Before we start trading this altcoin, let's read and learn something about Genesis Vision:
Genesis Vision (GVT) is the platform for the private trust management market, built on Blockchain technology and Smart Contracts. Genesis Vision intends to create a service via which managers, brokers, traders, exchanges, and other financial instruments can access a diverse range of assets via one interface .
Circulating Supply: 4,426,883 GVT ( I like those altcoins that have small circulating supply)
Coming Events:
- 28 February 2019: Product Update ( "... Our next product update will happen approximately during the second half of February.")
- 30 June 2019: Q2 Token Burn ( No additional information)
Let's take a look at this chart:
- we can see that the price bounced exactly from 0.786 Fib. retracement
- we are moving in triangle and we are at the end of consolidation
- a W- formation can be spotted on a daily chart ( Every time I have seen at the end of a consolidation inside a triangle, the price went up!
- RSI and MACD are also bullish , and there is a nice divergence!
You can use the fib. levels for entry and exit points!
Disclaimer :
My posts are never financial/invest advice! For a favorable outcome, make your own research! Never invest more than what you can afford to lose. Don't forget, it's all about positive thinking and patience!
Don't forget: you should always use a stop loss!
There is one more thing that I would like to share with you:
As some of you know, there is another platform similar to Steemit, that pays people for creating content called WEKU.
WeKu's mission is to create a new, fully decentralized generation of social open platforms based on blockchain technology and utilizing the InterPlanetary File System(IPFS).
- If you are interested about it, you can read more about WEKU here: https://weku.io/ ( official site )
- If you want to join WEKU, here is the supportweku-io official link: https://deals.weku.io/pick_account?refer...
Feel free to share your thoughts on the comment section below and hit that like!
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