GTAI - Breakout soon, 125% Profit in a few days!

13 Feb

The price of GTAI is inside a symmetrical range and is ready for a breakout to the upside! 130% profit in a few days should be easy if you buy this coin at the current price. We can see that the range is tightening, and usually a huge move is followed after one of the trendline breaks. There is only 1 resistance on the way up, and it's the previous all-time high from January 2024. After we hit a new ATH, the price will be in price discovery mode. It is always important to do an Elliott wave analysis to confirm our bias. In this case, we have a strong bullish Elliott Wave nest (1, 2, 1, 2), which is basically waiting for a breakout. The bullish setup is good from a technical perspective! 

Market cap - $12,226,686 - Rank #915
Volume (24h) - $18,926,683 - Rank #218

We can see that the 24-hour volume is very high, despite the fact that the rank is only 915. I would say this can coin 10x in the next few weeks without any issues. There is clearly an elevated interest in this coin.

The price is making higher lows, which is a definition of an uptrend from a technical perspective, as we can see on the chart.

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Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.

16 Feb

Catatan

The price is still inside the symmetrical triangle. Can make a breakout anytime now.