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GMT / TetherUS

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GMTUSDT trade ideas

GMT Drops 4%, but Are Buyers Gearing Up for Another Move?Buyers are attempting to push the GMT price higher, as evident by the wick that was present under today’s daily candle. Throughout the past day of trading, the altcoin was able to overcome the strong resistance level at $0.3755 to trade at its current level. Should it close today’s trading session above this significant mark, it could have the foundation needed to rise higher in the next few days. If this bullish thesis is validated, the GMT price could rise to as high as $0.5025 in the short term. However, a daily candle close today below $0.3755 may prevent this bullish move from happening. In this alternative scenario, the GMT price could pull back to the key $0.2975 support level. Continued sell pressure at this point may then put the altcoin at risk of falling to as low as $0.2290 within the following 72 hours. Bullish Momentum Could Boost GMT Technical indicators on GMT’s daily chart supported a short-term bullish outlook. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) were flagging bullish at press time. These technical flags not only suggest that buyers are currently stronger than sellers, but also that the altcoin’s positive trend may continue for the next 48 hours. The MACD line was breaking away above the MACD Signal line, which could be a trend continuation signal. In addition to this, the RSI was positioned above its Simple Moving Average (SMA) line. The RSI was also breaking away above the SMA line. Therefore, it is fair to speculate that buyers are growing stronger than sellers, which may lead to further gains for the GMT price.
Long
by StevenWalgenbach
GMT/USDT Major trend. Super HYIP and Super Dump. -96,69%Main trend. Time frame 1 week. There is no sense in less. The super dump is about +5000%, similarly the super dump is -96.69% from the peak at the moment. A big wedge is forming, the price is near the reversal zone. The target, which with a high probability will be reached urgently, is shown on the chart in case of a breakthrough of the dynamic resistance (downward trend) of the wedge - descending channel. Marketing program "buy promising" on pampa +2500% Notice where the super marketing PR was launched about “blockchain sneakers” for true ..... At +2500% price values (pamp stick). Then a little consolidation (sales of “promising” ... so that each “hamster” was in the future fabulously rich) then the last shot +88% (so that hamsters were happy about a successful investment) and naturally super depreciation of unnecessary phantom -96% Expensive and cheap. Trading and investment. Psychology. -96.69% Wanting to buy “blockchain sneakers” to make money or something there...?? The former "investors in nothing" will probably get sick from such an offer. Maybe it's a bad idea. Maybe it's time to buy a little, because before the desired and very expensive crypto hype (sales of creators and funds - investors) crypto garbage will be dozens of times more. The main thing is to hold a little and do not forget to get rid of it, so that you can repeat the “investment” again for a longer period of time.... and then already get a super profit. Maybe it's time?) This is what the trend of this cryptocurrency looks like on a line chart. .
Long
by SpartaBTC
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