Gifto Breaks Out Of Falling Wedge (50%+ Candle Today)

12 apr 2020

Gifto (GTOBTC) on Binance, decided to go on a strong breakout on a Sunday and print 50%+ today alone.

A new low was hit recently for this altcoin pair and today two major resistance levels are now being challenged, EMA10 and EMA50.

With the high volume we are seeing today, on a bullish candle close, we are looking at a potential change of trend for this pair starting now.

You can find multiple targets (magenta dashed lines) and support levels marked on the chart plus additional information.

Thanks a lot for reading.

Namaste.