Short

$GMT Time to Sell?

Updated

It's a young chart but i could come up with three possible trend lines. Obviously, the general trend is upwards. But the launch hype and fomo have to lead to a correction and the price has to explore a clear support for a while. This may be happening now. The oscillators here show momentum is downwards. Fib levels and (seeming) trend lines can be used for longs. Fib 0.5 ($1.622) looks attractive to me. The project has great long-term potential. Peace!

Note

Wow it turned out to be the time to sell indeed but the price still not coming even close to my long target. Hope this helped someone.

GRACE2222

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.