GTC (Good 'Til Canceled) orders represent a powerful tool in the trading arsenal, allowing investors to maintain their position in the market without constant monitoring. Unlike market orders that execute immediately or limit orders with set expiration times, GTC orders remain active until either fulfilled or manually canceled by the trader. This flexibility makes them particularly valuable for those seeking to enter positions at specific price points without the need for continuous market surveillance.

The concept of breakout and retest is a fundamental pattern in technical analysis, often utilized by traders to identify potential entry points. This strategy involves two key components:

Breakout: This occurs when an asset's price surpasses a significant support or resistance level. Such movement is frequently interpreted as a signal of potential continued momentum in the same direction. For instance, if a cryptocurrency has been trading within a defined range, a breakout happens when the price moves beyond these boundaries, either upwards (bullish) or downwards (bearish).

Retest: Following a breakout, it's common for the price to revisit the previously broken level. This retest serves as a crucial validation step, helping to confirm the authenticity of the initial breakout. For example, if a digital asset breaks through a resistance level, it may subsequently return to test this level, which now functions as support. A successful hold above this new support level is often seen as a confirmation of the breakout's validity.

The phrase "Enter now and express gratitude later" suggests a trader's confidence in the market's potential upward movement following a confirmed breakout and retest. This perspective implies that after such a pattern, the price is anticipated to rise significantly, potentially yielding profits for those who enter the market at this juncture.

In this context, the recommendation to enter the market post-retest is based on the belief that the price has effectively broken through previous resistance, and is now poised for continued upward movement. This strategy is frequently employed in trending markets where traders anticipate momentum following confirmation.

For those considering entry after a breakout and retest, the rationale is to initiate a position once the market has demonstrated its readiness to continue its upward trajectory, theoretically offering a higher probability of success. However, it's crucial to approach such strategies with caution, implementing proper risk management techniques and not relying solely on a single indicator or pattern.

As with all trading activities, it's essential to conduct thorough research and consider multiple factors before making investment decisions. The cryptocurrency market, known for its volatility, requires careful consideration and risk assessment. Always remember that past performance does not guarantee future results, and it's wise to only invest what you can afford to lose.