GMTUSDT 1D CUP AND HANDLE FORMATION

Hi
If market gets a bounce gmt will be one of the first coin that will make good short time profit.
There is a cup and handle formation on 1 day chart with a possible target of 1.4$
If retrace targets are 0.97 -0.94 and 0.84 and if hits 0.84 i think it will hold and a new bounce near to 1$ can be on the way
For gmt short to mid term will be around 1$ but long term i think 2-3$ will be price consolidation area.
These are just my amateur ideas. Don't take as a financial advice and do your own researcch please