Updated
GTOBTC - will history repeat?
GTO (GIFTO) has a great potential in coming few days. Ichimoku cloud shows bearish trend ahead but the average price will be up trending. The volume is pretty low but that should pick up as GTO is releasing its BETA version by end of this month. Good entry position, take profit at Fibonacci levels.
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Thanks
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud investopedia.com/terms/i/ichimoku-cloud.asp
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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.
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.