GMT/USDT : Target reached at 3,64 - What next?
GMT/USDT : Target reached at 3,64 - What next?
Previous analysis 02/04/2022 :
context :
The GMT token surged to the upside reaching the expected target at 3,64 this week - with the asics NFT drop on Binance. This strong impulsion cycle is not finished as long as 2,45 stay support in order to develop a wave (v) 1 III (bullish cycle towards 23)
Key Elements:
- EMA 89 support 2,70
- Key fibo level = 2,45 and 23,00
- Impulsion Elliot wave target at 67,00 wave 3 target (log scale)
- 3,10 key Ratio (Wave (iv) support )
- Intermediate resistance (fibo) at 4,52 - wave (v) target
Tactical view 1 to 3 Weeks
Above 2,45 in daily close buy any dips (Now) to play 4,52 (next intermediate will be defined once ',(é has been reached) next long-term target at 23 and 67
Keep going my friends !
(Please support me buy sharing the referal code to download Akt.io app in Europe - check signature below - Also proud to annouce that AKTIO coin is now live since 13/04/2022 on bittrex - launched at Paris Blockchain Summit week )
Previous analysis 02/04/2022 :
context :
The GMT token surged to the upside reaching the expected target at 3,64 this week - with the asics NFT drop on Binance. This strong impulsion cycle is not finished as long as 2,45 stay support in order to develop a wave (v) 1 III (bullish cycle towards 23)
Key Elements:
- EMA 89 support 2,70
- Key fibo level = 2,45 and 23,00
- Impulsion Elliot wave target at 67,00 wave 3 target (log scale)
- 3,10 key Ratio (Wave (iv) support )
- Intermediate resistance (fibo) at 4,52 - wave (v) target
Tactical view 1 to 3 Weeks
Above 2,45 in daily close buy any dips (Now) to play 4,52 (next intermediate will be defined once ',(é has been reached) next long-term target at 23 and 67
Keep going my friends !
(Please support me buy sharing the referal code to download Akt.io app in Europe - check signature below - Also proud to annouce that AKTIO coin is now live since 13/04/2022 on bittrex - launched at Paris Blockchain Summit week )
Comment:
GMT is a legend :) update coming soon but don't be worry this coin is gonna fly Hold and buy any dip
Comment:
Before FED decision ( Powell speech)
All the market is on support SP500 / BTC / ETH .... every risk asset are right on support pricing the raise of the rate with 0.5 basic point in order to counter inflation + reducing QE (= no free cash injection in economy)
Now the raise of the rate are already priced what is good to observe is the speech and see on which timing this inflation will be managed by the FED...
About GMT , like APE or even AKTIO, those coin are correlated negatively to BTC and their sensibilty to correlation is not important so it means they can evolve outside of the main flow....
For now i don't see any risk structure on GMT regarding the last update 2,70 can be awatch as the former 2,45 to keep a direct bullish outlook
Make sense to also buy ASICS box on the app or try to mint more stuff buy stacking your GMT (GMT swap for SHoes in STEPN app then mint by move to earn) that the best way to optimise the things with this project
wait until the people battle between then to get more rewards, rent their shoes... etc.... you will see the coin will surge that why im sleeping on it with absolutly no pressure to loose any money.... lol but absolutly no stress at all i just add add in deep (like now for exemple) mint GMT by using STEPN app and buying ASICS common box around 29 when one is free to sell them between 100 and 300 BNB once they will be not possible to find any at some points
All the market is on support SP500 / BTC / ETH .... every risk asset are right on support pricing the raise of the rate with 0.5 basic point in order to counter inflation + reducing QE (= no free cash injection in economy)
Now the raise of the rate are already priced what is good to observe is the speech and see on which timing this inflation will be managed by the FED...
About GMT , like APE or even AKTIO, those coin are correlated negatively to BTC and their sensibilty to correlation is not important so it means they can evolve outside of the main flow....
For now i don't see any risk structure on GMT regarding the last update 2,70 can be awatch as the former 2,45 to keep a direct bullish outlook
Make sense to also buy ASICS box on the app or try to mint more stuff buy stacking your GMT (GMT swap for SHoes in STEPN app then mint by move to earn) that the best way to optimise the things with this project
wait until the people battle between then to get more rewards, rent their shoes... etc.... you will see the coin will surge that why im sleeping on it with absolutly no pressure to loose any money.... lol but absolutly no stress at all i just add add in deep (like now for exemple) mint GMT by using STEPN app and buying ASICS common box around 29 when one is free to sell them between 100 and 300 BNB once they will be not possible to find any at some points
Comment:
Market is in fear mode - 2,70 Challenged - Exit from the asset for now until better picture can be read.
Trade closed: stop reached
CIO & Head of market research (Automata - Akt.io)
Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa
Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa