GMT looks like a rocket (1D)

GMT, unlike other altcoins, is in a valuable range.

We have a symmetrical pattern with time-price similarities. Each bearish wave has dropped approximately 80%. Now, the last bearish wave of this symmetrical pattern has also dropped 80%.

The green zone is considered a valuable range for this coin.

The bullish legs of this pattern have usually exceeded 200%.

Since we are in the final bearish wave of this pattern, we should expect a post-pattern move.

This move will be sharper and faster than the previous bullish legs because it is not corrective but post-pattern. If the count is correct, we should see a +200% bullish move from this coin.

A buy opportunity can be considered in the spot market within the green zone.

If a daily candle closes below the invalidation level, this outlook will be invalidated.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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