Long

GNTUSD ready to extend rally

313
GNTUSD made a nice break from the descending pattern, bounced of resistance at $0.26. Perfect entry was right at strong support on $0.18-0.20 area. Now we are moving higher and despite some market correction, GNT stands well. I’m looking for rebuy on support zone, if we get there and target my next level at $1.27 and $1.52 approximately. Check the volume at break – I market it with red. It’s important to watch for strong patterns and get confirmation with volume along. Also, the MA cross made a good sign we are going to move higher from there.

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.