GTC H1 – Recovering from the 0.1747 low, holding around 0.2300, waiting to break above 0.2363
Current price: ~0.2300 USDT, +7.69% in 24h (vs. 0.21357 USDT 24 candles ago). 100-candle high: 0.27578 USDT, 100-candle low: 0.17472 USDT.
Entry: 0.2250 – 0.2300 USDT
SL: 0.2170 USDT
TP1: 0.2363 USDT
TP2: 0.2430 USDT
TP3: 0.2570 USDT
Bullish scenario: If the 0.2250 – 0.2300 Entry zone holds and price breaks above the recent high of 0.2363, it could head toward 0.2430 and then 0.2570, a price zone where it previously moved sideways before the sell-off on 29/10.
Bearish scenario: If 0.2170 is lost, price could retreat to the 0.2100 – 0.2040 zone, then fall further to 0.1910 – 0.1747, the 100-candle low.
Personal view: After the sell-off to 0.1747, GTC has been recovering steadily, with each low higher than the previous one and an upward-sloping support trendline. So the bullish scenario is preferred as long as the Entry holds, but caution is still warranted because the recovery has extended from the low and profit-taking may occur around 0.2363.
👇 TRADE GTC HERE 👇
$GTC
Current price: ~0.2300 USDT, +7.69% in 24h (vs. 0.21357 USDT 24 candles ago). 100-candle high: 0.27578 USDT, 100-candle low: 0.17472 USDT.
Entry: 0.2250 – 0.2300 USDT
SL: 0.2170 USDT
TP1: 0.2363 USDT
TP2: 0.2430 USDT
TP3: 0.2570 USDT
Bullish scenario: If the 0.2250 – 0.2300 Entry zone holds and price breaks above the recent high of 0.2363, it could head toward 0.2430 and then 0.2570, a price zone where it previously moved sideways before the sell-off on 29/10.
Bearish scenario: If 0.2170 is lost, price could retreat to the 0.2100 – 0.2040 zone, then fall further to 0.1910 – 0.1747, the 100-candle low.
Personal view: After the sell-off to 0.1747, GTC has been recovering steadily, with each low higher than the previous one and an upward-sloping support trendline. So the bullish scenario is preferred as long as the Entry holds, but caution is still warranted because the recovery has extended from the low and profit-taking may occur around 0.2363.
👇 TRADE GTC HERE 👇
$GTC
