GMTUSDTPERP
GMT USDT LONG & to the Moon GMT long idea - TP 0.5 - 0.54 - 0.58 and to the Moon ! In case the Bitcoin bull run continues. I have the position already open.
And don't forget to book your profits on the way!
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Will the STEPN GMT sneaker return "back in fashion" ?Given the fact that the STEPN GMT project is very closely related to SOLANA, it is difficult to expect a rapid growth of the GMTUSDT price, as it was during the launch of the project...
SOLUSDT price has broken through the liquidity zone and is heading further down
Also, re-read the idea of how much SOLANA is related to the bankrupt FTX and how much more SOL can be thrown on the market for sale during the bankruptcy and liquidation process of FTX and Alameda Research.
Therefore, to buy GMT now you need to be a real adventurer (even considering that the GMTUSDT price is near the liquidity level of $0.23-0.25). Or if you have "inside info" that the STEPN project will move, for example, to a new blockchain or something like that.
Please share in the comments what you think can save the STEPN project and with it the GMT token price.
To summarizing:
- Below $0.23, there are no strong obstacles to depreciating another two times GMT price, so to speak, to return to the start of the pump in the region of $0.10-0.12.
- In case of "some miracle", with which the STEPN project will "come to life", the first target for growth is $0.58. And the super positive target for the growth of the GMTUSDT price is $1.12, and it is very hard to believe in this in the context of the next few months. Just look at the chart, how GMT was sold at this level before and the price did not go higher.
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STEPN GMT price it's time for growth ?Looking at the trading volumes, it seems that everyone trades only BTCUSDT, or everyone is interested in what is happening with the Bitcoin price
Well, here are our thoughts:
But capital is gradually flowing into altcoins, which in turn are also drawing global reversal patterns.
The GMTUSDT price is now in the liquidity zone of accumulation of positions.
A reversal double bottom is likely to form.
The minimum goal of working out this pattern in the area of $2.4. And this is not a little, not a lot x3.5-4 from the current purchase zone $0.56-0.80.
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GMTUSDT Long IdeaGMTUSDT is a hidden gem waiting for a nice move and explode to all time highers. I expect it to reach its target withing the given timeframe. It wont be longer until we reach that timeframe.
My setup for this is :
: 0.51 - 0.60
TARGETS
Short Term: 0.64 , 0.70 , 0.73 , 0.76
Long Term: 1.05 - 1.30 - 1.60 - 1.95 - 2.30 - 2.66
STOP LOSS: 0.46
Please be aware with your money, its not a financial advise but rather a signal.
GMT possible bullish scenario📈BINANCE:GMTUSDTPERP
GMTUSDT has been trading in a an ascending triangle pattern for some time now, showing good resistance on at the 1.0564-1.0275 price mark and has now formed a reliable support on the marked 0.8351-0.8253 zone. Hoping to see a mild bullish turnover here, trade with caution😬❗.
GMTUSDT Potential PositionAs observed on the chart, GMTUSDT on the hourly timeframe has a bullish RSI divergence and it is simultaneously showing weakness in its bearish trend. Its price is highly likely to move up until its CHOCH zone.
Once price taps this zone it would probably continue its bearish trend and give us an entry for a short position. However if the CHOCH zone is broken, price could reverse its trend and continue the bullish movement.
GMTUSDT 12H The main thing is to sell Stepn GMT on timeToday we will consider the GMTUSDT trading pair
We will say right away that we did not take actions in the euphoria of buying sneakers, so our thoughts below will be as neutral as possible.
We are used to making money on short-, medium- and long-term trading speculations, based on what we see on the graph and without reference to the marketing of the crypto project.
At least the first wave of hype surrounding the release of sneakers has ended, and now the GMTUSD price chart is undergoing a correction with hints of an upward reversal.
Another pamp STEPN token is completely possible , because currently only 10% of the planned volume is circulating on the market.
As cruel as it may sound, in order to sell off the remaining planned huge amount of GMT to the "crypto people" - you need to organize growth and large trade volumes, but this is a long and expensive process...
For the coming month, we consider one of two scenarios to be the most realistic for GMTUSDT price:
1) Growth from the current price of $0.84 to the liquidity zone of $1.58-1.73
2) continuation of the correction to $0.7, from where the growth in the liquidity zone $1.58-1.73
In the liquidity zone $1.58-1.73, we would advise selling off at least part of the GMT and free up capital for reinvestment in other assets.
As can be seen from the trading history of the GMTUSDT pair, during the fall in May 2022, sellers actively sold out twice in this zone. Therefore, for the next month, it is not believed that buyers will be able to pass this zone up the first time.
And you can also place a pending order to buy GMT at $0.42 in case of a super-strong downpour of the crypto market.
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