Genesis Vision Prints Highest Volume Ever (Bullish)Genesis Vision (GVTBTC) generated over 140% profits for us just a few months back... You can see it here:
We have another chance now to profit by trading this altcoin, bullish signals are starting to show up.
(1) Highest volume bar ever. GVTBTC printed the biggest volume bar since its inception to Binance. Something is brewing in the background.
(2) The RSI is bullish.
(3) Now trading above EMA10.
(4) This is a 3 days time frame chart (3D TF), so the signals here are three times stronger compared to the daily. These are strong signals.
(5) The green area is our demand/support zone. Below this area is our stop loss zone. Above this area is our safe zone... And moving up is our PROFIT ZONE.
Thanks a lot for reading.
Note: This is not a trade. My trades contain stop loss, buy in, targets, capital allocation and other details.
Please use this information to your own benefit and at your own risk.
All information here shared on this channel is mainly for learning and entertainment purposes only.
Namaste.
Genesis
Genesis Vision - Long OpportunityGVT - Currently down trending and yet to bottom out, possible bottom is the 10k area. GVT is respecting confluence zones, has bounced off previous ones as show below in this description, Ladder buys between the 10.5 and 10k area with a stop loss set at 9887 Sats, possible target is the 11.5k area
MACD is Bearish
RSI is the middle
50 MA is above price
Look at the RSI when it hits the confluence zone (double top)
The confluence zone found the next bottom perfectly and again when it hit the confluence zone the RSI made bearish divergence (double top with price decreasing)
Genesis Vision (GVTBTC) - Generated 250% Profits - 170% RemainsGenesis Vision (GVTBTC) was one of the first Binance coins to take off. We got into this one early and our position is already generating over 150% profits.
But this is not why I am posting this today, I want for you to take a look at the chart.
- On the left side you can see the classic yellow square I've been drawing on most of my altcoins chart.
- Notice on the right that GVTBTC bounced strong and went a bull run right after this price level was hit (yellow square).
- We are now challenging April's high. We went through many retraces, but each time GVTBTC kept on coming back strong.
- The same pattern is happening to all of Binance altcoins, Bittrex altcoins and the altcoins for many other exchanges.
- THE ALTCOINS MARKET IS ON A BULL RUN.
Generate as much profits as you can.
Namaste.
What A Perfect Setup on $GVT! Great Rally Everyone! Great Rally!You can confirm the chart that i published here:
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GVT - BAT (bullish)Enter : 16790 - 17000 sats.
Target : none (maybe %15-20 profit)
Stop : 16750 sats.
GVT TRADING STRATEGYGVT is in a consolidation pattern which may have shifted upward into a sub-wedge due to some recent bullishness. GVT had it's "Markets Release" today which may have cause a slight bump that has since retraced well within our upper sub-wedge. GV is integrating with Metatrader 4, which an industry standard in mobile trading through integrated exchanges. Personally, I am not terribly bullish on GVT, but it does tend to go for volatile runs within weeks of BTC runs, which can be somewhat predictable and very profitable. In the chart above, we see my multiple entry point strategy with stop losses. I usually keep a trailing stop loss of 5% to 7% once I am in profit.
***This is not financial advice and not intended to be used by anyone for the purposes of financial gain. This is my opinion only meant for entertainment purposes only as I am not a licensed financial advisor.***
Genesis Vision Buying OpportunityGenesis Vision found the support at 76.4% Fibonacci retracement, which has been rejected twice, forming a double bottom. The following wave up resulted in the break above the downtrend trendline and then 200 Moving Average.
Current price action suggests a potential trend reversal or a strong corrective move up. The resistance is seen at 76.4% Fibs applied through the all-time high, that is $40 area.
On a downside, the closest support is at 200 Moving Average which has been rejected already. Price could once again test it and produce a spike below prior to the wave up. Although only break and close below the $15 support could invalidate bullish outlook.
Genesis Vision (GVT) short term – The break-out, and the targetsIn my previous post I explained very quickly that GVT was finally in for a break-out of its' triangle formation. Minutes later it broke out and will now likely retrace a little before the bounce-off. That brings me to the next part of the story – the targets and the overall chart picture.
Chart of previous post yesterday, where I called the break-out:
Daily chart:
First off, you can see that in (1), the longer term support was reached, almost coinciding with the triangle base. That strong support and the changing momentum has now pushed GVT through the triangle resistance in (2).
Moreover, if we look at the overall chart, we see that GVT has actually been in a relatively wide upward channel / trading range. And, GVT fell through the support of that trading range beginning of April. In general, we could reasonably expect that the price will revert to that “mean” trading channel. And hence, it should actually minimally be trading at around 35000 sat today (point 3), to be in the lowest area of that upward trend channel. That would already mean a big increase from today’s levels!
If we look at the Fibonacci retracement lines, I drew them from the All time high (4), to point (1). The next pricing targets are:
29904 sat
32273 sat
34642 sat
38014 sat
42310 sat
You could place your sell triggers at those levels gradually and according to your risk appetite.
Can we still fall back? Yes, it’s always a matter of scenarios. But here the bulls are in favour, and we still have a strong support at 24000-ish. In the meanwhile, don’t be too surprised if you see the price tracing back before increasing, which is very normal for triangle break-outs.
Best of luck,
GVT - Genesis Vision is breaking out!Hi Guys,
Very quick post - check it out - GVT is breaking triangle resistance as we speak. Don't forget to put your stop losses as well so that you can trade this one well, but just wanted to give you the heads up.
Also on the daily, we have a triangle formation approaching its breakout, a MACD and RSI in the buy zone and curving to the bull direction.
#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!
GBPCHF: Potential Head and Shoulders Pattern?Hey gang! Hope everyone is doing fine on a Sunday! Found a potential Head and Shoulders reversal pattern that could result in a good long trade! Some confluence here points towards this:
-Trend line broken and retested a Fib level at 23.6 level.
-Fib level 23.6 had a false breakout and a large bullish candle just pushes it right back into a bullish bias!
-Absolutely beautiful potential head and shoulder pattern (just a potential one)
I personally would enter AFTER the 38.2 Fib level, after the Head and Shoulders pattern is confirmed! 1st Exit point would be at 61.8 Fib Level and 2nd Exit point at the very top of the level, since this is a pretty good potential reversal.
Let me know your opinions guys!
