Another very easy to read chart with strong, confirmed signals... Gifto (GFTUSDT).
The bullish breakout late September reveals everything.
After a 'bearish consolidation' phase comes this breakout which is really big and supported by high volume.
The ensuing action is just a classic retrace that follows a break of resistance.
This statement is supported by...
GFTUSDT was in a Bullish trend, but it made a Bearish divergence and continued to make Lower Highs. Support and Resistance are already mentioned on charts. We will take the trade after the break of Support.
Happy Trading :)
Friends, this currency has risen 147% in the last one month and it seems like a good time to correct. I have determined the possible targets according to the harmonic pattern.
Good luck
Karim Heydari
The Range Action Verification Index (RAVI) is a technical indicator used in trading to measure the strength of a trend. It compares two simple moving averages (SMAs) to determine the market's momentum.
To calculate RAVI, we subtract the shorter SMA from the longer SMA, and then divide the result by the longer SMA. This value is then multiplied by 100 to express...
GFT, a unique cryptocurrency with a mission to revolutionize the financial landscape, was released for trading on OKX on February 8, 2023. While initial interest was short-lived, GFT soon caught the attention of traders amidst a sudden and aggressive sell-off triggered by BTC's stagnation on Sunday, 26th, 2023. Despite an 85% drop from its release price, GFT found...
NinjaTrader is a popular charting software widely used for trading analysis and execution in financial markets such as stocks, futures, and forex. It provides rich features and tools to assist traders in technical analysis, trade strategy development, and trade execution. When I discovered a built-in channel technical indicator in NinjaTrader and became interested...
Hello to traders and investors from across the globe! I'd like to introduce you to an exciting crypto that has recently captured my focus: GFTUSDT!. As I've observed, its price chart seems to be forming a classic Elliott Wave Flat Pattern. Looking ahead, we've successfully traded above the peak price of wave (b) within the (a)(b)(c) decline, marking the onset of...
The price is under a big resistance at the moment, a big weekly liq. level +TR Pocket+ 2 kind of FIB.FAN t ,what can give us a bigger and stronger area (I pulled both of same top, but at the first pull is from the bottom one, the second is from the last low). At this situation i can see a failed auction type of move, after some time, when the price would come...
GFT appears to have completed its Elliott Wave structure with the culmination of the Wave 5 along with a bearish divergence on the 4-hour time frame. VWAP has signaled a transition in the money flow, particularly subsequent to the most recent bearish 4-hour candlestick closure. Projection-wise, Wave A seems like it's heading to the .618 Fibonacci retracement level...
we just follow the Dow theroy here. first trend is bullish after that it breaks the last HL and make first LH and LL after that trend is bearish.
we wait for the breakout of last LL>
Gft consolidated on the psy lo for the last 4 days , reformed support, retested the daily open, reformed and retested trendline, about to pump to resistance.
Leverage 20x
GFT has broken out on the 1 hr retesting the trendline will go to test resistance.
take profit is whatever your is either resistance level leverage 10x-20x
Do not trade isolated 20x guys u will surely depart from your money
GFT is an older coin that use to have much more pairs (on binance)
Binance decided to move this project to the innovation zone (as a warning)
This chart looks messy. The sell signal was validated on this time frame.
Trying to "catch a falling knife" is not my suggestion here (to buy)
For us who have been "in crypto" for the past years we know about this drops...
