Long
GVT - Huge rally incoming!
4h RSI is nearing 30. It's getting very oversold at the moment, and each time we hit 30 RSI before, there was a huge rally.
We have a bold green line long term support, also a thinner support line, both intersecting at the .0029 level.
Right now we are in the last wave of correction. Once we break the black line of the descending channel you can open long.
If you want a safer investment wait for the break of the red line. Either way when the RSI reverses it's going to be huge.
We have a bold green line long term support, also a thinner support line, both intersecting at the .0029 level.
Right now we are in the last wave of correction. Once we break the black line of the descending channel you can open long.
If you want a safer investment wait for the break of the red line. Either way when the RSI reverses it's going to be huge.
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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.