Genesismarkets
gvt 3300% upsidediagonal trendline resistance and previous lower high. wait for current resistance to flip to support...
gvt glimmer of hope3 interesting observations on the weekly $gvt chart:
1) obv/ macd for first time ever is above mean (blue arrows)
2) bullish divergence on #obv (yellow)
3) #ichimoku cloud has flipped green and rising
gvt needs a miracle heregvt seriously needs a miracle here.
monthly needs to stay above the POC so need buyers to step in asap, failure to do so will need to reclaim another time.
the recent pump and dump was straight into the monthly level when gvt first listed on binance after the ico.
for party time with gvt a monthly close above 1800 (HVN & monthly level) is key for gvtbtc, accumulation here before passing the mid bband and then some fun will begin.
not much between here and zero, would be weird to see it delisted seeing as it is genuine working and proven product, but no one is here for the tech ;-)
early sell signs for GVT but still not official dump yetScript A is on bullish test to see if can go higher, as it drops into cloud this produces early sell sings (S1), no impact yet as can still recover but one to watch if it drops below for an S2...
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$gvt showing signs of recoverygvt rounding at an near dead bottom.
ema 7 test looming
hma could cross in next few weeks
ema 14 at double curent price
bullish divergence on macd and at mean
tdi is at reversal zone (30)
rsi attempting push.
for me a safe buy would be for:
rsi to cross tdi
macd to flick positive
ema 7 crosses above 14
price goes past hma
tesma crosses
if your a gambler, spot buying 126 cud yield huge gains but there is easier room for further drops
buy gvt above the 1h 200ma and sell outside of cap bandseach time it closes above the hourly 200ma it makes pumps.
for any gvt trade stop loss should be below the 200ma
$gvt - damn, numbers dont lie. get your longs ready visionaries!if this battern plays out then we are so close to our next tasty long!
learn how this pattern works here - myforexmagicwave.com
gvt x10 from here...logarithmic symmetrical triangle making its way from south to north.
buying 0.0009 and holding to 0.009 will give you a x10 return.
the key steps are breaking the mid cap on the daily and powering through the triangle roof...
$gvt Logarithmic pitchfork leading indicatorcheck out that for buy and sell zones.
current btc play and drifting into the lower fork area suggests we are about to revisit the long term trend line around 0008 but forex hopium as always suggests we retry the mean.
$gvt correction coming to an endhidden bullish on 1D rsi; price comes down, rsi goes up.
macd has crossed up and riding top band - will monitor this.
bounced the wick from exactly 1 year ago today (26 november).
historically hasnt relied on btc pumps to rally.
historically corrects wave 2 deep just like the other 5 or so times it has on larger and micro waves.
once the trend detector turns green long $gvtas in the title, once the trend detector turns green long $gvt.
the bottom is nearly in but rather then a knife cathc wait for the trend detector to cross and retest... then long.
next wave will be insane for gvt - all in peeps!
$gvt must hold the weekly 21emaas titled, a failure at the weekly mid bollinger, 21 ema could deem catastrophic for gvt and ultimately would open the possibility of a fractal like 80-90% correction all the way back to the 0006-0010 area.
ill be watching the mid bband and gathering ema's
previous resistance turned support zones
also the macd to see if it holds above the mean line
and finally the rsi to see if it bounces the ema and holds the mean.
2nd chance for those who may of missed the $gvt 'gold rush'lets take a look at historical corrections and part fractals.
when gvt first came to light the sell off from wave one took a 94% correction before mooning to ath.
in q1 2018 we saw the sell off from the major wave ath bring us down another 91% correction.
if this isnt just a dead cat bounce (or news pump) and the start of a new run then maybe we can assume that gvt will correct 88% following suit of the other corrective percentages:
94% (-3) 91% (-3) 88%??
lets see, bringing it down 88% to around 0007 sats would bounce off a good support zone from the initial coin offering (ico) and would also create a deep number 2 wave as historically it does.
last chance at these prices before we see some moon loving ath fun from the genesis vision token
GVT: dont get caught with your pants down...im getting real good feels towards GVT at the moment.
can feel the beta release creeping in and know this ship is about to truly take off.
as with all mainnet/full release we will see buying up until the date but i have a feeling we wont see as much selling as we think with this one.
gvt; amazing community who have full belief in the every proving dev team, anyone whos hodl'd strong until now wont be selling and anyone who 'buys the rumor, sells the news' will regret it by Q1 2019.
like the title says dont get caught with your pants down pissing into the wind at the top of fomo mountain.
$gvt has to test 0.001 before we move up againwhilst this is my favourite project that currently owns 20% of my portfolio (and accumulating more) i do believe we need to test the November 17 highs that will act as solid support and a potential lift off zone.
until GVT is a fully functioning project (October) then it seems unlikely that we will bull. If bitcoin decides it will move upwards convincingly then we may see some 0015 or 0016 results (resistance) but as we are paired with the king and dont have an interactive product yet then the zones highlighted are where we reside.
big buy orders set lower down + product release and bitocin stability = bright start and future for gvt fans. accumulate whilst its low guys n gals!
GVT - BAT (bullish)Enter : 16790 - 17000 sats.
Target : none (maybe %15-20 profit)
Stop : 16750 sats.
despite GM, GVT may still be heading southim never one to fomo in but GVT did have me wanting to push buy with the release of Genesis Markets this week, but as always my stubbornness to buy when a cheaper opportunity is possible always seems to win (sometimes for the best and other times not).
i have been following the gvt/eth pattern for a while as it shows less volatility then the gvt/btc pairing, meaning a clear visibility of what may be going on.
right now it looks as if we are about 0.5 fib of the new bull run and the bbands show price hovering right around the 20 sma with support. however a couple of other indicators say different: rsi, although it was looking good during the 'news pump' has now found itself pointing south & the ichi cloud has all lines and candles below the cloud with no green insight (yet), thus points south.
i think without investors actually having the ability to use the genesis token (both in GM as a manager or in GV as an investor) then there isnt actually a global need for it yet so why would there be a surge in price without a product to use it with? you wouldn't stock up on fuel if you didnt own a vehicle to use it with.
with so much uncertainty and bitcoin not sure what its doing then we could well be seeing another drop to the 0016 zone for a triple bottom or possibly worst with btc having a mega dump we could find ourselves below the 0016 support as low as 0014!
alot of people believe that gvt moves independently of bitcoin and as much as that was true in Q1 since April we have followed the mother ships patterns and if bitcoin does goe then so we will we despite the direction.
a drop below 0020 and we could be in trouble and unfortunately until we have a 'fully' usable product for investors and managers then bitcoin is firmly in control.
prepare for all occasions gvt fans.
peace