GMT
GMT - Let's Go For A Run!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last GMT analysis, we were waiting for GMT to break above 2.0 OR retest the 0.75 - 1.0 zone to look for buy setups.
Now since GMT is around our 0.75 - 1.0 demand zone , we will be looking for buy setups on lower timeframes.
on H1: GMT is forming a trendline but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, GMT would be overall bearish can still trade lower.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GMT There are 3 targets ahead👌The desired currency code, as you can see, has done the necessary analysis and is now ready for the 3 targets.
If you want to buy a currency code, now is the time to buy.
The analysis you are looking at is the specific method of the servant and the trading strategy is called the servant.
Green Metaverse Token GMT STEPN: Is this the moment of truth?GMT Green Metaverse Token STEPN could be forming a potencial W-Pattern to retest the support level at 0,80 $. The golden pocket from the Fibonacci Retracement comes in directly with the downtrend line at 1,40 $...what a perfect confluence. :-)
I will update you here if the W-Pattern really plays out and what the price target is. All in all GMT must break the 0,618 to 0,65 Fib Level.
GMT is Scam coin!!!!!!!!!!!!GMT Price Prediction: Is STEPN Legit Or A Scam?
Abdullah Sarwar·Cryptocurrencies·May 25, 2022, 16:02 BST
Our GMT price prediction is not looking great as the price has failed to generate any reversal signals. On 12th May 2022, Green Metaverse Token (GMT) dipped to the lows of $0.81, shedding most of its gains from the last month. A relief rally took the GMT coin to the $1.49 level, from where it faced another rejection.
Green Metaverse Token (GMT) is the native asset of the STEPN app. The app leverages NFTs for its novel move-to-earn platform. The protocol is built on Solana and allows the users to monetize their workouts like running, jogging and walking. At the time of writing, GMT price is trading at $1.38, which is 66% below its all-time high of $4.11.
Psychological term: 👁️🗨️ Pareidolia 🧠Pareidolia (/ˌpærɪˈdoʊliə, ˌpɛər-/; also US: /ˌpɛəraɪ-/) is the tendency for perception to impose a meaningful interpretation on a nebulous stimulus, usually visual, so that one sees an object, pattern, or meaning where there is none.
In other, more simple words: We See What We Want to See
Obi-Wan Kenobi once advised Luke Skywalker to not trust his eyes, because “your eyes can deceive you.” Most of us can recall an instance from our own non-Jedi lives when these words rang true. Think of a time when your eyes saw what they wished to see: a person you were thinking about on a busy street, a heart-shaped pebble you were looking for on the beach.
This phenomenon, called motivated perception, has been explored in psychological research for decades. Indeed, the world as we conceive it in our awareness is not exactly an accurate representation of what it truly is. Our perception is often biased, selective, and malleable.
Even our desires can affect what we see by impacting the way we process visual information.
IN TRADING:
We see what we want to see. You guys can see a million different ideas but your eye is just a gateway to the brain and that's where the problems start:
You will See what YOU WANT to see..and you will act accordingly.
Will make a small video to elaborate on this withe some tips on how you can protect yourselves from your own EYES!
One Love,
the FXSHRINK
GMT/USDT Short? #Signal @everyone Looks like GMT/USDT has finally decided to start its leg down (possibly in part due to app maintenance delays)
Regardless $2.90 area looking pretty certain
$2.05 - $2.10 wouldn't be surprising
Below that support is right down around $0.85 - $1.15,
cant see it going that low unless some project development issues arise but there is always a chance.
Trade safe guys and girls remember money management :)
✅GMT: will the Axie pattern repeat or GMT is a SCAM?Hi friends!
As we all know the 👟GMT fall close to the $1 key level because of 2 main reasons:
1️⃣ a lot of game tockens were minted. Green Satoshi Token (GST) is a gaming token of Stepn APP:
🔶GST supply on May 21 was 3.58M.
🔶GST supply is 52.9M now .
The supply increased by 1477%, which is a lot and led to a fall in the price of Stepn itself.
2️⃣ China start blocking the Stepn app on July 15. This happen due to the regulation of cryptocurrencies in the country. Naturally, this caused panic among the Chinese, massive sales and collapsed the price of the cryptocurrency by 26%. Recall that the Chinese are the main part of players in the app.
