EthanTW

GMT - Buying strategy

BYBIT:GMTUSDT   GMTUSDT SPOT
GMTUSDT
1H trend chart
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GMT keeps consolidating and the low points are getting higher gradually.
If price can overcome the downtrend line, trading strategy as below.
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Profit Targets:
a) 1.7342-----Fib(1)
b) 1.987~2.0893-----Fib(1.272~1.382)

Stop losses:
a) The relative low point after breaking out downtrend line-----Red horizontal ray
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