GVT had conquered the 1600sts and ready to move up to 2000sts or even 3000sts but 2000sts is a very strong resistance so we need to pay attention to this zone
-Buy: 1560-1640sts. SL B
-Sell: 1950-2050sts. SL A
-Sell: 2850-3000sts. SL A
-Sell: 1560-1640sts if B. SL A
-Buy: 1170-1230sts. SL B
🕯Timeframe : 1 Day
📈Red Arrow : Main...
This Rounded Bottom (RB) or Cup & Handle (C&H) is closing it's parabolic ascending curve approx. on the 25,530 satoshi price level before April 11th. All indicators on this 4-hour chart are bullish as the tags read. Depth of the cup from top to bottom yielded +530% profit which should equal for a measured move of the same characteristics.
Brief summary on...
Here we see a first zoom out on the 1D chart for Genesis Visions' coin $GVT against $BTC pair. This idea involves the closing of the rising parabola of a rounded bottom approximately 230 bars wide and with a 90% initial yield from the bottom to the top.
69% yield left as price action continues to hug the curve.
Approximately 11 days left for the closing of this...
GVT Broke out as expected and may be in an optimal hopping on point from the retrace.
And what a textbook retrace it is, right to top level resistance, now turned support.
I expect this to move very quickly soon, MACD is still showing an uptrend despite the retrace and RSI is somewhat...
Here we see our GVT weekly chart and after that massive downside during the bearmarket it could be looking up now. You see there is a massive Ichimoku cloud above us ( the top of which is 13500 sats .) That's 13x up from where we are now - 13 times ! That's already a good result but let's look at the fibs to see other possible targets . Our fib targets on the way...
Genesis Vision Token has seen a number of spikes recently giving us a bullish fractal and essentially a bullish gartley, though it needs a little more downside to be true.
Volume is rapidly growing and it looks like we're gonna be taking off here soon.
You could say that the Genesis Vision (GVTBTC) chart is still weak based on the current price, but some signals are very strong and give away what will happen next.
Notice that even though we are looking at the same price as back in early November, GVTBTC printed really strong bullish/green volume starting 19-Dec.
The MACD is showing bullish divergence and...
Genesis Vision (GVTBTC) is also moving towards GREEN.
Here we have a bullish candlestick pattern, marked with an orange square, and also a Doji marked light blue.
Both of these are signals that currently favor a bullish move.
The Doji, when it comes up at the bottom of a trend can be used as a reversal signal...
Not by itself but together with prices moving...