SJay17
Long

GTO - rebound off 618 fib to higher high

BINANCE:GTOBTC   Gifto / Bitcoin
A little bit hard with this one as it doesn't have a lot of history. Looks like after the recent run it is consolidating between the 618 and the 50, rejection of the levels below 618 is a bullish sign for me. Should we get a few closes above the 50% line it would suggest that the uptrend is still valid.

What got my attention on this coin was a bot showing that large orders of around 70btc had been filled over the space of 15 mins (multiple signals this week), figured it was worth looking at.

As we don't have a previous higher high to go from, target is set with the 1.618 fib, let's see how this goes
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