GVTBTC
GVTBTCNote that we are having a truncated fifth wave, which means the correction can reach beyond 0.65fib lvl, which renders the next target around 10937sats, expect a bounce here to retest 0.65 lvl ( confluence with the weekly major trendline).
My previous bullish count of target wave 3 at 50k sats is still accountable as long as the wave 2 never retraces 100%. Retracement beyond 2k sats would automatically invalidate my count.
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
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: GENESIS MARKET LAUNCH DATE - PROFIT = 30.24% !!!Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 29th of May 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 30.24% PROFIT!!!
The increase in price may also be explained by positive developments including:
February 16: Genesis Vision integrates with IPFS (Interplanetary File System)
March 5: Lykke Exchange lists Genesis Vision.
March 7: Genesis Vision announces partnership with Larson&Holz Brokerage. Larson&Holz IT Ltd is an international brokerage group of companies experienced in best solutions for providing high-level services and access to the OTC markets
March 23: Genesis Vision announces beta test of its iOS app.
March 26: Ovis Exchange (Turkish Exchange) lists GVT.
March 30: Genesis Vision Cooperates with Fully Licensed and Heavily Regulated Global Broker - Just 2 Trade. Just2Trade is a fully licensed and heavily regulated global broker with offices in USA, Europe, Russia, China, Mexico and India. It has been launched in order to provide direct access to financial markets for traders based in America and Asia, awarded for the lowest commissions and best customer service.
April 1: Genesis Vision Launches Alpha Version of Asset Management Platform.
April 20: Genesis investor app is released on the app store.
April 28: Genesis Vision investor app is released on Android.
April 29: Genesis Vision investor app is on iOS is updated.
May 2: Genesis Vision announces launch of its closed beta for an upcoming Genesis Markets project.
May 31: Genesis Vision announces June 7 launch date for Genesis Markets.
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
GVT, A sleeping giant?$GVT is in accumulation zone for too long and now the time has arrived to terminate the hibernation.
It's in the best buy zone for now, people looking or entries should have bought this by now, i'll accumulate at this zone.
The selling zones are mentioned below;
1 : 424k
2 : 541K
3 : 690K
GVT - Potential 140% profitEvents for GVT
22 May : The Alpha version of the GV 1.15% 1.15% platform will be presented
30 May : Genesis Vision Markets release
30 September : Beta version launch
TA
- Double bottom at 197
- I think it will break out the triangle and go to 695 within 1 month
Stop loss is 194
Buy and hold this amazing coin
A very delicious descending wedge on D1 of GVTBTCA think it's very good time to buy some GVT! A descending wedge on daily which gives you a lot of room for some buy/sell action at the limits of this wedge until it breaks upwards. What do you think?
GVT Head and Shoulders Neckline BrokenI love this coin but I hate to say I think it's going down. H&S suggests .0019500 range or lower.
Full disclosure: I'm not a TA pro
gvt 16/5I'm sorry for the bottom that I called (21000-23000) has been breached as I never expected upbit fud will happen (duh i'm not a prophet for this).
So, back to the topic, from the daily timeframe, we can see gvt bounces at 20500-21000, which is kind of close to my bottom LOL, anyway I'm still wrong (500sats away). Thus, 20000sats is a very strong support zone for now despite the ongoing fud.
On the 1hr timeframe, i have come out with 2 scenarios, the above is the one I'm more biased on, I will still post the other in the comment section. Based on the scenario above, we have just finished 5 wave and we are now in correction, the greenbox is the most likely place for a bounce. RSI is decreasing, this indicates the bull has exhausted on the previous run.
GVT - Daily chart updateHi guys
As I said in my other chart, if GVT doesn't break that falling resistance line (which I don't think it will), we will see further correction down the falling wedge to the massive support area labelled on the chart
IF we do break that resistance then the bear run is over and we will push on from there
Let me know what you think!
Genesis Vision/ Paving the path to $100GVT is fundamentally an amazing coin.
One of the only coins at ATH in BTC during the bear market.
-Upcoming releases of their investor platform with many big names backed behind it.
-Low circulating supply.
-Low total market cap.
-Alpha testers really really like the product.
Guess what Crypto is missing to?
-Infrastructure, which is exactly what GVT is.
Price Action Technical Analysis showing a strong buy.
Buy and take profit at the designed blue lines. Never fully sell your entire position here. This will be a position trade till the end of the year.
GVT correction completeGVT has hit bottom of WAVE C. It will more than likely move up and test the major falling resistance.
Failure to break this falling trend could result in further correction down the falling wedge to the next support zone.
#GVTBTC LONG#GVT/ #BTC
Trade summary :
AGRESSIVE BUY : 0.0022
Safe BUY : 0.0025
SELL Target1: 0.0036
SELL Target1: 0.0042
Stop loss: 0.0019
***************send me a msg to join my telegram group*********************
GVT bull run incoming?RSI is severely oversold on the 4HR. Last time it was this oversold, it bounced from 22k sats to 29k. Currently hovering on the bottom band of the bollinger. RSI is pointing UP! I expect to see a bounce REAL soon and hopefully, we see a reversal here. It's also seemingly respecting the past falling wedge trendline.
THIS IS NOT FINANCIAL ADVICE. DYOR!
