MyCryptoParadise_Nathan

GRT/USDT Break this level, It will be confirmed Bullish movement

BINANCE:GRTUSDT   GRT / TetherUS
💎 GRT has recently demonstrated noteworthy market dynamics, seemingly breaking out of the major cup and handle pattern, a reversal pattern indicating bullish momentum.

💎 However, for further confirmation, GRT needs to break above the bearish OB + supply area. A successful breakout from this zone could lead to a significant upward movement, probability signaling a bullish trend.

💎 Conversely, if GRT fails to break above and experiences rejection, there is potential for the price to retreat downwards towards the support area, which previously acted as resistance at the neckline of the CNH pattern.

💎 The support area holds significant importance, as a failure to maintain price above this level could invalidate the pattern, potentially leading to a reversal back into a downward trend. This could result in further decline towards the demand area, or possibly even lower levels.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.