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Acrome77

GMT 1H - Head and Shoulder in play

Long
GMT / TetherUS (BINANCE:GMTUSDT)  
Acrome77 Updated   
BINANCE:GMTUSDT   GMT / TetherUS
Chart Patterns Technical Indicators Trend Analysis head_and_shoulder Relative Strength Index (RSI)
4
5
chartpattern indicator trendanalysis head_and_shoulder relativestrengthindex
As we can see price make a fake breakout of the resistance line and now is expected a retrace to the ascending trendline to complete the right shoulder .
Also price hit the RSI overbought line and can retrace from here to the buy zone.

If H&S will complete price can pump higher
Comment:
Right shoulder compleeted, wait for breakout
Trade closed manually:
Pattern invalidated
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