blackriver85

GIFTO seems in trouble (high risk - for holders)

OKX:GFTUSDT   Gifto/Tether
GFT is an older coin that use to have much more pairs (on binance)
Binance decided to move this project to the innovation zone (as a warning)

This chart looks messy. The sell signal was validated on this time frame.
Trying to "catch a falling knife" is not my suggestion here (to buy)

For us who have been "in crypto" for the past years we know about this drops and then
sudden reversals happening (market makers play with ppl feelings -when they can)

Beware :
Binance will move the following assets into the Innovation Zone on May 10, 2023:

AMB, ARK, BTS, DREP, FTT, GFT, JASMY, LOOM, MLN, OAX, OMG, PERL, PNT, SNM, SRM, VGX, WRX, and YFII

Comment:
update: bitcoin dropping puts A LOT of Pressure on many altcoins. Some are dropping very fast (mentioned above - Innovation Zone
Comment:
some coins from the Innovation Zone started to move North. This pair may pump to reach the target. Not financial advice.
Trade active

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