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.
✅ 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!
📊 Although trading volumes are falling, GMT could show good growth if the next conditions happen: 🔥 fall to the local lows where the most of long traders sl will be activated 🔥 squeeze to the trendline 🔥 DOM and Footprint BUY orders wall by the whales 🔥 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.
🚩 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.
📊 The closest targets: 1. $0.7-0.76 - value area 2. $0.91-1.04 - value area
💻Friends, press the "boost"🚀 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.