evasivesteering

GMT Buy setup

Long
BINANCE:GMTUSDT   GMT / TetherUS

I'm opening a Long after a flush of yesterday making altcoins to drop around 20%.

In my opinion, GMT is in an accumulation phase and A Spring event is on-going.

Prices dropped to the weekly support and is bouncing.

For these reasons, a Long set-up is proposed as in chart.

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

Comment:
Trade is still active. If not yet open, it can be open as soon as price back to the range (above $0.23)

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