VinnyTheTrader1

GTOBTC - will history repeat?

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BINANCE:GTOBTC   None


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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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 www.investopedia.com...i/ichimoku-cloud.asp
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