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GMTUSDT trade ideas

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.
by MyCryptoParadise_Nathan
GMTUSD : Ascending TriangleSTEPN (GMT) Price Prediction 2022 The above chart of STEPN (GMT) laid out an Ascending triangle pattern, The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern. Currently, STEPN (GMT) is in the range of $0.98137. If the pattern continues, the price of GMT might reach the resistance levels of $1.16571 and $2.18040. If the trend reverses, then the price of GMT may fall to $0.80107 and 0.55366. From the above daily time frame, we can clearly interpret the following as the resistance and support levels of STEPN (GMT). Resistance Level 1 $1.11771 Resistance Level 2 $1.54502 Resistance Level 3 $2.24806 Support Level 1 $0.83766 Support Level 2 $0.53816 GMT Resistance & Support Level The charts show that STEPN (GMT) has performed a bullish trend over the past month. If this trend continues, GMT might run along with the bulls overtaking its resistance level at $2.24806. Accordingly, if the investors turn against the crypto, the price of STEPN (GMT) might plummet to almost $0.53816, a bearish signal.
Editors' picks
Long
by TheNewsCrypto
5
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)
Short
by Aayush_Ganjawala
💡Don't miss the great buy opportunity in GMTUSD @Stepnofficial Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (3.414). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GMTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 3.7899 TP2= @ 4.1733 TP3= @ 4.5000 TP4= @ 5.0000 TP5= @ 5.5000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2