GVT has been holding strong against recent BTC fluctuations. However, with BTC on overall downtrend that is anticipated to last at least another week, GVT seems to be stuck in this position. The 1Day MACD is looking to continue its downtrend. Will be closely following this trade for a new entry point. I already hold GVT long, just looking to get in again.
Interesting idea. However, Macd not necessarily converged yet. And last time RSI hit 93... so it can go much higher any time. Anyway, happy trading. :-)
ddudai
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@sarged, thanks for your feedback! I’m very new and trying to learn so I appreciate your insight
sarged
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@ddudai, Welcome. I'm also new btw. GVT/BTC is about to break out from the triangle. So we'll see where it's heading.