jeremy_bearimy

jeremy_bearimy

I personally am going really long on GRT... tonight. i'm all in. Dont ever go all in, but i am, lol. Not Financial Advice.

jeremy_bearimy

I remember watching GRT hit a dollar last February, and like a lot of people watched it fall back a bit. I was in profit, as i mostly bought around $0.50 and happy with my gains. I sold, only to watch it skyrocket to close to $3.00. I bought and sold a few times around $2, but when it fell (with everything else) I was able to buy enough at $0.50 to get my...

jeremy_bearimy

GRT is moving right along with everything else and appears to have completed an inverse head and shoulder pattern. Bitcoin still controls what happens, but this lines up with the .5 fib just about perfectly. Back to 1.17 soon. Bullish as always in the long term as GRT is so severely undervalued!

jeremy_bearimy

How about some trying times to go with your trying times? Thanks, Elon. Anyways, in these moments I like to look at the bigger picture. We've been here before. We'll be here again. Good luck!

jeremy_bearimy

I'm personally buying. Also, I'm terrible at this. Not advice, just what I'm seeing.

jeremy_bearimy

It would appear that we've broken out of the enormous triangle on the GRT/BTC chart. I think a likely target in terms of BTC over the weekend/next week would be 0.00005BTC (or around $2.50 USD).

jeremy_bearimy

Just a quick idea... this is a distinct possibility.

jeremy_bearimy

I saw a similar comparison on either Twitter or an Idea here and decided to chart it myself. MATIC and GRT had very similar paths, at least since 3/1/2021 (on different scales). The orange line is MATIC, and the blue is my hypothetical GRT path. In a time when a massively oversold and undervalued coin like GRT is down over 30% in the last 60 days, it's good to...

jeremy_bearimy

Just a note on my last post that i was looking at the 1hr timeframe, but it would appear that we stopped right at 1.73, which was the next FIb level on the 4hr timeframe. The 4hr does seems to line up much more nicely, so reposting. Next stop: 1.73 (again) and then 1.92!

jeremy_bearimy

Quick note: we just broke through the upward channel we've been in for a while now and the next fib level. Next stop would be $1.75, Bitcoin willing. My thinking currently is that GRT should be in the top 10 by market cap, but it's sitting at the #71 spot. With around a $2B cap, GRT just has a TON of room to grow right now, and it is fundamentally better and...

jeremy_bearimy

Quick update. Things are looking up for GRT. We have broken above the triangle, but need to confirm on a bigger time-frame. We have some previous resistances to break through, but my short-term goal would be $2.90 (next few days) if we can stay up above the triangle today. The important thing to note here is that we are most definitely not going down to $1.00, IMHO, lol.

jeremy_bearimy

I've seen a few different interpretations of the "giant triangle" depending on where you draw the lines, what timeframe, to use wicks or not to use wicks, etc. This slightly adjusted version from my last chart is what seems to be playing out... The good news is i think we hit rock bottom, and have nowhere to go but up. There is no logical reason for the sell-off...

jeremy_bearimy Updated 

I was trying to make sense of the dip last night. Generally I see many tokens moving pretty much with bitcoin but still respecting their own trends. Anyways, this morning, I checked my email and realized that coinbase listed three new coins at about the time of the dip. Now, there are plenty of alts on coinbase, but not many that looked as good as GRT did before...

jeremy_bearimy

Purely speculative... not a very technical post. Sometimes it's nice to just publish your thoughts. That said, I feel like GRT is severely undervalued right now due to nothing more than the recent bitcoin pullback(s), and this is just one possible path to $4.00. I hoped for a chance to buy GRT at a discount, and here it is, so I'm going to get what i can while I...

jeremy_bearimy

So i had tried to publish this from my phone and the result wasn't great, so reposting. I previously mentioned (on a very small timeframe) that i believed we had broken out of a "giant triangle". We just retested the trend-line support, and I believe I can say with some degree of certainty that we have confirmation that we broke to the upside. We could be looking...

jeremy_bearimy

Well, we broke out of that giant triangle. I fully expect a huge pump in the next few days...

jeremy_bearimy

I've been here before a couple times, but it's just a matter of time before it breaks out...hopefully to the upside. I just can't seem to make sense of all the possible trend lines.

jeremy_bearimy Updated 

I'm not an expert, but it does appear that we're repeating the same pattern, doesn't it? Next drop to support would be around 30k if it repeats, i think. Perhaps it'll bounce off the trendline that is very near the previous pattern, so possibly 31.3k. Just putting this out there for review, do your own analysis, obviously. I really want BTC to hit 35k again...