Hello TradingView Family / Fellow Traders,
📈 GRTUSDC has been overall bullish trading above the rising trendline in blue.
Currently GRT is undergoing a correction retesting the trendline acting as a non-horizontal support.
🏹 For the bulls to assume control again and initiate the next bullish impulse movement, a breakout above the red channel and last high in blue is required.
Meanwhile, until the buy is activated, GRT can still trade lower to test the lower blue trendline or even break it downward for an over-extended correction.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📈 GRTUSDC has been overall bullish trading above the rising trendline in blue.
Currently GRT is undergoing a correction retesting the trendline acting as a non-horizontal support.
🏹 For the bulls to assume control again and initiate the next bullish impulse movement, a breakout above the red channel and last high in blue is required.
Meanwhile, until the buy is activated, GRT can still trade lower to test the lower blue trendline or even break it downward for an over-extended correction.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT