GMTUSDT_F4FB46 trade ideas
$GMT Double bottom DeviationGMT looks like it could be putting in a major bottom here. On lower time frames theres a bullish dragon double bottoming under the range, which id expect to be a deviation.
Bulls need to recapture the range, and retest it as support and id begin to look for a major reversal here.
Above there id look for a break of .29 with potential for an extension to .47. The measured move would take you up into the supply zone around 60 cents.
Watch the levels, and critical retests, those will be the levels to lean on, only after a confirmation of that bias has been confirmed
GMT/USDT In the crucial zone, Need to break or Down is coming!💎 GMT has certainly piqued our interest. Currently, GMT is navigating within a descending channel pattern. Historically, GMT has shown a strong rebound upon touching the support trendline of this channel. It then surged upwards, only to face a stern rejection at the resistance level.
💎 Presently, GMT is making another attempt to surpass this local resistance. For potential buyers, it's prudent to await a confirmed breakout above this resistance to avoid potential false breakout.
💎 If GMT successfully breaches this resistance, it could pave the way for an upward trajectory towards the $0.1650 resistance mark. This particular zone is pivotal for GMT; a breakout here could signal a bullish momentum, propelling GMT towards the supply zone.
💎 On the downside, if GMT struggles to break the resistance and faces another rejection, it might retrace back to its key support level.
GMT On Fire: Don't Miss Out on This Buy Trade!"**Short Fondamental**
GMT is the governance token of STEPN, a move-to-earn mobile app that rewards users for walking, running, and jogging. Users can earn GST (Green Satoshi Token), which can be used to purchase in-game items or converted to fiat currency. GMT can be used to stake on the STEPN network, which gives holders voting rights and access to exclusive rewards.
**Recent News**
* On October 19, 2023, STEPN announced that it would be launching a new feature called "GMT Minting." This feature will allow users to mint GMT by staking their GST. The minting rate will be adjusted based on the supply and demand of GMT.
* On October 23, 2023, STEPN announced that it would be partnering with Binance to launch a new GMT trading pair. This will make it easier for users to buy and sell GMT.
**Disclaimer**
This is not financial advice. Please do your own research before investing in any cryptocurrency.
GMTUSDTHello snipers, nothing is impossible. In a one-day period, the price has approached the long-term downward trend line, in case of a breakout, it can create a buying position. It seems that a descending triangle pattern is also forming, which is a continuing pattern in the downward trend. If the support line breaks, we see the price falling to low supports. But according to rsi, the probability of breaking from above is higher. So, lie in wait and be ready to shoot. Maybe it will make a good deal. . All analyzes are only possibilities.
GMT/USDT 1 DAY TF Analysis: Bullish Momentum BuildsBINANCE:GMTUSDT
GMT/USDT Technical Analysis: Bullish Momentum Builds
GMT/USDT has been in a strong uptrend since early October 2023, with the price increasing by over 8% in this month.
Bullish Divergence
The RSI indicator is showing bullish divergence, which is a confirmation that the price is likely to move in an upward direction in the coming days.
Support
GMT/USDT has created a strong support level at the current price level. This is because the price has been trading above this level for the past 6 days. This suggests that there is strong buying pressure at this level, and that the price is unlikely to fall below this level in the near future.
Outlook
The outlook for GMT/USDT is bullish in the short to medium term. The uptrend is likely to continue, and the price could reach new highs in the coming weeks. However, it is important to note that the market is volatile, and there is always the possibility of a correction.
Traders may want to consider going long on GMT/USDT with a stop loss below the recent swing low.
Risk Management
It is important to note that all investments carry risk, and there is no guarantee of profit. It is important to do your own research before making any investment decisions, and to risk only what you can afford to lose.
Bullish on $GMT high probability setup 19R setupWe are below 6month low hence bulls are watchin.
We are at all time low.
There is obvious SSL at 87%FIb on 6month previous month wick ONLY
We have 3 month candle opening in a few hours.
We are at O.T.E and have made a confirmation pump and we hit 62% fin on the RIGHT HAND SIDE this is very powerful.
weekly bullish
daily bullish
(PLEASE ZOOM IN FOR DETAILS)
70% DUMP incoming - Great Opportunitytake a look at solona axie infinity Avax CTSI Sandbox
show me one coin didnt retrace the first wave at least to 0.618 or 0.786 FIB
so GMT got amazing and bright future
what we need?
we need to find a great entry for the wave 3
so keep ur cash till then
WEOOOO is here
remember I am bankrupted and I cant buy it as always
you guys enjoy the gains!!!!!
GMTUSDT, long to nearest resistence (0.1609) and upperHi, friends. For a first sorry for my english i dont speak a long time )
On gmtusdt we saw big volume of a bulls closing and price going down. But under 0.1544 there is no market activity. I mean nobody want to continue sell process. Bears closing and we slowly going upper to 0.1609, 0.1630 and maybe upper in a few days. But there is aslo a chance to flat around 0.1544.. we will see.
Looking to short a rallyGMT is a good example of zooming out, wishing you shorted weeks before.
But those rally’s would wipe out 99% of traders fomo leveraging.
There is no fundamental’s for GMT, sky rocket rips should offer opportunities to short in cascading liquidations.
Pay attention to how all sideways action followed by a dump always retested volume profile before continuing down trend.