GMTUSDT trade ideas
Advantages of using Supply and Demand zones as a beginnerWhen starting you trading journey- One mistake beginners make is relying 100% on Resistance and support (TrendLine). TBH this exposes you to higher risk on incoming manipultions.
IMO i think you should only depend on lines if you've mastered the art of trading liquidity.
On this video i've explained how to draw supply and demand zones. How to draw supply and demand zones
GMT new update !GMT / USDT
I posted 2 bullish ideas regarding this currency
From 2nd idea : +33% profits
From 1st idea : +60% profits
Now price made a 20% comeback which is significant and retesting the weekly demand in confluence with breakout pattern
The blue zone is very interesting.. if price able to hold it, I will expect making new local high
Lose support zone and i will turn bear for it maybe for couples of weeks
Best of wishes
The GMT trend will soon be bearishOn the daily time frame we are in a large diametric.
The F branch of this diametric appears to be a symmetrical pattern. We are in the final symmetrical branch, i.e. branch i.
A slightly higher GMT uptrend could end and the GMT trend could turn bearish We expect such fluctuations from GMT.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
GMT is preparing for another bullish waveGMT / USDT
This currency is gaining +27% profits since my last bullish idea about GMT you can see it in my attachments below
Currently price is accumulating in very narrowing range , seeing the price action and the whole market picture in background we have a high chance for breakout soon
If breakout confirmed itโs likely to pump hard
Pay attention to it
GMT Buy Trade Blueprint: Seizing the Moment for Maximum GainsWelcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
GMT continue uptrendThere is an increase in volume and open interest before the hourly and daily high of 0.2750. At the spot level, there are 1.3 million coins in short. After trading before the level, I expect a breakdown and movement to the next daily hays of 0.2950 and 0.3193.
The transaction can be both scalping and positional.
GMT/USDT Long: Seizing the Bullish Momentum! ๐๐นCertainly, here's a message for TradingView with emojis and the name "bitxer":
๐ Bitxer's Trade Alert ๐
Symbol: GMT/USDT
Position: Long
๐ฏ Targets:
1. 0.2063
2. 0.2246 (Best Entry Point ๐)
3. 0.2349
๐ก๏ธ Stoploss: 0.1967
๐ Analysis:
GMT is currently in its demand supply zone and appears poised for a bullish run. The best entry point is at 0.2246. However, please exercise caution and consider your risk management strategy and account wallet size. You may choose to allocate 30% to 40% of your capital for this trade.
Remember, only invest what you can afford to lose, and keep a close eye on the market for any developments. Happy trading, Bitxer! ๐๐ฐ๐
GMT/USDT Upward Momentum??? STEPN Analysis Today๐ GMT has undeniably made a mark in the market's radar. Its recent trajectory showcases a triumphant breakout from the Descending channel, further solidified by a subsequent and valid retesting phase.
๐ Observing its chart, one can note that post its retest on the resistance trendline of the descending channel, GMT experienced a sharp upward surge, effortlessly breaching the supply threshold. However, its journey doesn't seem to halt there. While GMT has yet to undergo a retest after surpassing the supply zone, an optimal trajectory would see it first revisiting the demand zone between $0.1760 - $0.1695 before setting its sights on the next strong resistance target at $0.2090.
๐ Should GMT bypass this retesting step and directly vault over the $0.2090 resistance mark, it could be poised for a more extensive bullish run, Probability targeting the major supply zone and the bearish OB.
๐ On the flip side, markets are unpredictable. A less favorable turn of events might see GMT retracing its steps to the demand zone. If, during this phase, GMT falters and fails to uphold its position above the demand, it could signal a bearish shift. This downturn might see GMT descending further, potentially seeking refuge at a more foundational support level, underscoring the delicate interplay between bullish aspirations and bearish realities in the crypto landscape.