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GMT / TETHER USD on BSC (0xf4Fb46968B961AC458f0eC312b7cB8e56cBF2A9B)

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GMTUSDT_F4FB46 trade ideas

⚙️ GMT - Rebound from Support with Bullish Indicators! 💹📊 Technical Overview: GMT (Gambit): Rebounding from support for the third time. Entry Condition: Bullish crossover in Stochastic RSI, break above $0.2748. Next Resistances: $0.4611 (67% gain potential), $0.5780 (112% gain potential). Invalidation: If price breaks and remains below $0.2211. 📈 Trade Strategy: Entry: After bullish crossover and break above $0.2748. Targets: $0.4611 and $0.5780. Invalidation: If price remains below $0.2211. 🚨 Note: Monitor market conditions and Bitcoin movements for potential impact on GMT. Trade carefully! 🔄🚀 #GMT #TradeAnalysis #Cryptocurrency 📊💹
Long
by Richtv_official
1
GMT Is breaking out. Pump is starting, here is why.GMT is really bullish because the downtrend ended with a descending parallel channel. Volume is starting to be really high, which is a good sign. WXYXZ corrective pattern is complete, also a good sign. Where to take profit? I recommend 3 profit targets at this moment. Choose wisely, my last profit target is the previous all time high, which is a strong resistance and I don't think it will break on the first try. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! FSL (GMT) was founded in August 2021 by Australian blockchain entrepreneur Yawn Rong. Mr. Rong has previously founded Crypto SA, an Australian crypto fund and pro-regulation auditor, and has served as an ambassador for Algorand and as an industry representative of the South Australian Blockchain Association. He founded STEPN with his neighbor and partner Jerry Huang, a game developer and former founder of Falafel Games. FSL raised a significant $5 million seed round from some of the biggest crypto venture capital firms like Sequoia Capital, Folius Ventures, Solana Capital, Alameda Research, 6th Man Ventures, DeFi Alliance and several others. Several notable angel investors include Santiago R Santos and Asia Partner of Republic Zhen Cao. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
10
GMT BULLS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. Here is a quick update on GMT📚 👉As we can see price is sitting around a minor support zone, lining up with our previous major lows, however, we will be expecting again a new rejection! 👉Moreover, for the bulls to take over, we need a break above the marked major swing high, then a movement higher would be expected And yes! Unless price managed to break below our zone, then a movement lower would be expected, till the lower massive support zone. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
GMT/USDT If Breakout is happening, potential GMT back to Upward!💎GMT has recently shown significant market dynamics. After a strong bounce from the demand area, GMT is now facing a key challenge at the resistance zone. 💎 A successful breakout above this resistance could pave the way for further upward movement, probability allowing GMT to reach our target supply area. 💎 However, if GMT fails to climb above the resistance and retreats back to the demand area, it may need to establish new momentum from there. 💎 A concerning scenario would unfold if GMT breaks below the demand area, indicating a continuation of the downward trend. This would signal bearish sentiment and could lead GMT back to the bottom support level, initiating a bearish season once again.
by MyCryptoParadise
1
GMT Drops 4%, but Are Buyers Gearing Up for Another Move?Buyers are attempting to push the GMT price higher, as evident by the wick that was present under today’s daily candle. Throughout the past day of trading, the altcoin was able to overcome the strong resistance level at $0.3755 to trade at its current level. Should it close today’s trading session above this significant mark, it could have the foundation needed to rise higher in the next few days. If this bullish thesis is validated, the GMT price could rise to as high as $0.5025 in the short term. However, a daily candle close today below $0.3755 may prevent this bullish move from happening. In this alternative scenario, the GMT price could pull back to the key $0.2975 support level. Continued sell pressure at this point may then put the altcoin at risk of falling to as low as $0.2290 within the following 72 hours. Bullish Momentum Could Boost GMT Technical indicators on GMT’s daily chart supported a short-term bullish outlook. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) were flagging bullish at press time. These technical flags not only suggest that buyers are currently stronger than sellers, but also that the altcoin’s positive trend may continue for the next 48 hours. The MACD line was breaking away above the MACD Signal line, which could be a trend continuation signal. In addition to this, the RSI was positioned above its Simple Moving Average (SMA) line. The RSI was also breaking away above the SMA line. Therefore, it is fair to speculate that buyers are growing stronger than sellers, which may lead to further gains for the GMT price.
Long
by StevenWalgenbach