After a flying start and a bumpy couple of weeks after, GRT has established itself as a potentially amazing coin to invest in. Currently, its only a matter of hours before GRT manages to break the $1 resistance. When it does so, what's next for this coin?
Before entering a trade, wait till the price closes above the yellow line. Higher time frames yield higher predictability.
Since GRT is currently inside a channel, I'm expecting it to either adhere to the channel or to break it on the upside. Since GRT is currently at the bottom of the channel, there's potentially a lot of upside here.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $1.30 and $2.00. Do your own due diligence.
Happy trading!