GRT finds itself at two intersecting resistances.
First is the June 2022 lows, and the second is the year old diagonal.
If we get a close above those two intersecting resistances, then I think it's reasonable to target ~30c.
Hello guys. As you can see on the chart, finally the breakout happened and pullback and new ascending is on If the whole market follows. So I expect growth to the first target and then next targets. The targets will be 13 - 23 - 30 - 50.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and...
GRT is an AI crypto with the biggest market cap. While other lower cap coins (like FET, OCEAN, RLC...) have printed very nice performances, GRT is still waiting for a breakout.
We may see this to happen quite soon. In 2D TF, GRT prices are at breakout point of a descending channel. However, volume indicators broke already their trendline resistance.
Formed And Breaking descending Channel In daily Timeframe
Incase Of Breakout Expecting 200 to 300% Bounce In Midterm (Entry Will Be Only Valid After Breakout)
Safe Stoploss Would Be Below Falling Wedge Or Swing Low
Few investment vehicles in the world can be instantly identified by just three letters. But to crypto enthusiasts everywhere, "GRT" has become synonymous with excitement, high performance and unparalleled refinement. Making its world debut just a few days ago, the Nissan GRT has taken the price to a level that was unimaginable when it was first introduced.
I made an analysis before for GRT in 1 month ago and until now its following my analysis
Lets talk about the chart :
–massive falling wedge
–potential double bottom
– resistance not broken yet but it try to do
From this point ,the pattern has great chance to made the breakout this time and if its done ✔️ massive pump will followed...
You can find this crypto is iTrustCapital.com - A crypto I.R.A.
What Is The Graph (GRT)?
The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve...
Price had tapped perfectly into our 4h supply zone where it got heavily rejected from. MACD is bearish, RSI is sold and EMAs are neutral. I expect price to keep moving down and take out the equal lows at $0.0682.
GRT / USDT
Price is trading in this massive wedge since feb-2021 and recently we spotted early positive signs
If price made a successful breakout from this wedge , we see a minimum target 200-300% for the bulls in next few weeks
Keep an eye
previous high asian session
new swing low consolidation london session change of character
from downtrend to uptrend
new york liquidate asian session high making fvg snr push price more high
i set buy long to fvg snr new yor session where it liquidates asian session
swing high new york seseein make swing failed can enter sell but i set buy long to fvg snr...
Price is currently in a range showing no major movements. MACD is showing some bearish momentum, RSI is bought and EMAs are bullish. I expect price to move down and retest the support at $0.066 before potentially moving up again from there.