Genesis Vision (GVTBTC) after hitting a double bottom. Just a week ago, GVTBTC hit the same low it hit back in November 2017... And you know what we say... Once you hit bottom, the only place left to go is up...
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Genesis Vision by Alan Masters
We have a very clear double bottom, when we compare last weeks low vs Nov. 2017 (marked with a blue circle on the chart). A double bottom is normally a bullish pattern and tends to end with a trend reversal. GVT can move up from here.
We have strong bullish divergence on the MACD.
RSI is massively oversold and now trending up.
44% bounce after hitting a low.
Some consolidation might be needed before the run-up.
Conditions for change: On such a chart, we recommended rebuy and reload as long as GVTBTC is hovering around all-time low.
This is a great chart set-up here, low risk and high profits potential.
Over 1,200% profits potential to the all-time high. Main targets are drawn on the chart.
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