$GVT Hurt Bad by $BTC Punches
GVT has been something we've been watching in our community for a while (link in our profile).Last Night's BTC Dump did not treat it well. There's a good support right on a fib that GVT was respecting over and over. The BTC dump came at the wrong time and busted that support. We have a ways down before the next support.
Great project. Community a little disappointed that the Alpha didn't allow trading. Going to be a lot of sideways and bleed before they finally launch I think.
We're very oversold. Eyes on BTC. Question is can GVT bounce back through that fib and find support or is it going to start bumping its head. I think we're going to wait on BTC to answer that.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.