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The Expected Path for the Digital Currency #GMTUSD ๐บ๐ธ on the 1-hour Timeframe
Expected Upward Wave ๐ฅ๐ฅ
โจ The price has completed an upward motive wave, labeled as wave (1)/(A), followed by sideways movement ๐ that may form a triangular pattern from a zigzag wave.
โจ Based on this sideways pattern ๐, we expect to see an upward motive wave.
The target for this wave is 0.0971 ๐ฏ
๐ To confirm the upward outlook:
๐ We need to see a breakout ๐น above the upper boundary of the triangle pattern.
๐ A breakout ๐น above a key confirming level.
โ ๏ธ Notes
๐ Consider the possibility of an alternative scenario, which could involve a deeper correction as shown in the chart. ๐
For Our Daily Premium Analysis ๐ : https://t.co/pzApvDSbYX
For Our Educational Program ๐ :
https://t.co/CRUph7e5PO
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#GMTUSD ๐บ๐ธ Wave Outlook for Digital Currency on the 1-Hour Timeframe
Fourth Wave in Formation ๐
Key Points:
- At first glance, the price movement shows a break of a base price channel through a wave labeled as wave (3) of wave 3 ๐.
- This wave is followed by a sideways movement that could ultimately form into a triangle pattern ๐, supporting the expectation of another upward move ๐.
- The wave structure of the triangle pattern must be completed.
Expectations:
- If a key level for this wave is broken, along with the lower boundary of this pattern, the expected downward move will be confirmed ๐.
- The potential targets for wave (5) of wave 3 range between 0.1190 and 0.1144 ๐ฏ.
โฌ๏ธ This movement will be part of a larger degree upward wave.
For Our Daily Premium Analysis ๐ : https://t.co/pzApvDSbYX
For Our Educational Program ๐ :
https://t.co/CRUph7e5PO
#elliottwave #tradingview #technicalanalysis #swingtrading #waveanalysis #BTCUSD #cryptocurrencies #btctrading #forexdubai #forexeurope #forexuk #ETHUSD #tradingstrategies #priceactiontrader #ethereumtrading #ethereuminvestment #ethereumprice #bitcoinsignals #priceactiontrading #forexmalaysia #forexespanโol #forexfrance #tradingacademy #forexaustralia #bitcointrading #Dogecoin #GMTUSDT

Wave outlook for the digital currency #GMTUSD ๐บ๐ธ on the 1-hour time frame:
More upside potential? ๐
๐ The price has formed a leading diagonal followed by a corrective zigzag pattern representing wave (2)/(B) ๐
๐ก Despite the weakness of this short-term uptrend, there is a possibility of seeing an upward wave towards the level of 0.2840 or even further to the level of 0.3359 ๐ฏ
โ ๏ธ However, to confirm this, clear momentum supporting the uptrend and a breakthrough of the primary channel from above must be observed ๐
For Our Daily Premium Analysis ๐ : https://t.co/p1Y24s1hGoโฆ
For Our Educational Program ๐ :
https://t.co/XBwdSyq4uPโฆ
#elliottwave #tradingview #technicalanalysis #swingtrading #waveanalysis #BTCUSD #cryptocurrencies #btctrading #forexdubai #forexeurope #forexuk #ETHUSD #tradingstrategies #priceactiontrader #ethereumtrading #ethereuminvestment #ethereumprice #bitcoinsignals #priceactiontrading #forexmalaysia #forexespanโol #forexfrance #tradingacademy #forexaustralia #bitcointrading #Dogecoin #GMTUSDT

$GMT/USDT
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If breakout confirmed , #GMT will pump hard

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GMTUSD The MACD Bullish Cross about to send it to a new rally - #GMTUSD chart on @TradingView https://t.co/cFJyMHNukx
#GMTUSD $GMT falling wedge breakoutโ
๏ธ

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