Axie and Stepn have fallen similarly after Bitcoin's fall, but will GMT repeat the AXS pattern of 2021? It would be ideal to wait for a similar trend line and open a long on a breakout. After the 80% drop, when reatail is scared and squeezed under the trend line, it would be possible to open a similar to AXS long.
📊Let's compare this two games:
1. There are actually a lot of people playing in Axie Infinity. There's a developed ecosystem, it's more than a few years old, the game is constantly evolving.
2. GMT looks like a pyramid scheme and it might scam at any time.
Friends, if you want to trade, please use the stop losses, because this is the main thing in trading that allow you to be succesfull for a long long time.
If GMT repeats the AXIE pattern, I will be posting trading setups in new updates and ideas, so stay tuned!
💻Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GMTUSDT - SETUPGMTUSDT price hit the Support zone at 0.80$ and gained an aggressive Volume and the price sustained after a few hours. Now as the price shows momentum the first hurdle will be at 1.30$ which is the strongest one. If we see a surge of volume there, it could definitely have the potential to touch 2.50$ and 3.0$.
GMT at 15m intervalHello everyone, let's take a look at the GMT to USDT chart on the 15 minute time frame.
As you can see, the price is moving below the local downtrend line.
Let's start by determining the stop loss we have in the near future:
SL1 - 0.807 $$
SL2 - $ 0.208
Now let's move on to the targets we can consider:
T1 - $ 0.998
T2 - $ 1,103
T3 - $ 1,188
T4 - $ 1,272
T5 - $ 1,389
Looking at the CHOP indicator, we can see that in the 15-minute interval most of the energy has been used.
GMT STEPN - ON MAJOR SUPPORT (AGAIN) 👟STEPN at the same level that offered us a huge rebound just a few days ago:
Not sure if this level will work this time, since the market is VERY nasty and red at the moment but again: this is support
We are attempting a trade with a stop loss at 0,79 even if it's not so clear.
We can always buy again later if that happens...
our AUTOMATED all Time Support Level Alerts are ON, either we will be at the beach or in front of a PC we will take trades worth the risk, and eventually Buy at the ROCK BOTTOM (which is not yet).
One Love,
the FXPROFESSOR
📊Are the whales going to PUMP Bitcoin?Hi Friends! Today I`ll show you the closest possible targets for Bitcoin and how the whales manipulations looks like. As you know, if you want to be succesfull in trading you can just copy the guys with really big money. Except the DOM and Footprint that i use to indentify the big limit buy-sell orders, i use techical analysis (TA) and look for manipulations on the chart.
How can the techical analysis help to identify the big player? For this reason we need:
1. Key level. At the chart i mark 2 key levels which looks like channel.
2. Volume indicator. At the volume indicator you can see the traded volume.
Let`s combine this 2 tools. As you can see, the volume grow every time when the price touches upper or lower boundary of the channel. That means someone sell at the top and buy at the bottom. Additionally, the candles with long tails show that someone is pushing the price deliberately. We have seen this in two cases, which are highlighted in red circles. This is definitely market manipulation.
How this cases can help you in trading? You can add this tools to your trading strategy. How to make you personal trading strategy easy i talked about in this educational idea.
For this moment Bitcoin is squeezing under the trendline so you can wait for the breakout. ✅The targets:
1️⃣ $32,000
2️⃣ $33,100
3️⃣ $35,900
Also, you can expect the second scenario which is also possible in case of the market manipulation. Bitcoin is in accumulation for more than 2 weeks and lot`s of traders open their longs. How do you think where are their sl are placed? Of course below the lower boundary of $28,600 and the big player know it.
💻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.
🎯1INCH: 2 main targets for possible trade! Nice local short!1Inch continues its consolidation along with Bitcoin and the entire crypto market. After the local growth, you can see the weakness in the price of this alcoin, which we can take advantage of.
The key points on the chart:
at the test of the key level of $0.97 and the local trend line volumes decrease (example on the volume indicator). This indicates the absence of the buyer and the price can fall to the marked targets.
The main areas:
$0,99-1,01 - local resistance
$0,91-0,94 - local support, first and the main target for short trade . Below this area can be lot`s of long traders syop losses, so the shakeouts of this are is highly possible. In this way the big player accumulates long postition.
$0,77-0,80 - local support, second target with low possibility to happen, but this is the large value area on the horizontal volumes.
💻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.
