GRT: Correction Trend *UPDATE* | Climbing to $1 and Beyond!
Hey everyone,
Just a quick update on GRT's current trend. After our massive climb to $.88 from this past weekend, we are currently in a correction phase. Support is still strong above $.73 for now. If we break below support, then expect price to drop in the mid to high $.60's range. For now, as the price squeezes further into the triangle we should be close to a breakout. I expect to see some action later this week.
*** NOTHING IS GUARANTEED. IDEAS ARE BASED ON PROBABILITY ***
*** NOT FINANCIAL ADVICE ***
Just a quick update on GRT's current trend. After our massive climb to $.88 from this past weekend, we are currently in a correction phase. Support is still strong above $.73 for now. If we break below support, then expect price to drop in the mid to high $.60's range. For now, as the price squeezes further into the triangle we should be close to a breakout. I expect to see some action later this week.
*** NOTHING IS GUARANTEED. IDEAS ARE BASED ON PROBABILITY ***
*** NOT FINANCIAL ADVICE ***
Comment:
Still holding steady above $.73 for now. We dipped to the $.72 area a couple times but there was enough buying pressure to keep them as wicks.
Comment:
MACD looks like it's about to cross upward on the 2HR. I'm expecting upward movement in the next few days. ETH is also making new all time highs.