GMT Trade Setup - GMT looks good to me after looking at it's recovery from the recent drop it made
- IMO GMT can move 50-100% up from here as long as Bitcoin stays up or sideways
- Your holding period in GMT should be for 3months at least because I don't believe in overnight pumps
- Don't risk anything in crypto if you can't afford to lose the same
GMT
Get ready to ride the wave with $GMTGet ready to ride the wave with NZX:GMT (Green Metaverse Token)! As the native token of STEPN, it's primed for a major pump, aiming for $2.0 by year's end!
- GMT is the Solana token that manages STEPN.
- Encourages people to be more active by being rewarded with crypto.
Get Ready for Lift-off with GMT! Bullish Cup & Handle Pattern💎 GMT is currently exhibiting a bullish market structure and has formed a cup & handle pattern, which increases the probability of a bullish move.
💎 If GMTUSDT breaks out above the resistant zone, we can anticipate targets until the next resistant levels. In the event of a pullback, we can expect a bounce from the bullish OB, but confirmation via bullish candlestick patterns is essential.
💎 However, if the bullish OB breaks down, it would be prudent to withhold action on GMT and wait for clearer price action to emerge.
GMT/USDT opportunity to short?GMT has broken its support and even got rejected from this support and resistance upon retesting.(+ double top was also formed in 4H)
So if bulls can't break resistance (which was great support once), than it might be time to short GMT.
SHORT ENTRY -->
Entry price - 3.30 or 3.31
Stop loss - 3.56
Target price - 2.76
(Don't take trades based on this idea, even I don't support my idea)
(Do your own analysis)
(NOT A financial advice)
(High chances of loss if you follow my idea)