EthanTW

GPT target 0.0126

Long
BYBIT:GPTUSDT.P   None
2h time frame
-
GPT is creating a potential triangle structure which bottom is around 0.008. Also, if this is a continuation structure, GPT is probably on the Elliott 2nd wave(correction wave), this makes us to expect higher target. Further, 0.0126 and 0.015 are obvious structural resistance, which could be our targets.
TP: 0.0126 / 0.0155
SL: 0.0074

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