Do you forget about GMT? It`s still in play🔥Hi friends! GMT is going to lost it`s popularity. The trading volues are falling but the whales continue to buy this altcoin as you can see on the traded volume.
✅ I don`t see the large suport for the GMT price, so we can try to open a short trades if BTC will start fall again. Low risk trade with high profit potential. Check the idea about BTC to use it in your altcoin trading!
📊 Although trading volumes are falling, GMT could show good growth if the next conditions happen:
🔥 fall to the local lows where the most of long traders sl will be activated
🔥 squeeze to the trendline
🔥 DOM and Footprint BUY orders wall by the whales
🔥 bullish BTC. I think if it reach the $17k, we will see the large bull pressure on and Footprint. It helps altcoins also make a pullback from it`s bottom.
🚩 The huge buy orders (order wall) on DOM and Footprint which confirms the pressence of big player. I prefer to open the trade in the same direction with the whales.
📊 The closest targets:
1. $0.7-0.76 - value area
2. $0.91-1.04 - value area
💻Friends, press the "boost"🚀 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.
GMT
GMTHELLO GUYS THIS MY IDEA 💡ABOUT GMT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
GMT Ready for a breakouttwo possible scenarios I'm looking for GMT at the moment. first of all, GMT is on very strong support on HTF ( VAL, Weekly Level, 0.78 fibs). but the resistance 0.7 area is holding the price down and the price is making higher lows which could be a heads-up for break out. if you are a gambler you can take a long now and put your stop at the 0.63 lows. if you looking for confirmation wait for the breakout and long on the retest of 0.7 zone stop below the weekly level. one should be cautious about the Failed auction as the price might just take the highs and come back down. I prefer the break-out scenario but I wait for confirmation first. alarms set
GMT Scalp Long to celebrate new month🥳GMT is awesome candidate for long since:
⭐️ BTC has the same structure
⭐️ Domination bearish
⭐️ Volume at bottom. Buyer is holding the price
⭐️ Clear trendline that everyone sees
⭐️ 4th touch
⭐️ 35 ATR
⭐️ Over VWAP
I will enter when price slowly squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
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 😊
$GMT/BTC 12h (#BinanceSpot) Descending channel breakoutGreenMetaverseToken is pulling back to 50MA support where it seems likely to bounce and resume bullish.
Current Price=0.00004525
Buy Entry= 0.00004405 - 0.00003909
Take Profit= 0.00005585 | 0.00006754 | 0.00008183
Stop Loss= 0.00003318
Risk/Reward= 1:1.7 | 1:3.1 | 1:4.8
Expected Profit= +34.35% | +62.48% | +96.86%
Possible Loss= -20.18%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1-2 months
Tags: #GMT #GMTBTC #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana
Website: stepn.com
Contracts:
#BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1
#SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
GMT Short Trade 📉 (15Min)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Looking for a continuation mitigations trade here. liquidity purges and imbalance fills have been playing out nicely during this HTF consolidation.
Looking to take this trade down into our HTF Whale block once again to fill the imbalance and purge liquidity.
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
Current Trade Opportunity
💱 Currency Name: #GMT_USDT
™️ Trading Mode: #Type2
✖️ Position Math: 1% - 3% | 20X
📉SELL
🔵 Entry Points:
E1) - 0.7987 (Limit)
E2) - Confirmation Entry
💰Targets:
TP1) - 0.7896
TP2) - 0.7779
TP3) - 0.7546
TP4) - Trail on HAs
🚫 Stop-loss: 0.8099
🔰 Status:
🧮 Profit:
GMT Forecast 📊 (8Hr)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
- We have fallen bearish here on GMT, currently inside out 4Hr Whale Block that created our BoS.
- Will monitor for LTF BoS in this zone.
- We have imbalance targets above and below current price for Take Profit Zones.
Alerts set on BoS's
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
GMT- Going short for a whileNot the first time going short at this level:
Looking for some short positions to cover my exposure at this minute because of Bitcoin's rejection today
Hi everyone,
just as expected yesterday price attempted to break back into the ascending channel but it seems to be failing:
BITCOIN - Mt Gox adds to worries
There are still 40% chances of it happening but right now a new small dip towards 21,000 is more likely (60%).
