The past two weeks have been filled with more pain as the contagion effects from FTX have continued to spread and the market has started to get more information on the events that culminated in the FTX scandal. On November 11th, Sam Bankman Fried (SBF) stepped down as the CEO of FTX. Shortly after, John Ray III was appointed as the new CEO, a Chicago-based...
FTX going bankrupt is good for bitcoin bro. My counterparty was involved with FTX too. Bullish! WAGMI.
GVT -Genisis Vision wave 2 starting. First pump retraced to .786 fib level. Aiming for 0.0002000 sat range. RSI steadily trending up and MACD, with price moving higher. This one also had a total supply of only 4million tokens and volume traded has doubled in the last day. DYOR, just posting what I think is likely from my experience over 2-3yrs of watching crypto markets.
Here in green highlighted is strong support zone combined from 4hr and 1 Day chart and our target is also combined resist of 4Hr & 1day chart. Hope our target achieved in upcoming one or two weeks.
Here is an Idea based on Fibonacci-Time and Elliott Wave Theory
Big boost and looks like we have hit the top here. The price rode the top bollinger band and now we see a bearish candle forming. RSI is high showing it is in the oversold area so i believe you will see more selling coming in. 25850 Sats is the support line here if the price is going to rebound, though i believe it will break and continue down to correct a bit. ...