GTC / TetherUS
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GTC wait for entry

Atualizado
GTC has been consolidating for 6 months and been trying to break the consolidation area (see the screenshot below).

In the 4-hour timeframe, the chart illustrates the pattern I'm closely monitoring as a potential entry point for a buy setup. This pattern aligns with the Accumulation schematic according to the Wyckoff method.

Two possible trades that I'm considering:
  • Setup 1: when GTC closes above the continued upper resistance (with a 4H candle)
  • Setup 2: when GTC rises from below and closes above the discontinued lower resistance (with a 4H candle)


Daily chart of GTC:
snapshot

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.


Nota
Trade activated with setup 1
Ordem cancelada
Trade closed due to weakness of this coin
Support and Resistance

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