💎 GMT has certainly piqued our interest. Currently, GMT is navigating within a descending channel pattern. Historically, GMT has shown a strong rebound upon touching the support trendline of this channel. It then surged upwards, only to face a stern rejection at the resistance level.
💎 Presently, GMT is making another attempt to surpass this local resistance. For potential buyers, it's prudent to await a confirmed breakout above this resistance to avoid potential false breakout.
💎 If GMT successfully breaches this resistance, it could pave the way for an upward trajectory towards the $0.1650 resistance mark. This particular zone is pivotal for GMT; a breakout here could signal a bullish momentum, propelling GMT towards the supply zone.
💎 On the downside, if GMT struggles to break the resistance and faces another rejection, it might retrace back to its key support level.
💎 Presently, GMT is making another attempt to surpass this local resistance. For potential buyers, it's prudent to await a confirmed breakout above this resistance to avoid potential false breakout.
💎 If GMT successfully breaches this resistance, it could pave the way for an upward trajectory towards the $0.1650 resistance mark. This particular zone is pivotal for GMT; a breakout here could signal a bullish momentum, propelling GMT towards the supply zone.
💎 On the downside, if GMT struggles to break the resistance and faces another rejection, it might retrace back to its key support level.
Trade active
Just as predicted, #GMT's up a smooth 13.05%!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.