Bullish News: The Graph Protocol has just unveiled "Curation" which is now live alongside Graph Explorer and Subgraph studio. These are HUGE development releases that is very bullish for GRT.
Bullish Fundamentals: GRT has broken, retouched, and bounced off it's 30 day moving average. The GRT/BTC pair confirms a move up is imminent.
Best Case Scenario: If GRT can hold an RSI above 50 and bitcoin can hold its current levels and/or move up...GRT should be seeing a fairly violent move upwards. My target is the last major support (now resistance) prior to the May 19th Bitcoin crash.
Worst Case Scenario: If bitcoin crashes, I think the bullish news can limit losses on GRT's USD pairing and maintain it's upward trajectory on it's BTC pairing.
As always, this is just my opinion and not financial advice!
Bullish Fundamentals: GRT has broken, retouched, and bounced off it's 30 day moving average. The GRT/BTC pair confirms a move up is imminent.
Best Case Scenario: If GRT can hold an RSI above 50 and bitcoin can hold its current levels and/or move up...GRT should be seeing a fairly violent move upwards. My target is the last major support (now resistance) prior to the May 19th Bitcoin crash.
Worst Case Scenario: If bitcoin crashes, I think the bullish news can limit losses on GRT's USD pairing and maintain it's upward trajectory on it's BTC pairing.
As always, this is just my opinion and not financial advice!
Comment:
Current 4hr GRT/BTC pair for comparison. Just an absolutely beautiful structure that has been built.
