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Genesisvision

wave 5 bullrun... how long?burning question; once it starts, how long will this wave 5 run on for? we've seen GVT hold sublimely through the bitcoin dips and has maintained the 0027 correction (wave 4) at around 50% - harsh but not abnormal. we have a few possible outcome ahead and also some news and presentations with alpha release (imminent) and a calendar worthy expo within Q2. now on Friday there was a murmur of 'Genesis Market' and that spurred on a little 0003 sat mini run so im thinking that wave 5 could be glorious for GVT fans. mathematically using Elliott Wave theory we have to climb either 0.62,1 or 1.62 times the length of wave 1 to 3, this means at minimum we have a 0024 climb, add a sprinkle of an alpha release with an expo presentation to 30,000 people and we could see it extend all the way, it will just be a matter of timing. either way i will be hodling this token as its a risk to short early but i do look forward to looking at my portfolio as this token climbs the coin market cap rankings.
GLong
by cooper_5e
2
GVT wave 4 correction - how much further?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 resistance line? either way a bit of volume around this area and we could easily break out into our 5th wave and on to all time highs.
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by cooper_5e
GVT wave 5 potential targetsCharted 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 remember everyone will want a slice eventually, big stuff happening between now and 2020. Ive provided a simple chart and everything has ran like clock work regarding Elliott waves, based on this i am confident we are on the 4th/5th wave and the only way is up for gvt fans :-) Obviously this is the crypto world and anything can happen, use this to create your own charts and follow them along the way. Im not a financial advisor but do advise you only put in what you can afford to and always "do your own research" prior to any purchasing.
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by cooper_5e
15
$GVT $GVT.X - Genesis Vision - Daily - BianceI 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 has begin a small retracement. IT has been riding the upper band which tells me that it should start to fall soon. RSI is in the oversold area and started to fall but not by much so far. I am looking for an entry and since we are at new highs I am waiting to see if we break the all time high first based on tomorrows candle. If we do not, I will look to get in near the 23% fib line, approx 33.2k Sats. Even if it falls lower, the next line of historical resistance is near 29.1k though there is another Fib line near 30.6k sats that can act as another line of support. If buyers continue to push the market up, I have an experimental fib extension area set and if the next candle holds above the new all time high, then I may enter their. Either way i believe no matter where I enter, this coin will be a good long term holder.
GLong
by UnknownUnicorn2091450
1
#GVT #GENESIS +200% target within 35 daysWhile 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 in BTC, I'm able to minimize my losses while evaluating the market and selecting new coins at the bottom of the current wave, which are likely to move up or continue moving up. One difficulty in this, is identifying coins that are sometimes oscillating opposite of BTC, LTC or ETH. For instance, you may end up buying a coin that is doing well when BTC is down or crashing because of some new news or fear in the market (SEC suggesting that Exchanges must file with them, untrue reports of hacking at Binance, etc). Then as soon as BTC recovers, the coin you bought begins to crash, when you thought it was going to be strong in relation to BTC. Sometimes the oscillations are not just opposite, but delayed by a few days or weeks, so while GVT may be going up today while BTC is dropping, this could change in a couple days and it makes this method of prediction somewhat unreliable, without utilizing additional indicators. While reviewing GVT, I found that there appears to be 3 strong indicators showing potential for upward movement and excellent gains. First I noticed a possible Inverse Head & Shoulders indicator. The head and shoulders were both quite rounded, so it may not be the most conventional inverse H&S formation. The inverse H&S shows a potential gain from the peak of the head to the neckline (+225%). Also, with a H&S formation, there is often a "throwback" where after the formation completes, which pulls us momentarily back to the neckline before the rally begins. Second, I noticed a slightly larger Cup & Handle formation appeared to be in the works, slightly larger than the inverse H&S. The depth of the cup in the cup & handle formation is how one measures the potential gain when the formation completes and begins to rally. In this case, the depth of the cup is +335%. I'm estimating that the handle of the C&H will complete around the same place the inverse H&S "throwback" completes, thus giving us a secondary target of +335%. Third, reviewing 4H Ichimoku TS and KS are currently crossed and giving us the idea that we will likely be moving downward. This verifies the potential for the inverse H&S "throwback" to complete. The 4H Ichimoku cloud also shows that we are approaching a resistance cloud shoulder and in crypto, it's very common that when we touch the top edge of a resistance cloud shoulder, we will see the value propelled upwards. Additionally, looking at the 1D Ichimoku clouds, we have a very strong support cloud under our current level. This leads me to believe that while the daily chart may not tell us we're moving upward, it seems to suggest that we won't be falling for at least the next couple weeks (unless something out of the ordinary happens). I'll share another chart showing the 1D ichimoku support cloud following this post. Be sure to like and follow and check out our upcoming ICO for Horizon Communications!
GLong
by Tin.Foil
5
A correction for GVT soon ?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 13-14k sats, where there is a strong support from before. That support would be also around 0.618 fib retracement. So short term (2-4 weeks), that coin is dangerous, while long term it's still interesting. --------------------------- Still learning, so don't use my only TA for investment advice, check other analyses too.
GShort
by UnknownUnicorn2435735
1