$GMT/USDT 1h (#Bybit) Ascending triangle breakdown

Green Metaverse Token lost 50MA support and seems to have formed a double top pattern.

Risk/Reward= 1:1.2 | 1:2.2 | 1:3.2
Expected Profit= +21.06% | +38.66% | +56.28%
Possible Loss= -17.62%

Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 3-4 days

Tags: #GMT #GMTUSDT #STEPN #Web3 #NFT #M2E #Metaverse #Social #Gaming #GST #BinanceLaunchpad #BSC #SolEco

Website: www.stepn.com/

Contracts:
#BEP20 0x3019BF2a2eF8040C242C9a4c5c4BD4C81678b2A1
#SPL 7i5KKsX2weiTkry7jA4ZwSuXGhs5eJBEjY8vVxR4pfRx

İşlem kapandı: hedefe ulaştı:

TP1 reached with +21.06% (2x) and +1.2R🎯

GreenMetaverseToken pulled back up retesting triangle and filling all entries then retraced down as forecast!
Now bouncing on 100EMA support but lower targets remain valid, SL adjusted to highest entry (3.5764) anyway.

Yorum:

Squeezed between 50MA & 200MA

GreenMetaverseToken regained support but lost it back and is facing a critical situation, let's stick to the plan!

İşlem elle kapatılmış:

Remaining position closed with -4.06% (2x) and -0.23R

GreenMetaverseToken continued sideways until Coinbase announced listing then pumped.
We'll wait for another reversal pattern to enter back, in any case this is no place to buy since RSI is overbought again!