GNT Price Analysis
The price is in a falling wedge that is taking place in a bull pennant.
We see the Kijun and Tenkan are above the price although they are moving horizontally. Signalling a potential loss of momentum in the downtrend.
The Kumo is acting as well defined support with the .5 Fibonacci level.
MACD is forming a bearish fan. If a bounce occurs from Senkou B then this should reverse.
We see the Kijun and Tenkan are above the price although they are moving horizontally. Signalling a potential loss of momentum in the downtrend.
The Kumo is acting as well defined support with the .5 Fibonacci level.
MACD is forming a bearish fan. If a bounce occurs from Senkou B then this should reverse.
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Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.