Xanrox

GTAI - Buy now for another 100% profit in a week

Long
KUCOIN:GTAIUSDT   GT Protocol / Tether
Technical analysis

In the previous analysis on GTAI 7 days ago, I recommended buying GTAI at around 2.2 USDT per coin. The current price is 4.0 USDT, which is a great profit. Can this coin go to 8.0 USDT in 1 week or 2 weeks? I think this is definitely very possible. This is my new, fresh analysis of GTAI.

As you can see on the chart, the price broke out above the ascending parallel channel, which is a huge sign of strength. Usually, what you want to do is buy a retest of the channel. Retest is already happening, so it's probably the best time to buy GTAI for another 100% profit in the short term. From the Elliott Wave perspective, wave (3)(3) is still in progress, so we are in the middle of a very strong bull market.

You can also trade this coin on an intraday basis if you want to make some profit, but make sure you trade it on futures with "longs only" strategies. I do not recommend shorting this coin.

GTAI coin is in the top 10 best gainers of the week, which is a huge success. GTAI is very popular among retail traders. It has around 352,000 followers on the X platform and a huge fan base.

What is GT Protocol?

The GT Protocol's robust ecosystem merges an investment protocol for decentralized Web3 funds management with Blockchain AI Execution Technology, both accessible through the GT API SDK.

The ecosystem includes the GT APP, a Web3 investment platform, which has already amassed 70,000 registered users and has achieved notable milestones, including becoming an official broker of the Binance exchange and securing a partnership with the TRON blockchain.

Blockchain AI Execution Technology: Simplifies crypto transactions, portfolio management and offers comprehensive AI-driven trading and investment tools through an AI conversational interface for both novice and experienced users.

Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.

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