🚩GMT: is the Marathon just beginning?

26 เม.ย. 2022

👟Stepn(GMT) is a (so far) unique combination of a health and fitness app with play-to-earn mechanics.

To make money you need:
📱install the app.
👟 buy NFT sneakers. The more expensive the sneakers, the more money you make.
🏁run every day. Tokens are awarded for the kilometers you run.

Fundamentally, this is the first project of this kind (Move-to-Earn, M2E), that' s why it has gained so much hype.

📊But lets talk not only about fundamental but about techical analysis. Globally, we can see 2 accumulation zone. It seems to me that after the last consolidation, not all the big players🐳 realized their profits. The second consolidation is in a smaller range of $3.1-3.5. It is a local price movement, which helps to open additional positions. Consolidation is a price movement in the range, where it is quite easy for a large player🐳 to accumulate or distribute a position with the manipulations.

🎓I always teach you to wait for manipulation before you open a trade, so be careful when the price is testing the trend line. Volumes should rise. That means the big player🐳 has shown a willingness to buy and the price will continue to rise!

🎯I use previous pattern to show you that the history can repeat and we will see the ssame price movement by 70-80%. The target for the price is about $5-5.5 area. A strong signal for continued growth is that at a time when all cryptocurrencies are falling🔻, this altcoin continues its consolidation and even growth.

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.