GMT ShortLooks like head and shoulders forming in several time frames.
Strong resistance area 0.658/0.672
Short entry points 0.658 and 0.671
Take profit target 0.48 -> Final target 0.15
STL 0.70
GMTUSDT trade ideas
One more basing asset!Holy I'm finding basing assets after basing asset.
Who knows, but this is finding absurd support.
STEPN GMTUSDT stepsas STEPN price ascend and descend through it's days, we've known several key points in GMTUSDT price chart.
here are these price ranges that price has ever bounced through.
but there is one important thing!
the volume indicator, doesn't show a strong vibe.
but there is still time for increase in this matter.
I think 0.55~0.65 is a safe place to start getting bullish.
also, RSI shows some good things.
hope you succeed.
DYOR
🔥 GMT Bearish Triangle: Patience For Break OutGMT has formed a bearish triangle over the course of several months now. Every time, the yellow support area holds and causes some kind of rally towards the purple dotted resistance line.
With both the resistance and support lines closing in on each other, a break out is to be expected soon.
I'm looking for a potential bearish entry. A daily close below the yellow support area would indicate significant weakness and signal a potential further decline, targets in blue.
GMTUSDT review 1D IntervalHello everyone, let's take a look at the 1D GMT to USDT chart as you can see the price has come out of the downtrend channel and is moving on the verge of returning to that channel.
Let's start by setting goals for the near future that we can take into account, in this case we have two zones of resistance
First from $ 0.7405 - $ 0.8305
and
Second from $ 1.0913 - $ 1.2240
Now let's move on to support in case of further market downturns, and as you can see in the chart, we have two important support zones
The first zone from $ 0.6099 - $ 0.5310 where the price is currently located
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.
GMTUSDT | Wave Analysis | Target Triangle Breakout Projection Price action and chart pattern trading:
> A possible local 4-wave triangle pattern with a bullish divergence signal
> A bull scenario with the target downtrend triangle @ 0.5-0.618 fibonanci extension of current minor 3-wave once breakout current price rejection zone previous low.
> Short entry if breakout of triangle for a bear scenario, the target could reach upto 0.786-1.0 extension for the next support zone
Always trade with affordable risk and respect your stoploss, nothing is 100%.
GMT/usdtPrice is in a minor channel and losing the middle line of the price channel has strong demand at the static level, if it breaks that level it makes sense to sell.
GMT - LongGMT has benefited from buying pressure immediate before the announcement of the launch of GMT earnings plan on the 28th of September, but but price fell immediately after.
GMT is currently sitting on an support zone which, if holds, might give a bit of relief to GMT price, pushing it to 0.7 area.
If support doesn't hold, we might see price falling to the next support zone in area 0.59
STEPN GMT price it's time for growth ?Looking at the trading volumes, it seems that everyone trades only BTCUSDT, or everyone is interested in what is happening with the Bitcoin price
Well, here are our thoughts:
But capital is gradually flowing into altcoins, which in turn are also drawing global reversal patterns.
The GMTUSDT price is now in the liquidity zone of accumulation of positions.
A reversal double bottom is likely to form.
The minimum goal of working out this pattern in the area of $2.4. And this is not a little, not a lot x3.5-4 from the current purchase zone $0.56-0.80.
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GMT RE-ACCUMULATION nice setup on GMT entries coming soon. chart looks more bullish then some of the others i covered
Bearish harmonicDrop at 0.886
Gmt have a strong rebound and lagging didn't drop much on ytd big drop.
It is continuation to dropping to find their next support
Stepn / GMT long if stays above .7#GMT / STEPN if gains .7 level then we are looking at a possible move to .90
GMT SHORT SCALP TEST (EXPERIMENTAL)Currently testing out a new system for scalping and a short entry was generated lets see if it goes well but this system is not fully back tested and the risk seems low enough
TP: 0.7047
SL: 0.7427
gmtusdt 4h updatei share this trade with all of you when its trade on 0.60$
curently dont try to took entry in lonh under this project.
fuuture short trade expected under this token from its resistance level....also depend on markete condition
GMTUSDT wants the breakout!The price is testing the 0.5 Fibonacci level as new resistance below the 0.71$ area.
The price needs to create a breakout in order to flip the resistance into new support.
How to approach it?
IF the price is going to have a breakout and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
CHECK GMT WAVESI think this currency has a chance of a good rise. In the green zone, you can enter this currency with a stop below the green box, and in the red zone, you can short this currency with a stop above the red box.
GMTUSDT is showing strengthThere are two strong liquidity areas in 0.7 & 0.77
after the correction (might be 25% of this sharp movement) we can expect that price touch 0.77
SUPPORT AND RESISTANCE INDICATORIn this video Ill be using 3 indicators RSI , STOCH and Support and resistance
GMT/USDT looks for a breakout! Hey guys,
We are back with GMT coin and this time again we will let you decide where we should go. We see a great pressure forming under resistance and EMA100 zone so looks like breakout might happen but sellers are holding strong this zone for some time so what do you think guys?
Two scenarios has been marked so let's see where we will be going.
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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.
