The Graph
Updated

GRT sitting in tight range, look for Break Out entry

1 068
GRT sitting in a tight range, looking for a Break Out.
I prefer break- and-retest entry, others go on break.
Bulls need to flip the first red zone input support asap.

See "Related Ideas" below for info about my methods.

=========================================
Note
Still bouncing inside the channel bound by strong fibs snapshot

Zoom IN (15min) for closer look at the zones snapshot we just smacked into the ceiling again, this time with a "Ping" (exact reflection off fib).

That may be a bad sign for bulls, because:
"Not every Ping starts a Reversal,
but Most reversals start with a Ping".

So watching closely here

================================================================================================

.
Note
Broke out and Flying!
snapshot
Next target/barrier is Golden fib at $ 0.2341.
What happens there will be quite telling.
Probably reject at first, see if we can break.

================================================================================================

.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.