$GNS Breakout pending
تم تحديثه
It's hard not to be bullish on GNS. Bitcoin reaching all time highs and a GGNS holding over 200 of them, having paid circa $93,500 for them provides an immediate return on that investment. I like what the company have planned for Jan 2025, with its education platforms.
At a price of less than a dollar per share, this appeals greatly to me. That combined with the chart set up. In a long downward channel, I expect any breakout to be violent. When you look at the daily, I see a bullflag forming. IF this is correct, my personal first target will be $2. Likely then a backtest before a lot more upside moving to ~$3.80.
The volume has been drying up, which is what we want to see in a bullflag.
At 70c this is a good gamble in my eyes.
I'll be waiting for either 2 daily closes, 1% or 3% break of trend for confirmation.
Not financial advice.
At a price of less than a dollar per share, this appeals greatly to me. That combined with the chart set up. In a long downward channel, I expect any breakout to be violent. When you look at the daily, I see a bullflag forming. IF this is correct, my personal first target will be $2. Likely then a backtest before a lot more upside moving to ~$3.80.
The volume has been drying up, which is what we want to see in a bullflag.
At 70c this is a good gamble in my eyes.
I'll be waiting for either 2 daily closes, 1% or 3% break of trend for confirmation.
Not financial advice.
تم فتح الصفقة
Big drop in the last couple of days, but still in the same channel. I'm still optimistic about this trade, keeping an eye on the weekly RSI.
Each drop into the oversold zone results in a large upside explosion. September resulted in ~70% upside, start of November resulted in ~196% upside off the oversold zone.
That is what i'll be watching.
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