GTCUSDT.P trade ideas
₿ GTCUSDT 1W ₿ : 28.Nov.2021 (GTC) Log☑️ Results : +162% ✅
🔥 ALL TARGETS REACHED 🔥
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👤 Arman Shaban : @Ar_M_An_4
📅 28.Nov.2021
⚠️(DYOR)
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GTC / TETHERUS#GTC
One of the most undervalued crypto projects. It has a huge developer community and a great funding platform.
The triangle pattern has been broken and the test has been successfully retested.
There is an intersection of a set of averages.
Entry area / 8.5
Objectives/
Speculative short goals
10
10.3
11
(12.2) Main target strong resistance
medium goals
13
13.2
14
14.8
(15.4) main target strong resistance
long goals
17
20
(24) a main target, strong resistance, the historic summit
Stop Loss Limit/Daily Close Less than 6.2
GTCUSDT forming a falling wedge patternDisclaimer on,
This is a personal opinion, I am not responsible for your trading results.
Trade with your own risk.
GTC formed a falling wedge pattern on the M30 time frame, the upside target is at USDT 11,485 with a stop loss area at USDT 10,445. An entry can be made when the price is able to break above the USDT 10,635 level. In addition, the EMA (exponential moving average) 90 is also become a dynamic support that can be taken into account to bounce prices back up. The Risk to Reward ratio given is 1:4, I think it is worth considering.
GTC - LONG SETUP!GTC getting squeezed into the channel. If we get 3rd touch on lower TL and breaking the channel to the up-side, we can see the price really take off. Tap to 7.500$, maybe small manipulation lower. Will take some time to play out but we are sitting on a strong support. Not seeing price really drop below 6.000$.
🦎 GTC- claiming key levelThe price has formed a symmetrical triangle formation and is now consolidating on key level. If the claim is successful we can expect a move towards the zone of strong resistance next.
Entry: possible entries from current price(9.28) down to the lower part of the formation. If average buying those are levels to set buy orders at : 8.33, 7.90, 7.52
Targets:
TP1: 10.37
TP2: 11.25
TP3: 11.97
TP4: 13.36
TP5: 15.52
TP6: 18.36
TP7: 22.89 (~160%)
TP8: OPEN++
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About GTC:
Gitcoin is a platform where coders and developers can get paid to work on open-source software in a wide variety of programming languages. Users can also submit their own project ideas to the Gitcoin platform in order to crowdsource funding from contributing donors. Aside from direct community crowdfunding, Gitcoin employs a unique system known as quadratic funding to help match community funding efforts to accelerate development of the projects the community deems most popular. All in all, Gitcoin is a platform designed to foster the development of meaningful, open-source projects and better align the interests of donors and developers.
Source: gemini
GTCUSDT - Triangle PatternGTCUSDT (1D Chart) Technical analysis
GTCUSDT(1D Chart) Currently trading at $11
Buy level :Above $10.5
Stop loss: Below $7.5
TP1: $12.5
TP2: $15.5
TP3: $18
TP4: $24
Max Leverage 2x / Spot market
Always keep Stop loss
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GTCUSDT is trying to break the triangle .GTCUSDT is trying to break the triangle. I there it decides that what is going to happen. It may break or back towards the support.
GTC fifty-fifty chance to break out or retest. So always wait for the confirmation guys before jumping into any trades.
Always use stop-loss.
Thanks and Happy Trading.
#gtc #GTCUSDT #cryptocurrency
GTC/USDT-4H-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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