GVT/BTC (Testing Weekly Key Support)

30 thg 10, 2020

💎Technical Analysis Summary💎


BINANCE: GVTBTC

-GVT is now testing its key level of support on the weekly chart
-We still have 2 days left before the candle closes
-As of today, it is quite heavily Bearish
-It is not ideal to buy at the support when the selling pressure is strong
-Key support zone can easily be broken down like a hot knife through butter
-My advice is to wait for the next candle to open and zoom to a lower timeframe
-For any signal of Bullish reversal before taking this trade




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