CRYPTO GPT / WRAPPED ETHER on Ethereum (0FA0AF...0E5BE1) in USDUniswap v2 (Ethereum)
Description
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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Technical: 📈 CRGPT has been overall bullish trading within the rising broadening wedge pattern marked in blue.
Currently, CRGPT is undergoing a correction phase as it approaches the lower blue trendline, which is serving as a non-horizontal support.
Moreover, the $0.7 - $0.8 range represents a massive demand zone.
🏹 Thus, the latest blue arrow is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style: I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
🏹 On the other hand, for the bulls to assume control from a medium-term perspective and initiate the next upward impulse movement, a break above the upper red trendline and the last major high at $1.14 is necessary.
🗒 Fundamental: 1️⃣ The CRGPT Token is more than just a digital asset with a deflationary supply cap of 21 million tokens, reminiscent of Bitcoin's scarcity-driven appeal.
2️⃣ By leveraging Ethereum's infrastructure for smart contracts and AI integration, CRGPT offers its holders not just a stake in a digital asset, but a key to unlocking a suite of AI services that enhance analytical, predictive, and trading strategies in the crypto domain.
3️⃣ This blend of Bitcoin's tokenomics, Ethereum's technology, and practical AI applications positions CryptoGPT.io as a multifaceted token with intrinsic value and utility in the evolving landscape of blockchain and AI convergence.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich
Trade active
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Comment
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CRGPT broke above our trigger swing at $1.14 and traded higher.
Wow, how did you find this gem? Menawhile I talked with crgpt team and they plan centralized Exchange launch April/May. This has 50x potential easily🚀🙌 Thanks for sharing!