🏃GMT: you can't run away from a SCAM.📊Actually, it`s +15% after the last idea. You can read about why the STEPN fell and possible scenarios of pump or dump in this idea.
📊At the moment on the volume indicator we can see an increase in volume at every test of the bottom, which means that the coin is being bought back. Especially it can be seen on the massive sell-off when the price temporarily renew its lows (2) and the coin has already risen by 50% after that. Definitely a sign of strength.
🔶1. $1.31-1.54 is the largest zone of value, a strong resistance for the price. After the 50% growth, GMT should consolidate under this area for some time, to accumulate the strength for continued growth.
🔶2. $1.87-2.02 - the first target, a value zone, an even number. Traders who bought a $1 coin will close their longs.
🔶3. $2,53-2,77 - the second target
✅Friends, trade with stop losses, this is a must. Remember, the Chinese players, were the main players and now this market is being shut down for STEPN. Even if the volume indicator shows buying, remember what happen to LUNA!
Do you think this is a scam or should we expect a strong growth of Move-2-earn projects and STEPN will be the largest of them? Let me know in the comments!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
GMTUSDT trade ideas
Stepn (GMT)STEPN (GMT)
GMT a possible Leonardo Harmonic Pattern, similar to Bat Pattern but with slight difference based on fibonacci ratios.
Two possible scenario and PRZ:
● First scenario: Leonardo Harmonic Pattern (retrace at 0.786 of XA wave) + orderblock around 1.36 - 1.38, short position.
● Second scenario: Bat Harmonic Pattern with 0.886 retracement of XA wave, short position.
Please use low leverage (3-5x)
GMT - Let's Go For A Run!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last GMT analysis, we were waiting for GMT to break above 2.0 OR retest the 0.75 - 1.0 zone to look for buy setups.
Now since GMT is around our 0.75 - 1.0 demand zone , we will be looking for buy setups on lower timeframes.
on H1: GMT is forming a trendline but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, GMT would be overall bearish can still trade lower.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
STEPN drawn Double Bottom pattern and price start rise soon !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.
12th May GMT token create local low at 0.85$ and bounced more than 100% to 1.75$
Few days ago price back to support level, local low at 0,85$ and now created double bottom pattern.
I think for now price can make another 100-140% upward movement to our main target around 2-2.1 USD.
And some time to trades in this range 0.85-2.1 USD
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
GMT There are 3 targets ahead👌The desired currency code, as you can see, has done the necessary analysis and is now ready for the 3 targets.
If you want to buy a currency code, now is the time to buy.
The analysis you are looking at is the specific method of the servant and the trading strategy is called the servant.
Green Metaverse Token GMT STEPN: Is this the moment of truth?GMT Green Metaverse Token STEPN could be forming a potencial W-Pattern to retest the support level at 0,80 $. The golden pocket from the Fibonacci Retracement comes in directly with the downtrend line at 1,40 $...what a perfect confluence. :-)
I will update you here if the W-Pattern really plays out and what the price target is. All in all GMT must break the 0,618 to 0,65 Fib Level.
Rising support + static resistanceHello friends. I found a relatively clean setup featuring my favorite pattern: rising support + static resistance.
This pattern is especially powerful because of the nature of resistance. Think for a second of this level at ~$1.06 as a door, and think of the price as a "battering ram". Each time that the battering ram smashes into the door, the door falls apart some, and becomes weaker. At some point, when the door has become weak enough, it will fall down altogether as the battering ram smashes into it for the last time, popping off the hinges of the door. This creates a breakout in the price which can be quite explosive and generate a good profit for those who were already long. I don't really like to long those after the breakout already happened because you miss most of the movement, so it seems more effective from a risk to reward standpoint to simply anticipate a possible breakout of this nature.
Thanks for playing.
GMT, is expected to rebound with double bottom support.The following are machine translations:
On the daily chart, it stepped back after it fell to around 0.8 on May 12 and rebounded. Now it has stepped back to around 0.8 to get support and rebound, showing a bullish shape.
In terms of indicators, the macd indicator is seriously deviating from the bottom, and you can wait for the golden fork to do more. SRI reached 27.72 on May 12, the price on the 26th was slightly lower than that on the 12th, and the RSI reached 30.3, which also formed a bottom divergence, and the market rebounded yesterday.
In terms of operation, it can be regarded as a double-bottom pattern at present. It can be done with the indicator macd. When the macd crosses, it is more likely to continue to rise.
TS ❕ GMTUSD: bounced offGMT has reached the lower limit of the accumulation zone and the support level, I expect an upward rebound.
BUY scenario: long to 1.738.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
GMT/USDT Analysis Update 📈📉What's up Guys ,
What happened for STEPN!
In last analysis that I posted for GMTUSDT , according to my analysis it exactly followed the bearish scenario and since 28-April it has started a sell_off , also after losing the previous zones finally reached the last support that I mentioned before and had a huge crash like others altcoins (=> -80 % short (1x)🎯💰 ).
So today we still have some bad fundamental news that can impact the GMT and fall more in the long-term .==>> (Due to Chinese law, StepN application services will soon be discontinued in this country. Chinese users of this platform have until July 15 to sell their nfts and fully withdraw their capital from this platform. )
BUT in technical viewpoint ,as we can see, it has retested the support zone again , and it can bounce again , and at least see the higher resistance zone , and so there if bulls be able to overcome the bears it can reach the higher resistance zones respectively , but otherwise it'll fall more!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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