GTC seems to be in some sort of wedge

11 thg 11, 2021

Bottom around 1. Top around 121. Still EZ 10x for the bulls.
Bears could also drop it down 90% from its current value

27 thg 11, 2021

Ghi chú

Comment: 200% breakout, the chart should cooldown for now. I doubt it will immediately find support above 20 USD.
If you are looking to get in I'd get in around 15 USD, if BTC allows that.
The fib potential just isn't juicy enough right now, its only a 4,48x from here to the top of the fib.

If you want a 4x you should go to r/investing

27 thg 11, 2021

Ghi chú

Sometimes coins take off and never look back at any level it broke previously.

In this case I do think this initial breakout is not going to last.
If it would have been like this (green path below) I would be more confident that a price above 26USD would be sustainable.

1 thg 12, 2021

Ghi chú

0.618 / 15 USD range could be indeed turning into support.
The first target now is the obvious 20 USD.
The long(er) term target is the 1.618 at 15 USD
Down below we still have the 0.382 begging to be turned into support, at 8.50 USD

22 thg 12, 2021

Ghi chú

Clear support on the 0.382, this one is too easy to call.