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GMTUSDT trade ideas

GMTUSDT ! double bottom. Will there be a change in trend?GMTUSDT in consolidation. A double bottom pattern is forming around the 0.800 support. A false breakdown of the strong support at 1.1000 was also made. The price returns beyond the level and consolidates above. I'm guessing the price will go up. Change from a downtrend to an uptrend. The potential is great, I'm waiting for the price increase. In the short term - 1.7281. In the medium term - resistance 2.7513 Sincerely, R. Linda!
Long
by RLinda
20
🏃GMT: you can't run away from a SCAM.📊Actually, it`s +15% after the last idea. You can read about why the STEPN fell and possible scenarios of pump or dump in this idea. 📊At the moment on the volume indicator we can see an increase in volume at every test of the bottom, which means that the coin is being bought back. Especially it can be seen on the massive sell-off when the price temporarily renew its lows (2) and the coin has already risen by 50% after that. Definitely a sign of strength. 🔶1. $1.31-1.54 is the largest zone of value, a strong resistance for the price. After the 50% growth, GMT should consolidate under this area for some time, to accumulate the strength for continued growth. 🔶2. $1.87-2.02 - the first target, a value zone, an even number. Traders who bought a $1 coin will close their longs. 🔶3. $2,53-2,77 - the second target ✅Friends, trade with stop losses, this is a must. Remember, the Chinese players, were the main players and now this market is being shut down for STEPN. Even if the volume indicator shows buying, remember what happen to LUNA! Do you think this is a scam or should we expect a strong growth of Move-2-earn projects and STEPN will be the largest of them? Let me know in the comments! 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
9
GMT - Let's Go For A Run!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last GMT analysis, we were waiting for GMT to break above 2.0 OR retest the 0.75 - 1.0 zone to look for buy setups. Now since GMT is around our 0.75 - 1.0 demand zone , we will be looking for buy setups on lower timeframes. on H1: GMT is forming a trendline but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, GMT would be overall bearish can still trade lower. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
14
STEPN drawn Double Bottom pattern and price start rise soon !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys. 12th May GMT token create local low at 0.85$ and bounced more than 100% to 1.75$ Few days ago price back to support level, local low at 0,85$ and now created double bottom pattern. I think for now price can make another 100-140% upward movement to our main target around 2-2.1 USD. And some time to trades in this range 0.85-2.1 USD I expect this scenario, so be prepare for next movements. Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
Long
by Michael_Winner
14
Rising support + static resistanceHello friends. I found a relatively clean setup featuring my favorite pattern: rising support + static resistance. This pattern is especially powerful because of the nature of resistance. Think for a second of this level at ~$1.06 as a door, and think of the price as a "battering ram". Each time that the battering ram smashes into the door, the door falls apart some, and becomes weaker. At some point, when the door has become weak enough, it will fall down altogether as the battering ram smashes into it for the last time, popping off the hinges of the door. This creates a breakout in the price which can be quite explosive and generate a good profit for those who were already long. I don't really like to long those after the breakout already happened because you miss most of the movement, so it seems more effective from a risk to reward standpoint to simply anticipate a possible breakout of this nature. Thanks for playing.
Long
by bowtrix
1
GMT, is expected to rebound with double bottom support.The following are machine translations: On the daily chart, it stepped back after it fell to around 0.8 on May 12 and rebounded. Now it has stepped back to around 0.8 to get support and rebound, showing a bullish shape. In terms of indicators, the macd indicator is seriously deviating from the bottom, and you can wait for the golden fork to do more. SRI reached 27.72 on May 12, the price on the 26th was slightly lower than that on the 12th, and the RSI reached 30.3, which also formed a bottom divergence, and the market rebounded yesterday. In terms of operation, it can be regarded as a double-bottom pattern at present. It can be done with the indicator macd. When the macd crosses, it is more likely to continue to rise.
Long
by LochubT