Today I would like to consider the situation with GFT, which I consider working with first along with VIB. The second half of the quarter opened above 0.015, which gives a signal to support purchases. Overtrading in the range of 0.0150-75 is almost complete and if it consolidates above the upper limit, we can prepare for a transition to the flat range near the key level for volatility growth of 0.025 +-0.0025. In case of a successful breakout of 0.025, the road to 0.035 and 0.050 will open. With a positive scenario, a new monthly candle will open above 0.025, in which case the trend continuation will be quite confident. With a more negative market from the test of 0.025, we can see a rollback, in which case a new opportunity will form to profitably top up the position in order to continue the trend in the new month. As I have mentioned many times GFT has very high liquidity due to its wide presence on exchanges and the availability of derivatives. The only thing holding the price back from rocketing is the monitoring tag on Binance, which I think will be removed in the future.
A similar reversal pattern was worked out on VITE. Technically the picture is similar.
