Get started

Gvt

GVT LONG TERM PLAY(MONTHS)In a daily timeframe, it is still hovering around the golden zone(0.618-0.65 fib retracement lvl), wave 4 is still valid based on elliott wave. We can see wave 3 has reach 1.618 fib extension, so we can assume wave 5 can reach 2.618 fib extension(64000-65000sats). My previous target which is around 50000sats. 50000sats is more of a conservative target and this is CRYPTO so anything is possible. Also, we can see it bounces off from 22000sats as this is a strong support that previously was a strong resistance for wave 1 to break thru, however, I wouldn't surprise if it goes to 18000-20000sats(0.786 fib retracement lvl) as we have recently got rejected by the 55EMA. So don't freak out if it goes to that price because we know in a bigger picture GVT is still in an uptrend.
G
by DesWong
GVT 30/4As expected from my prev chart, the volume is not convincing and it did retrace to retest the breakout zone of the triangle. From a chart patterN point of view, a bull flag is forming, a break out of this flag might signal the next target which is around 27000-27500, according to the length of the pole and also the major resistance. From the elliott wave point of view, we are now currently under wave 4, and once wave 4 is done (we might enter a short term consolidation phase or we might just shoot out from here, coz we couldn't project time and volume can kick in at any time, we will see another wave 5 up, target is almost the same as above 26500-27500, where the resistance lies. *The few arrows show 25700 is a major resistance and we need quite some volume to break it IMO.
G
by DesWong
GENESIS VISION VS BITCOIN PRICE ANALYSIS AND FORCAST | 25 APRIL|GVT/BTC HAS BEEN IN A DOWNTREND AFTER MAKING AN ALL TIME HIGH TWO MONTHS BACK AND THIS PHENOMENON IS COMPLETELY NORMAL. WHEN SOMETHING QUICKLY GOES UP, IT ALSO DOES PRICE CORRECTION BEFORE MAKING ANOTHER LEG UP. AS SHOWN IN THE CHART, IT'S MOVING INSIDE A FALLING WEDGE AND I AM EXPECTING THE DECISION VERY SOON. THERE'S ALSO A FOREX EXPO EVENT ON MAY 22 WHICH COULD ALSO GIVE THIS PROJECT A DECENT EXPOSURE AND ALSO BRING SOME SOUND INVESTORS WHICH COULD LEAD TO AN INCREASE IN THE TOTAL MARKET CAP OF THE COIN. IN MY OPINION, IT'S WORTH ACCUMULATING AT THESE LEVELS AND HOLD FOR AT LEAST A MONTH OR TWO. PLEASE DO NOT BLINDLY TAKE THIS AS A FINANCIAL ADVICE AND DO YOUR OWN RESEARCH BEFORE INVESTING IN ANY PROJECT. THE FINAL DECISION WILL BE YOURS. __________________________________________________________________________________________________________ IN CASE OF ANY QUERIES OR SUBSCRIBING TO OUR SIGNALS, KINDLY DROP US AN EMAIL TO COINAUTHORITY.123@GMAIL.COM. __________________________________________________________________________________________________________
GLong
by coinauthority_official
1
Genesis Vision is looking bullishAfter a long consolidation in a channel between 0.00235 and 0.00255, we seem to be ready for a break to the upside. I have drawn a possible scenario in which we take a fibonacci 5 wave impulse up to the 0.00350-0.00375 range. This will be the sub-wave set of greater impulse wave 1. Once this cycle is complete, with wave 2 exhibiting an ABC or WxYxZ correction, we can analyze the targets for wave 3. I would set a stop-loss at the bottom channel support, 0.00235, giving us a risk to reward ratio of 5.25. Potential gain 35-45%, stop-loss -7.25%
G
by dcattey
GVTBTC TA 17/4GVT is still consolidating in the 0.618 fib area and the RSI is increasing, which is a good sign as it now becomes an accumulation zone that will act as a strong support for the next bull run. Please remember that a leg up with an accumulation zone is always positive, without a strong support zone, it might just be a fake bull run and it will descend just as fast. So, for the GVT hodlers, don't feel disappointed that gvt never make a bull run even though btc is recovering, just remember, the longer the accumulation zone, the stronger the bull run would be. Just imagine a spring that is being compressed hard and long enough, the BOUNCE would be significant after it is being released.
G
by DesWong
gvt wave 4 correction or full cycle corrective C wave?quick new light on the current gvt scenario. looking at my other charts all evidence suggests that this is a wave 4 correction however retracing to to 0.38 of wave 3 pushes my thoughts into this possibly being a full cycle correction. harshly 0024 should be the bottom of a WXYXZ correction and liftoff to wave 5 should be imminent. in an extreme case this could be C wave of an ABC heading down to 0020 however there is no evidence prior to suggest a full cycle was completed and therefor we shouldn't see this low. i believe the lows we are seeing are part bitcoin slump, part alpha 'demo' (not live) and the rest were people just cashing out into other projects that may of taken off. green candles just around the corner, fingers are crossed :)
G
by cooper_5e
1
wave 5 bullrun... how long?burning question; once it starts, how long will this wave 5 run on for? we've seen GVT hold sublimely through the bitcoin dips and has maintained the 0027 correction (wave 4) at around 50% - harsh but not abnormal. we have a few possible outcome ahead and also some news and presentations with alpha release (imminent) and a calendar worthy expo within Q2. now on Friday there was a murmur of 'Genesis Market' and that spurred on a little 0003 sat mini run so im thinking that wave 5 could be glorious for GVT fans. mathematically using Elliott Wave theory we have to climb either 0.62,1 or 1.62 times the length of wave 1 to 3, this means at minimum we have a 0024 climb, add a sprinkle of an alpha release with an expo presentation to 30,000 people and we could see it extend all the way, it will just be a matter of timing. either way i will be hodling this token as its a risk to short early but i do look forward to looking at my portfolio as this token climbs the coin market cap rankings.
GLong
by cooper_5e
2