I'm opening a Long after a flush of yesterday making altcoins to drop around 20%.
In my opinion, GMT is in an accumulation phase and A Spring event is on-going.
Prices dropped to the weekly support and is bouncing.
For these reasons, a Long set-up is proposed as in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Commentaire:
Trade is still active. If not yet open, it can be open as soon as price back to the range (above $0.23)
Trade fermée: ordre d’arrêt atteint:
SL hit. Trade closed