Let’s talk about gmt

GMT entered a daily level rise on October 12 last year, and was among the last batch of currencies to start. The first 4h-level rise only had three waves. On January 7, it began to pull back and enter a 4-h downward trend. By February 7, it rose with BTC and ETH. This decline was only a 1h-level correction, and the end of the decline could not be determined.

GMT entered the first line segment with too much force, so that the subsequent long and short line segments were in the most difficult consolidation form running inside it, until it reversed in a V-shape after a sharp decline on March 20. This ends the rise that began on February 7th, thereby confirming the decline that began on January 7th. At this time, dif is above the zero axis of the daily macd, the K-line is strongly divided, and the structure is at the 4h level 2 buy. The profit-loss ratio is very cost-effective. All things considered, it is a suitable trade, so you can intervene and wait.

Currently, this currency still has great potential to rise. However, it has already increased by 75% from the starting point on March 20. It is unrealistic to chase long here at this moment. Once it is over, heavy positions will be involved. Just go bankrupt. #GMT #BTC