GMT Waves distributive downwards

24 באוג׳ 2022

Hello my friends,

Today I want to talk with you guys about GMT
This coin seems to have started a heavy diametric correction which can lead to lower levels of price for us.
As you can see we have finished wave A and B and are doing down on leg C.
We can expect this wave to finish at around the end of pattern.

Most important if weekly candle end green, can give us a slight possibility for a relief rally upwards.
Currently investing on that coin is not advised.
After breaking through the support, we see a distributive move downwards

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If you have any questions, you can write it in comments below, and I will answer them.

Regards
Mirwais