Catching the Bounce! 📉 An accumulation opportunity for $GTC after forming a strong bottom
We’re monitoring the GTC/USDT chart (15-minute timeframe). The coin has started to recover and bounce upward after touching a strong bottom at 0.23304, and is currently trading at 0.25780.
🔍 Quick technical outlook:
Price action: The price has managed to break above the EMA(7), reflecting a healthy inflow of accumulation.
RSI(6): Bouncing upward from oversold territory and currently at 43.34, leaving plenty of room for further gains.
🎯 Trade plan (Spot trading):
🟢 Entry zone: Current prices around 0.25780 to 0.24500.
🔴 Take-profit targets: unset 0.27200 ➡️ unset 0.29300 ➡️ unset 0.30500 .
🛡️ Stop-loss: A 15-minute candle close below 0.23300.
💬 Tell us: Do you think $GTC can break through the EMA(25) resistance and reach the targets? Where are you placing your orders? 👇🔥
#
GTC #GTCUSDT #BinanceSquare #Crypto
We’re monitoring the GTC/USDT chart (15-minute timeframe). The coin has started to recover and bounce upward after touching a strong bottom at 0.23304, and is currently trading at 0.25780.
🔍 Quick technical outlook:
Price action: The price has managed to break above the EMA(7), reflecting a healthy inflow of accumulation.
RSI(6): Bouncing upward from oversold territory and currently at 43.34, leaving plenty of room for further gains.
🎯 Trade plan (Spot trading):
🟢 Entry zone: Current prices around 0.25780 to 0.24500.
🔴 Take-profit targets: unset 0.27200 ➡️ unset 0.29300 ➡️ unset 0.30500 .
🛡️ Stop-loss: A 15-minute candle close below 0.23300.
💬 Tell us: Do you think $GTC can break through the EMA(25) resistance and reach the targets? Where are you placing your orders? 👇🔥
#
GTC #GTCUSDT #BinanceSquare #Crypto