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GMT / TETHER USD on BSC (0xf4Fb46968B961AC458f0eC312b7cB8e56cBF2A9B)

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GMTUSDT_F4FB46 trade ideas

GMTUSDT is testing the key level!GMTUSDT is currently testing resistance after a clear breakout from the 4-hour resistance level. The price action suggests that the pair may need to create another breakout from the 0.4 area, where the market has a key level, in order to potentially trigger a new long opportunity for traders. According to Plancton's Rules, if the price of GMTUSDT does manage to break out from the 0.4 area and continue its upward trend, this could indicate a potential new long opportunity for traders. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
GMTUSDT possible breakout to the previous zone with further moveOn the 15-minute timeframe, the instrument shows a halt in the downward local trend, with high volumes at the lows indicating buyer interest. An attempt to set a new low was unsuccessful as the price returned to the old range, gathering liquidity at the previous lows, resulting in multiple touches on the long breakout. The price is now trading below it, creating an entry opportunity for a long position. We expect an impulse breakout by triggering stop orders above the highs to remove the liquidity
Long
by PavlOK
GMT LONG IDEAGMT has been setting up a falling wedge throughout its recent correction. Zoom in. 4h TF seems to be setting up double bottom, looking for the low set at 0.3517 to be wiped and a new low set in the 6H OB within the Support. This should confirm the double bottom. CHOCH of character to confirm Bullishness will be at 0.4. In the event the low does not get swept, can expect a positive reaction slightly above around 0.3654 -0.3520. Targetting 1W fvg at 0.85 and 1D OB in the resistance around $1. Trade with caution! Good Luck
Long
by EOW-TRADES
6
GMT/USDT Looking Into Potential ShortHey, traders ✌️ Let's take a look at GMT coin here. We see a good potential for this coin to show some bearish movement after it got rejected from 100 EMA zone. Will be looking for a nice 20-30% drop here in upcoming month - so keep an eye on this one! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
14
GMTUSDT: DOUBLE BOTTOM INSIDE A WEDGEThis asset has formed a 4H time frame double bottom inside a Daily time frame descending wedge. There are multiple resistance that must be overcome for any possibility of considerable bullish continuation: The neckline of the double bottom, the resistance of the wedge, the 100 day moving average and a daily horizontal resistance. A buy may only be considered safe after beating all these hurdles. If the price succumb to these resistances, it might tumble by about 20% to around 31 cent.
Long
by Babsphoenix
4
GMTUSDT is testing the key level!GMTUSDT is characterized by a double top formation on the 0.42$ area, which resulted in a false breakout. Currently, the market is testing the 0.5 Fibonacci level, which has now become a new resistance level . Additionally, there is a 4-hour support level at the 0.36$ area that the price is testing. If the price fails to hold the current support level and begins to move downward, it could potentially grab new liquidity from the original demand zone on the 0.31$ area. According to Plancton's Academy Rules, this could signal a new short position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
9