1. An overview analysis of the monthly trend of GT ( is for technical reference only, not investment advice)


Recent price analysis:
In the near future, after a period of strong growth, the market has recently declined sharply and surpassed the important support level of 8.259. This indicates that the market may be entering a correction phase. The candlestick pattern shows a contraction from the peak and a weight loss signal from the adjusted indicator, indicating that investors need to be cautious about the market's correction risk.
From the custom index term 'Peak and Bottom Strategy + Pending Order', the market has signaled a decrease in weight, implying the possibility of an adjustment pressure. At the same time, 'Super Trend 4.2 Warning' also indicates the market may enter a correction phase, although the overall uptrend has not been completely broken.
Recommendation: The market is currently in a correction phase, investors should be cautious. It is suggested to observe the market's reaction when the price is near the important support level of 8,259, if the support is effective, consider gradually opening positions. At the same time, pay attention to market fluctuations and index signals, if there are signs of further decline, it is necessary to cut losses in a timely manner to control risks. Before the market can effectively break through the resistance point of 20,916, it is recommended to maintain a wait-and-see attitude, waiting for clearer trend signals.
2. Technical analysis
Candlestick pattern: Recently showing a downward trend, accompanied by decreasing volume at the top.
Peak bottom strategy + pending order: Indicator signaling high weight decrease, warning of market correction risk.
The indicator shows that the market may enter a correction phase, but the overall upward trend has not been broken.
3. Potential buying and selling points
Buy point: 8,259 USDT ( near an important support level, which may create a rebound opportunity )
Stop loss buy point: 5 USDT (When the price touches the previous low, confirm the downtrend)
Sell at point: 20,916 USDT ( near an important resistance level, there is a risk of correction)
Stop loss: 25 USDT (Breaking the previous peak indicates the uptrend to continue)
This translation is for reference only. You can switch cycles, quickly analyze candlestick charts, and generate detailed analysis!
1. Comprehensive analysis
Recent price analysis:
In a short period of time, after a significant increase, the market has recently experienced a sharp decline and broken through the important support level of 8,259. This indicates that the market may be entering a correction phase. The candlestick pattern shows weakness at the top, combined with a decrease in volume signal from the custom indicator, suggesting that investors need to be cautious of market correction risks.
From the perspective of the 'Peak and Trough Strategy + Hidden Order' custom index, the market has signaled a high proportion of decline, implying the possibility of correction pressure. At the same time, 'Super Trend 4.2 Warning' also suggests that the market may enter a correction phase, although the overall uptrend has not been completely destroyed.
Suggestion: The market is currently in a correction phase, investors should be cautious. It is suggested to observe the market reaction when the price approaches the important support level of 8,259. If the support is effective, consider building positions slowly. At the same time, closely monitor market fluctuations and indicator signals. If there are signs of further decline, it is advisable to cut losses in a timely manner to control risks. Before the market can effectively break the resistance point of 20,916, it is recommended to wait for clearer trend signals.
2. Technical analysis
Candle shape: Recently there has been a downtrend, accompanied by a shrinkage at the top.
Peak and bottom strategy + Soaked order: The indicator signals weight loss at high positions, warning of market adjustments.
Warning of a super strong trend 4.2: The index indicates that the market may enter a correction phase, but the overall upward trend has not been broken.
3. Potential buying and selling points
Buy point: 8,259 USDT ( near important support area, could create recovery opportunity)
Stop loss buy: 5 USDT (When the price breaks the previous low, confirm the downtrend)
Sell point: 20.916 USDT ( is near a significant resistance level, there is a risk of correction)
Stop-loss selling point: 25 USDT (breakthrough the previous peak, indicating a continued uptrend)
This translation is for reference only. You can change the period, quickly analyze candlestick charts, and generate detailed analysis!
GT-1,06%
D-0,15%
CHO0,13%
G6,57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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