DesWong

GVTBTC TA 17/4

BINANCE:GVTBTC   None
GVT is still consolidating in the 0.618 fib area and the RSI is increasing, which is a good sign as it now becomes an accumulation zone that will act as a strong support for the next bull run. Please remember that a leg up with an accumulation zone is always positive, without a strong support zone, it might just be a fake bull run and it will descend just as fast. So, for the GVT hodlers, don't feel disappointed that gvt never make a bull run even though btc is recovering, just remember, the longer the accumulation zone, the stronger the bull run would be. Just imagine a spring that is being compressed hard and long enough, the BOUNCE would be significant after it is being released.

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