GMT break-out

13 lip 2023

GMT is breaking out its trendline since Mai 2022.

Volume indicators CMF and MFI are also breaking their trendline.

Massive pump is very likely, specially after the good news from XRP today (XRP named not a security).

Short-term TPs are Fib 0.236 and 0.382.
Mid-term TPs are Fib. 0.5 and 0.618.

16 lip 2023

Uwaga

GMT is still consolidating in an ascending triangle. Buy volumes have been increasing and this indicates the rising interest for GMT.

17 lip 2023

Uwaga

GMT is breaking the Resistance (sooner than expected).
+13% from entry

17 lip 2023

Uwaga

GMT is among the top performing cryptos, today.
+19% since entry.

18 lip 2023

Uwaga

Mid-term view with targets (Fib 0.236 and Fib 0.382) does not change for me.

Short-term view: GMT hit the resistance trendline of the channel and come back to retest the horizontal resistance area. See chart below

21 lip 2023

Uwaga

GMT is close to high liquidity zone. I expect a bounce at $0.22

23 lip 2023

Uwaga

GMT has touched the $0.22 area and is bouncing

24 lip 2023

Uwaga

The trendline was broken due to BTC's drop today
GMT is retesting the long-term trendline