GMTUSDT trade ideas
If BTC is stable, GMT may start to go upHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 1.29, if the support breaks, the next one is SL2 - $ 1.17 and SL3 - $ 1.02.
Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 1.62, if you can break it, the next resistance will be T2 - $ 2.10 and T3 - $ 2.50, T4 - $ 2.90.
Looking at the CHOP indicator, we can see that on the 1-day interval we are starting to recover energy, and the MACD indicator indicates an upward trend
GMT ABOUT TO POP🔥Filled limits my,
Entry-1.47/1.50 collab
Targets-
1.57
1.74
1.88
2.09
SL -1.42
#DYOR
GMT x2 False Breakout?Some changes ...
The downtrend continues with some rebounds mentioned on the chart.
With two potential false breakouts
Be careful especially in altcoins.
GMT HUGE MOVEON the 4 hours chart of GMT we are breaking out of the triangle and the targets are huge. We still haven't confirmed a breakout but if we close above be ready for a big move in the price
GMT - how fast can the bulls run?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
After the bears broke the last low in gray , GMT has been overall bearish making lower lows and lower highs.
Last week, GMT rejected the 1.0 round number and demand zone, however, we are not bullish yet.
For the bulls to take over, we need a break above the previous high AND above the 2.0 zone acting as a resistance.
Once we have this break (projection in purple) then we will be looking for buy setups on the 2.0 zone retest.
Meanwhile, the bears can still reject the 2.0 zone for another bearish impulse movement till around the green demand zone.
In this case, we will be looking for buy setups on lower timeframes as price approaches the 0.75 - 1.0 zone
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
FaithI still believe alot of GMT hodlers and traders are invaluable but it’s not true. The progress has been slow but steady to an upward end
GMT long position 🚀Based on the chart, the price has broken the trend line to the upside and become close to the support area ✔️
we
expect to see brief gain to the upside 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GMT brief gain 💡🚀Based on the chart, the price has broken the trend line to the upside and become close to the support area ✔️
we
expect to see brief gain to the upside 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GMT Long and Short posHere we can see a Bearish butterfly. As we continue to complete the D leg we will short, because we are now entering the bear market.
TS ❕ GMTUSD: near the supportGMT is consolidating near the support level. I expect a rebound up to the resistance level.
BUY scenario: long to 1.74.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GMT ShortLet's be very honest, Walk to earn? All rips within this range of 1.7 - 1.2 will be shorted. Might break down to 0.8 and if it gets back to $2? short even further
GMT / USDTIN the H2 time frame we are in this pattern. I do trading based on patterns . wait for the confirmation to make in short or long
this is not financial advice
USE STOP LOSS
GMT, My favorite break up pattern is going to confirmGMT, My favorite break up pattern is going to confirm with squeezing to trend line
GMTHigher time frame was Bullish shark now I saw divergence and Bullish bat pattern in lower time frame, I'm waiting the price goes at 0.886 for reversal.
GMT 216% TEST 2 test 2
buy: 1.43$
TP1 : 2.10$
TP2 : 2.54$
TP3 : 3.00$
TP4 : 3.19$
TP5 : 3.66$
TP6 : 4.06$
SL: CLOSE 4H under 1.26$
GMT IS AT AN IMPORTANT LEVEL, WHAT NEXTGMT is currently kissing a resistance trendline.
There are 2 possibilities from here.
1. Break above the TL and start running to the NORTH.
2. The TL will act as resistance and drive it to the SOUTH.
Caution is a virtue trading the market this period.
PLEASE,
Kindly like, comment, FOLLow and share your thoughts
STEPN GMT/USDT Path Towards $1 Activated!STEPN (GMT) price appears to have chosen the next price movement which is woefully pretty negative. The market sentiments are not in favour of any upward trajectory. Therefore, more blood bath may be expected in the upcoming couple of days.
Considering the GMT price, the price could soon break out of the symmetric consolidation and tank down squeezing another 25% in the upcoming days. The market again fell into bearish well fuelled by Bitcoin prices tanking below $30,000. Therefore, no prominent possibilities a rebound may be expected for the GMT price as the volume has depleted.
Therefore, possibilities of GMT price dropping below $1 support zone emerges.
GMTUSDTGMIUSDT expects price correction Wait for the price to come back down to test the lower support zone,
buy the red zone, the first target 2.12555 >> GooD Luck 😊
GMT -STEPN
As i said on my previous TA we are in downtrend and hight inflation strategy.
GMT is loosing the power and the market continues
to fall more , my next target in few days is $0.87- $1.10 ,
today we will recover a bit and fall again ,
this is not a financial advice ,
GMT 1H - Head and Shoulder in playAs we can see price make a fake breakout of the resistance line and now is expected a retrace to the ascending trendline to complete the right shoulder .
Also price hit the RSI overbought line and can retrace from here to the buy zone.
If H&S will complete price can pump higher
