GRT recently was pretty weak as it couldn't even reach 1.65 (0.5 fib) in a correction phase on 1D. It broke out of huge triangle and the trend wasn't as strong as it should've been. In my opinion it needs another retest of main trend line underneath before we see a nice leg up to 1.65-1.71. SL level is 0.64.
On this chart for GRTUSD we can see a possible recurring pattern moving downward along the edge of said fib circle
However this is just a hypothesis
If the major trendline hodls, then we are looking at bullish continuation
Is GRT about to explode back into life? I think so. 👀
Double bottom formation together with daily golden cross due next week.
Technicals are looking very bullish for GRT and it may be about to stage a 50% move to 1.65 area, before heading even higher. 🚀
NFA & DYOR - Please like and follow if you found this idea helpful - Thanks! 🤑
grt has broken a long-term downtrend and is now pulling back on the previous trend and stabilizing its high price. If stabilized, it can move towards the price targets drawn.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
Since we had a fast and slow ema crossover (18/10/21), with the 13 EMA crossing up above the 50 SMA on the daily signalling strong bullish momentum, The Graph (GRT) has grown just over 35% from this call. From here we can expect continued bullish momentum as we head back up towards the ATH at $2.88.
Short-term targets
🎯$1.68 64% Gain from the current...
I am currently very bullish on GRT as it looks like its just about to begin its weekly climb to 3.50. Nice symmetrical triangle on declining volume and its a weekly formation. The close tonight should begin our ascent.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
GRT is sitting perfectly in the accumulation zone. This is a great price to take a long position or start DCAing into this.
This is not a financial advise.
Hello Traders. Hope you are having a great day.
Today I want to share my thoughts on GRT on 4H timeframe. As you can see GRT has this descending trendline as a resistance in the way.
So I have marked the best point to buy and Targets are shown on the chart. Also you can put SL below 0.62$.
🚩 Always remember to put stop loss for your orders in order to reduce the...
GRT is closing in on a break out
Strong fundamentals, good coin with very decent upside
If precious runs are anything to go by then this could potentiall reach 10$+ this bull run
This is a good entry for GRT
Please do your own research, this is just my idea
This currency can grow well. It is out of the triangle pattern. If the general conditions of the market are suitable, it will grow up to the specified range.
The graph has been under performing recently even though i still remain long term bullish on this great project, we could be ready for a big run coming soon if we can take out a couple key levels. First being the first pivot point we directly are on as of right now, it would be very ideal for GRT to jump above and secure this level for our daily close, next will...
GRTUSDT Technical analysis Update
GRT/USDT currently trading at $0.670
Downtrend Line Breakout
Buy level: Above $0.650
Stop loss: $0.570
TP1: $0.75
TP2: $0.94
TP3: $1.11
Max Leverage 2x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