With indices attempting a rebound, it would had been great to see BTC back into a positive structure (the ascending channel ) and hopefully it will happen before the Fundamentals kick in:
GDP (*Preliminary one, not the big one but still important) is coming out tomorrow and expected to be negative. It will also depend to see 'How negative is it'. Thus itcoins rebound might be delayed a bit more.
ALSO: Mt Gox could become Mt Cock.... stay safe for a while
One Love,
the FXPROFESSOR
*There are 3 versions of GDP released a month apart - Advance, Preliminary, and Final. The Advance release is the earliest and thus tends to have the most impact;
Why Traders
Care It's the broadest measure of economic activity and the primary gauge of the economy's health;
Take two on GMT/USDT ShortWhats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Take two on our GMT Short here, we missed our previous limit order by 0.19% which the market then melted as we expected. This price movement has created a new swing low and another build up of sell side liquidity.
We still have the large imbalance to be filled to the downside on the higher timeframe and will be looking to hold this trade down to the Lowest Whale Block.
I am predicting we will sweep the liquidity above around the time New York Session Opens hopefully grabbing both our orders and mitigating our Whale Blocks.
Watch for a retail trap on the bearish trend line as breakout traders will buy the break of trend and support and resistance traders will sell the resistance, both parties could be purged.
Horizontal zones and Whale Blocks are much more reliable that Retail Trend lines
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
GMT/USDT Three respected EMAs!!Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
#GMT/USDT. We have a lot of resistance to get through to invalidate this trade, +. we are looking to mitigated the 15Min Whale Block while purging liquidity and taking imbalance.
ETH is moving toward the top and finding resistance which may see the a lot have a little correction during this asian session coming into London later on.
I have alerts set and will monitor this trade for a confirmation entry.
A confirmation entry will be a RSI Divergence with the LTF BOS.
Side Note:
We are respecting the 200EMA on the 15Min
&
We are respecting the 100EMA on the 30Min
&
we are respecting the 50EMA on the 1Hr
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
GMT / USDT - D - LONGHi guys,
Hope you're doing well during this nice volatility from crypto market.
Here is a good looking trade for GMT/STEPN token. TMS strategy is confirmed on daily, 4H and 2H.
First TP is given by weekly TF around $1.4.
Let's give a try, as always with careful money management and a not-so-tight SL.
Best of luck,
📊 GMT is going down! Don`t get in trap.Hi friends! All alts make a huge pullback after BTC dump yesterday. It`s a good chance for traders to enter the best trade in a 3-4 weeks with 30-40$ potential.
📊 Here is a preconditions to open long:
🔥 liquidity collection (trap) for the long and short traders. When the price break the $0.7628, long traders will get sl actived and short traders will get sell limit activated and when the price go up, short traders become a fuel for the growth
🔥 volume growth that confirms
🔥 DOM and Footprint show the HUGE orders to buy and support by the whales. Here i can set short sl with the best RR
🔥 bullish BTC help GMT to reach it`s target
🚩 All alts follow the BTC, so bullish BTC is what probably all altcoiners and traders wait for.
📊The targets:
1. $1.125 - the key level
2. $1.32-1.44 - the value area
💻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.
Let's see if the whales will support Ethereum price🔥DOM and Footprint are the tools which i use to identify the BIG orders from which the price can bounce. I marked 2 vallue areas on the chart which can become the support for the price and the whales orders expected:
1. $1700-1800 - now the ETH inside this value area. If whales orders apear i`ll open trade with the short sl
2. $1450-1570 - closest and the last support before the local lows at $930.
The previous scenario is still relevant but pay your attenion to stock market indexes. If they will start to fall, the crypto will follow them too. In this case $1450-1570 value area can become the strong support.
📊 Preconditions to open a longs from the support areas:
🔥 BIG whales orders at DOM and Footprint
🔥 the volume growth which confirm the whales purchases
🔥 squeeze to the trendline what mean the upcoming breakout of this trendline
🔥 bullish BTC help ETH to reach all the targets
📊 The targets:
1. $2000 - the key level which become the huge resistance
2. $2350-2500 - the closest value area
3. $3000 - the important key level
🚩What do you think about this target for ETH? Is it possible to ETH reach all this targets in 1-4 weeks?
