SasanSeifi 💁♂ Potential Long-Term Growth $2.70 and $3.50?
Updated
Hi there! 😊
As you can see in the chart, the price of GTC has faced a range after a long-term downtrend and has experienced a slight growth after breaking the downtrend line. Currently, the price is trading in the range of $1.97.
The scenario that we can consider in the long term is that the price will increase to the liquidity ranges of $2.70 and $3.50. Then, after a minor correction and pullback, the price is expected to rise again to the supply zone in the long term, which is in the range of $4.50 to $5.00.
To better understand the continuation of the price movement, we need to see how the price reacts to the liquidity ranges of $2.70 and $3.50. The important support levels are $1.60 and $1.20. The possible long-term trend of GTC is shown in the above image.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!☺✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌🙌
As you can see in the chart, the price of GTC has faced a range after a long-term downtrend and has experienced a slight growth after breaking the downtrend line. Currently, the price is trading in the range of $1.97.
The scenario that we can consider in the long term is that the price will increase to the liquidity ranges of $2.70 and $3.50. Then, after a minor correction and pullback, the price is expected to rise again to the supply zone in the long term, which is in the range of $4.50 to $5.00.
To better understand the continuation of the price movement, we need to see how the price reacts to the liquidity ranges of $2.70 and $3.50. The important support levels are $1.60 and $1.20. The possible long-term trend of GTC is shown in the above image.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!☺✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌🙌
Note
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🌎Website (Persian): FiboTech.Trade
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