Here is my first ever idea published, feel free to critique lol
So, based on the fibo extension I think it is highly possible GMT will reach 4.44$ level, it could potentially hit even the 5.92$ level (6$?) as coins usually do like to reach the 1.618 fibo.
Based on the graph I've marked few support/resistance levels with red lines, that seems to be working. Yellow line is just my entry level. The blue diagonal line is just a ,,global'' trend line, if the price falls below it and stays there for longer we might see a trend reversal and a longer downtrend.
This is not a financial advice, it's my personal opinion. I'm not a professional and this is my first idea, just wanted to try it out :D
Anyway, it will be interesting to see how it goes, and if I'm right or wrong. :)
So, based on the fibo extension I think it is highly possible GMT will reach 4.44$ level, it could potentially hit even the 5.92$ level (6$?) as coins usually do like to reach the 1.618 fibo.
Based on the graph I've marked few support/resistance levels with red lines, that seems to be working. Yellow line is just my entry level. The blue diagonal line is just a ,,global'' trend line, if the price falls below it and stays there for longer we might see a trend reversal and a longer downtrend.
This is not a financial advice, it's my personal opinion. I'm not a professional and this is my first idea, just wanted to try it out :D
Anyway, it will be interesting to see how it goes, and if I'm right or wrong. :)