GVT has shown prolonged periods of sideways movement after every correction with erratic peaks and dips between the start and end of each wave. note: the lowest dip of that third curve (crossover between wave 4 and wave 5, aka bearish to bullish) is right on 31st March... alpha release :-)
so we are still correcting on wave 4 and what looked like would hold at 24% took a nose dive to the 38% and even sub 50% levels. drawing a strong line at 0026 as this is a good support area and we bounced right off it similar to the way up on wave 3. question is do we retest this level again (0026-0027) or are we just about peeping out enough at the upper...
Charted these targets on the fact that GVT runs perfectly between fib lines and with the upcoming alpha release we could see some para behavior occurring. As much as i am providing what 'may' happen i do feel this is a hodl coin, why risk shorting early and losing a decent vantage point when you can just hold and win at the end. GVT has 4.5m total supply! Just...
I have been looking into long term hold coins and i came across Genesis Vision. A company who wants to bring traders and investors together for a single location to trade across exchanges. The monthly chart has shown a nice steady uptrend, something I look for when looking into a company for a long term hold. On Binance, it has reached the previous highs though...
While reviewing my portfolio today and seeing almost everything in red, I was evaluating which coins are still performing well while the market is down and GVT came into my view. In some cases I'm interested in finding coins, like BTC which are down only 5-10% while other coins have 10-30% daily losses. In my case, this tells me by holding a good portion of coin...
GVT, while having solid fundamentals is a fairly new coin and still hasn't experienced a downtrend (only small corrections after spikes) after doing around x9. It already tested several times around 29k sats without breaking trought and staying there. Volume is also relatively fairly low That's why I think once it breaks the trend line, it will fall around...
BINANCE:GVTBTC
Here is an Idea based on Fibonacci-Time and Elliott Wave Theory
HIGH VOLUME ATH LAST NIGHT, IMPULSIVE WAVE CORRECTIVE WAVE ABOVE .5 FIB LEVEL. NEXT LEG UP HIGH POSSIBLE . BUY STOP LOSS IF IT BREAKS BELOW . GREEN RECTANGLE GOOD LUCK. BINANCE:GVTBTC
Genesis Vision is at testing all time high and old support which is now new resistance...if we break this level, it's blue skies. Usually the third test is the one to bust through, however, if we pull back at the ATH and channel top, look to pick more up at the support of the channel its currently been running in.
At breakout from lower channel no resistance until 0.0075
The price of BINANCE:GVTETH is moving inside an ascending channel and has just bounced of the support. Target: 0.1 Stop-loss: below the support
A long ride made GVT exhausted. Then fueled up guys. Pump coming soon.Indicators confirms.
Buy on move above 0.010 (this will confirm a cup and handle) Target 0.040 Stoploss: 0.007