Description
⋅ Today we take a look at Gifto / Bitcoin
We currently have several confluences for a potential rally upward
- Demand Zone has held well throughout this period near our lows
- RSI Strength
- Profit potential up - 55% from our current levels
An invalidation of this idea would be a break and close below our blue box.
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Comment
⋅ Stop losses have been raided & we closed back above range. Expecting upward movement
Trade closed: stop reached
⋅ Trade Idea has been invalidated
Comment
⋅ Gifto must enter back above our range. Otherwise it will enter Price Discovery
Order cancelled
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