GMT correction fundamentally and technically ❌🧨Based on the chart, the price loses the support area and the vital round number of $1 besides we have fundamental sign for the project ✔️
we
expect to see more correction from here or from our upper resistances located on the chart ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
GMTUSDT
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
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
GMT IS AT AN IMPORTANT LEVEL, WHAT NEXTGMT is currently kissing a resistance trendline.
There are 2 possibilities from here.
1. Break above the TL and start running to the NORTH.
2. The TL will act as resistance and drive it to the SOUTH.
Caution is a virtue trading the market this period.
PLEASE,
Kindly like, comment, FOLLow and share your thoughts
BNBUSDT biasWe are still in a bear market sadly but we may be up for a short buy(long term) before continuing the sell. Hopefully we get a divergence soon. We may sell for a quick profit if we see a ichimoku cloud breakout in the m15 time frame down to 286.30 or 278. If we don't get a break out we will find a buy set up. Still BEARISH OVERALL .
STEPN GMT/USDT Path Towards $1 Activated!STEPN (GMT) price appears to have chosen the next price movement which is woefully pretty negative. The market sentiments are not in favour of any upward trajectory. Therefore, more blood bath may be expected in the upcoming couple of days.
Considering the GMT price, the price could soon break out of the symmetric consolidation and tank down squeezing another 25% in the upcoming days. The market again fell into bearish well fuelled by Bitcoin prices tanking below $30,000. Therefore, no prominent possibilities a rebound may be expected for the GMT price as the volume has depleted.
Therefore, possibilities of GMT price dropping below $1 support zone emerges.
GMTUSDT Short ScenarioMarket overall formed a downtrend, and on a 1h timeframe we can see a correction upwards, but recently market broke its higher lows sequence, went above the point of structure break, we are waiting for market to fall down to 1.44 zone which is where it broke a structure and we forecast it will continue falling down.
Entry: 1.44 (Or now for better R/R but more risk)
Invalidation: 1.65535
Target: 0.92347
✅Is GMT ready to PUMP? Long after the false breakout! 📈Stepn (GMT) is now in a triangle and according to technical analysis should break up. But will it really do that? In this idea I will explain to you where you can open a long with the highest probability of success.
✅Why is a long more possible? After bouncing back from the bottom by 100%, retail traders have started to accumulate altcoin in a triangle. On a local manipulation and a break down, a large number of GMT will sell off and a big player will accumulate enough position for a Long. Do you want to be like a big player?
🎯The targets:
1. $1.86-2 - value area, round number
2. $2.61-2.8 - value area
📊What do you need to pay attention to?
🔶The volume indicator will help you understand if a big player bought on this manipulation. The volumes should increase!
🔶Keep an eye on Bitcoin. Altcoins very often repeat its movements, so if there will be such a manipulation on Bitcoin, then also on GMT.
💻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 ShortThis is not a financial advice-
please do your own research -
As you can see we are in downtrend at least till end of this month and we will see lower price coming in days , GMT is a good investment for long term and our target in a year would be $14-$20 ,
if you are agree or not please leave your comments and don’t forget to like and share .