GTAIUSDT SPOT
Long
Updated

GTAI - Time to buy this altcoin! (bottom is in)

9 343
GTAI (GT Protocol) is a relatively new altcoin that is listed on major exchanges. On CoinMarketCap, this altcoin has a rank of #1121, which means it has a lot of room to go to the upside. You probably don't want to buy some famous altcoins in the TOP section because there is no 100x potential anymore. But if you want a reliable but small profit, then you can go with BTC or other major altcoins.

GT Protocol is back in the spotlight as one of the top AI narratives of 2024. The biggest unlocks are nearly behind it — and the setup for sustained growth is looking strong. If you believe in the AI tokens, this could be a good choice for the upcoming alt season.

From a technical point of view, this altcoin just completed a major ABC corrective wave on the weekly timeframe. This is a huge technical event, because after such a move, we expect a strong impulse wave 12345 to the upside! Currently, the price has been trending in this blue descending parallel channel. The price is near the support line, providing us with an excellent buying opportunity.

I expect GTAI to go up in the immediate short term and mid-term because the price should retest the downward-sloping trendline of the channel. Now it's up to you if you take a 150% profit or hold for the long term! Let me know in the comment section what you think about this altcoin? Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
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