Set it and forget it. Throw a buck in, and set a sell order at $1.80 and just forget about it. This setup reminds me so much of a setup in MANA in 2018 / 2019. I'm not going to miss this one. Just because the market looks bearish does not necessarily mean it will continue indefinitely.
The Graph Token (GRTUSD) has been on a strong 2 day rise that made it hit the 1D MA50 (blue trend-line) again, where last time it got rejected. Being within a Channel Up for the majority of the year, it may be time for the pattern to break as GRT has formed on the 1D time-frame a bottom pattern similar to that of June - July 2021.
The LMACD just formed a Bullish...
Daily bias is bearish. 50 & 8 MA are bearish. We traded into a daily imbalance area coming in at $0.39098
We failed to break the $0.40984 in anticipation to form a Quasimodo/Head and Shoulders technique on the weekly timeframe. A bullish channel on the H4 has broken towards the downside and now an Asymmetrical triangle is forming right under it's nose. We are...
As you can see there is a clear W patient on the 1D. This one's not done yet.... It's been consolidating nicely up until recently as far as volume goes. I think we can get one more pump out of this one! This is not trading advice this is my interpretation of the chart please do your own research before entering any trade!
GRT testing a critical resistance point here that could lead us to some of the higher targets on the Bullish Shark reversal.
Positive momentum, rising volatility, in the bullish control zone, with the money flow starting to curve upward here as well as the Complex MACD cross over.
The graph a project I like.. And it is looking good to be in a 2nd leg pump to do BREAKOUT test.
This BREAKOUT test is something we see similar after hitting Support and bottoming..
Look for the forecast and the symmetry between 1st leg and 2nd leg..
This is WHY I love trading and technical analysis it is freaking art, my friend.
Again no fancy...