Longing GNX\USDT Genaro network GNX has just reached a strategic cooperation with with a huge Metaverse project. Through this cooperation, both parties will work together to establish metaverse WEB3.0. In the construction of metaverse, decentralized blockchain cloud storage is an integral part of it.
BULLISH
DYOR NFA
TP - 0.04 , 0.05
GNX
GNX Breakout??GNX has just broke its downtrend line on increasing Bull Volume. Its slowly creeping over the 16,36 ema's on the daily (usually used as support) with a Bull MACD cross also on Daily.
Look for breakout of .305 on good volume
Continuation here will keep the Weekly lower highs intact and continue the Bull run.
Be wary of Daily RSI as we may see it get extended into the over bought range on a good move with solid volume. This would probably bring us more inline with T2 on the chart before some consolidation.
T3 is long term target.
GNX 20% profit target in short term.. GENEX POWER LIMITED
BUY ZONE .27-.29 CENT
SELL ZONE .34-36 CENT
20% profit target.
RELOAD @ .30 CENT looking for equilibrium pattern with lower highs and higher lows before another break in a couple of months.
Bullish Indicators
RSI historically bounces from this level
CCI has turned bullish on the daily and looks like its turning on the Weekly
Bear Volume dropping off.
Fundamentals look really good for this project with a lot of future positive news on the radar.. One to watch in my opinion.
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DYOR
