Gifto hit the target of inverted Head and Shoulders from my previous idea.👇
Now I have a new setup for ya: Price broke up this triangle 📐 and I think there is chance for run to 0.188 and even higher. Setting BUY LIMIT order to catch the pullback. GTO just give it to me!🎁
ENTRY : local high @ 0.06836
SL : local low @ 0.0296
TARGET : height of the triangle...
Gifto broke up this triangle 📐 and I think there is chance for run to 0.0832 and even higher. Setting BUY LIMIT order to catch the pullback to previous range high. GTO just give it to us!🎁
ENTRY : local high @ 0.0680
SL : local low @ 0.0639
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 0.0832
RRR : 3.7
...
GTO just breaking the neckline of Inverted Head and Shoulders. Bought below the neckline @ 0.0485 in anticipation of breakout and further rise. So far so good. Targets 0.0764, 0.1 and 0.14. Invalidation below right shoulder.
#gifto #gto token has been reduced in price behavior on large timeframes, it has been in a downtrend since 2018, but the general trend has changed to an upward trend with the formation of one of the Wyckoff models and the next targets have been retested 0.1 $ 0.3 $ 1 $ 3 $ 5 $ must Bear in mind that it is possible to retest $ 0.2 before completing the wave
GTO/BTC
-Gifto bounces strongly at the 200D MA dynamic support
-Currently testing recent local resistance at 98 sat area
-If we can see a good breakout above this region with volume
-It will signal a potential short term reversal
-You may enter on breakout confirmation or pullback
-This is a momentum trade setup, stop loss should be tight
-Upside target the...
GTO/BTC
-GTO broke the descending channel to the upside
-the price went up over 50%
-potential Long trade between 75-70 sats (pullback)
-upside target is up to 107 sats
-stoploss below 65 sats
GTO, like all altcoins, the main trend is downward . Which formed a downward channel. A minor trend since August formed a lateral movement in the channel with a step of 25%.
The price is now at the critical support area. Perhaps we will see her breaking through, possibly a false breakdown. If there is a break through and the price consolidates under...
Pair: GTO/BTC
Exchange: Binance
Trade Duration: Short
Risk: Low
Signal Strength: High
Introduction
Gifto, which stands for Gifting Protocol, is a universal protocol that is based on the Ethereum blockchain. GIFTO offers a self-governing and self-sustaining system for blockchain based virtual gifts to be created, curated, bought, sent and exchanged...
GTO finished it's downward movement and started going sideways which indicates that it's in an accumulation zone.
Great time to buy.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Price action is forming a ascending triangle. Targets and Stops are in chart.
If you have any questions. Post them below or send me a Dm. I would be happy to help
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