The consolidation continues.. I've copied the flag structure and superimposed it from the continued consolidation for what a breakout might look like as many times the next breakout follows at least the length of the last flag pole.
Update: Currently there is only a bridge from eth VALUE to bsc VALUE. THere is no bridge back. This causes the price of gvVALUE to lag behind VALUE because there are no arbitrage opportunities. This bridge should be done within the next 24 hours. When this happens, we can either take our gvVALUE and convert it back for 1.09 * VALUE and bank, or the market will be able to come to an agreement and we bank also! I think that is the catalyst that we're waiting for.
Update: Currently there is only a bridge from eth VALUE to bsc VALUE. THere is no bridge back. This causes the price of gvVALUE to lag behind VALUE because there are no arbitrage opportunities. This bridge should be done within the next 24 hours. When this happens, we can either take our gvVALUE and convert it back for 1.09 * VALUE and bank, or the market will be able to come to an agreement and we bank also! I think that is the catalyst that we're waiting for.
Comment:
The bridge never came online. Will have to circle back with their team.
Comment:
Then the entire market dumped and so this trend has been broken. I'm still holding.
Comment:
The team was focused on the UI issues with the sSafe page so it got delayed. I would expect the bridge to happen early next week.
