GMTUSDT price is currently ranging within a LH and LL formed from the downtrend acting as minor support and resistance, I'll be waiting for a break below or above this range before I take my next position.
The range is also a good position for leveraged trading.
Not an Investment advice, Please also do your analysis before taking a trade. Trade Safe #ibn
A head and shoulder pattern in forming on the 4H
time frame, a break and retest below the neckline
will complete the pattern and we could see a sharp
drop in price after that.
The next support major is18000-17500 area, if BTC
is unnale to hold that area, we could see a drop
to around $12,000.
Short-Term_____Bulish
Long-Term______Bearish