GRT has been rallying tremendously since its launch in Dec 2020 and has been consolidating since its ATH on Feb 12.
The correction and consolidation has been ongoing for almost 2 (!) months now and since GRT shows these bullish signs:
- MACD cross
- MA cross
- Just set lowest low on RSI (similar to DOT before its recent run-up)
- Cup and handle with neckline in the golden pocket and (still early) seems like a solid bounce from the neckline!
Other factors to take in mind:
- trending on Coingecko
- immensely popular with retail, especially in the USA; with holidays this weekend, I expect the popular coins to surge
- did I say alt season? alt season!
Short term target (next 3 - 7 days): +30%
Mid term target (by mid June): +90%
I expect GRT to outperform BTC in the coming weeks / months, ofcourse; its alt season. :)
Check the links below for more alt coins with huge potential, happy days!
Long term: Given its use case will be increasingly important in the new blockchain based economy, I see huge potential long term for GRT.
But of course you dont care because we are all here for the short term gains; so trade the breakout, if you agree, good luck!
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
The correction and consolidation has been ongoing for almost 2 (!) months now and since GRT shows these bullish signs:
- MACD cross
- MA cross
- Just set lowest low on RSI (similar to DOT before its recent run-up)
- Cup and handle with neckline in the golden pocket and (still early) seems like a solid bounce from the neckline!
Other factors to take in mind:
- trending on Coingecko
- immensely popular with retail, especially in the USA; with holidays this weekend, I expect the popular coins to surge
- did I say alt season? alt season!
Short term target (next 3 - 7 days): +30%
Mid term target (by mid June): +90%
I expect GRT to outperform BTC in the coming weeks / months, ofcourse; its alt season. :)
Check the links below for more alt coins with huge potential, happy days!
Long term: Given its use case will be increasingly important in the new blockchain based economy, I see huge potential long term for GRT.
But of course you dont care because we are all here for the short term gains; so trade the breakout, if you agree, good luck!
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Comment:
GRT UPDATE: we wait for a break out, if GRT stays above the neckline (double black line) I stay bullish, we have to wait for the USA to wake up and get on it...
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