🏦 #GTAIUSDT (GT Protocol) 🕓 Time Frame : 4H 🔼 Status : Bullish 📆 26/07/2024
Overview: Let's dive into another analysis of #GTProtocol! The price moved exactly as expected, rising from the identified demand zone and achieving a solid 25% growth, hitting the target at $0.91 where the liquidity pool was located. This was followed by a price correction. Over the past two weeks, this analysis has yielded a total return of over 65%.
Key Observations: Initial Rise: The price rose from the demand zone and achieved 25% growth, reaching $0.91. Correction: After hitting the target, the price experienced a correction. Current Market Situation: Demand Zone: The price has returned to the demand zone between $0.63 and $0.67. Stabilization: If the price stabilizes above this crucial level, another upward move is anticipated.
Forecast: Short-Term Return: Expected return of 40%. Medium-Term Return: Potential to exceed 70%.
Conclusion: GTProtocol's price action has followed the expected path, achieving significant gains. With the price back in the demand zone, the potential for further growth remains strong if stabilization occurs above the $0.63 to $0.67 range.
Keep an eye on the 7400 level, it may cause stress :)
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.