Long
$GTO/BTC 12h (Binance Spot) Falling wedge breakout
Gifto is looking bullish and so oversold on HTF (High Time Frame), no way to miss out on that gem!
Current Price= 0.00000041
Buy Entry= 0.00000042 - 0.00000038
Take Profit= 0.00000066 | 0.00000087 | 0.00000120
Stop Loss= 0.00000030
Risk/Reward= 1:2.6 | 1:4.7 | 1:8
Expected Profit= +65.00% | +117.50% | +200.00%
Possible Loss= -25.00%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 month
Current Price= 0.00000041
Buy Entry= 0.00000042 - 0.00000038
Take Profit= 0.00000066 | 0.00000087 | 0.00000120
Stop Loss= 0.00000030
Risk/Reward= 1:2.6 | 1:4.7 | 1:8
Expected Profit= +65.00% | +117.50% | +200.00%
Possible Loss= -25.00%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 month
Trade active
First entry filledGifto almost instantly pumped +41% after we called it, what a great start!
Then it retraced a bit and now supported by 100EMA, I am manually buying a bit more here.
Trade closed: target reached
TP1 reached with +65.00% (1x) and +2.6RGifto is a winner, taking some great profit here and letting it run for higher targets!
Trade closed: target reached
TP3 reached with +200.00% (1x) and +8RGifto went crazy bringing up to +570% from entry is you dared to hold to the local top!
Now seems to be forming a bullish pennant, I would not be surprised if it keeps rising...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.