Technical analysis by TypicalTraders about Symbol GTC: Buy recommendation (12/12/2024)

An identical chart can be seen with many lagging altcoins: -97%, tanked right after listing in 2021. Currently ranked #552 on CoinMarketCap, if that means anything to you. Overall, this is a low-liquidity asset, but it will pump eventually; a complete collapse is unlikely.Targets are marked on the chart. The potential is significant, but keep in mind that a pullback to $0.56 and $0.32 is possible. For an active phase, the asset needs to break out of the descending channel. You can set a trigger order to buy slightly higher or avoid overthinking and buy at market price, then accumulate more if it drops. Overall, it’s already a cheap asset.