Today I want to consider the situation with GFT, which, along with VIB, I am looking to work with primarily. The second half of the quarter opened above 0.015, which gives a signal to maintain purchases. The trading in the range of 0.0150-75 is almost complete, and if it consolidates above the upper boundary, one can prepare for a transition to a flat range around the key level for volatility growth of 0.025 +-0.0025. In the case of a successful breakout of 0.025, the path to 0.035 and 0.050 will open. In a positive scenario, a new monthly candle will open above 0.025, in which case the trend continuation will be quite confident. In a more negative market, from the test of 0.025, we may see a pullback, in which case a new opportunity will form to profitably add to the position with the aim of continuing the trend in the new month. As I have mentioned more than once, GFT has high liquidity due to its wide presence on exchanges and derivatives. The price is held back from a rocket only by the monitoring tag on Binance, which I think will be removed in the future.
A similar reversal pattern was worked out on VITE.$VIB #BinanceBlockchainWeek