💻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.
GMT in ABC correction upside - C is comingGMT in ABC correction upside - C is coming
Triangle (ABCDE) in wave B has formed and GMT has potential to go in Impulse in C wave (in 1-5 the same as impulse in wave A)
Invalidation point is breakdown below wave C in ABCDE of B (marked on chart)
No idea what StepN is about to offer to come up with all negative comments around the project and constant rules changes of this move-to-earn game.
Probably they will use 122mln profits from the first 6 month of the game performance to pump GMT, because soon developers token coins unlock is coming and price should be higher as much as possible.
🔥Undervalued altcoin: when will ADA start to grow?Hi friends! Ada is still consolidating at the bottom despite the fact that most of the other altcoins are already pumped. As i said in previous ideas, it`s undervalued altcoin and have a great potential in 2-4 weeks. Don`t miss the pump.
Cardano create a base pattern at the bottom. If you dont know what is it and how it use, check this educational idea.
Now i want to see the fall to the support $0.49-0.52 area and pullback after the liquidity collection.
📊 Preconditions to open a long:
🔥 return to the $0.49-0.52 value area and liquidity collection
🔥 volume growth which also confirms the big players pressence
🔥 huge limit orders on the DOM and Footprint indicators. It will help to identify the largest whales support levels and open a trade with short sl and besr rr at the bottom
🔥 squeeze to the local trendline
🔥bullish BTC sentiment which help ADA reach it`s targets
If such scenaio confirms, i ll let you know. So stay tuned and subscribe!
🚩The targets:
1️⃣ $0.62-0.65
2️⃣ $0.77-0.79
💻Friends, press the "boost"🚀 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.
What is liquidity gap? Why there is always pump?🚀 When the bull market start with a good news? It`s always bad news at the beginning of the uptrend: in 2015, 2019, 2020. Always the same situation. And now we a here in 2022 and bad news at the bottom of the market. Push 🚀 if it looks similar to other cycles.
In this idea i explain you what is liquidity gap and global situation on BTC. You can identify it using the Volume Profile which is default tool at TradingView.
📊Liquidity gap is an area where the price not stay for the long time and don`t create any levels or order flows. So as you understand there are areas without any liquidity where the traders can set a sl or tp. We can compare it with empty space where is no life or it`s really rare thing.
The price break this areas so easy because there are no liquidity and the price:
🔥 have no support if it falls (as it was when BTC fall in a week from $29k to 17k few month ago)
🔥 have no resistance if it growth (as it was at any bull market when the price nreak the ATH and scyrocketing)
Now the price of BTC consolidating below such liquidity gap of $24500-29500 and going to break it up after some accumulation. As a rule, the liquidity gap breaking with a pumps because nothing stop them inside this gaps.
The top of this gap is a bottom of a huge consolidation channel $29500-69000, so the price can make a pullback after $29500 test. In final, price break this level and continue it`s growth to the previous ATH.
Thanks in large part to consolidation at the bottom, where the bulls were able to accumulate enough Bitcoins and are ready to sell them higher and higher. Consolidation is always good for the bulls especially for the biggest one 🐳
📊Why are these white circles marked? It's a bonus for my subscribers. Remember that before the very PUMP you will think everything will fall to zero, and many analysts on the trading view will say that the price has created a bear flag or a wedge etc. At that point, you may be disappointed and afraid to open a trade or sell all your crypto, but that will only be an emotion you should not succumb to. Only if your strategy says so. Keep these words in mind.
🔥 I will open a trade if I will see the large whales orders on DOM and Footprint. These are usually the most profitable trades with a short stop loss and excellent risk to reward.
💻Friends, press the "boost"🚀 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.
What is an altseason❓What altcoins to BUY❓Altseason is a time when you can increase your deposit by several times in just a couple of weeks. But how to identify why and when the altseason starts, what is domination and what altcoins to buy? We will talk about that in this educational idea.
