TheAnonymousBanker

STEPN ($GMT): "Classic" or "Irregular" wave B ?

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BINANCE:GMTUSDT   GMT / TetherUS
Hi everyone!
As clearly shown on daily chart, the main trend is bearish, but at the same time, in mid term, some technical (bullish) rebound is possible which we can use as Trade.
From a technical point of view, $GMT is showing a corrective structure (ABC) which could develop with two scenarios: Wave B above the previous bottom, or irregular wave B, with a new low before triggering a new rally (bullish leg).

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consolidation in play....
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By Anonymous Banker
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