📊GMT: are the runners return? 2 targets for long!

6 ביולי 2022

Hi friends! GMT is looking bullish, isn`t it?

STEPN follow my previous bullish scenario! Now we see the continuation of this movements! 🚩Check it!

The price make a deep pullbach and trapped long traders which open longs at new local highs. It`s the first precondition for the next growth.

Additionally, GMT returns fast to the huge value area which was strong resistance and start squeeze below it. It`s additional bullish signal of bull strength.

Remember about short traders who awere goin to short GMT to 0. They are all trapped now and can become the fuel for next pumps.

Also i can add 2 targets:
🔶 $1.10 - key level
🔶 $1.34-1.44 - value area

All this growth possible because of the BTC growth and it`s correlation with SnP500 whick is also have local recovery after dump.

💻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.