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GMTUSDT trade ideas

GMT ANALYSIS (1D)It's been a long time since the correction started after GMT's heavy climbs ended. When it was going up, it seemed like GMT would go up forever, but make no mistake, no ups or downs in the financial markets last forever. By examining the GMT waves in terms of price and time, we can see that we are in a downward and corrective diametric. If we examine the corrective waves in more detail, we can get more details. So that the E wave of this large diameter itself has become a smaller diameter, and now we are inside the G wave of this smaller diameter. The green area is where the major E branch of this major diametric can end and we enter the major F wave of this major diametric. The optimized zone is the best zone for buy/long positions. If the price only reached the green ob area and did not reach the optimized area and then gave bullish signs or confirmations, think about the buy/long position. The red zone can be a safe zone target for F wave upward movements. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
5
GMT/USDT is Ready For a Potential Correction | GMT AnalysisYello Paradisers, let's zoom in on GMT! 💎At the moment, it's oscillating within a specific range, and we're eyeing a potential downward breakout on the horizon. 💎If this breakout materializes as anticipated, it's likely to catalyze a swift corrective move. 💎Worth noting are the dual confirmed order blocks in the shorter timeframe. Due to existing liquidity, the price is projected to gravitate towards these levels. 💎In a previous cycle, what was once a demand zone flipped into a supply area, leading to a marked price decline and zeroing in on the prior Order Block (OB). 💎As always in the ever-fluid crypto landscape, staying alert and adaptable is your golden ticket. Keep your charts fresh and stay tuned for more updates. Happy trading!
Short
by MyCryptoParadise_Simon
GMTUSDT is collecting new liquidity?New Liquidity from $0.1681: The current market situation involves GMTUSDT attracting fresh liquidity from the $0.1681 price level. Liquidity often gathers at specific price points and can influence price movements. Breakout Target: $0.1858 Area: According to the analysis, for a potential long trade, the price needs to establish a clear breakout above the $0.1858 area. A breakout signifies a substantial price movement beyond a significant resistance level, indicating the potential initiation of a bullish trend. Plancton's Rules Application: In accordance with Plancton's Rules and aligned with the analysis, there is consideration of a new long position if the price successfully experiences the mentioned breakout. A long position involves acquiring the asset with the expectation of its price rising.
by InkyGrip
9
GMT MACRO ANALYSIS 2ND SCENARIO UPDATENZX:GMT scenario 2 seems to be the favorable scenario after scenario 1 after it has been invalidated (see the previous analysis for context) Now I have a not entirely new scenario that stays in between scenarios 1 & 2. It means we're in some kind of Elliotewave Expanded Flat X-cyan on macro and we've just completed wave B-yellow of it ABC and we're about to begin wave C-yellow leading the price to at least $0.7 10 reactions to this post and I'll update it daily. #cryptocurrencies #STEPN #GMT
Long
by DewyCandles
GMT LONG & SHORT TERMHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. GMT WHAT'S NEXT! As we can see price is still around a strong support zone, where we will be looking for new longs from a long- and short-term perspective. However, for the bulls to kick in from a long-term perspective we need a break above the marked major swing high from Daily time frame. Meanwhile, from a shorter-term perspective price is sitting around a minor support zone which is our previous swing high broken upward, Then for the bulls to kick in from a short-term we need a break above the marked swing high then a movement higher would be expected. 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!
Long
by Hadi_karaali
2