MarkStPeter

GRT - Ready to break Bull Flag Channel to the upside!

Long
BINANCE:GRTUSDT   GRT / TetherUS
Hello Traders,

You can see on my last post we had flipped the EMA's and we had a cross of the 25/50 EMA on the hourly.

We've held the $.33 range for the last 12-hours.

If we can break this channel to the upside we should be set to hit the next resistance of $.37 and then break to the recent highs of $.41.

Good luck!

Trade active:
On the short time frame, we may now experience a pullback, which could be a good entry point to get in. As we are currently in consolidation with Higher Lows and Lower Highs. On all of the larger time frames, we are still very bullish. The 2-hour chart is showing a cross of the 100/200 EMA.

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.