GMTUSDT_F4FB46 trade ideas
GMT/USDT needs to breakdown for nextHey people,
Let's take a quick look at GMT coin here. Well we see that price is in between EMA200 and EMA100. Currently price has secured the middle line of BB indicator which is good for bears so now all we need is EMA100 zone. What do you think about GMT guys?
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Swallow Team ๐ฑ
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
GMT forming H&S ๐ค๐๐ค๐๐คHi dear traders
GMT forming H&S pattern. If neckline breakout correctly then pattern confirmed.
For entery wait โfor breakout completed.
If pattern confirmed price can rise to near resistance area 0.4152$.
Otherwise price fall to support area.
Wait for confirmation.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
GMTUSDT new traget in sight#GMTUSDT is in the squeeze area again..
the triangle showing an uptrend and could see a breakout of the triangle to the 0.4 this MONDAY at 02:00am (ASIA).
if this breakout is strong enough, next traget is 0.45 maximum on Thursday in the early hours of the ASIAN session
#stay_safe
GMT/USDT at the end of formationHey people,
Let's take a quick look at GMT coin here. From last time we took a look at this coin we has a nice major drop which made us a nice profits. Well now after that drop we have been in this correctional phase for some time and we see a good possibility for another drop.
But before we go into a trade we need a confirmation of breaking EMA100 and EMA200 zones (Where EMA200 is already secured). What do you think guys? seems pressure from triangle formation might result a drop but currently EMA100 is holding a price.
We would stop this trade if we get two 2hr candle above red zone
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team ๐ฑ
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
GMTUSD passed the squeeze test , and should go up now#GMTUSDT
the pair passed the "squeez triangle" test upward on Wednesday...the price didn't rush up but it is moving up slowly.
it is expected to reach the 0.4 point in the opening ASIAN session this SATURDAY 03/12/2022 (arround 2-6 am).
also we can see it crossing to 0.42...but this is a RESISTANCE area (the light red area)...f it breaches it, we can go for long uptrend ride
#stay_safe
Triangle. Breakout of the resistanceThe instrument is inside the local triangle. There was a fake breakout of the resistance and sellers took the advantage. Points of control resist buyers while delta has changed into stable red. Open short during the execution of the pointed limit order. Target - 0.375
GMT Cup โ& Handel ๐ ๐๐๐๐Hi dear traders
As you saw in previous, we take profit ๐ full target โ
.
GMT forming Cup ๐ฅคand Handel pattern.
For entery wait โuntil breakout trend line or EMA100.
Entery point and targets specified.
If pattern confirmed price can rise to near resistance area in 4H time frame โฐ.
Let's see what happens
This not financial advice ( DYOR )
Good luck.
๐ฅFORGOTTEN GAINER: STEPN (GMT) IS ON THE WAY TO NEW HIGHS?๐ฅ Hi friends! The media activity around Stepn a fall to it's yearly lows, so this is a time fot traders to pay attention to it. The retailers are already wiped out on this 46% dump as the overleveraged traders.
๐ฉ Aditionally, we see how the GMT price move during the double bottom pattern. This pattern calls the swing failure pattern cause the price can't fall/grow after the reaching swing low/high.
GMT already make it 3 times and now we see the 4th. All the targets for GMT will be reached, If BTC make a pullback to $19k. I think that is more than possible.
๐ TRADING PLAN:
๐ฅ long traders liquidation which happen not so far. We can see it on the growing volume bars. Also the short traders who open a trade on this dump will be forced to close their trades in loss. Such activity will push the price higher and higher
๐ฅ squeeze to the trendline before the breakout
๐ฅ bullish BTC is a must have for altcoin growth
๐ฉ The main task of traders is to understand the mood of the whales in different situations. I use DOM and Footprint scalping tools to idenify the big players. I see when they sold during the pump and buy during such "avalanches" like that. So it's very usefull tools.
โ
TARGETS:
1. $0.43 - the closest key level
2. $0.57-0.66 - the closest value area and strog resistance
3. $0.92-1.1 - the important value are and even number of $1, which is huge technical resistance
๐ฉ I recommend you to book at least 70-80% of profit at the 2nd target.
Traders, what is your targets for GMT? Write in the comments
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
GMT Ascending Wedge ๐คโ๐คโ๐คHi dear traders
GMT forming Ascending Wedge. If pattern confirmed then price fall to support area.
I expect price bounced from resistance area 4322$.
For entery wait โto confirm pattern.
All targets specified.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
The scenario is negative! breakdown of the support levelCandles close with large shadows. Local highs are decreasing. The scenario is negative. There is an oblique level in support that has been approached several times. Now we are trading in an interesting place based on the volume. I expect a rebound from the round number - $ 0.4, a breakdown of the support level and a movement to $ 0.389
Symmetrical Triangleokay guys I've ghat this one symmetrical triangle chart pattern drawing up on GMT, with respect to bitcoin other ALT coins will react accordingly. keep this one on your red flag list. we wait for a breakout and a possible retest but then make due and get your ARSENALS READY for this
GMT SCALPING DOWNTRENDThere seems to be a downtrend on GMT 15 Minute timeframe after the contraction and expansion phases. As long as the trend is respected you could probably make some decent profits.
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Contraction Plotter Indicator:
www.tradingview.com