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evasivesteering
Jan 14, 2023 10:04 PM

GRT looks good Long

GRT / TetherUSBinance

Description


GRT is an AI crypto with the biggest market cap. While other lower cap coins (like FET, OCEAN, RLC...) have printed very nice performances, GRT is still waiting for a breakout.

We may see this to happen quite soon. In 2D TF, GRT prices are at breakout point of a descending channel. However, volume indicators broke already their trendline resistance.

In my opinion, it's interesting to take a look on this crypto.

Comment

GRT had risen 11% from referenced entry. It is consolidating right below the MA 200D.

Comment

Retest done and GRT is going up

Comment

GRT increases 45% since entry

Comment

This price action is a typical Wyckoff one.

Comment

Correction of Wyckoff chart

Comment

Target 1 ($0.131) hit
+63% since entry

Comment

Target 2 ($0.1726) hit
+126% since entry

AI hype is a good for GRT to go up faster

Comment

Target 3 ($0.2282) is done.

What makes this pump of GRT?
Comments
baba0071
it will down soon to 0.06 after reaching 0.1145... AN INTERNAL SOURCE INFORMATION from GRTusdt as they internally r manipulating its own prices as per finance bodies told in news....
evasivesteering
@baba0071, thanks for info but i didn't see a huge correction as you mentionned
whitebird77
@baba0071 yes i like to see it goes down badly coz i missed the boat.
obriennathaniel
@baba0071 @evasivesteering he’s been commenting the same BS since .09 saying it was going to drop massively 😂. I have no idea what his motive is but it’s hilarious.
bed87
@obriennathaniel, Do you have any idea why it's surging so much in one day though?
obriennathaniel
@bed87 hype, and the BTC pair has an open path ahead of very little resistance so it’s flying. With BTC going sideways, BTC dominance bouncing off resistance and total market cap flipped SR so there’s a ton of room to fly.
bed87
@obriennathaniel, I hope in the near term very soon it can reach close to 0.50 that would be a good goal to regain what's been lost.
obriennathaniel
@bed87 id say that’s very likely, I got in when it hit a double bottom on the weekly so I’m letting this ride until the ATH, unless I see a massive correction coming before it continues to it’s ATH and past it. Depending on how things look when it hits .74 is when I’ll make my next decision.
bed87
@obriennathaniel, Are we going to continue an increase or fall back to that previous garbage level?
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