Hi everyone ๐๐ฝ
๐ Wish y'all have a profitable lifestyle ๐
๐ GFUSDT- H:4 Time frame - Heikin Ashi
๐ Bull flag - Supply demand zone - NFT - Gaming
๐ So, we know this year NFT and a lot of gaming coins have played a very big role on crypto currency and also attracted a lot of attention to the community!
๐ GuildFi project is one of them and I have looked at its chart since the beginning of its launch
๐ Based on GFUSD whitepaper the main sentence is: " GuildFi aspires to create an interconnected ecosystem of games, NFTs, and communities, to maximize players' benefits and enable interoperability across the metaverse. "
๐ Based on technical analysis we have formed:
1- Bull flag along with its perfect Elliott waving
2- A bullish regular divergence in H:4 time frame
๐ We have a very important support zone which is allocated with the bottom of the parallel channel; if the support zone is broken my TA is invalidated for mid-term
๐ Based on Elliott wave analysis price has already finished a 3rd wave and will be completing the 5th wave at the red top
THIS IS NOT A FINANCIAL ADVICE
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION
GOOD LUCK
NP TRADER