TOMO WAITING GAME: Ascending Triangle On this hourly chart of BINANCE:TOMOUSDT , the coin forms an ascending triangle pattern. For this instance, there could be an imminent breakout or breakdown.
This week can have a massive movement of the coin as the shape of a month-long triangle spans until approximately Wednesday as the price is squeezing inside as of today, so let's wait for the next days ahead and add this coin to your crypto watchlist.
In analyzing the price movement, if a support breakdown happens, potentially hitting the support lines through a Fibonacci retracement from swing low to swing high. On the other note, a breakout occurs through the price overlapping the vertical resistance and potentially retesting to assess its firmness and identifying it as a possible new support line along with other key resistance lines.
Always plan your trades by identifying take profit and stop loss areas for security. Moreover, discipline, one example is PATIENCE. Have a great week ahead, and happy trading!
GTCUSDT
$REEF Keep eyes On breakout EURONEXT:REEF Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
Gitcoin | GTC The price of Gitcoin is $2.3 today with a 24hour trading volume of 13 million dollar. This represents a 12% price increase in the last 24 hours and a 60% price increase in the past 14 days
Gitcoin is a platform to fund builders looking for meaningful, open source work. Project owners can publish their projects such as codebase, git repository, podcast, and various initiatives on the platform. Donors can browse a list of projects and choose what they would like to fund. The platform has funded over $19.3 million to date to up to 160,000 developers. With the launch of GTC token, Gitcoin is moving to decentralizing their platform to be managed by the community. Gitcoin was founded by Keving Owocki and Scott moore. Owocki is CEO, Moore is technical growth lead and is director of research.
if we break 2.5$ the next targets are 2.9 and 3.3$
but if you long at 1.5$ its time to take some profit and have some fun
GTC/USDT - Gitcoin: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the LSE:GTC / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 1.047 | 1.135 | 1.316, and the major support zones can be found at 0.866 | 0.773 | 0.592. Consider buying at the current price zone of 1.07 and targeting higher levels.BBand_Squeeze
◰◲ General info :
▣ Name: Gitcoin
▣ Rank: 301
▣ Exchanges: Binance, Kucoin, Bybit, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Crowdfunding
▣ Overview: Gitcoin is a blockchain-based platform for projects, independent builders, and funders to connect and work together on open-source software. Project owners can post bounties together with the job details. While graphic designers and software developers can choose jobs that suit their skills and get paid in cryptocurrency. Gitcoin also helps sustain open source projects that offer meaningful values to the Web3 ecosystem through their quarterly grants which utilize Quadratic Funding, a democratic mechanism to fund public goods. Projects can create grants and funders can support projects that they deem beneficial to the Web3 ecosystem. In addition, individuals can participate in hackathons hosted by projects to earn prizes and connect with peers. Data and fundings are stored on the Ethereum blockchain, ensuring that Gitcoin is not in a position to monetize users' data.
◰◲ Technical Metrics :
▣ Mrkt Price: 1.07 ₮
▣ 24HVol: 1,067,372.264 ₮
▣ 24H Chng: 12.513%
▣ 7-Days Chng: 11.21%
▣ 1-Month Chng: -25.14%
▣ 3-Months Chng: -53.17%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.047 | 1.135 | 1.316
◢ Support: 0.866 | 0.773 | 0.592
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -4.38
▣ Last 90D: -2.83
▣ Last 1-Y: -0.19
▣ Last 3-Y: -0.05
◲◰ Volatility :
▣ Last 30D: 0.95
▣ Last 90D: 0.90
▣ Last 1-Y: 1.17
▣ Last 3-Y: 1.96
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.58 - Bullish
▣ Reddit sentiment score is 0.08 - V. Bearish
▣ In-depth GTCUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Take a closer look at GTC. What await us? H&S or double bottom?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.
Gitcoin (GTC) formed a bullish Cypher for upto 60.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Gitcoin ( GTC ) token with USD pair.
Previously we caught a nice pump of GTC as below:
Now on a daily time frame, GTC has formed a bullish Cypher for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GTCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for GTCUSDT
In the current chart, R3, R2, and R1 are the resistance areas which contain the unsuccessful attempts of the price to rise. S2 used to be a resistance area. And S1 is our long-term support line at the bottom expressing the well support of price at several points. Thus, the price was rejected at R1 and by a decline it touched S1 line and now we see its fluctuation below this area. The price would have more fall to reach the bottom of S2 and then by providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that via more fluctuation and fixation and the long position of the chart is activated. You know that in case the price loses the support at any points and falls below S1 area, surely more decline happens to it. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Gitcoin (GTC) formed a bullish Shark for upto 16.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Gitcoin ( GTC ) token with USD pair.
Prviously we caught more than 60% pump of GTC token as below:
On a 4-hr time frame, GTC has formed a bullish Shark move for anaother bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GTC/USDT: BINANCE:GTCUSDTPERP BINANCE:GTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$GTC have reached the Supply zone and the local highs are located before the DARVAS box's high.
With the current local high and the Supply above, It's better to have the SHORT here with a SL located at the local higher high at $1.426.
I'll trail my Stop-Loss after reaching the TP1.
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Have a good day!
@Helical_Trades
GateToken will end up like CRO (NEW)GateToken may see a dump similar to CRO.
As we can see, almost all CEX do shady things and results may be dramatic (FTT destroyed - FTX exit scam, CRO dumping and customers can´t log in to their accounts now).
If Gate.io is insolvent, we will see a huge dump. Time will tell.
Downside is very likely.
Gitcoin (GTC) about to complete bullish Gartley for upto 51%Hi dear friends, hope you are well and welcome to the new trade setup of Gitcoin (GTC) token with USD pair.
Previously GTC was very close to complete the final leg of BAT, but pumped before entering the buying zone.
Now on a daily time frame, GTC is about to complete the final leg of a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
GTCUSDT, Sell opportunity at order blockHello my friend, After a rally we need a correction so you can monitor the price's action at OB to enter a sell position.
Don't forget capital management.
Good luck.
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