Possibly a good entry at $0.697 USD and below as MACD suggests an upcoming trend reversal. Will wait to see if the trend retraces at 0.697 or breaks through.
This is not so much of a Technical Analysis.
This is an introduction to a project I have been waiting a long time for. Open Graph provides a valuable service to the crypto industry in general, and because of this - the token will become well adopted. I believe this will continue to go up and outpace Bitcoin for a little while longer.
Buy the dips!
Just like...
Long scenario if it’s going to bounce off the upper end of the 15m channel, I’d like to see the resistance of the bottom of the channel to hold up and continue upwards towards $1
GRT just peeked out of its 15m channel and is currently retesting it. Potential for big move to the upside here. Simply drew channel trend lines across 5 & 15 min charts. A good scalping opportunity on what could be a massive breakout candle
On another chart it looks like GTR is overbought and needs to cool off. there is support around .28 cents but with all the bullish moemntuem we may not fall that far. .35 is my first bearish target. I would not short this though. this is a no trade zone for me.
![GRTUSD: [GRT] Short Term Long Scenario](https://s3.tradingview.com/l/liVOD0Gj_mid.png "[GRT] Short Term Long Scenario")
