GVT (Genesis Vision) GETTING READY FOR A BREAKOUT !

Genesis Vision has seen some strong movement and may be approaching back towards its all time high around $50.00. GVT is currently around $30.00 or .00275 BTC. The charts below show GVT/BTC and then GVT/USD with 6 hour bars and monthly channels. Both show that the current price is around the 2rd resistance point for the monthly channels. So if we breakout from here the next move upwards will trend to $42.00 or .0035 BTC according to the system.

GVT/BTC 6 Hour Bars Monthly Channels

GVT/USD 6 Hour Bars Monthly Channels

If all goes well then GVT will continue higher breaking out beyond the 3th resistance and towards the moon like in December. However we are not yet fully in a bull market overall as the market is still recovering. I think the best bet is we will see a rise towards the 3th resistance at least.

Disclosure
I am not a professional financial advisor and am not offering financial advise. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.