This is a pick for the entire month of February. Believe me, it's looking really good.
GTO has been on Binance since a bit more of a month,it has only known the Binance market under a heavy correction. On the day chart, MACD is about to go positive with BTC bouncing from the support lines. It's down from its ATH in January, and it's worth noticing that on Binance, its MACD was never positive since its launch on the daily ! What that means is really huuuuuge potential when it crosses. like really huuuge.
To support this theory we obviously have a really low RSI on the daily, which means good potential as well if this jumps. So to be clear, GTO could prove to be a "100% in a month" coin if it confirms its potential on the TA side.
On fundamentals, the project seems good and useful. It's about making virtual gifts. Very healthy community on Reddit, which is a VERY IMPORTANT POINT. This is not a coin which will behave like TRX :) So yeah, if you want to invest in this coin and wait for the end of February, there are good returns awaiting for you. However, pay really attention to the BTC situation. If it drops again, you may close the trade.
As always, don't invest blindly on the coin I'm analysing. Do your own research and pay attention to the market sentiment for BTC 6.88% -0.06% before investing.
@Dieter1983, there might be a price manipulation that triggered a FOMO breakout, but as I said in the post, it was due to big growth anyways.
Dieter1983
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@Oklassay, what do you think on long-term hold of3- 5years? Worth it or not good enough to survive?
Thx
Oklassay
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@Dieter1983, on really long term holds you'd need a coin that has a really good working product linked to it. I think there are much better investments out there in the crypto space though I'm a short term trader so I don't have any good recommendations.