GMTUSDT Short ScenarioMarket overall formed a downtrend, and on a 1h timeframe we can see a correction upwards, but recently market broke its higher lows sequence, went above the point of structure break, we are waiting for market to fall down to 1.44 zone which is where it broke a structure and we forecast it will continue falling down.
Entry: 1.44 (Or now for better R/R but more risk)
Invalidation: 1.65535
Target: 0.92347
GMTUSDT trade ideas
✅Is GMT ready to PUMP? Long after the false breakout! 📈Stepn (GMT) is now in a triangle and according to technical analysis should break up. But will it really do that? In this idea I will explain to you where you can open a long with the highest probability of success.
✅Why is a long more possible? After bouncing back from the bottom by 100%, retail traders have started to accumulate altcoin in a triangle. On a local manipulation and a break down, a large number of GMT will sell off and a big player will accumulate enough position for a Long. Do you want to be like a big player?
🎯The targets:
1. $1.86-2 - value area, round number
2. $2.61-2.8 - value area
📊What do you need to pay attention to?
🔶The volume indicator will help you understand if a big player bought on this manipulation. The volumes should increase!
🔶Keep an eye on Bitcoin. Altcoins very often repeat its movements, so if there will be such a manipulation on Bitcoin, then also on GMT.
💻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.
GMTUSDT ! Attempts to restore prices. Will it grow or not?GMTUSDT forms a downtrend after a false breakout of 3.8325 and falls by 80%. After a false breakout of support at 1.1000, the price tests the support from above and grows, forming a local resistance at 1.655, after which it rests against this level and forms a price pressure to the resistance.
I'm guessing resistance breakdown 1.655 and price growth in the short term to 2.0532.
In the medium term, up to resistance 2.75127.
In the Long term until resistance 3.127
Sincerely, R. Linda!
GMT ShortThis is not a financial advice-
please do your own research -
As you can see we are in downtrend at least till end of this month and we will see lower price coming in days , GMT is a good investment for long term and our target in a year would be $14-$20 ,
if you are agree or not please leave your comments and don’t forget to like and share .
#GMT/USDT RE_ENTRY !!Hello, dear traders welcome you to this GMT /USDT 4hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
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 the comments, and we will try to answer for all, thank you, guys.
As we can see from the above-mentioned chart that GMT /USDT is printing an inverse head and shoulder-like pattern which can happen.
If a triangle pattern creates and retests the green zone and then we can take a long entry:-$1.50,$1.56.
GMT has a resistance zone between $2.21-$2.20 which is the longest and strong resistance zone.
and stoploss:-$1.40
If we take an entry at the neckline level of an inverse head and shoulder pattern then we can gain almost 50% to the resistance level and if it breaks the resistance then more % will add.
We will keep updating you.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#GMT/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this GMT/USDT 4hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
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 the comments, and we will try to answer for all, thank you, guys.
As we can see from the above-mentioned chart that GMT /USDT is printing an inverse head and shoulder-like pattern which can happen.
If an inverse head and shoulder pattern creates then we can take a long entry:-$1.27,$1.42.
GMT has a resistance zone between $2.21-$2.20 which is the longest and strong resistance zone.
and stoploss:-$1.12
If we take an entry at the neckline level of an inverse head and shoulder pattern then we can gain almost 50% to the resistance level and if it breaks the resistance then more % will add.
We will keep updating you.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
GMT/USDT good opportunity to buyHey Traders,
Our attention caught GMT /USDT. On weekends GMT has formed a nice higher-lows pattern so here we see 2 options that can happen.
Firstly - GMT will hold the trendline we drew zone and it will bounce to $2.30.
Secondly - it will fall and try to test $0.85 support line from where we should have a strong bounce back up.
If you like ideas provided by our team you can show us your support by liking and commenting.
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.
GMT - Buying strategyBYBIT:GMTUSDT
1H trend chart
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GMT keeps consolidating and the low points are getting higher gradually.
If price can overcome the downtrend line, trading strategy as below.
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Profit Targets:
a) 1.7342-----Fib(1)
b) 1.987~2.0893-----Fib(1.272~1.382)
Stop losses:
a) The relative low point after breaking out downtrend line-----Red horizontal ray
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