GMT REVERSALIn one hand on the 15 minutes chart the price is forming lower lows. On the other hand the RSI indicator is forming higher lows.
we might see a little bounce in the price of GMT.
NB: If the rsi broke the support line and is no longer forming higher lows than this divergence will be invalid
GMTUSDT trade ideas
STEPN rose up for 115% and after pullback can give another 70% Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.
When bitcoin making pullback from 25000 to above 30k STEPN give more than 2x profit.
I think after such big upward impulse price need some correction
And correction in zone 1.3-1.2 dollars can be good starting point for the next movement.
For a start I expect movement to resistance level around 2-2.05 dollars.
I don't think that price can break this resistance from first time but lets see.
And this movement also can give around 60-80% profit if to open position in local support zone.
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
gmt going to stabilize in its maybe fair price.gmt is going to enter a falling wedge after which i see it stabilizing pretty well if all this doesn't evaporate along wiht the global economy, as it seems to be happening. me personally im withdrawing all my assets to buy rice an macarroni and a land far far from this society
My analysis On GMT/USDT
- Elliott wave in 15m
- Rising Wedge
- An Doji Appear on 15m/4h
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GMT brief correction ❌🧨Based on the chart, the price lost the previous supports and became close to channel support and lower support areas ✔️
and
we expect to see brief correction at least to our channel support ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
GMT - Scalping short ideaWe can take short since coin made false breakout and it's logical to expect continuation of the movement. Be aware about btc strip.
⭐️ BTC bearish
⭐️ Trend is bearish
⭐️ Volume at top
⭐️ 3rd touch
⭐️ Base is ready
⭐️ 105 ATR
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
3% - 1/3
6% - 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📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
GMTUSDT - 1Dsee and watch :)
The $ 2 to $ 2.20 range is a good support range and if this range is broken it will be very bad and we will most likely see a heavy dump that will lower the price to the range of 70 to 80 cents ... If this is supported Range We will probably see an upward movement up to the range of $ 3 ...
GMTUSDT potential for a drop! | 9th May 2022On the H4, with price expected to reverse off the ichimoku cloud resistance, we have a bearish bias that price will drop from our 1st resistance at 2.77392 where the horizontal swing high resistance and 23.6% Fibonacci retracement is to our 1st support at 2.24956 in line with the 161.8% Fibonacci extension . Alternatively, price may break 1st resistance structure and head for 2nd resistance at 3.05192 where the 38.2% Fibonacci retracement and horizontal pullback resistance is.
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