Hi this is my first time publishing, still learning but getting there
This is my idea for GFMT, last night as btc was going down we saw GMT hit 0.46 twice then by the morning it found volume around 0.47 and it has not dropped ever since
I belive we are to expect another drop as price keeps rejecting 0.5300-0.5400 (Kucoin)
for the time being my target is 0.80
At the moment GMT is good for scalping 6-7% pullbacks then the same for buying
Any feedback will be much apricated still learning
Thank you
This is my idea for GFMT, last night as btc was going down we saw GMT hit 0.46 twice then by the morning it found volume around 0.47 and it has not dropped ever since
I belive we are to expect another drop as price keeps rejecting 0.5300-0.5400 (Kucoin)
for the time being my target is 0.80
At the moment GMT is good for scalping 6-7% pullbacks then the same for buying
Any feedback will be much apricated still learning
Thank you
Note
Quick update:We are having a little pullback, we did bonce just above the 0.236 fib
we aridly bounced little bit in price, but depending on Bitcoin. If Bitcoin has further pullback then i expect GMT price to drop to support levels
fist support is at 0.236 -0.4640
i don't see that fail but if it does second is at 0.382 -42 level
Not too sure how to update with images to make it a bit more clearer sorry..
Note
Quick updateAs you can see on the chart by pressing play we have hit the 0.236 support at 0.46 range
but then it got rejected again at 0.50 range depending on how BTC moves today
first target is 0.62
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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.