Crypto Contest February 12: GMT

in blurttradinghub •  17 days ago 

GMT (Binance: GMTUSDT) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of scale))

Elliott Wave Analysis

In Elliott Wave terms, GMT began a red wave one advance on October 11, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 7 this year and the red wave two (blue sub-waves a-b-c) correction ended on February 7. If this wave count is correct, GMT should be heading next towards the January 7 peak in the red wave three.

(Chart courtesy of scale))


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How Will GMT Trade?

GMT (Binance: GMTUSDT) daily chart by Tradingview.

(Chart courtesy of scale))


I will be giving upvotes to the correct answers (posts only).


This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

GMT will takeout the January 7 peak

GMT will drop below the October 11 low

GMT will stay in a trading range between the October 11 low and the January 7 peak until March 19

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  ·  15 days ago  ·  

GMT will drop below the October 11 low

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