Hello friends! Let's consider two possible price movement scenarios for the GTC cryptocurrency.
Scenario #1. On the daily timeframe, an inverse head and shoulders pattern is forming. The main factor for its formation is the global support area around ~1.76$. Generally, buying the asset after testing and bouncing off this level and further selling in small parts up to ~2.46$ can be considered. There are three Fibonacci targets. After breaking the neckline, a rise to ~3.8$ can be expected.
Scenario #2. Formation of a double bottom technical pattern.
If the global support level is broken, the price will move towards ~1.43$-1.52$ per coin. After reaching this level, an upward recovery movement can be expected. The selling targets remain the same as in scenario #1.
This is not a financial recommendation, everything you do, you do at your own risk.
Scenario #1. On the daily timeframe, an inverse head and shoulders pattern is forming. The main factor for its formation is the global support area around ~1.76$. Generally, buying the asset after testing and bouncing off this level and further selling in small parts up to ~2.46$ can be considered. There are three Fibonacci targets. After breaking the neckline, a rise to ~3.8$ can be expected.
Scenario #2. Formation of a double bottom technical pattern.
If the global support level is broken, the price will move towards ~1.43$-1.52$ per coin. After reaching this level, an upward recovery movement can be expected. The selling targets remain the same as in scenario #1.
This is not a financial recommendation, everything you do, you do at your own risk.
노트
Testing support zone
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.