Before a much bigger move GMT should move now.
Longed 0.2277.
If it holds here it can move targeting 0.25 and 0.29.
Will add more slightly lower.
Using slightly wide stop for now but will look into the PA and if it Hold under 2250
I'll scale out.
Note:Not a financial Advice.
#GMT/USDT is heading towards a retest of the Diagonal Trendline and PML $0.2515 resistance is 4-Hour TF!
Wait for BO & retest to Long $GMT. #GMTUSDT needs to clear this area to gain bullish momentum. The local resistance level is PWH $0.337, and the support level is $0.207
#GMT
The price has been moving in a downward spiral since the beginning of the year
Finally, the price appeared to break the downtrend strongly
It is expected that the price will break out from the current price of 0.1960
To upward waves, 5 consecutive upward waves are expected, with an expected target of 0.50
With significant upward momentum
and as usual...
GMT/USDT demonstrates remarkable resilience, bouncing back from a recent false break—a bullish signal in comparison to the broader altcoin market. Entering now to capitalize on this momentum with the expectation of a significant upward move. Targeting a 59.30% increase from current levels, backed by a risk/reward ratio of 3.42, indicating a high conviction trade....
I'm opening a Long after a flush of yesterday making altcoins to drop around 20%.
In my opinion, GMT is in an accumulation phase and A Spring event is on-going.
Prices dropped to the weekly support and is bouncing.
For these reasons, a Long set-up is proposed as in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial...
Hello 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 mentioned in our previous analysis, price rejected our previous rising trendline and traded higher, to be rejecting our upper bound of this channel again.
So, for now what we are looking...
GMT USDT is experiencing a breakout from a right angle triangle pattern, a significant technical event in the cryptocurrency market. This pattern typically signals a period of consolidation followed by a breakout, with the breakout direction often indicating the future trend. In this case, the breakout suggests potential upward momentum for GMT USDT. Traders and...
12h time frame
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GMT is creating a symmetrical structure that might follow the trend we predict in future. Also, this structure is similar to a rounding bottom, which will provide lots momentum for pump. Red zones are the critical resistance to build bottom structure, GMT can increase rapidly once going through these resistance without hesitation.
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TP: 1
SL: 0.215 (spot)
breaking out 0.236 fib res in weekly chart , consolidation of inverse H&S pattern and many attempt of breakout the major trendline make that chart cheerful and set our long term target to 2$ ...keep ur eye on it u will thank me later
Thank you, and for more ideas, hit "Like" and "Follow"!🎯
GMT has been forming an accumulation schematic 2, following Wyckoff.
With an upcoming announcement from STEPN, the break-out would be anticipated.
The short-term trade set-up is as in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
This beautiful GMT rally urge me to share My First proper trade setup here with all of you guys.
GMT perfectly bounced from the consolidated zone and moved towards the resistance, Then retraced a bit now again on the move to MOON🚀
it's a worth watching almost 7% vs 53% R:R long idea✅
Let's see how it plays off.
NFA. Good Luck! Happy Earnings❤
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About GMT
(Update)
Moving Exactly As We Predicted & Running In +30% Profit So Far✅
Still Moving Towards The Target⚡️
Me trading GMT for a long time, usually scalping, but today I found idea of long-term trade. After rising to previous resistance, price declined and making correction on strong support. I am waiting bullish spike to next resistance guys!
![GMTUSDT: [GMTUSDT] - inverse H&S pattern](https://s3.tradingview.com/v/vPKsKnvm_mid.png "[GMTUSDT] - inverse H&S pattern")
