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GMT / TetherUS

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GMTUSDT trade ideas

GMTUSDT: DOUBLE BOTTOM INSIDE A WEDGEThis asset has formed a 4H time frame double bottom inside a Daily time frame descending wedge. There are multiple resistance that must be overcome for any possibility of considerable bullish continuation: The neckline of the double bottom, the resistance of the wedge, the 100 day moving average and a daily horizontal resistance. A buy may only be considered safe after beating all these hurdles. If the price succumb to these resistances, it might tumble by about 20% to around 31 cent.
Long
by Babsphoenix
4
GMTUSDT is testing the key level!GMTUSDT is characterized by a double top formation on the 0.42$ area, which resulted in a false breakout. Currently, the market is testing the 0.5 Fibonacci level, which has now become a new resistance level . Additionally, there is a 4-hour support level at the 0.36$ area that the price is testing. If the price fails to hold the current support level and begins to move downward, it could potentially grab new liquidity from the original demand zone on the 0.31$ area. According to Plancton's Academy Rules, this could signal a new short position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
9
Step'N Down with $GMTI have opened a short position on $GMT, this is a swing short positon. Much of GMT's tokens have been locked up, currently 83.79% of the token supply is locked and not in circulation. However, these tokens are subject to a linear unlock that began March 1st, 2023. The distribution is currently as follows: My avg entry as of right now is $0.433. I am looking to slowly DCA into a short position on GMT to increase my position as the market gives opportunity. UNLOCK DISTRIBUTION 3,387,097 GMTs Private Sale 1,219,355 GMT/Day ($483,846) Move and Earn 812,903 GMT/Day ($322,564) Team 580,645 GMT/Day ($230,403) Ecosystem/Treasury 580,645 GMT/Day ($230,403) Advisors 193,548 GMT/Day ($76,801) The private sale of GMT token was at $0.005 per token. I confirmed this with the Step'n team. That means investors who were in early in the project are currently up 7860%. My guesstimation is that they will begin to sell their tokens to capitalize on this incredible gain. This coupled with technical analysis and price action I think can set up a great short opportunity. Not to mention, each month the % unlocked increases dramatically. Over the next 7 years the tokens will continue to unlock≥ If GMT fails here at this breakout level of $0.4 I think we will accelerate back to $0.3. Failing this wedge to the downside as a fake breakout to the upside could play out.
Short
by DOpeTrades
4
it's time to going up for GMTUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: 0.4123(here we are) Target1: 0.4413 Target2: 0.4779 Target3(Final Target): 0.5309 Stoploss: 0.3438 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more don't forget do comment and like my idea doing and living in the best quality thanks of all of you dear's ;)
Long
by MakingMoney444
3