$GST/USDT 4h (#KuCoin) Descending channel breakout⚡️⚡️ #GST/USDT ⚡️⚡️
Exchanges: KuCoin, Huobi.pro, FTX
Signal Type: Regular
Current Price:
2.9169
Entry Zone:
2.9204 - 2.6784
Take-Profit Targets:
1) 3.4039
2) 3.9359
3) 4.6198
Stop Targets:
1) 2.2919
Published By: @Zblaba
Green Satoshi Token is trying to regain 50MA which would initiate a nice recovery!
Risk/Reward= 1:1.2 | 1:2.25 | 1:3.6
Expected Profit= +21.63% | +40.64% | +65.8%
Possible Loss= -18.10%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Tags: #GSTUSDT #STEPN #NFT #Metaverse #M2E #Social #App #Gaming #GMT #BSC #SolEco
Website: stepn.com
Contracts:
#BEP20 0x4a2c860cEC6471b9F5F5a336eB4F38bb21683c98
#SPL AFbX8oGjGpmVFywbVouvhQSRmiW2aR1mohfahi4Y2AdB
✅BTC: three local targets for Bitcoin!Hi friends! After a huge liquidation of $2B in the cryptocurrency market, Bitcoin is showing signs of strength, which is positive for opening long trades. Read about 5 confirmations of Bitcoin's strength.
The positive signs:
🔶Bull trap - liquidation of long traders for $500M. Usually, this is additional confirmation that a big player is accumulating positions and trying to collect all the liquidity in the market.
🔶Higher lows (HL) - buyers ready to buy higher and higher.
🔶Squeezing and breakout of the trend line - after the liquidation of the long traders, the price did not continue to fall, but returned to the trend line.
🔶Two-week accumulation in the $27,000 to $31,000 range.
🔶Growth of Bitcoin Dominance (BTC.D). Money from altcoins is flowing into Bitcoin.
✅The targets:
1️⃣ $32,000
2️⃣ $33,100
3️⃣ $35,900
Also, check out the video about Bitcoin targets that I recorded for you! The price return to the trendline and brekout it again.
✅Friends, what is your plan? Share it in the comments. Let's look at the Bitcoin chart from different points of view!
💻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.
🔥AXS: is Axie still bullish? Wait for this scenario!Is it possible that Axie will return to its ATH? This game-fi project is returning its popularity and in this idea I will explain when to enter to the local long trade, what to pay attention to and outline the targets.
✅The first thing to do is to wait for a false breakdown of the key levels of $19.75 and $19.25. I have not marked them on the chart, but you can mark them for yourself.
Why these levels? On the horizontal volumes, I see that a lot of trades were made at these levels, therefore under these key levels is a large number of stop-loss traders!
✅Secondly, the growth of volumes will show us:
liquidation of long traders
purchases of a big player, which will help us to identify the end of a falling move.
✅Thirdly, the return and modification under the local trend line. The more traders will take short trades on this fall, the higher will be the Axi rise. Short traders will be the fuel🔥 for growth.
By combining these 3 tips together, you can open a successful long with a short stop loss and a high chance of success.
The targets for long :
1. $25.50-27 value zone.
2. $29-29.60 value zone
💻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.
🍕🌟BNB: long after the false breakout!When to open a long on BNB? In this idea I will tell you 1 method that will help you do it even if you are the beginner.
📊On the chart we can mark:
1. the mirror level of $313.5. A mirror level is a price level that can be both support and resistance for the price.
2. value areas that would be targets:
🔶$354-363.
🔶$373-382.
🚩In order to open a long trade, we need to look at an example of a short trade, which could be opened on a breakdown of the mirror level. Key points:
1. a return of price under the key level (false breakout).
2. volume growth on the breakout - a big player was selling BNB to the long traders.
✅A short stop-loss and a clear target to the trendline.
🚩How to open a long:
1. Wait for a false breakdown of the mirror level of $313.5, the return of the price above it.
2. The growth of volumes will show us that the big player is actively buying, while retail traders are selling.
✅Additional support will be the trend line, which the price may touch for the fourth time. A short stop loss and clear two targets.
💻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.
If BTC is stable, GMT may start to go upHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 1.29, if the support breaks, the next one is SL2 - $ 1.17 and SL3 - $ 1.02.
Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 1.62, if you can break it, the next resistance will be T2 - $ 2.10 and T3 - $ 2.50, T4 - $ 2.90.
Looking at the CHOP indicator, we can see that on the 1-day interval we are starting to recover energy, and the MACD indicator indicates an upward trend