Long GRT
GRT had broken the long-term trendline and has been consolidating above this trendline for a while.
In my opinion, the accumulation is done soon and GRT price will go up faster.
As a result, a buy setup is as in chart:
In my opinion, the accumulation is done soon and GRT price will go up faster.
As a result, a buy setup is as in chart:
- Target $0.23
- Stoploss $0.14 (below the red EMA 50D)
Note
GRT is 8% up. The phase D of Wyckoff's accumulation is on going in my opinon.Note
GRT is +16% up
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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.