Hi dear traders
GMT broke the wedge pattern.
Now to test the 0.29 support area as resistance in the move.
It is possible to return from this area.
If BTC fails to break the 28,500, 28,200 resistance, all altcoins will go down.
Otherwise price can rise to 0.4 area.
This is two scenarios
Let's see what happens.
All targets specified
This is not financial advice ( DYOR )
Good luck
GMT broke the wedge pattern.
Now to test the 0.29 support area as resistance in the move.
It is possible to return from this area.
If BTC fails to break the 28,500, 28,200 resistance, all altcoins will go down.
Otherwise price can rise to 0.4 area.
This is two scenarios
Let's see what happens.
All targets specified
This is not financial advice ( DYOR )
Good luck
Note
Tp 0.265 hit 🎯Note
Tp 0.28 hit 🎯Note
Tp 0.2650 hit 🎯Note
In Daily TF we can see bullish divergence between price and RSI. Possible price rise to near 0.26 to retest trend line.
Let's see what happens
Trade closed: target reached
GMT hit second target area Let's see what happens
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.