Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
GT is in a bullish trend and has maintained a decent level so far. With the recent rebound, GT has respected the old support trendline and the 50 EMA.
The continuation of the rebound is likely to test the $11 resistance trendline. A breakout above the trendline could potentially create a bullish sentiment for GT. Key levels:
- Support: $6.4. - Primary Resistance: $11. - Target: $30 to $50. - Invalidation Point: A close below the historical support trendline.
DYOR, NFA.
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