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GMTUSD trade ideas

GMTUSD targeting $10.00GMTUSD has developed a Parabolic Growth Channel on the 4H time-frame, similar to the long-term one of Bitcoin. In the past two candles, it appears to be staging a break-out from its All Time High. The last time it broke above an ATH following a consolidation, was in March 28 and initiated a rally. The RSI bounced well on its Buy Zone, so a break above the Resistance can send it to the next Fibonacci extension level of 4.0 ($3.90). Based on the Parabolic Channel's top and the Fibonacci Time Zones, if every phase is double in duration, then the current one could top a little above the 5.0 Fib extension at $10.00 around May 04. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:GMTUSDLong
by TradingShot
3
STEPN - GMT Approaching the Big Resistance Now 👟''STEPN IS A WEB 3 LIFESTYLE APP www.stepn.com WITH SOCIAL-FI AND GAME-FI ELEMENTS 👟PLAYERS CAN MAKE HANDSOME EARNINGS BY WALKING, JOGGING, OR RUNNING OUTDOORS''👟 👟Great project, fantastic idea, Perfect execution of the Whitepaper, a strong-young team but our chart says: More than 80% chances for a rejection 👟We didn't have the chance to invest here until it came in the Top-100 (now at #58 place in marketcap). 👟We see great potential here and we hold an NFT, which is a great utility; but we have to follow the chart. Time to be aware. One Love, the FXPROFESSOR
FTX:GMTPERPShort
by FX_Professor
1
GMTUSD Buy levels if you missed the rallyGMTUSD is one of the hottest coins around having seen an incredible rise since March 09. Naturally not everyone had the insight to get in on this rally but having traded for almost 1 month, we can see some levels and pressure points on the 4H time-frame that can help those who missed it, get a solid entry. As you see, this uptrend is being supported by the 4H MA50 (blue trend-line). Every .5 Fibonacci peak (1.5, 2.5, 3.5) is followed by a consolidation within that and the .0 below (1.0, 2.0 and 3.5 respectively). If this correlation continues to hold, then we should now see a new consolidation within the 3.5 and 3.0 Fib extension levels. Ideally, new buyers can wait for the 4H RSI to hit its Buy Zone (50.00 - 43.00) before entering. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:GMTUSD
by TradingShot
1