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GMT

🚀GMT: runners, are you here? Is it a time to BUY?Despite the decline of GMT hype, enough buyers can be seen in the volume indicator. The growth of volume bars shows that the big players are still buying. Indeed, if you are a big player, you don't always make money, but we can see the signs of interest now. Will the project be able to surprise traders once again and achieve the goals I will talk about in this idea? The price return to the previous lows and the key level of $0.81. It`s almost +44%. GMT make the false breakout of the key level but after few hours return above the level. As you know, false breakout is the strong pattern but in this case price show the bullish signs and it`s good for the long traders. Additionally, the price test the global trendline as a support which is also confirm my thoughts. 📊The closest resistance area is a $0.92-1.06 value are. I think we have to test it and make a pullback for 10-15% to trap the long traders. After this we can open a long with better RR and use trendline breakout as it`s shown ont he chart. 🚩Targets: 🔶1. $0.92-1.06 - closest value area 🔶2. $1.16-20 - value area and mid-term target. GMT can reach this target if BRC helps altcoin and start to rise to $24-25k. What should we expect from the project? Will it ever return to its highs or can we no longer hope for growth? Write about it in the comments! 💻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.
by Yuriy_Bishko
9
STEPN (GMT)-USDTGreetings, looking at this chart, it's just wow. The creators and marketers of this project, you have to hand it to them. Two months of 50k% growth is something...53rd place in the CMC... Technically we have an upward wedge, the price is testing its support at the moment. Let me remind newcomers that the rising wedge is a bearish pattern, and according to statistics it speaks about an approaching trend reversal. The double top is also not a good sign for the continuation of growth. A correction is needed. Possible scenarios: a smooth decline to the first support zone is the trading around the past resistance in the area of $2-2.4, the next support is a zone of $0.8 and from this zone again can expect a real reversal. By the way, the formation of the third top and putting the passengers back into the longs is also relevant. Possible points on the short from a zone of 3,8-4$ at false breakdown of this zone and consolidation under it. Or at breakdown of a current support zone of $3-3.15. Longs if you're not a speculator, but more of an investor, I would not consider earlier than at a price in the area of $0.8-1, which will be a correction of about 80% of the highs. If you liked this material, then like this and subscribe, so as not to miss anything. Always use STOP, and do not use leverage greater than x3. A trader should always have tomorrow.
Short
by Kirill_Gaitan
2
🚀GALA: potential reversal pointHi, friends! Can you see how big guys buy the bottom at the volume indicator? As you know if someone not sell somethins so you can`t buy it. In this example we see how much GALA were sold in panic or any other reason. Where is successful trade really possible? The best opportunity might be at the false breakouts of 2 key levels: 1. $0,05 - local lows 2. $0,049 - local lows Under these levels placed a lot of sl which is liquidity for the big player and they want to collect it. The target is $0,064-0,07 liquidity gap which is resistance for the price now. After the false breakout of the key levels and return to the trendline the breakout is highly possible. Check the volume, because it`s shows us the willing of the big guys to buy. Stay tuned to get more updates! 💻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.
by Yuriy_Bishko
1
$GMT/USDT 3h (#BinanceFutures) Descending trendline break retestGreen Metaverse Token is pulling back to 50MA support where we expect a bounce then a short-term recovery! Current Price= 1.0873 Buy Entry= 1.0837 - 0.9723 Take Profit= 1.3545 | 1.6167 | 1.8789 Stop Loss= 0.7658 Risk/Reward= 1:1.25 | 1:2.25 | 1:3.25 Expected Profit= +31.76% | +57.26% | +82.77% Possible Loss= -25.50% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin Leverage= 1x Estimated Gain-time= 2 weeks Tags: #GMT #GMTUSDT #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana Website: stepn.com Contracts: #BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1 #SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
Long
by TradingOn
2
😥🎢BTC.D: retail traders sell alts in a panic! Time to buy?📈Bitcoin's dominance has grown to 45%, while most altcoins have fallen by 75-90% from their ATH. One Luna🌔 lost $18 billion in capitalization. Why do we need this dominance and how it helps to increase the win rate? I'll explain it in this idea. 💼What is dominance? Bitcoin dominance is the ratio of the capitalization of the major cryptocurrency ( BTC ) to the total capitalization of cryptocurrencies. Simply put, % of Bitcoin's capitalization in the TOTAL capitalization of the crypto market (Bitcoin+Altcoins). Now it`s 45%. 💹What does dominance help to identify? As we can see from the 8% dominance growth, altcoins are getting weaker. But why does this happen? It is because of the panic of retail traders. In search of a quick profit and investing all their depo in altcoins without any analysis, they have lost significant capital and are trying to sell them as fast as possible despite the 90% fall of alts. ✅The key level of 50%, when the value of all altcoins=the value of all Bitcoins , will be the huge resistance to Dominance. Bitcoin can reach that level if it can drop to $23-25k and all retail investors finally panic sell off their alcoins, pushing the price down. That would be the best place to buy, but I'll tell you about that later. 🏁Let me know if you want to know more about altseasons: why and when it`s happen? Altseason is the best opportunity to grow your deposit. 💻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.
CRYPTOCAP:BTC.D
by Yuriy_Bishko
10