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GRT3xShort/Tether

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GRTUSDT.3S trade ideas

GRT/USDT Gaining Momentum for a Bullish Reversal | Get Ready💎#GRTUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $0.262 will hold and set the stage for a bullish reversal that could push the price to reach the channel's upper resistance. 💎However, if #GRT fails to maintain the $0.262 support and breaks below, this will signal an extended downward trend. The subsequent critical demand zone at $0.2474 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements. 💎Should JSE:GRT revisit this demand zone, securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines. 💎Stay alert and ready to adapt, Paradisers. Your ParadiseTeam is vigilantly monitoring and prepared to guide you through the volatile dynamics of the #TheGraph market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
1
GRT - My theoryHere is my theory and this chart is a perfect example. I believe that all the coins that have already hit their 702 retracement of their MARKET CAP are going to extend to their 4.23 EXT of their MARKET CAP. This is a price chart of GRT. Even if GRT extends to the 4.23 of its MC ($2.66), it will not reach a new ATH. So why is that - its due to inflation. Still, that's nearly a 10x from here. GRT has alot going for it as far as narrative is concerned - AI, blah blah blah. Excited to see if the theory plays out - other coins I expect to go their 4.23 EXTs: HBAR - 0.81 NEAR - 49.57 ICP - 110 AVAX - 353 CLV - 1.12 OCEAN - 5.09 JASMY - 0.116 The interesting part after looking at these coins is they all have good narrative behind them, except for CLV. But the fascinating thing is HBAR, NEAR, ICP, and AVAX - all of these coins are in the top 15 coins for development activity. Tons of new developers - projects that have actual use cases. There are other coins that have even higher development activity - DOT, ADA, ATOM, LINK, KSM, SUI, OP, APT. The interesting part of these is that the price action does not reflect them going to their 4.23 extensions. That doesn't mean they can't go to new ATHs, I actually think many of them will (except KSM). DOT, ADA, ATOM, and LINK just don't have the price action to support it - even though they may go close I don't think they will get there. SUI, OP, and APT just don't have enough price history to predict. Let's see how they theory plays out.
Long
by lanehammet22
2
GRTUSDT breaks the descending channel.Hey traders, Welcome to our crypto community! 🚀Whether you're a seasoned trader or just starting your journey in the world of cryptocurrencies, we're thrilled to have you here. We are willing to share about GRT coin. #GRTUSDT Update: 💹. The 12 hr chart of #GRT shows a descending channel 📊. Now it is struggling to break the strong resistance area, Once it closes above then we will see a massive bull rally. Expecting nearly 80% increase from this point in the near future 👉✅.
by CryptoAnalystHub
🛑🔄 "GRT Analysis: Resistance Break and Trend Shift"🚀📊🔍 Let's analyze and review this cryptocurrency coin together, as we might find new entry points. 📊 In the weekly timeframe, after price support at 0.0771, buyers began entering the market, and we saw green candles that broke through the 600-day weekly box, making a sharp upward move past 0.1880. 🔻 Following this, we hit the significant resistance at 0.4545. Due to Bitcoin's correction and global events, we observed red candles. However, a correction after such an upward trend is not only normal but necessary for the trend's health, as confirmed by the decreasing volume during this correction. 📉 Now, let's move to a lower timeframe and examine the daily chart. For this upward trend, we can draw a Fib Retracement from 0.0771 to 0.4549, which is currently the last point of the trend. We corrected to the 0.382 Fibonacci level. Notably, if we find support at the 0.382 level, a new upward trend is likely. This will be confirmed after breaking the 0 Fibonacci level, which is the latest high. ⚠️ With this view, we can make a risky buy at 0.2316, as we have seen supportive candles form and move at this level. If you follow my channel, you'll notice we performed a similar analysis for AR coin. 📈 For a long position, after breaking the 0.3051 resistance, we can open a position in the lower timeframes, albeit risky, aiming for the 0 Fibonacci level. 📉 For a short position, it is better to wait for the 0.2316 support to break, considering the likelihood of moving towards the 0.5 Fibonacci level, which is a crucial support both for Fibonacci and Dow Theory. However, if you trade in lower timeframes like me, you can open a short position after the 0.2620 level breaks, anticipating a sharp break of the 0.2316 level. 🪙 Regarding the market, after yesterday's news about DXY, this chart turned bearish, effectively devaluing the dollar rather than increasing Bitcoin's value. This caused a pump in the market, accompanied by an increase in BTC.D. We need to wait for this chart to become bearish again before buying or opening a long position on GRT. ⏳ Currently, we do not have an entry point for buying and will wait for a new setup or for the 0.4549 level. In the meantime, keep an eye on coins likely to rise against the Bitcoin pair or break a box, as this can significantly boost their performance against the Tether pair. 📊 Our upcoming supports are 0.2316, 0.1880, and 0.1524, while the resistances ahead are 0.3641, 0.4549, and 0.6017. 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.
Long
by RealMRA
5