GWA, Time to Evaluate Ones Position
Hi guys,
In this analysis I go through the GWA monthly chart.
With price having risen 70%+ since September '22 is it now able to brake the wall its now currently facing or is it wanting to find its way back to the 200ma.
The question now is price going to drop fast or muscle its way back into the higher range and flip the current resistance as support.
My gut tells me we are about to see price decline from this point on till the 200ma is hit or price drops to the lower red brake out zone.
I believe it is a good idea to evaluate ones position at this time.
This analysis is all price action and nothing to do with the fundamentals of the company.
As always Invest smart and with a plan in place.
"capital loss is more hard felt that capital gained"
Stay safe,
Crypto Leonard
P.S. This is NOT finantual advice, if you seek finantual aid seek the help of a licenced professional.
In this analysis I go through the GWA monthly chart.
With price having risen 70%+ since September '22 is it now able to brake the wall its now currently facing or is it wanting to find its way back to the 200ma.
The question now is price going to drop fast or muscle its way back into the higher range and flip the current resistance as support.
My gut tells me we are about to see price decline from this point on till the 200ma is hit or price drops to the lower red brake out zone.
I believe it is a good idea to evaluate ones position at this time.
This analysis is all price action and nothing to do with the fundamentals of the company.
As always Invest smart and with a plan in place.
"capital loss is more hard felt that capital gained"
Stay safe,
Crypto Leonard
P.S. This is NOT finantual advice, if you seek finantual aid seek the help of a licenced professional.
