jdharward

Gitfo looking very bullish for start of wave 3

Long
jdharward Updated   
BINANCE:GTOBTC   None
Not financial/investment advice. Invest at your own risk.


GTO breakout on the daily. Looking very bullish on a my major indicators.

Do not pay attention to the time line. The targets can happen in rapid succession or played out.

Everything is fractal.



Could retrace slightly more down to 730 before pumping to 1280-1340.

From here, the trend could totally end.

Really depends on what bitcoin does. If bitcoin remains bullish, then we could see a 5th wave in GTO and many other alts play out.

If this is wave completes, my wave 5 target is marked in green but this is crypto and STRETCH targets of 1788 to 2038 are quite possible.

Comment:
Possibly breaking out - currently at 820 and pushing forward.
Comment:
Looks like consolidation going on with sudden price spikes of 8-10% along the way.
Comment:
Nice closing on the daily and 4H. Closed above a long term bullish line.
Volume is coming in. Looking bullish.

Ignore the time frames on the chart, pay notice to my targets.

Specially "Could retrace slightly down to 730 before pumping to 1280-1340".

The retrace to 730 was spot on. Let's see if the next end of Fibonacci can play out.
Comment:
Comment:
Been holding at .382 retrace of the most recent mini impulse wave. Indicators point to surge.
Comment:
Trade closed: stop reached:
GTO was doing pretty good but fell out. Current support is 700. Indicators are saying buy so we'll see what happens in the next few days/weeks.
Comment:
700 is strong support. Good spot to buy. Targets still in place. Expecting to break 1100 at a minimum.
Comment:
Updated wave count


Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.