Do you forget about GMT? It`s still in play๐ฅ
Hi friends! GMT is going to lost it`s popularity. The trading volues are falling but the whales continue to buy this altcoin as you can see on the traded volume.
โ I don`t see the large suport for the GMT price, so we can try to open a short trades if BTC will start fall again. Low risk trade with high profit potential. Check the idea about BTC to use it in your altcoin trading!
๐ Although trading volumes are falling, GMT could show good growth if the next conditions happen:
๐ฅ fall to the local lows where the most of long traders sl will be activated
๐ฅ squeeze to the trendline
๐ฅ DOM and Footprint BUY orders wall by the whales
๐ฅ bullish BTC. I think if it reach the $17k, we will see the large bull pressure on and Footprint. It helps altcoins also make a pullback from it`s bottom.
๐ฉ The huge buy orders (order wall) on DOM and Footprint which confirms the pressence of big player. I prefer to open the trade in the same direction with the whales.
๐ The closest targets:
1. $0.7-0.76 - value area
2. $0.91-1.04 - value area
๐ปFriends, press the "boost"๐ 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.
โ I don`t see the large suport for the GMT price, so we can try to open a short trades if BTC will start fall again. Low risk trade with high profit potential. Check the idea about BTC to use it in your altcoin trading!
๐ Although trading volumes are falling, GMT could show good growth if the next conditions happen:
๐ฅ fall to the local lows where the most of long traders sl will be activated
๐ฅ squeeze to the trendline
๐ฅ DOM and Footprint BUY orders wall by the whales
๐ฅ bullish BTC. I think if it reach the $17k, we will see the large bull pressure on and Footprint. It helps altcoins also make a pullback from it`s bottom.
๐ฉ The huge buy orders (order wall) on DOM and Footprint which confirms the pressence of big player. I prefer to open the trade in the same direction with the whales.
๐ The closest targets:
1. $0.7-0.76 - value area
2. $0.91-1.04 - value area
๐ปFriends, press the "boost"๐ 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.
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