Gyoubu_Masataka_Oniwa

GRT 1D - Massive Falling Wedge

Long
BINANCE:GRTUSDT   GRT / TetherUS
A big falling wedge seems to be forming since the local top at 2.20 has been reached. When that top was reached BTC immediately started the correction from 64k. The price may actually dive into 0.3 - 0.4's which marks the bottom of that wedge but I think the relief rally to 1.2 - 1.5 is imminent because that correction was quite severe. In my opinion atm it's safe to accumulate because RSI is below 30 on many TF's.
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.