GVT token has been dropping for the last 5 months.

But, lately it seems that we may have a pump.

Tthis is a 4 hour chart in Binance, as you can see  we have a "bullish ascending triangle pattern" which is a sign of possible bullish rally.

As you see, price is consolidating with rising lows and a horizontal ceiling. GVT has tried to go above this horizontal resistance 6 times, it touched 4 times and go above this rising support.

Here is a possible trade option: But LONG at 0.00002066 with Stop Loss at 0.000020 with only 3 % loss risk. 

But price can easily increase to 0.00002253. In that case, profit 9%.

Of course, this triangular formation is one of many considerations in a trade.

So, let's see what we will come up.  

You need to make your research since I am not a professional trader. 

Thanks for reading. I hope you’ve found it helpful.

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