$GTO Didn't get to tweet this setup before it reached 1st target...=(
Anyway... #GTO bounced from support at ~633sats
The pump comes from the news of being added to Binance "DEX" chain
Entering now is risky, wait for a pullback or break (with retest) of current resistance.
I hope you have benefited the MTL in the first target .
Now , we're going to look for a new currency that has asymmetrical triangle pattern and may even start to profit right now ,because it has got a lot of volume.
Commodity : GIFTO
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit :...
Trade Duration: Short
Signal Strength: High
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 across any...
$GTO Resistance at ~850sats flipped into a support, Potential ascending triangle in play..
UCTS buy signal active (12%+)
RSI starting to rise, MACD (deciding...)
Volume is still not there...
ABCD bullish pattern on the 12h
EMA200 as first target, ~1140sats as 2nd...
GTO slowly reversing. Possible another price spike in near future. Note there are lots of bagholders around 840 and 900 area, so price may dump from there.
Buy zone around 750 - 760 - as close as possible to support
Targets marked at chart - 840 - 875 - 890 - 950
Stop loss below support, somewhere under 737
That's the exact moment the GTO could peak out.
The following occurs:
1) We finish the 1/1 wedge and move into the bullish 2/1 wedge.
2) GTO, like most small cap coins is heavily manipulated. The last two spikes occurred at 1700 so why not this one too? ha.
Target (top blue line). 1198.. or let's just go with an even 1200.
Target 2 is the 1.618 fib...
Gee, I don't know... what do you guys think?
Looking to break up impenitently from this triangle on the 4H.
Zone out the see the daily on the Gann. See how the price broke upon crossing the 2/1? expect a similar wave with minor waves within to playout.
Target for this round - 1137
Longer term, next break out could be as late as may '19
I like GITFO for its...
$GTO building momentum in what looks like an ascending triangle.
Hodling above EMA100 on the daily could be big, didn't happen since April18 where price spiked over 100%.
RSI & MACD are rising..
Set alerts above current breakout in case that it gains real volume #GTO