-Genesis Vision just had a strong pump over 100% gains
-But gain back half of the profit after a few days of trading
-The price is likely to test the previous resistance area
-Which also coincide with the 50D MA and area of upward trendline support
-If we can see a bullish reversal signs or rejections
-Placing a Buy order is ideal and have stop loss below...
Two counts here for GVTUSD. One count that was highlighted by 'TheEWguy' on Twitter where we have had an ABC down. If we can take out the $3.50 id say the bottom is in and that is the count. For now il be looking for a test of 2.20 to 2.60 is on the cards for my proposed X wave.
GVT is starting to break bullish of this descending channel to the upside as the price has potentially established new support at 1000 sats.
The upside target is up to 1400 sats and stop-loss is placed under 960 sats.
Genesis Vision is alive and healthy! This platform for fund managers to trade and share their trades here. What caught my attention is, they are doing some tokens burn this year. Not only once or twice, but three times! can you imagine that? It has only 4,436,644 Total Supply to be exact and still wanted to burn some of it? What a generous play.
It will affect us...
GVTBTC is approaching a support last tested in August. We see an opportunity to ladder our buys and profit off of a bounce from this level.
Buy between: 0.0006750 - 0.0005900
Target 1: 0.0007148
Target 2: 0.0007970
Target 3: 0.0009195
Target 4: 0.0010649
To set laddered buys, stoploss and take profit simultaneously, and monitor your...
Trade Duration: Short
Signal Strength: High
Genesis Vision is the platform for the private trust management market, built on blockchain technology and smart contracts. We unite exchanges, brokers, traders, and investors into a decentralized, open and fair network, making the financial...
$GVT has a strong potential to breakout soon, has held it's resistance pretty well.
I recommend to wait a bit and buy a bag at around 10200 Satoshis as RSI is a bit high & still needs a spike at OBV.
Good Luck traders!
. GenesisVision/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. There is a possibility of temporary retracement to suggested support zone (9.40000000 to 7.10000000). if so, traders can set orders...
I HAVE HEARD A LOT OF HYPE REGARDING $GVT THE PAST FEW DAYS. I WAS SEEING A LOT OF CALLS TO BUY EARLY IN THE WEEK AND AS WE CAN SEE THAT DIDNT WORK OUT FOR THOSE THAT BOUGHT. I AM WAITING FOR A BOUNCE OF THE MANY OF THE SUPPORTS WHICH SEEM TO BE THE 50/100/200 EMA AS WELL AS THE 50/200 MA. AVERAGES THAT ALL SEEM TO CONVERGE RIGHT AROUND WHERE I HAVE THE .786 FIB...