GMT Waves distributive downwards


Hello my friends,

Today I want to talk with you guys about GMT
This coin seems to have started a heavy diametric correction which can lead to lower levels of price for us.
As you can see we have finished wave A and B and are doing down on leg C.
We can expect this wave to finish at around the end of pattern.

Most important if weekly candle end green, can give us a slight possibility for a relief rally upwards.
Currently investing on that coin is not advised.
After breaking through the support, we see a distributive move downwards

Appreciate if you hit the thumbs up right below follow and leave your suggestions and feedback.
If you have any questions, you can write it in comments below, and I will answer them.

Regards
Mirwais
Chart PatternsHarmonic PatternsTrend Analysis

Also on:

Disclaimer