AlanSantana

✴️ Gifto Recent Action Confirms Recovery (Name Your Altcoin)

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OKX:GFTUSDT   Gifto/Tether
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 volume dropping sharply and an initial bounce happening perfectly at the 0.786 fib. retracement level relative to the breakout.

This price action pattern indicates that the bulls are just waking up, a continuation can easily happen... Remember that the charts can change though.

👉 GFTUSDT will remain strongly bullish above the last low.
You can zoom out for additional targets; more details on the chart.

Namaste.

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