Updated
GMT & GST
Video Analysis of GMT & GST from a purely technical view.
Overview of previous and recent price action along with what Ill be looking for in the next trade.
Points not mentioned in the video:
The GST price action || Blow off top, strong sell volume, & retrace to last level doesn't suggest strength to me, but rather a natural pull back after an impulse move.
I Stated in the video what Ill be looking for, for a short trade. Otherwise I dont want to long it.
The tokenomics for this project is very unique and "new" to the space imo. Im not convinced its sustainable, however time will tell. I do know that when the wheels fall off it'll be a good short, but I wont be in a rush to find that trade just yet.
Previous Analysis linked.
Overview of previous and recent price action along with what Ill be looking for in the next trade.
Points not mentioned in the video:
The GST price action || Blow off top, strong sell volume, & retrace to last level doesn't suggest strength to me, but rather a natural pull back after an impulse move.
I Stated in the video what Ill be looking for, for a short trade. Otherwise I dont want to long it.
The tokenomics for this project is very unique and "new" to the space imo. Im not convinced its sustainable, however time will tell. I do know that when the wheels fall off it'll be a good short, but I wont be in a rush to find that trade just yet.
Previous Analysis linked.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.