💎 GTC has recently experienced significant market dynamics, particularly with a successful reclaiming of price above the support level after a bearish trap. This led to a bounce in price, suggesting potential for continued upward movement towards our target strong resistance area.
💎 However, if GTC struggles to maintain its upward momentum, there's a likelihood of price retracing back to the support area to gather new bullish momentum.
💎 It's crucial for GTC to bounce from this support area, as failure to do so could result in a breakdown, with the next potential stop being the demand zone around 1.42. Such a scenario would confirm a return to a downward trend.
💎 Nevertheless, there remains a chance for GTC to resume its upward movement if it manages to reclaim the price above the support level. However, if this scenario fails to materialize, the price may continue its descent further downwards.
💎 However, if GTC struggles to maintain its upward momentum, there's a likelihood of price retracing back to the support area to gather new bullish momentum.
💎 It's crucial for GTC to bounce from this support area, as failure to do so could result in a breakdown, with the next potential stop being the demand zone around 1.42. Such a scenario would confirm a return to a downward trend.
💎 Nevertheless, there remains a chance for GTC to resume its upward movement if it manages to reclaim the price above the support level. However, if this scenario fails to materialize, the price may continue its descent further downwards.
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.