Genesis Vision is looking bullish
After a long consolidation in a channel between 0.00235 and 0.00255, we seem to be ready for a break to the upside. I have drawn a possible scenario in which we take a fibonacci 5 wave impulse up to the 0.00350-0.00375 range. This will be the sub-wave set of greater impulse wave 1. Once this cycle is complete, with wave 2 exhibiting an ABC or WxYxZ correction, we can analyze the targets for wave 3. I would set a stop-loss at the bottom channel support, 0.00235, giving us a risk to reward ratio of 5.25. Potential gain 35-45%, stop-loss -7.25%
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