GRT/USD - Defies gravity at $2.88! Breakout even higher?
GRT has done an amazing run these past two days, going from $1 to almost $3!
Holy hell! Congrats to all those that held from under $1!
Now we have formed a very interesting chart. We broke outside of this ascending channel and we may be about to make it support!
If that happens, then higher levels will be possible and I'd not be surprised to see GRT go to $3, $4, $6 and beyond.
For now we need to take a breather here, ensure the previous resistance becomes support and then we're good to go higher still. The yellow parabola allows for quite some space for the price to relax before pushing higher still.
The indicators are also cooling down slightly, but momentum is very strong, as indicated by the volume... I mean, we have not had this kind of volume since our last ATH.
Bias is very bullish for GRT and remains so as long as we stay above the old channel.
Enjoy!
Like and follow if you liked this idea! Also join my crypto channel to stay in touch!
Holy hell! Congrats to all those that held from under $1!
Now we have formed a very interesting chart. We broke outside of this ascending channel and we may be about to make it support!
If that happens, then higher levels will be possible and I'd not be surprised to see GRT go to $3, $4, $6 and beyond.
For now we need to take a breather here, ensure the previous resistance becomes support and then we're good to go higher still. The yellow parabola allows for quite some space for the price to relax before pushing higher still.
The indicators are also cooling down slightly, but momentum is very strong, as indicated by the volume... I mean, we have not had this kind of volume since our last ATH.
Bias is very bullish for GRT and remains so as long as we stay above the old channel.
Enjoy!
Like and follow if you liked this idea! Also join my crypto channel to stay in touch!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.