Panjang

GNTBTC Long term long opportunity showing the bulls have arrived

505
GNTBTC

Good long term opportunity.

Been in consolidation for a few months, creating a W formation within the channel. Completion of this pattern is happening now.

Last night we poked above my area of interest at around 772 and I’m now looking for a solid bodied candle close above this area and then a retest on the daily which is where I will take an entry. EMA’s have crossed bullish and started to turn up also, giving me confidence in this trade.

Many targets along the way from 68-over 570% potential profit. Will reassess at each level.

Penafian

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