GRT THE GRAPH $1.08 soon ?GRT the graph , this is the hourly chart that i am currently scalping hopefully to the road to $1.08.
I am predicting that BTC will go to $43800 shortly and hopefully it would allow GRT to continue its pump in the process, next known resistance targets for GRT are :
$0.82 , $0.86 , $0.90 , $0.96 , $1.08 !
i highly recommend scalping where we would sell on each resistance and rebuy at a bit higher price of each support where each previous resistance that was broken becomes support if that makes any sense !
keep in mind BTC has rallied hard , it might have a bit more in its tank but sooner or later the equilibrim will kick in where we would see a dip ! so even if you didn't manage to sell your GRT at the top you would definately still be able to rebuy later at cheaper prices ! i am targeting : $0.59 , $0.69 , $0.715.
This is not a financial advice , it's merely an opinion / idea , please do your own TA and when in doubt zooooooooooooom out !
Graphusdforecast
Update on The GRT Buy Potential 70% Gain back to ATHScript Buy signal triggered 02/03/21, 13 EMA crossing up 50 SMA signalling strong buy sentiment back in the market. The GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
*Update 03/03/21* The Graph did test the 200 SMA Again and has since triggered a strong BUY signal with the 13 EMA Crossing Up 50 SMA . New Fresh Highs Insight!!
Update 15/03/21
Currently The GRT is below the 200 SMA, we expect some downward pressure in the short term but expect the Bulls to be back in the market, If the 13 EMA crosses up this would be another strong buy signal back to the upside.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.