Moving In Descending Channel While Forming Bullish Pennant Too Incase Of Expecting Massive Bullish Wave In Midterm Expecting move towards 1$ In Midterm
Grt Approaching Towards Major Trendline & Forming Descending Channel In 2day Timeframe
Incase Of breakout Expecting Another 500 to 600% bulish Move
seems Like getting Ready For Massive Recovery
Formed And Breaking descending Channel In daily Timeframe
Incase Of Breakout Expecting 200 to 300% Bounce In Midterm (Entry Will Be Only Valid After Breakout)
Safe Stoploss Would Be Below Falling Wedge Or Swing Low
- i will add a link in comments to my older GRT analyse where we got a rejection around 1$.
- To make it quick. GRT is reaching a buy Zone, but like always you have to check TheKing Movements.
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Trading Parts :
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Buy Zone 1 : 0.65 (...
Still waiting for the daily close above the upper channel's descending trend line/flag.
We touched the trend line drawn from back in Jan 2021 and respected it beautifully with a wick back up. This level was also around the 0.618 fib.
Short term targets once broken for leveraged positions will be as indicated by the two wicks TP1 1.974 & TP2 2.22 as indicated by...
