$GTC 24-hour low, current price 0.2182, previous low 0.219.
After making a new low, there are three common patterns:
① Bounces back to the previous low, then falls: the downtrend continues
② Moves back and forth near the previous low: position turnover, waiting for direction
③ Quickly reclaims the previous low and holds above it: a false breakdown
It is currently below the previous low. Watch to see whether pattern ① or ② plays out.
#GTC
For reference only—don't take this as fact.
After making a new low, there are three common patterns:
① Bounces back to the previous low, then falls: the downtrend continues
② Moves back and forth near the previous low: position turnover, waiting for direction
③ Quickly reclaims the previous low and holds above it: a false breakdown
It is currently below the previous low. Watch to see whether pattern ① or ② plays out.
#GTC
For reference only—don't take this as fact.
