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.
注释
Testing support zone
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。