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GMT / TetherUS

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GMTUSDT trade ideas

✅GMT: will the Axie pattern repeat or GMT is a SCAM?Hi friends! As we all know the 👟GMT fall close to the $1 key level because of 2 main reasons: 1️⃣ a lot of game tockens were minted. Green Satoshi Token (GST) is a gaming token of Stepn APP: 🔶GST supply on May 21 was 3.58M. 🔶GST supply is 52.9M now . The supply increased by 1477%, which is a lot and led to a fall in the price of Stepn itself. 2️⃣ China start blocking the Stepn app on July 15. This happen due to the regulation of cryptocurrencies in the country. Naturally, this caused panic among the Chinese, massive sales and collapsed the price of the cryptocurrency by 26%. Recall that the Chinese are the main part of players in the app. Axie and Stepn have fallen similarly after Bitcoin's fall, but will GMT repeat the AXS pattern of 2021? It would be ideal to wait for a similar trend line and open a long on a breakout. After the 80% drop, when reatail is scared and squeezed under the trend line, it would be possible to open a similar to AXS long. 📊Let's compare this two games: 1. There are actually a lot of people playing in Axie Infinity. There's a developed ecosystem, it's more than a few years old, the game is constantly evolving. 2. GMT looks like a pyramid scheme and it might scam at any time. Friends, if you want to trade, please use the stop losses, because this is the main thing in trading that allow you to be succesfull for a long long time. If GMT repeats the AXIE pattern, I will be posting trading setups in new updates and ideas, so stay tuned! 💻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 at 15m intervalHello everyone, let's take a look at the GMT to USDT chart on the 15 minute time frame. As you can see, the price is moving below the local downtrend line. Let's start by determining the stop loss we have in the near future: SL1 - 0.807 $$ SL2 - $ 0.208 Now let's move on to the targets we can consider: T1 - $ 0.998 T2 - $ 1,103 T3 - $ 1,188 T4 - $ 1,272 T5 - $ 1,389 Looking at the CHOP indicator, we can see that in the 15-minute interval most of the energy has been used.
by cryptodailyuk
🔥 GMT Pump & Dump: Relief Rally Coming?GMT has been on a lot of inventors' minds during March and April, where it was one of the top gainers week by week on Binance. However, now that the market has turned sour yet again, it's becoming apparent that GMT was just a Pump & Dump. In my view, GMT has much more downside from here, think 50%. There's a lot of volatility for this token, so a relief rally will come at some point which will potentially cause a 100%-200% move. My bet is that we first have to fall all the way below $0.45 before something like that can happen. Keep an eye on this token in the coming days, something's coming!
by FieryTrading
10
GMT/USDT good opportunity to buy Hey Traders, Our attention caught GMT /USDT. For the last 2 weeks we have see that this coin has been going sideways so here are our 2 scenarios that we think might happen. Firstly - GMT will hold the support that drew and it will bounce to $2.08. Secondly - it will fall and try to test $0.85 support line from where we should have a strong bounce back up. We sow that $0.85 had a huge volume which brought the price back to $1.35 and we think that traders won't let the price fall back so easily again. Our buying zone is whole red zone and main target is $2 If you like ideas provided by our team you can show us your support by liking and commenting. 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.
Long
by SwallowAcademy
10
If BTC is stable, GMT may start to go upHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line. Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 1.29, if the support breaks, the next one is SL2 - $ 1.17 and SL3 - $ 1.02. Now let's move from the resistance line, as you can see, the first resistance is T1 - $ 1.62, if you can break it, the next resistance will be T2 - $ 2.10 and T3 - $ 2.50, T4 - $ 2.90. Looking at the CHOP indicator, we can see that on the 1-day interval we are starting to recover energy, and the MACD indicator indicates an upward trend
by cryptodailyuk
GMT - how fast can the bulls run?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. After the bears broke the last low in gray , GMT has been overall bearish making lower lows and lower highs. Last week, GMT rejected the 1.0 round number and demand zone, however, we are not bullish yet. For the bulls to take over, we need a break above the previous high AND above the 2.0 zone acting as a resistance. Once we have this break (projection in purple) then we will be looking for buy setups on the 2.0 zone retest. Meanwhile, the bears can still reject the 2.0 zone for another bearish impulse movement till around the green demand zone. In this case, we will be looking for buy setups on lower timeframes as price approaches the 0.75 - 1.0 zone Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
25