT, or everyone is interested in what is happening with the Bitcoin price
Well, here are our thoughts:
But capital is gradually flowing into altcoins, which in turn are also drawing global reversal patterns.
The GMTUSDT price is now in the liquidity zone of accumulation of positions.
A reversal double bottom is likely to form.
The minimum goal of working out this pattern in the area of $2.4. And this is not a little, not a lot x3.5-4 from the current purchase zone $0.56-0.80.
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STEPN GMT - 77% crash is imminent! | Bearish channel
The price action on the GMT token is terrible. Since the peak in April 2022, the bulls have disappeared and the price is going down pretty quickly!
I expect a 77% crash in the immediate short term. If you like this coin, you can definitely buy it for a cheaper price in the future, but for now, I would stay away.
As you can clearly see, we are trending in this massive descending parallel channel on the daily timeframe , and it's really possible that we are going to touch the channel at the downward trendline.
According to my Elliott Wave analysis, we need to complete an ABC correction before the start of a new bull market. We started with a strong impulse wave in 2022, which gives us hope for much higher prices in the future.
I think STEPN is a great brand, but as I said, we need more time to shake out hodlers first, so whales can buy it cheaper.
This altcoin is very popular with retail investors and traders, which is a great sign for the future.
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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 $0.42 in case of a super-strong downpour of the crypto market.
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GMTUSDT Forecast : Short positionEntry : 1.15$
Stop loss : 1.32$
Take prfit 1 : 0.43$
Take profit 2 : 0.28$
" It is currently in the f wave of of F of Diametric, after the end of this wave in the form of g wave will rise to the range of 1.16$
It will then enter the downward wave of G, the target of this wave is in the range of 0.28 $. "
Stop buying GMTAn unfinished ABC correction, a huge hype, a bunch of non-professional traders buying off every strait.
What other reasons are needed to definitely go even lower? We know what faith in a project is, but it's more like a financial pyramid from which it's not too late to get out. Ready to sit out another -55%?
We closed all the takes back in April and have been short since May 4, the choice is yours.
Attached a link to a similar situation with SHIB.
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 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.
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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STEPN - Crash Generates Opportunity 👟STEPN was expected to drop and the market pushed it a lot lower than we had expected i our previous idea :
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.
One Love,
the FXPROFESSOR