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GreenCryptoTrades
Mar 26, 2024 7:21 PM

GRT/USDT - Descending Triangle Pattern - LONG Trade Long

GRT / TetherUS PERPETUAL CONTRACTBinance

Description

BINANCE:GRTUSDT (4H CHART) Technical Analysis Update

GRT is currently trading at $0.3942 and showing overall bullish sentiment.
Currently the price has formed a nice descending triangle. Price has successfully broken out from the descending triangle and now the price is retesting. This is a good opportunity for a long trade with decent RR.

Entry level: $ 0.3972 (after retracement)
Stop Loss Level: $ 0.3491

TakeProfit 1: $ 0.4211
TakeProfit 2: $ 0.451
TakeProfit 3: $ 0.4959

Max Leverage: 5-10x
Position Size: 1% of capital

Don't forget to keep stop loss.

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GreenCrypto

Trade closed: target reached

Target 1 reached.
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