GMTUSDT.P trade ideas
GMTGMT looks undervalued here, with major correction and yet no bull run has happened to it yet
Main target 1.3$
Entry zone: 0.18 - 0.17
Good luck
GMT bottom is in?
I have been tracking the movement of GMT and JASMY for some months and noticed that GMT tend to follow the YASMY's pattern. To illustrate this idea, the both charts are shown for better comparison.
I have started accumulating GMT around the current weekly support level. As long as this support holds, I do not plan to sell. My invalidation condition is a weekly candle closing below $0.125, which represents a 20% dip from the current price. My target price for GMT is $0.16, which would be a x4 increase from the current price.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
#GMT Rally Mode: Your Chance to Buy and Prosper!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
GMT (SETPN) COLD BE ON THE RISE AGAIN
I called for super bullish market for BINANCE:GMTUSDT sometime last year it happened but not the was I predicted it, however, the chart is becoming clearer for my prediction which brings me to this right now.
I fee STEPN will take off very soon and I love this setup because it give me that deal breaker we don't always get which is the fact that this last move down is an Ending Diagonal of a wave 5 of a wave C which represents the wave 2 if truly this is going to be a bullish market for GMT after all we have only seen 30% retracement from -90% drop from All Time High
Now is the best time to take position while the invalidation level is clearly on the chart (red dotted line) at $0.1758. This presents at least a clean 10 risk reward if it plays out. $0.65 is the nearest target while $2 is not an exception.
PREVIOUS ANALYSIS
OTHER ANALYSIS
BINANCE:ACAUSDT
BINANCE:PEOPLEUSDT
FX:USDJPY
FX:USDJPY
GMT - STEPN - UPDATE
This is an update to the previous analysis. Price will continue to soar higher, taking any of the two path I have highlighted on this chart. One being a 1-2/1-2 situation, price will reach and cross the box, make no significant retracement on the medium timeframe and continue to soar higher while the other being the idea that we are just about to finish an Expanding Diagonal for a wave 1 or A which should end just at the beginning of the yellow box or anywhere in between ($0.24 - 0.26)
Don't forget that since previous analysis BINANCE:GMTUSDT has gained approximately 10%. See below for previous analysis on the higher timeframe for context.
PREVIOUS ANALYSIS
OTHER ANALYSIS
PEOPLE - UPDATE
BINANCE:ARBUSDT
BINANCE:PEOPLEUSDT
BINANCE:RSRUSDT
BINANCE:NEARUSDT
GMT/USDT Breakout Alert | GMT Seems Ready to Rally 👀🚀💎Paradisers, gear up for an exciting trading journey with #GMTUSDT! After a bullish breakout from the descending channel and a successful retest, #GMT is showing formidable strength at the $0.199 support. Now, it’s gearing up for another retest of the falling resistance of the descending channel before moving up.
💎If #GMT fails to maintain its position above the $0.199 support and dips below, we might see an extension of the bearish trend. The subsequent critical demand zone at $0.1858 is known for igniting major bullish rebounds due to its high liquidity.
💎Should NZX:GMT approach this demand zone again, a robust recovery is crucial to uphold the support. Conversely, any inability to recover could amplify bearish pressures, sour market sentiment, and potentially lead to further declines in price.
💎Stay agile and focused, Paradisers. Your ParadiseTeam is closely watching the market to ensure you’re equipped to navigate the unfolding dynamics of the #GMT market.
MyCryptoParadise
iFeel the success
GMTUSDT 8H LONG setup - May 21 2024Possible Long setup for GMT/USDT (8H)
Tight Stoploss: Slightly below 0.2250 (Futures)
Wide Stoploss: 0.2040 (Spot)
GMT clear pathAnother undervalued Gem #GMT
Crystal clear price structure for me here.
Demand zone: 0.18 - 0.17
Sell Zone 1: 1.3 - 1.38
Re-accumulate: 0.4 - 0.5
Good luck
GMT analysis (12H)It seems that our hypothetical diametric ends up on the green range.
We have a good demand range on the chart, which we marked with green color.
We are looking for buy/long positions on the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
GMT Buy setup
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 advice. Risk is under your control.
$GMT D Update
GMT is seeing some recovery in the last 2 days, but I see no reason to be bullish yet.
I'm looking at an ending diagonal (green I-V), which would require one more leg down to complete blue wave 5 / black wave C.
There is also no RSI divergence and no higher high. Overall, bears are still in control.
GMT Holders! FOLLOW ME~!Hello, guys!
This is ESS team.
This Chart is GMTUSDT.
If it is supported by the ORANGE downtrend line, It is expected to break through the RED long-term downtrend line.
After breaking through, It will reach the PURPLE downtrend line as it can.
If it isn't supported by the ORANGE line, It will try to rise again after consolidation at the GREEN downtrend line.
Test only for study tesr for practice this chart not for entry only saving to see how wrong is my draw
thnaks
#GMTUSDT Mid Term Long Position | 20% + Pump#GMTUSDT 4H | Mid-Term
📉 Long Entry Zone: 0.2221-0.2168
Signal details:
Target 1: 0.2355
Target 2: 0.2482
Target 3: 0.2581
Target 4: 0.2696
_
📌Trend-Line: 0.2174
❌Stop-Loss: 0.1976
✅After reaching the first target you can put the rest of the position to breakeven
GMT/USDT: Entering Now on Strength After False BreakGMT/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. Current price holding within a range indicates strong buyer interest; this could be the precursor to a powerful rally.
GMT should move Now.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#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/USDT#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 follow your trading plan and manage your risk.
Be patient and good luck!
If you like this kind of analysis don't forget to like and follow
GMT shortFVGs(high market intention as confirmation) + order block on daily.
SL at 4H ITH
TP latest swing low.
should i cover sl at swing high??
GMT ONE MORE TIME 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 for?!
👉As the price will be approaching 0.28_0.25 zone, we will be looking for new longs on lower time frame to be catching the next bullish movement. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
GMT SHORTlarge pocket of leveraged longs at .29 , Possible downside to clear them barring any market turn on monday open
