MyCryptoParadise

GTC/USDT Break Alert! If also break the supply. Pump is coming!

BINANCE:GTCUSDT   GTC / TetherUS
πŸ’Ž GTC has recently demonstrated notable market dynamics by breaking out of a descending triangle pattern and undergoing a retesting phase, signaling bullish momentum.

πŸ’Ž However, a key obstacle lies ahead at the supply area. If GTC manages to successfully break out above this supply zone, we can anticipate significant upward movement, potentially targeting our desired Bearish OB area.

πŸ’Ž Conversely, if GTC fails to breach the supply area and faces rejection, the price may retreat to the demand area around 1.06 to gather new momentum for another attempt at breaking above the supply zone.

πŸ’Ž The demand area has historically served as a strong level of support for GTC, with previous bounces reinforcing its significance. Nevertheless, a failure to bounce and subsequent breakdown of the demand zone could signal further downward movement towards the strong support area.

πŸ’Ž This strong support area presents a lucrative buying opportunity for GTC traders, as a significant bounce or further downward movement may ensue.




Comment:
Another win! #GTC up 39.24%, as forecasted!


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