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GMT / TetherUS

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GMTUSDT trade ideas

GMTMove2Earn is gaining popularity w/ more projects similar to Stepn popping out the woodworks. However, the overall market itself has not recovered and its honestly a sellers market. He who sells first, sells best. Regardless, GMT has been performing relatively well and is currently in an accumulation or distribution phase currently. Naturally, It would be easy to look at this price action as a distribution phase (dump soon), however due to hype and FOMO along with potential earning ability thru Move2Earn, price can be inflated even more. Looking at things practically though, there are clear options as to where to make the best trades w/ the highest r:r. Longing the range bottom Shorting a break and retest of the range bottom -Shorting from ATH -Longing the retest from breaking the top of the range and praying to God. As it stands, while GMT is providing a great return, I can only assume people will want to protect profit - by taking profit, and opportunistic traders by shorting. There is a price inefficiency as seen on the volume chart where price would have little to no support given we have a break of the range bottom. That is the trade I'm willing to make and will be waiting for. I wont be trying to predict, only react. As seen on the chart, I'm prepared for any move.
by N0ST0PL0SS
33
GMT Stepn Metaverse earn to playUpdated GMT Stepn Token Metaverse Earn to play fitness STEPN is a Web3 lifestyle app with fun social elements and gamification design. Users equipped with NFT Sneakers – walk, jog or run outdoors to earn GST , which can be used to level up and mint new Sneakers. Player can choose to lease or sell their NFT Sneakers on the in-app Marketplace; users’ GST earnings are stored in the in-app Wallet, which has a built-in Swap function.
Long
by HoldenChandler
14
GMTUSDT BAT PATTERNBat The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618. The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
by UnknownUnicorn38199698
GMT/USDT Sitting at the support? Where it will go?Hey Traders, Our attention caught GMT/USDT. Last week GMT tried to break its ATM and for now it has stopped at $3.33 support zone. From here we see 2 options that can happen. Firstly - GMT will hold $3.33 zone and it will bounce to $4 to break its ATH Secondly - Support zone at $3.33 will break and next stop would be at $2.65 from where we expect it to bounce right 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.
by SwallowAcademy
8
GMT has a price adjustment but has collected a lot of 1D energyHello everyone, let's take a look at the 1D GMT to USDT chart. 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 - $ 3.12, if the support breaks, the next one is SL2 - $ 2.45. It is worth choosing at least one stop loss. Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 3.43, if you can break it, the next resistance will be T2 - $ 3.60 and T3 - $ 3.74 and T4 - $ 3.89. Looking at the CHOP indicator, we can see that on the 1D m interval, we have a lot of energy for the next move, while the MACD indicator shows a downward trend because the blue line is below the red one.
by cryptodailyuk
1
GMT/USDT back in accumulation zone to prepare next pump movementHello 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. Price is tried to break ath and go higher to 5$ or so, But this is not happened and price back to Accumulation/Support zone. Stepn is still very popular token at this moment. And gmt already gave 40x or around 4000% profit. I still think stepn will continue to rise . Target 5$ us still possible but now I would like to highlight the following targets. First is previous ath level 3.85 and second is 4.60 level at resistance line. Price can some time trades inside accumulation zone. Maybe even go to 3-2.90 before pump movement. But anyway I'm expect gmt above 4$ and close 5$ soon. 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
21