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GMTUSDT trade ideas

Will we see GMT pump after yesterday China's STEPN dump - YES !Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start. Today I want talk with you about GMT chart. I know some if you heard about stepn, some use it to make money and some think that this is scam and soon all will lose money. I think that stepn is not a scam, but yesterday we saw that stepn will no more work in China after 15 July and flow dropped very hard. But I want to write few words by technical picture. I think now price trades in accumulation in range 1.70-0.80 USD. As you can see on a history chart 2 previous times after accumulation we saw huge upward impulse. I think this time price can do the same and I can indicate 3 main targets. Target 1 is 2.05 USD Target 2 is 3.05 USD Target 3 is 4.05 USD So, I'm waiting for this scenario. This is my opinion, I really hope this will be useful for you. Be ready and take care your money. Have a great profit !
Long
by YMGroup
55
GMTUSDT Wyckoff Theory 👀👀?This is my first post 😅 and I did post the same chart but I think it's been removed So GMTUSDT is showing a movement I just spotted on the 4h candle ! Let's hope it follows this. GMT has shown great price action, but lately it fell slightly. It's creating a chart similar to the Wyckoff Theory, if you compare my GMTUSDT chart I've shared with you and compare with the Wyckoff Theory, if you Google the theory they look very similar and I hope it follows this theory and if it does we can go higher then $4 in the next few weeks and months! 👀🤞🏼🤞🏼 Please feel free if you want to withdraw what you invested and let the rest run or take out what you happy with or hold long term, please make this decision yourself and I am just a guide and educational purposes 😃👍🏼
Long
by ONE-X_
6
GMT BREAKOUT WITH RISING OPEN INTERESTJust a quick idea of the kind of trades I like to take. I have a strategy system implemented in python that basically what it does is scanning the market to look for the following (example using Binance Futures): 1- Price moves in a tight range for some time (hours) with rising open interest and low volume. 2- Then, the price breakouts (up or down) with increasing open interest and abnormal volume. We want to see the price breaking out with conviction, and to spend time outside of the consolidation range (it can be from 5 hours to several days) 3- Then, we can now presume that the majority of the long positions that have entered in the range are potential trapped longs and the shorts where right. The majority of the shorts that have entered in that range will also defend their position and longs might close in BE if the price returns to that zone. So we know take an step forward and put our limit buy/sell order (limit sell if the breakout was to the down and limit buy if the breakout was upside move). We want to enter in the direction of the trend. We are not guaranteed the trade will take place, of course. But we have the probabilities to win in our favor. If the price for some reason returns back to the initial point where the first move took place most probably it will be hardly rejected again in the direction of the initial breakout. Important notes: - This kind of trade require to take at least a Risk Reward Ratio of 2, 2.5 or more. If your RRR is near 1 (risk 1 to won 1) the strategy is not as profitable. - Real breakouts takes time to form. So please, do not look for this in 5 minute time-frames. Please use at least 1H candles or more. - The open interest for each ticker can be also added to the same chart in a new price scale. If you are seeing the ticker 'BTCUSDTPERP' (Binance Futures) the open interest will be 'BTCUSDTPERP_OI'. If you liked it, please like and comment. Happy Trading! Rodrigo
Short
by rodrigo.aprieto
✅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.
by Yuriy_Bishko
4
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.
by cryptodailyuk
🔥 GMT Pump & Dump: Relief Rally Coming?GMT has been on a lot of inventors' minds during March and April, where it was one of the top gainers week by week on Binance. However, now that the market has turned sour yet again, it's becoming apparent that GMT was just a Pump & Dump. In my view, GMT has much more downside from here, think 50%. There's a lot of volatility for this token, so a relief rally will come at some point which will potentially cause a 100%-200% move. My bet is that we first have to fall all the way below $0.45 before something like that can happen. Keep an eye on this token in the coming days, something's coming!
by FieryTrading
10
GMT/USDT good opportunity to buy Hey Traders, Our attention caught GMT /USDT. For the last 2 weeks we have see that this coin has been going sideways so here are our 2 scenarios that we think might happen. Firstly - GMT will hold the support that drew and it will bounce to $2.08. Secondly - it will fall and try to test $0.85 support line from where we should have a strong bounce back up. We sow that $0.85 had a huge volume which brought the price back to $1.35 and we think that traders won't let the price fall back so easily again. Our buying zone is whole red zone and main target is $2 If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
10