ZonedOutDad

GVT accumulation & a&e reversal [potential 102%; RTR 5.8]

Long
ZonedOutDad Updated   
BINANCE:NEBLBTC   None
TA:
>heavy consolidation and accumulation
>adam and eve reversal pattern formed
>brokeout and now retracing on a market-wide red day due to BTC volatility

FA (opinion):
>TLDR one liner: good relatively new platform POS coin not yet extremely well recognized
>strong small team with regular updates
Trade active:
broke up (for 20% if you caught it), rejected by a lower volume BTC selloff followed by a weekend holiday, hovering broken resistance (see green box), above entry, holding.
Comment:
rekt
Comment:
sold off an re-entered at 14200
this one for the road down. still in the early phases of forming so we'll see.
Trade closed manually:
this was the announcement: twitter.com/NeblioTe...s/995409359638286336

I don't like it.

Trade closed at breakeven.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.