🌧️ GRT Breakout Of Descending Wedge

GRT recently broke out of a descending wedge pattern, and currently its price is stabilizing around the $1.76 level. There is high selling volume from >=$1.81, so expect GRT to accumulate around there for a while before breaking higher. Of course, we cannot discount the possibility of another retracement back down, so remember to set your stop losses based on ATR and the next lowest wick one Fibonacci level below.

For April, GRT will have subgraphs coming to the main net, which could be a bullish news. Together with the breakout of the descending wedge, we can expect good news for GRT in the coming weeks.