GRT/BTC Main Trend. Cup 230%. Accumulation channel 42%.

A large cup is forming. The price came out of the downtrend secondary (red line). A 42% channel has formed in the sideways trend (potential 2 phase of the cup), i.e., accumulation of the position.

GRT/BTC Secondary trend. Channel 42%.

Comment:

There is a further accumulation of the crypto phantom in the horizontal channel. The price is at the support zone of the inner channel. Standard work in the accumulation channel.

Comment:

price reached the support of the horizontal channel level 1521. Local descending wedge.

Comment:

Horizontal channel support due to BTC/USD price growth broke through (leveling/adjusting price to USDT). Working with the local resistance of the wedge.

Comment:

After the break of the local descending wedge, a potentially reversal trend pattern was formed - a double bottom.

Comment:

+40% c breakdown of the wedge resistance. The price entered the mirror resistance level (support of the accumulation channel).