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GMT / TETHER USD on BSC (0XF4FB46968B961AC458F0EC312B7CB8E56CBF2A9B)

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GMTUSDT_F4FB46 trade ideas

GMT DailyHi all, With this idea you can see GMT is currently trading in a bilateral triangle position. This triangle indicates it could either go up or down. Of course we are hoping for a breakout from the triangle and up to the 1st target @ $1.06 level from a current buy position at $0.83. If we can hold above that level then we will want to push to the next major resistance at the 0.618 fib zone ($1.59) beyond that it is hard to gauge as this will all depend on how bitcoin trends. The other scenario that can occur is that it drops out of the triangle and dips down to the first major support line at $0.69. if it can't hold the support there then we will see it drop down to the next major support all the way down at $0.33, then a possible dip lower to $0.14. All 3 major support zones are great opportunities to buy and to build up the portfolio. If it goes up then I'd be looking to sell on the first 2 resistances with a small amount left over in case it goes higher. But with the current chance of a huge recession than I honestly don't believe this scenario will pan out. Make sure to put in stop losses to prevent losses & Happy trading!
by MikesCryptoTrading
GMT price break resistance line and ready grow above 2$ Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start. Today I want talk with you about Stepn SMT token chart. For now price break resistance line around 1$ and show good upward impulse around 10%. Also price already exited upward from accumulation zone and this is confirmation about reverse. Price already made around 100% profit from bottom. I think price can make another 90-140% upward movement to our targets. Resistance (sell) zone between two targets 2.05 and 2.65 USD. I dont think that price will go higher 2.65 without correction. So, I'm waiting for this scenario. This is my opinion, I really hope this will be useful for you. Be ready and take care your money. Have a great profit !
Long
by YMGroup
31
GMT - USDT Can Go HigherHi traders, as can be seen from the daily chart there are good bullish signals for this pair although overall the market still remains strongly bearish. First we see that the MA50 has been broken and the price right now uses it as a support. Second, there is a large bullish divergence in the RSI. In conclusion it is possible to see that after the first impulse from the 0.55 area, the price is now in a range that could with a good probability break up. Not a financial advice!
Long
by Acrome77
3
Rare pattern on GMT! Ready?🚀GMT is consolidating in triangle. Do you know how this pattern work in crypto? First of all the price make a false breakout of one side than return inside the triangle and start to move in opposite direction. 📊Keep in mind this pattern because it happen really often in crypto trading and can increase your profitability. Check the previous idea where the price move according to my scenario. Read the preconditions to understand why it happen. Now we can confirm✅ the purchases of GMT by the whales using volume indicator. The volumes always growth at the bottom and after the breakout of lower boundary indicator have to confirm it one more time. 🚩The value area of $0.77-0.85 should become the support for the GMT. 📊Preconditions to open a long: 🔥false breakout of the triangle 🔥volume growth at a local bottom 🔥squeeze to the top boundary 🔥bullish BTC help reach the targets faster The targets: 🔶 $1.10 - key level 🔶 $1.34-1.44 - value and reistance area 💻Friends, press the "like"👍 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
4
GMT - Biggest ponzi in crypto is slowly dyingReasons to take short: ⭐️ Trendline is 24 days old ⭐️ Trendline is clean ⭐️ Pullbacks are getting smaller ⭐️ Slowly squeezing to the trendline ⭐️ 7th touch ⭐️ 50 ATR ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
20
BTCUSDT Waiting for long?Subscribe to the channel for more new information about trading✅ Hello everyone The formation of an ascending bullish wedge is on the chart, the pattern is reversed. I am waiting for another confirmation of the lower border, after which I consider opening a position in long. The RSI indicator is also in the overbought zone, I expect an upward movement to the $20.910 zone in the near future, this will be the first take, the second take will be a breakdown of the upper border of the $22.530 wedge All successful transactions and don't forget to move your stop in used
Long
by DanilBlinkov