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GMT / TetherUS PERPETUAL CONTRACT

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GMTUSDT.P trade ideas

🔥 GMT Bearish Triangle: Patience For Break OutGMT has formed a bearish triangle over the course of several months now. Every time, the yellow support area holds and causes some kind of rally towards the purple dotted resistance line. With both the resistance and support lines closing in on each other, a break out is to be expected soon. I'm looking for a potential bearish entry. A daily close below the yellow support area would indicate significant weakness and signal a potential further decline, targets in blue.
Short
by FieryTrading
10
GMTUSDT review 1D IntervalHello everyone, let's take a look at the 1D GMT to USDT chart as you can see the price has come out of the downtrend channel and is moving on the verge of returning to that channel. Let's start by setting goals for the near future that we can take into account, in this case we have two zones of resistance First from $ 0.7405 - $ 0.8305 and Second from $ 1.0913 - $ 1.2240 Now let's move on to support in case of further market downturns, and as you can see in the chart, we have two important support zones The first zone from $ 0.6099 - $ 0.5310 where the price is currently located Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.
by cryptodailyuk
2
GMTUSDT | Wave Analysis | Target Triangle Breakout Projection Price action and chart pattern trading: > A possible local 4-wave triangle pattern with a bullish divergence signal > A bull scenario with the target downtrend triangle @ 0.5-0.618 fibonanci extension of current minor 3-wave once breakout current price rejection zone previous low. > Short entry if breakout of triangle for a bear scenario, the target could reach upto 0.786-1.0 extension for the next support zone Always trade with affordable risk and respect your stoploss, nothing is 100%.
Short
by dukeposh
1
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. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
13