hi guys, i how you are enjoying this Sant Friday with all your family.
i post this daily chart because i want to be completed the theory about up flags triangles.
lets wait if after 3 days (i think) triangle brokes resistance and the graph goes upper.
- Keep things simple.
- Big projects take time but will make the safest rewards.
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Medium Term Targets
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TP1 : 0.5$
TP2 : before 1.8$
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SL : No need
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Happy Tr4Ding !
- 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 (...
$GRT has confirmed bottom of channel with clear support and resistance levels.
Project adoption continues with significant support voiced by Vitalik re: utility for #Ethereum ecosystem.
#GRT unlikely to see current price again as the crypto market matures.
The Graph (GRT) Update 17/10/21: 260% Gain back to the ATH @ $2.88 from the current price level. Since reaching its ATH on 12/02/21 at $2.88, The Graph has experienced moderate retracements in the range between the 38.20% fibs and 78.60% fibs from 12/02/21 to 12/04/21 (from $2.88 to $1.39 50% drop before the May crash). As we saw across the whole market, GRT was...
i was surprised by the weakness of one this big project while BTC was correcting.
No impulse, No rage, No Surprise. Stayed in perpetual weak downtrend for now.
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- So i will give a trading simple way :
- Should wait GRT break...
I don't know what this is and I don't think it really matters The Graph - ok. This is a very weak chart, similar to ETH but much worse. Price is hovering under 1hr 50ma which in a downtrend it probably won't cross, and almost all support has passed and is now resistance. VPVR shows there is very little support, so this could walk straight of a cliff shortly and ...
