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GMT / Tether USD on BSC (0xf4Fb46968B961AC458f0eC312b7cB8e56cBF2A9B)

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GMTUSDT_F4FB46 trade ideas

STEPN GMT - 77% crash is imminent! | Bearish channel The price action on the GMT token is terrible. Since the peak in April 2022, the bulls have disappeared and the price is going down pretty quickly! I expect a 77% crash in the immediate short term. If you like this coin, you can definitely buy it for a cheaper price in the future, but for now, I would stay away. As you can clearly see, we are trending in this massive descending parallel channel on the daily timeframe , and it's really possible that we are going to touch the channel at the downward trendline. According to my Elliott Wave analysis, we need to complete an ABC correction before the start of a new bull market. We started with a strong impulse wave in 2022, which gives us hope for much higher prices in the future. I think STEPN is a great brand, but as I said, we need more time to shake out hodlers first, so whales can buy it cheaper. This altcoin is very popular with retail investors and traders, which is a great sign for the future. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
43
Do you forget about GMT? It`s still in play🔥Hi friends! GMT is going to lost it`s popularity. The trading volues are falling but the whales continue to buy this altcoin as you can see on the traded volume. ✅ I don`t see the large suport for the GMT price, so we can try to open a short trades if BTC will start fall again. Low risk trade with high profit potential. Check the idea about BTC to use it in your altcoin trading! 📊 Although trading volumes are falling, GMT could show good growth if the next conditions happen: 🔥 fall to the local lows where the most of long traders sl will be activated 🔥 squeeze to the trendline 🔥 DOM and Footprint BUY orders wall by the whales 🔥 bullish BTC. I think if it reach the $17k, we will see the large bull pressure on and Footprint. It helps altcoins also make a pullback from it`s bottom. 🚩 The huge buy orders (order wall) on DOM and Footprint which confirms the pressence of big player. I prefer to open the trade in the same direction with the whales. 📊 The closest targets: 1. $0.7-0.76 - value area 2. $0.91-1.04 - value area 💻Friends, press the "boost"🚀 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.
by Yuriy_Bishko
GMT Ready for a breakouttwo possible scenarios I'm looking for GMT at the moment. first of all, GMT is on very strong support on HTF ( VAL, Weekly Level, 0.78 fibs). but the resistance 0.7 area is holding the price down and the price is making higher lows which could be a heads-up for break out. if you are a gambler you can take a long now and put your stop at the 0.63 lows. if you looking for confirmation wait for the breakout and long on the retest of 0.7 zone stop below the weekly level. one should be cautious about the Failed auction as the price might just take the highs and come back down. I prefer the break-out scenario but I wait for confirmation first. alarms set
Long
by Mushifar
GMTUSDT GARTLEY Gartley The Gartley Pattern is one of the most traded harmonic patterns and can be applied to many markets and timeframes. It is a 5-point retracement structure that was originally outlined by H.M. Gartley and detailed further by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.618 and the PRZ consists of 3 converging harmonic levels: 1) 0.786 retracement of the primary XA leg, 2) AB=CD pattern and 3) the BC projection is either 1.27 or 1.618. The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Gartley Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
by UnknownUnicorn38199698
2
GMT WAIT ✋ FOR BREAKOUT 😇☕😇☕😇Hi dear traders price is accumulating below the 0.8125$ area. The ascending trendline has been broken. Wait for the downtrend line to break to climb. Stop loss is important in this area, you can open a good long position with capital management. Stop loss and entry area and targets are specified. Note 📝 US Federal Reserve Chairman Jerome Powell is expected to give a speech at the Federal Reserve's Kansas City branch on Friday, in which he will hint at the country's central bank's opinion on how much interest rates will increase in the future. It is better to wait for the news and enter into any transaction after that. Let's see what happens This is not financial advice ( DYOR ) Good luck.
by Th57Trader
1