NeoButane

GTOBTC - TA/FA says UP

BINANCE:GTOBTC   Gifto / Bitcoin
Annotated in chart.

Possible falling wedge but lacks candles touching trend lines .

Entry zone: 4000-4100. Price volatility within the red trend lines .
Stop loss: 3900. This is being pumped because of the Binance event.
https://www.binance.com/activity-GTO.htm...

Target: Above 5000 sats if the three white soldiers appear. Otherwise pull profits at 10-20%.

Critique appreciated :)
Comment:

POC around 4500, bottom should be around 4000. Break out possible. Watch BTC price and set stop loss.
Crpyto tips appreciated! You can't lose value on what you don't have ; )
Lightning network:
https://tippin.me/@NeoButane
BTC - 36GUCF9CAzrtgkXs199NELscFcc8bnchE1
XRP - rf5rHXUAgdUh3YbgaqeW8VWfoRwnTXNN48
Its falling really bad, what is your updated opinion. Can you do another TA?
Reply
NeoButane KaleemUllah
@KaleemUllah,
I hope you're selling only now haha.
https://www.tradingview.com/chart/V7y9eWC0/
Looks like bots waited for it to drop in price before buying out the orderbook to fill in their pockets for the GTO contest. It seems like it will only drop from here, there's not much buy support at all. I would sell now (if you haven't already) and buy back in under 4000 sats if possible to be safe. The average value for GTOBTC is usually 3000 sats, give or take.
Reply
NeoButane KaleemUllah
@KaleemUllah
There's an uptick in RSI and a green candlestick forming just now. It may possibly be going up again
Reply
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