$GTC Extremely bullish 🚀. The 4-hour chart structure clearly shows higher highs and higher lows, confirming strong buyer dominance
· Short term: After reaching a peak of 0.25, the price is undergoing a sharp correction and is currently trading near the 0.20 area
🚀 Trading strategy (long positions preferred)
· 🎯 $GTC Long entry: 0.18 - 0.19 (retest of the previous breakout area at 0.18)
· 🛑 Stop Loss: Below 0.16 (recent swing low)
· 💰 Take Profit:
· TP1: 0.22 (local resistance / recent lower high)
· TP2: 0.25
· TP3: 0.28 (extended Fibonacci target)
🐻 $GTC Short-trading strategy: Suitable only for short-term scalping if the price meets strong resistance and is rejected at 0.22, confirming the formation of a lower high. Given the sharp recent rise, a deeper correction could occur if momentum completely fades
Support me by trading here 👇
#gtc #Gitcoin
· Short term: After reaching a peak of 0.25, the price is undergoing a sharp correction and is currently trading near the 0.20 area
🚀 Trading strategy (long positions preferred)
· 🎯 $GTC Long entry: 0.18 - 0.19 (retest of the previous breakout area at 0.18)
· 🛑 Stop Loss: Below 0.16 (recent swing low)
· 💰 Take Profit:
· TP1: 0.22 (local resistance / recent lower high)
· TP2: 0.25
· TP3: 0.28 (extended Fibonacci target)
🐻 $GTC Short-trading strategy: Suitable only for short-term scalping if the price meets strong resistance and is rejected at 0.22, confirming the formation of a lower high. Given the sharp recent rise, a deeper correction could occur if momentum completely fades
Support me by trading here 👇
#gtc #Gitcoin
