GMT Looks good for a scalp move. Actually i am waiting to enter a bit lower as a retest of the trendline, but it's not bad to start entering now. Stoploss below recent lows and target the next liquidity area, around 0.33.
A possible pull back to the FVG zone and a buy from there till the liquidity above is cleared
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hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Hi dear friends, hope you are well and welcome to the new trade setup of STEPN (GMT) with US Dollar pair.
Previously we caught almost 39% pump of GMT as below:
Now on a 4-hr time frame, GMT has formed a bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and...
GMTUSDT.P is in bearish trend.
Bearish divergence also show in RSI.
Printing LH and LL.
No sign of reversal here.
we wait and watch for the breakout of last LL.
GMT is moving in a descending triangle pattern and it will more likely break upward ( target is $0.50 -$0.51) . what do you think about GMT ?
This is not financial advice !
Buyers are attempting to push the GMT price higher, as evident by the wick that was present under today’s daily candle. Throughout the past day of trading, the altcoin was able to overcome the strong resistance level at $0.3755 to trade at its current level.
Should it close today’s trading session above this significant mark, it could have the foundation needed...
Recent Bearish Market: The overall cryptocurrency market has seen a significant downturn in recent months, which could put downward pressure on GMT/USDT.
Overbought Indicator: If GMT/USDT recently reached overbought territory according to the StochRSI or other indicators, a correction might be on the horizon.
Lack of Fundamental Updates: If there haven't been any...
Main trend. Time frame 1 week. There is no sense in less. The super dump is about +5000%, similarly the super dump is -96.69% from the peak at the moment. A big wedge is forming, the price is near the reversal zone. The target, which with a high probability will be reached urgently, is shown on the chart in case of a breakthrough of the dynamic resistance...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.3757 and 0.3183
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Share your Thoughts if you have any?
HM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- False tiny breakdown with big volume and show increase of buying interest
- support at Zone @ 0.3336-0.3423
It is potentially trending up higher with increase of strength and momentum.
In the daily time frame, by exiting the density and breaking the resistance zone, it is pulling back to the range, and we can wait for the back reaction in the green box to enter the buy deal until the next supply range and the important daily resistance. You can trail the specified profit limit after entering the transaction.
4h time frame
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GMT is creating a potential cup and handle structure since our last analysis(as below).
We can set up a new trading plan from this CH and original Elliott impulse wave. Both of them indicate that the first target is around 0.46, and final is 0.6.
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TP: 0.46 / 0.6
SL: 0.2665
The downward trend line of several months broke and stabilized in the weekly time frame and made a pullback, and the confirmation candle can be seen in the lower time frames.
It doesn't take long to get 100% profit.
I will be happy if you give me your opinion and comment. 💯
🧠We hit a historical low in October this year and then started to rebound. When the rebound exceeded 170%+, it encountered resistance and fell back. Judging from the daily K-line level, we have made a healthy correction. But judging from the strength of the rebound, we are not going strong because we have not broken through the previous high. This also shows that...
