Hi Guys!
We had a very nice uptrend on the GVT since the end of August. We made the analysis for you and it turned out to be very profitable.
It looks like the correction has ended and we are ready for the new uptrend.
It looks quite safe as we have a "reference peak" at 0.00255.
Here is our bullish scenario for the upcoming days/2 or 3 weeks.
1. Elegantly bounced from the bottom of the Bollinger Band - still much room for a growth.
2. 1st stop - once we break the so-called fair price at 18500 st we will very likely continue the uptrend.
3. 2nd stop at 0.00225 - top of the Value Area - 70% of the purchases from the beginning of the uptrend.
4. 3rd stop - last peak at around 0.0025
Technical analysis details:
• Ichimoku Cloud - on the 4H chart, TenkanSen(red line) was crossed for good.
• Chaikin Money Flow Indicator about to cross 0 and in a bullish mode
• Weis Volume - Almost no supply. All we need is more demand. LOL.
• MACD – bull’s cross observed
• Nicely bounced from the resistance/support. There is a potential to reach 25500 st in the near future.
• Micro uptrend recently formed.
Set your stop-loss at 0.0014680
So Traders. Observe this coin as it can give us a very decent profit in a short-term period.
It looks promising.
Thanks again for being here. Drop us a comment in the section below.
If you like our job hit us a like. Don’t wanna miss the update = click follow on our profile.
We are sending you lots of love <3<3<3
Massive Hugs!
WBM Team
We had a very nice uptrend on the GVT since the end of August. We made the analysis for you and it turned out to be very profitable.
It looks like the correction has ended and we are ready for the new uptrend.
It looks quite safe as we have a "reference peak" at 0.00255.
Here is our bullish scenario for the upcoming days/2 or 3 weeks.
1. Elegantly bounced from the bottom of the Bollinger Band - still much room for a growth.
2. 1st stop - once we break the so-called fair price at 18500 st we will very likely continue the uptrend.
3. 2nd stop at 0.00225 - top of the Value Area - 70% of the purchases from the beginning of the uptrend.
4. 3rd stop - last peak at around 0.0025
Technical analysis details:
• Ichimoku Cloud - on the 4H chart, TenkanSen(red line) was crossed for good.
• Chaikin Money Flow Indicator about to cross 0 and in a bullish mode
• Weis Volume - Almost no supply. All we need is more demand. LOL.
• MACD – bull’s cross observed
• Nicely bounced from the resistance/support. There is a potential to reach 25500 st in the near future.
• Micro uptrend recently formed.
Set your stop-loss at 0.0014680
So Traders. Observe this coin as it can give us a very decent profit in a short-term period.
It looks promising.
Thanks again for being here. Drop us a comment in the section below.
If you like our job hit us a like. Don’t wanna miss the update = click follow on our profile.
We are sending you lots of love <3<3<3
Massive Hugs!
WBM Team
Comment:
Chaikin Money FLow & MACD & Weis Waves
Comment:
Ichimoku Cloud
Comment:
Daily chart - wider perspective
