GTCUSDT forming a falling wedge patternDisclaimer on,
This is a personal opinion, I am not responsible for your trading results.
Trade with your own risk.
GTC formed a falling wedge pattern on the M30 time frame, the upside target is at USDT 11,485 with a stop loss area at USDT 10,445. An entry can be made when the price is able to break above the USDT 10,635 level. In addition, the EMA (exponential moving average) 90 is also become a dynamic support that can be taken into account to bounce prices back up. The Risk to Reward ratio given is 1:4, I think it is worth considering.
GTCUSDT trade ideas
GTC breakoutJust a quick chart on GTC. Given time, I think this one will get to $25 (or more. For now, expect jumps (just like AXS - similar chart profiles)
Right now I am looking at $11.40 but may revise upwards (if BTC behaves).
IMO - this like AXS is a coin worth watching (along with SHIB - this could deliver another 100% from todays price by the end of October).
#GTCUSDT (Watchlist) #GTC maybe worth it to add this coin to your Watchlist. 👀
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, etc.
This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
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GTC/USDT SHORT TRADE SET-UPExpecting a 25% drop after a 35% pump in GTC/USDT.
Consider entering this trade at $11.66 to $12.08
Stop Loss: $13.76
Targets:
$10.94
$10.05
$9.7
$8.9
Do accumulate and if the SL gets hit then consider re-entering this trade at the right opportunity.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
GTC > Parallel Channel > What's the next move?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of GTC.
According to my technical analysis , GTC is moving in a parallel channel. It will reach down till trendline and after that we can expect a rise.
"My analysis is valid until We don't see a breakout from channel"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.