$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.
Technicals for both USD and BTC pairs meeting almost perfectly.
Very low reward to risk trade (66:1).
SL: Price must CLOSE below 652 on the Daily. DO NOT get stopped out on a quick squeeze. Will likely take another day or two to start moving.
The GTOBTC is forming different harmonic patterns with continuity and strong commitment and up-trend.
Even though the spike of pirceline went beyond the buying zone but sofar no candle stick could be closed completely below the buying area moreover the up-trend line also cannot be broken.
Therefore I am expecting a bullish reversal from here insha Allah.
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.
$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...
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 :...