GT Technical Analysis in Weekly Timeframe
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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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For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
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.
Like, Share, and Follow for more.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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