TradingOn

$GMT/USDT 12h (#BinanceFutures) Falling wedge on support

Long
TradingOn Updated   
BINANCE:GMTUSDT.P   GMT / TetherUS PERPETUAL CONTRACT
Green Metaverse Token is dipping to previous demand zone, good place to bounce back it seems!

Current Price= 0.5616
Buy Entry= 0.5452 - 0.4610
Take Profit= 0.7110 | 0.9195 | 1.1280
Stop Loss= 0.3641

Risk/Reward= 1:1.5 | 1:3 | 1:4.5
Expected Profit= +41.33% | +82.77% | +124.22%
Possible Loss= -27.63%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 1x
Estimated Gain-time= 1 month

Tags: #GMT #GMTUSDT #STEPN #Web3 #NFT #Metaverse #M2E #Social #App #Gaming #GST #BSC #Solana

Website: stepn.com

Contracts:
#BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1
#SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx
Trade closed: target reached:
TP1 would have been reached with up to +50.55%

GreenMetaverseToken bounced back and broke-out of the wedge, unfortunately entry was missed by 0.0071 😔
We hope some of you longed it on time anyway, if so better grab some profit before downtrend could resume.

Trade closed: target reached:
TP2 would have been reached with up to +101.18% (1x)

GreenMetaverseToken regained 50MA then got rejected on 100EMA, last target remains valid!

Comment:
Back to 1$ supply zone

GreenMetaverseToken is following the forecast nicely but still unable to break 100EMA resistance, wait for it!


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