📊 What is an altseason?
Altseason is a period in the cryptocurrency market when altcoins grow by 50-100% or more in a few weeks.
📊 When does the altseason start?
Typically, the altseason happens when Bitcoin:
🔥 is in consolidation, i.e. trades in the same price range for a long time or 1-1,5 month after it
🔥 renewed it`s ATH ($20k in 2017, $69k in 2021, etc.)
🔥 starts it`s correction close to ATH or when BTC has already reached its new all-time highs before bear market
🚩 In this example I have compared Bitcoin and Ethereum. Ethereum is the largest and most famous altcoin. If you want to understand what will happen with altcoins, look at Ethereum.
On the chart you can see the altseasons and how much more percent Ethereum is growing than Bitcoin:
1️⃣ BTC +32% vs ETH +136%
2️⃣ BTC +40% vs ETH +70%
3️⃣ BTC -15% vs ETH +170% for the same period
🚩 There are the altseasons.
📊 Why should you pay attention to Bitcoin and Ethereum?
99% of altcoins follow Bitcoin. When Bitcoin is in a bear market, all altcoins fall except the popular ones at the time. For example, like GMT in its day.
When Bitcoin is rising, all altcoins are rising. When Ethereum rises in pair with Bitcoin (ETH/BTC), all other altcoins rise. This is especially common when Bitcoin begins its first correction after reaching its all-time highs and a bear market begins.
📊 Why does an altseason happen?
The main reason for an altseason is the outflow of money from Bitcoin and its flow into altcoins.
The second reason is the desire to make as much money as possible. Especially this huge desire has retail traders and newcomers who have just come on the highs of the crypto market. They sell their Bitcoins and use the money to buy altcoins, which grow by 100% or more in a few weeks.
🚩 Of course, Bitcoin has a much larger capitalisation and cannot grow that fast, but altcoins with a capitalisation of up to 1 billion grow very quickly.
✅ As a consequence, Bitcoin's Domination falls. Dominance is a measure that shows the ratio of the worth of all Bitcoins to the total worth of the crypto market (the capitalisation of the entire crypto market). If Bitcoin Dominance is 40%, it means that 60% of the remaining money is in altcoins. A rise in Dominance to 50% means that Bitcoin has equalised in value to all other altcoins combined.
Many people think that Domination helps determine the altcoin season, but this index only shows the fact✅of the flow and predicting that money from Bitcoin will start flowing into altcoins at a certain point using Domination is quite difficult.
📊 What altcoins to buy before the alt season has started?
Friends, how to predict that AXS will grow by 130x or meme lord Elon Musk will start pamping exactly meme coins? It's almost like a lottery, that's why I recommend you to choose altcoins from different categories and buy them in equal parts: DeFi, Game-Fi, Exchange and wallet tokens etc.
Equal capital allocation will ensure that you don't miss out on any kind of altcoin growth. From practice, this is the most correct way. And what ways to buy altcoins do you know? Share in the comments.
🔥 Most likely, the next BIG altseason will start after Bitcoin renews its all-time highs. In the current market situation, that could happen within 6-12 months.
Traders, was this article about the altseason useful to you? Write your opinion 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.
GMT - Awesome coin for spot, very bullish📈🔥GMT is sexy because:
⭐️ Market is bullish
⭐️ Accumulation is 77 days
⭐️ We are in the end of formation
⭐️ We trapped a lot of bears
⭐️ Had false breakout
⭐️ Formed local level
⭐️ Over VWAP
I already bought this coin on spot and expecting nice profit from it. Also, I will try to enter with small stoploss on futures when we will be near the trendline.
Remember to fix profit by parts!
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 😊
Ascending Triangle pattern on GMT/USDTHello guys, Today i saw a bullish Ascending triangle on STEPN and i thought it will be a good long setup.
first position is when the price hits trend line and goes to resistance area , open your long position between 0.9400 and 0.9600(you can open short position now from 0.9787 to trend line).
wait until the price hitting the Resistance area and close your position safely.
second position is after break out , open your short position at 1.0000 and close it after hitting the Support zone.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.