GVT got destroyed over the last month, but it has broken out of the downward channel
and is testing support. Long term momentum has signaled what I call a 'supercross' inside of the wedge
at the location of the green square. From this point, the breakout above the wedge
was extremely predictable. After a supercross signal, it is typical to see a price spike followed by retracement slightly below the bottom before rising back up again. Ethereum
showed the exact same spike + retracement behavior on a similar signal near the $360 bottom in April. I recommend waiting for upside momentum to start picking up in the next 24 to 48 hours before entering long.