When starting you trading journey- One mistake beginners make is relying 100% on Resistance and support (TrendLine). TBH this exposes you to higher risk on incoming manipultions.
IMO i think you should only depend on lines if you've mastered the art of trading liquidity.
On this video i've explained how to draw supply and demand zones. How to draw supply and demand zones
Hi friends, like you see on my video on GMT we have big volume of bears purchasing (bulls close they position and price go down). So there is a bulls accumulation process on a market. Have a good trades.
Hi friends. Today we analyze GMT and I saw on X-Volume that bears closing they position in a big volume (more than 4M contracts was purchase by bears). Thanks for your attention and have a nice day).
Hi, friends. For a first sorry for my english i dont speak a long time )
On gmtusdt we saw big volume of a bulls closing and price going down. But under 0.1544 there is no market activity. I mean nobody want to continue sell process. Bears closing and we slowly going upper to 0.1609, 0.1630 and maybe upper in a few days. But there is aslo a chance to flat around...
the price is testing the 0618 Fibonacci level on the daily timeframe after creating a double bottom on the monthly area.
How to approach it?
IF the price is going to have a breakout and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴...
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
I'm looking to go bullish a little on market
I feel this might actually go well, looking good. The market is still bearish but we can still pick up short LONGs entry.
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for GMTUSDT
It is clear that the price is fluctuating in the middle of the channel. It is expected to move to the first support line. If it moves upward, it is able to break the first resistance line and even move to the second resistance line.
Warning: This...
GMT Repeat Same history as AXS infinity did.
AXS highest price was $166 per coin at that time Market cap was 9.75B of USD. Huge number
GMT current price is $3.16 with a market cap of 2B of USD. That means if this coin repat same history it could make an additional 5x. To reach a 10B market cap.
I think We can trade this coin during significant pullbacks...
GMT is forming a falling wedge on a 4hrs time chart, which is a bullish sign. Keep eyes on the critical support area of $2.03 region and $1.84 for possible entry. A break above the falling wedge will take us back to $3 will be approximately 50% movement. Like I always advise, do your research. This is not financial advice. Please like and subscribe if this...
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
