Not much data to work on, but no Entry for me
Hello hello,
My first post on GRT/Euro and looking into this token.
The token itself looks interesting from a technology perspective, but for TA (Technical Analysis) purposes; not quite there yet.
There is not much data to fill into the indicators so I can only work on the 1H and the 4 Hourly, and it is not convincing for an entry point just yet.
BTC is strong along with other large crypto assets and that might drag interest away from early tokens like this one. Meaning that we might see more sell pressure in order to enter into other assets.
The majority of the trading volume sits around price of 0.31 Euro, which is a little higher, indicating that there a some people with current loss if they sell.
Question is: will they accept that loss in order to ride other coins which is probably a safer ride?
The answer remains to be seen, but I will probably set some low buy order in case the price do drop.
This token needs some more trading days, but GRT is on my watch list!
Stay safe out there and good luck hunting profits!
My first post on GRT/Euro and looking into this token.
The token itself looks interesting from a technology perspective, but for TA (Technical Analysis) purposes; not quite there yet.
There is not much data to fill into the indicators so I can only work on the 1H and the 4 Hourly, and it is not convincing for an entry point just yet.
BTC is strong along with other large crypto assets and that might drag interest away from early tokens like this one. Meaning that we might see more sell pressure in order to enter into other assets.
The majority of the trading volume sits around price of 0.31 Euro, which is a little higher, indicating that there a some people with current loss if they sell.
Question is: will they accept that loss in order to ride other coins which is probably a safer ride?
The answer remains to be seen, but I will probably set some low buy order in case the price do drop.
This token needs some more trading days, but GRT is on my watch list!
Stay safe out there and good luck hunting profits!
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