$GMT/USDT 3h (#BinanceFutures) Descending trendline break retestGreen Metaverse Token is pulling back to 50MA support where we expect a bounce then a short-term recovery!
Current Price= 1.0873
Buy Entry= 1.0837 - 0.9723
Take Profit= 1.3545 | 1.6167 | 1.8789
Stop Loss= 0.7658
Risk/Reward= 1:1.25 | 1:2.25 | 1:3.25
Expected Profit= +31.76% | +57.26% | +82.77%
Possible Loss= -25.50%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #GMT #GMTUSDT #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana
Website: stepn.com
Contracts:
#BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1
#SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
GMTUSDT trade ideas
11/5 GMTUSDT - Long TermRecently, all the previous trend was exploded like Defi, Gamefi.
So based on the GMT, I would say it is one of the ponzi scheme that you are not going to recover your loss by P2E.
I would say this Move to Earn Business Model is over and we can see a massive dump will be seen and sent those coin to the hell.
Position: Short at 2.06
CL: 2.35
TP:
1. 1.18
2. 0.9
3. HELL
I am not looking positive on those Gamefi model will be back alive in 2022/2023. so buckle up and ready for the ride to hell.
will GMT repeat the history ? 💡📖Hello 🐋
based on the chart, the price is close to important trend line and the support area and the round number of $1 ✔️
if
the price do not break the support area to the downside and break the trend line and the range zone to the upside, we will see more gain 💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GMT Massive VolumesHello Traders
Recently GMT has Gained a lot of Volume and been trending for a while.
So it might be good choice when market turns bullish.
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What is your opinion? Comment below.
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Good luck.
GMT in the local uptrend, SHORTHello everyone, let's take a look at the GMT to USDT chart over the 4 hour timeframe.
As you can see, the price is moving above the local trendline.
Let's start by identifying the stop loss we have in the near future:
SL1 - $ 0.9975
SL2 - $ 0.9070
SL3 - $ 0.7979
Now let's move on to the goals we may consider:
T1 - $ 0.9994
T2 - $ 1.0598
T3 - $ 1.1099
T4 - $ 1,7579
Looking at the CHOP indicator, we can see that in the 4H interval most of the energy was used, while the MACD indicator indicates a local upward trend.
GMT more gain 🚀Hello 🐋
based on the chart, the price is close to important trend line and the support area and the round number of $1 ✔️
if
the price do not break the support area to the downside and break the trend line to the upside, we will see more gain 💡🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GMT/USDT is breaking downHey Traders,
Our attention caught GMT /USDT. We see that there is not much of a volume while forming all kind of formations on this chart. So we see a good opportunity of this coin going down. We are shorting this coin to $0.65 and close the trade if we get a daily candle above $1. We still think this coin is a great project but right now we see a clear break down!
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Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.