here is the bullish and bearish technicals wait for breakout before entries
Educational . Not a trade tip Possible moon if it crosses 14.390 mark. Currently testing it's long-term resistance and can go back to at least 12$ if it fails. RSI suggests overbought, and GTC might be consolidating in its current zone for a few days
Yesterday , I posted this chart and within few hours $GTC started picking up heat even in a choppy market , now we can expect a retest of the previous resistance. On a successful retest , the resistance will turn into support and it is good to add to your positions in the fib range 0.382,0.5,0.618 , I will be adding in these three spots by splitting up , stop loss...
Theta facing so many resistacne above it and has to break all of it in the upcoming months , it will be a hard time for Theta to do it , local resistance is t 7.9-8.5 , I can't see any clear price discovery happened to theta in the short term after the triangle break , Triangle breakout also lacks volume , be careful before taking a trade too soon