GMT
GMTUSDT 1D CUP AND HANDLE FORMATIONHi
If market gets a bounce gmt will be one of the first coin that will make good short time profit.
There is a cup and handle formation on 1 day chart with a possible target of 1.4$
If retrace targets are 0.97 -0.94 and 0.84 and if hits 0.84 i think it will hold and a new bounce near to 1$ can be on the way
For gmt short to mid term will be around 1$ but long term i think 2-3$ will be price consolidation area.
These are just my amateur ideas. Don't take as a financial advice and do your own researcch please
📊GMT: are the runners return? 2 targets for long!Hi friends! GMT is looking bullish, isn`t it?
STEPN follow my previous bullish scenario! Now we see the continuation of this movements! 🚩Check it!
The price make a deep pullbach and trapped long traders which open longs at new local highs. It`s the first precondition for the next growth.
Additionally, GMT returns fast to the huge value area which was strong resistance and start squeeze below it. It`s additional bullish signal of bull strength.
Remember about short traders who awere goin to short GMT to 0. They are all trapped now and can become the fuel for next pumps.
Also i can add 2 targets:
🔶 $1.10 - key level
🔶 $1.34-1.44 - value area
All this growth possible because of the BTC growth and it`s correlation with SnP500 whick is also have local recovery after dump.
💻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.
STEPN Correction vs Bitcoin Not Yet Over | PatienceThis is what I am getting from the STEPN (GMTBTC) chart, the correction isn't over.
I am keeping this one simple.
We have a classic ABC correction that isn't yet finish and we see how prices are now moving below EMA10 after a small bounce 13-June.
The 26-June candle gives a clear bearish signal as well.
After the correction is over we can expect very strong growth.
Namaste.
GMT - TARGETS AND STOPLOSS 4HHello everyone, let's take a look at the 4H GMT to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.8455
T2 - $ 0.8956
T3 - $ 0.9363
T4 - $ 0.9802
and
T5 - $ 1.0342
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7665
SL2 - $ 0.6708
and
SL3 - $ 0.54987
Looking at the CHOP indicator, we can see that in the 4H range the energy is depleted and the MACD indicator shows a downward trend.
GMT - Running it down💪📉Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 8 days long
⭐️ Trendline is clean
⭐️ Price slowly approaching the trendline
⭐️ 5th touch
⭐️ 45 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
GMTUSDT (STEPN) Daily tf Range Updated till 26-06-22GMTUSDT (STEPN) Daily timeframe range. good thing it didn't brokeout of its low like many others. which is a good rep at this condition of the market. alltho it dropped 86% from its top, pretty much the holders from top are rekt now totally depending on luck and developers how they improve it. it do have a close up range for swing positions. and decent amount of quality holders and buyers interest which helped it to follow-up those range spaces.