GNT long Entry
Updated
After an incredible run and a perfect 100% retracement from breakout GNT is once again at a price where longs can be established. Though Daily RSI does indicate reversal, the current BTC situation must be respected for the more risk averse. I would suggest delaying entry until after the BTC dust settles. Those who are more comfortable with risk exposure could employ a relatively tight stop loss as thus far GNT has demonstrated respect for the previously established uptrend. Near term targets at key fib levels marked.
I have a small position @ 10,900 avg that I will hold long term exiting when we revisit the ATH again, I will look to add during dips.
Good luck to all entering this trade with me!
HODL.
I have a small position @ 10,900 avg that I will hold long term exiting when we revisit the ATH again, I will look to add during dips.
Good luck to all entering this trade with me!
HODL.
Trade active
Those willing, may consider increasing positions as we return to the trendline...however.....as previously mentioned, we must watch BTC. In the event of a significant correction we could see as low as 8k satoshi, and we want to have maximum liquidity should it.
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