The Graph vs Bitcoin (GRTBTC) is breaking out of a strong downtrend confirmed by the RSI, volume and EMA50.
EMA50 because it moves above this level today; Confirmed.
RSI very strong at 60+; Confirmed.
Volume breakout with two consecutive days green... Confirmed.
The down-trendline is also the upper boundary of a major falling wedge.
Another strong...
Logarithm. Time frame 1 day. Secondary trend.
The coin is traded on more than 40 exchanges, including the top ones.
The Graph is a web3 protocol for easy access to blockchain data.
In the pair to bitcoin, there is a significant redemption of volume. Perhaps some kind of pump group is gaining. It should be understood that this is a risky asset of the so-called...
Here we an altcoin's btc pairing that has a chart that is identical to the major altcoins usdt pairs...
What does this mean?
Bullish...
We are going ultra low risk on this setup.
The risk is set at ~6%.
The potential target is set at ~80%.
That is all for today.
Namaste.
Pair to bitcoin, downtrend, now price is consolidating in sideways movement (trend flattening).
The price has formed a rectangular consolidation, with the upper boundary around 560-575 satoshi.
Potential entry point when this consolidation is broken on a large vertical volume on your timeframe (1 hour, 4 hours).
If the breakdown will not be on heavy...
GRTBTC is testing the daily resistance right now.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h...
There is a potential inverted Head & Shoulder pattern forming on the GRT/BTC trading pair. The shoulders are located at the same level as previous support and resistance levels.
Current prices give a good risk - reward ratio to try and trade the break out to the upside. Note the descending trendline that has been forming since June. This trendline might give extra...
Hi followers,
BINANCE:GRTBTC formed nice move up after a false breaking the support area,
This move followed by higher lows and a retest of the support area,
Possible scenario is a consolidation before breaking out the big downtrend line, which may suggest a big move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my...
A large cup is formed, in it formed (potential Phase 2) horizontal channel 42% (shown in the graph). Work in it. The price came out of the downtrend secondary (red line).
GRT/BTC Main Trend. Cup 230%. Accumulation channel 42%.
A large cup is forming. The price came out of the downtrend secondary (red line). A 42% channel has formed in the sideways trend (potential 2 phase of the cup), i.e., accumulation of the position.
GRT/BTC Secondary trend. Channel 42%.
Grt has been consolidating since February 2021 and it has touched the trend line 6 times now, once this has started to pump with high volume and cracked $1.10 this will rocket so hard.
GRTBTC is testing the daily resistance, If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
...
BINANCE
