GMTUSDT trade ideas
GMT Buy Trade Blueprint: Seizing the Moment for Maximum Gains ๐"Welcome to the crypto analysis hub! Here, I share daily technical insights on Bitcoin, altcoins, and more. Stay informed and join the discussion below! ๐
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GMT after forming inverse Head & Shoulders is going upGMT after forming inverse Head & Shoulders is going up.
๐ตEntry Zone 0.2712 - 0.2618
๐ดSL 0.2479
๐ขTP1 0.2924
๐ขTP2 0.3289
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Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Gmtusdt Buy opportunityGMTUSDT has successfully broken out of a falling wedge pattern, followed by a pullback towards the top trendline, resulting in a decent bounce. The accumulation and potential stop loss levels are indicated on the chart, suggesting that the internal supply area should be considered as our profit target zone.
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โ๏ธ GMT - Rebound from Support with Bullish Indicators! ๐น๐ Technical Overview:
GMT (Gambit): Rebounding from support for the third time.
Entry Condition: Bullish crossover in Stochastic RSI, break above $0.2748.
Next Resistances: $0.4611 (67% gain potential), $0.5780 (112% gain potential).
Invalidation: If price breaks and remains below $0.2211.
๐ Trade Strategy:
Entry: After bullish crossover and break above $0.2748.
Targets: $0.4611 and $0.5780.
Invalidation: If price remains below $0.2211.
๐จ Note: Monitor market conditions and Bitcoin movements for potential impact on GMT. Trade carefully! ๐๐ #GMT #TradeAnalysis #Cryptocurrency ๐๐น
GMT Is breaking out. Pump is starting, here is why.GMT is really bullish because the downtrend ended with a descending parallel channel. Volume is starting to be really high, which is a good sign. WXYXZ corrective pattern is complete, also a good sign. Where to take profit? I recommend 3 profit targets at this moment. Choose wisely, my last profit target is the previous all time high, which is a strong resistance and I don't think it will break on the first try. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
FSL (GMT) was founded in August 2021 by Australian blockchain entrepreneur Yawn Rong. Mr. Rong has previously founded Crypto SA, an Australian crypto fund and pro-regulation auditor, and has served as an ambassador for Algorand and as an industry representative of the South Australian Blockchain Association. He founded STEPN with his neighbor and partner Jerry Huang, a game developer and former founder of Falafel Games.
FSL raised a significant $5 million seed round from some of the biggest crypto venture capital firms like Sequoia Capital, Folius Ventures, Solana Capital, Alameda Research, 6th Man Ventures, DeFi Alliance and several others. Several notable angel investors include Santiago R Santos and Asia Partner of Republic Zhen Cao. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
GMT BULLS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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Here is a quick update on GMT๐
๐As we can see price is sitting around a minor support zone, lining up with our previous major lows, however, we will be expecting again a new rejection!
๐Moreover, for the bulls to take over, we need a break above the marked major swing high, then a movement higher would be expected
And yes! Unless price managed to break below our zone, then a movement lower would be expected, till the lower massive support zone. ๐
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
GMT/USDT If Breakout is happening, potential GMT back to Upward!๐GMT has recently shown significant market dynamics. After a strong bounce from the demand area, GMT is now facing a key challenge at the resistance zone.
๐ A successful breakout above this resistance could pave the way for further upward movement, probability allowing GMT to reach our target supply area.
๐ However, if GMT fails to climb above the resistance and retreats back to the demand area, it may need to establish new momentum from there.
๐ A concerning scenario would unfold if GMT breaks below the demand area, indicating a continuation of the downward trend. This would signal bearish sentiment and could lead GMT back to the bottom support level, initiating a bearish season once again.
GMT - 1H - $0,32 - 37% profit on short term possibleGMT has reached the bottom and looks oversold also on shorter time frames. On the 1H time frame there is a potential profit possible of approx. 37% to $0,32. The price is breaking out a bullish Falling Wedge pattern. Also the 1D is looking good and on the longer term it can give even a much bigger potential profit.
GMT - $0,78 - 235% potential profit - inverted H&SGMT is currently very oversold and has very interesting profit possibilities. The price is currently moving out a bullish falling wedge and a mega inverted head & shoulders. From these patterns the price can move back to $0,78 which is a potential profit of approx. 235% from current price.
GMT going on fire!As we spoke GMT is breaking the 0.4$ barrier towards the 0.7$ resistance level as a first potential target. The VCP pattern is not confirmed yet but volumes are sustaining the price growth!
The second possibile potential target is around 1$ if the price create a valid trend.
good trading