Grok showing a new interest volume which could be confirmed in the coming time frames.
GROK is also one of the coins that is green for the cycle
This coin could need some time to find the right levels.
Another contender to be the memecoin of this cycle. Great looking chart: bullish pendant within a bull flag. And supposedly Elon Musk was talking about it, so could emulate $DOGE.
As i was taught, the best time to buy is when others are fearful and the masses have sold their losing positions and walked away with their tail between their legs
Only then will you see a true reversal occur
This move down looks manipulated to me and is likely a move to stop out over leveraged long traders and get rid of the jeets that do not like to hold on to...
Good morning traders
A few days ago i posted about GROK and the potential it has of starting its bull run
We seen a heavy sell off last night back down to a previous support level that was set in the previous weeks
If we take a look at the volume it shows that it could be a measured move for traders to add more to their bags at lower prices before the bull...
Looking at GROK recently and after following for quite some time i think we have bottomed out on this chart. A solid cup and handle formation on the hourly TF with a retest of the handle zone
I would expect the next push to break out of this bearish channel and begin to start trending upwards into a bullish channel
What are your thoughts on GROK?
I can see a classic setup on GROK. It's trying to break out from a major trendline, and we can expect a bit of chop moves before a good pump. My indicator shows a good divergence on H4 and H1 tf, so the pump should happen soon
$Grok Grok had a 60% retracement from $0.03 high..
Current Price: $0.011
#Grok price action currently in a cup and handle (channel) pattern!
Break out of channel handle will lead to 0.017, 0.022, 0.026, 0.03
Break down from handle will retest supports: 0.0092, 0.0055 (Perfect buy the dip areas)
GROK is a meme cryptocurrency token on
Binance Smart Chain launched at 6/11/2023.
.....................................................................................................................
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are...
$Grok Grok had a 60% retracement from $0.03 high..
Current Price: $0.012
#Grok price action currently in a cup and handle pattern!
Break out of handle will lead to 0.017, 0.022, 0.026, 0.03
Break down from handle will retest supports: 0.0092, 0.0055 (Perfect buy the dip areas)
💎 Paradisers, take note of a potential opportunity with #GROKUSDT. Recently, after breaking above its descending channel, it's showing signs of gearing up for a bullish movement.
💎 For a considerable time, #GROK has adhered to a descending channel pattern and has finally managed to break above it. Currently, it has successfully completed a Market Structure Shift...
Thank you for reading this update.
Depending on our study we see that GROK has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
The Supply provided by the whales makes it interesting that this coin can have more action.
#Nottradingadvice
