GMT (Update)
#GMT \USDT 4-hour chart update:
A falling wedge is a bullish technical pattern that occurs when the price of a security forms two descending, converging trend lines. The pattern is considered a bullish signal because it suggests that the bears are losing momentum and that the bulls are about to take control.
In the case of GMT, the price has been forming a falling wedge pattern in the 4-hour timeframe. The pattern is complete when the price breaks above the upper trend line. If this happens, we could see a massive bullish wave that could take the price to new all-time highs.
