STEPN ($GMT): "Classic" or "Irregular" wave B ?
Hi everyone!
As clearly shown on daily chart, the main trend is bearish, but at the same time, in mid term, some technical (bullish) rebound is possible which we can use as Trade.
From a technical point of view, $GMT is showing a corrective structure (ABC) which could develop with two scenarios: Wave B above the previous bottom, or irregular wave B, with a new low before triggering a new rally (bullish leg).
PREVIOUS ANALYSIS
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N.B.: Updates will follow below
As clearly shown on daily chart, the main trend is bearish, but at the same time, in mid term, some technical (bullish) rebound is possible which we can use as Trade.
From a technical point of view, $GMT is showing a corrective structure (ABC) which could develop with two scenarios: Wave B above the previous bottom, or irregular wave B, with a new low before triggering a new rally (bullish leg).
PREVIOUS ANALYSIS
(Click and Play on Chart below)
...trade with care! 👍
Cheers!
If you think that my analysis is useful, please...
"Like, Share and Comment" ...thank you! 💖
N.B.: Updates will follow below
Commentaire:
Commentaire:
consolidation in play....
Commentaire:
🔔 2024 Forex Long Term Analysis:
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015