}
Hi dear friends, hope you are well, and welcome to the new update on Gifto ( GTO ) token with Bitcoin pair.
On 12-hour time frame chart, the price action has formed final leg of bullish Gartley pattern. There is also 25 simple moving average support in buying zone.
https://www.tradingview.com/chart/GTOBTC/QRnlSL9a-Gifto-GTO-bullish-Gartley-for-upto-35-move/
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00000180 to 0.00000164 btc
Sell between: 0.00000192 to 0.00000222 btc
Stop loss:
The maximum extent of potential reversal zone 0.00000811 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 35% and the loss possibility is 9%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For more harmonic trading ideas you can join:
https://www.patreon.com/moon333
Link for Binance exchange, the best place to buy or sell Crypto: