LONG trade. Textbook Cup & Handle on 4H/6H/12H/1D. Volume checks out.
* Regular updates: github.com/GenesisVision/ * Only 4.4M coins and still under the radar: coinmarketcap.com/currencies/genesis-vision/ * Busy roadmap up until 2020: genesis.vision/ * On the team, developers from St. Petersburg Exchange and CEO of Tools for Brokers with over 300 brokers as clients: t4b.com/ * Great community on telegram (no meme-fest or moonkids): t.me/genesisvision * Trading tournament coming up January 2018, syncs perfectly with the chart. * BTC-icon Charlie Shrem on the advisors team. * Aims to attract the whole MetaTrader-scene: $$$ * Added to Binance just after ICO, which in my mind tends to add only quality coins * Holds amazingly well regardless of BTC-movements
THIS IS NOT IN ANY WAY SHAPE OR FORM TRADING ADVICE!!! ALWAYS DO YOUR OWN RESEARCH
Komen
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Another angle (4H, whole of GVT trading range):
Looking at their roadmap, the alpha and integration with MetaTrader is scheduled within the triangle. Looking at history, hit milestones are usually a good thing. If GVT breaks of the triangle within days, well it's a breakout;)
If it doesn't, it'll likley remain within the triangle and retrace to fib 0.382/0.236, this is a LONG trade.