$GRT is in a falling wedge, hitting the .5-.6 Fib. Zone around 1.4, which is also being marked by previous support and resistance lines.
If $GRT isn't automatically lifted out of the dip with other alts, it should tap that 1.4 line before making its move upwards. Great Buy Zone
The first wave of fall in the GRT market . We wrote about it in our previous idea:
Sellers managed to lower the price by 40% in 2 days and set a new local low of $1.3
The buyers managed to counterattack quite successfully. The critical point for...
GRT has seen a spectacular drop recently, together with most of the crypto market. The drop came to an end when GRT touched the bottom support of the channel. This trade is based on the idea that GRT will follow said channel.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. R2 is...
Less than a month has passed since the publication of the previous idea on GRTUSDT , and the price made x6
Let's figure out how it happened.
In the previous idea, we expected a 30% correction in the GRT price, received -25%, and the GRTUSD price began to turn upward.
The goal of the idea was x2-x3. And when the price of GRTUSDT reached there, it was too...
A bunch of notable altcoins have formed very strong harmonic patterns on the daily timeframe.
This is just one of them. I am expecting price action to continue sideways, with a slow incline, and then a good last downward drop before reaching for new highs. You can wait for the drop again towards the end to place your positions or follow it taking it small profits...
#GRT/USDT profit update:-
$GRT currently trading at $2.47
And our 1st Targets has been achieved.
12% pure profit within 3 hours.
Entry:- $2.23 ✅
TP1:- $2.44 ✅
Still more rooms for upward sideZ
But safe trader can book profit.
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Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
#GRT/USDT TA Update:-
#GRT looking good in LTF.
Now Brokeout the resistance level of bullish Pennant.
If you want to 100% safe trade then If 1 hours candle close above $2.275 then best entry.
I am targeting 2 Points for Profit.
1st :- 20%
2nd :- 76%
Stop Loss:- if Any 1 hours candle close below $2.08 then I...
On h4, the price found support at $ 0.3 (61.8% Fibonacci). Besides, the downtrend line was broken upwards, which indicates a possible end of the downward correction.
On h1, the price forms wedge-shaped patterns, which indicate a possible start of a rapid upward price rise.
We recommend buying GRT to keep the position above $ 0.5
GRT in a good position for selling contract and will give you a fine entry point soon so heads up for the entry point and go for the take profit targets
confirmed by advanced price action
you have to set this up on perpetual type and in futures or margin markets
What is The 🌟Graph🌟?
The Graph ($GRT) is a decentralized and open-sourced indexing protocol for blockchain data. Developers can build and publish different APIs, which are referred to as subgraphs, and perform queries through the GraphQL.
The platform can easily be used to look for any Ethereum data conveniently through simple queries. This addresses the common...