GRT X2 after my bottom call What Next ?GRT / USDT
Almost x2 after my bottom call in 8th January last month for GRT
Check my previous analysis here : ⬇️
WHAT NEXT
The most important support is around 0.08$ shouldn't breakdown on weekly time frame to remain bullish
The same view as my original analysis we see bullish continuation toward the resistance shown in my chart as long as it held the support mentioned above
Don’t forget to support my idea by likes and follow for more
GRT
GRT looks good
GRT is an AI crypto with the biggest market cap. While other lower cap coins (like FET, OCEAN, RLC...) have printed very nice performances, GRT is still waiting for a breakout.
We may see this to happen quite soon. In 2D TF, GRT prices are at breakout point of a descending channel. However, volume indicators broke already their trendline resistance.
In my opinion, it's interesting to take a look on this crypto.
🤖AI COINS IS GOING TO THE MOON: TRADING PLAN FOR FOLLOWERS🔥🔥Hi, friends! The AI coins are on fire now. ChatGTP, OpenAI (Elon's AI company), and Microsoft AI events are the main topics of the last month. Today they are pumping the most.
🚩 I recommended to but NMR a few days ago, which is already makes +50% in a 3 days. So this idea will be for my followers who already miss the AI trend, but want to enter the market.
OCEAN is the top gainer of the last days (+275% in a month). It already reaches the strongest resistance: 2 global trendlines and a HUGE value area. If it brakes them now, I will try to find the entry point to long.
📊 MY TRADING PLAN FOR OCEAN:
1. close above all the resistance and test it as the support(!)
2. huge buy orders during the test of the levels as the support on DOM and Footprint scalping tools. These indicators help me to identify the whales and open the trades with them
3. bullish BTC and ETH is the must-have
🚩 The most accurate signal to sell is the volume huge spike. In almost 100% it was the top of this altcoin.
✅ MY TARGETS FOR OCEAN:
🔥$0.75 - the closest key level
🔥$1 - key level and even number
if BTC continues to grow, highly possible that OCEAN will reach the ATH this year.
Traders, what do you think about the hype around AI tokens? Do you make money on it? Show your most profitable trades in the comments.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Why GRT price growing and what do GRT and ChatGPT have in commonToday we will talk about the GRTUSDT trading pair.
The downward trend in the GRT price began in February 2021, almost a year earlier than most altcoins. Because in 2021, interest in DEFi projects began to wane. The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem.
Now, interest in the DEFI sector is returning a little bit, and the volume of locked assets (TLM) is increasing, but it is hard to believe that these events provoked such a rapid growth in the GRTUSD price. Moreover, price growth on falling volumes is not okay.
No matter how ridiculous it may sound, we assume that many crypto users buy GRT because of the similarity in sound and spelling to the hype ChatGPT
And if our assumption is correct, we can congratulate all of us - the alt-season is near . In our memory, the last time it happened was in 2017, when users did not really delve into the essence of the project but bought it because it would be more expensive tomorrow.
And if we are wrong, please correct us in the comments below the idea.
As for the possible movement of the GRTUSDT price, we are more inclined to the white scenario, where the price will not be able to gain a consolidated above $0.18-0.20 and will begin a correction to the $0.11 area.
On the other hand, if the hype around GRT continues, which we don't understand, and the price is able to gain a foothold above $0.20 . We don't see any strong obstacles to continuing the rapid growth to $0.39-0.40 on the chart.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
GRTUSDT, new opportunity to growth, THE GRAPH. UpdateHello guys. This is an update of previous analysis (blow link), As you can see on the chart the first target with 80% reached, for now the price needs some correction and rest to the support base band and new ascending is on If the whole market follows. So I expect growth to the other targets. The targets will be 13 - 23 - 30 - 50.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
GRT in Motion: A 1-Hour Trading Chart Analysis of the Fast-PacedIntended Audience: New traders just learning to Trade Crypto
Fundamentals:
GRT is a cryptocurrency built on the Solana blockchain, designed to provide a fast, secure, and efficient platform for decentralized applications and digital assets. GRT aims to offer a scalable and low-cost solution for businesses and developers to build and launch decentralized applications and digital assets.
The platform provides a range of tools and services, including a high-speed decentralized exchange, a marketplace for digital assets, and a suite of developer tools to help businesses and developers create new decentralized applications and digital assets.
GRT aims to make it easy for businesses and individuals to participate in the decentralized economy and to access the benefits of blockchain technology, such as fast and low-cost transactions and increased security and transparency. By offering a fast, secure, and efficient platform, GRT aims to empower businesses and individuals to build the next generation of decentralized applications and digital assets.
Technicals:
A 1-hour chart analysis of GRT can provide valuable insights for short-term swing traders of the cryptocurrency. The recent 30% increase in the price of GRT in the last 34 hours is a significant event that can impact the short-term performance of the asset. By examining the price trends, volatility, and volume of GRT over the past hour, it is possible to make predictions about the short-term performance of the asset.
For instance, the recent price increase in GRT, accompanied by high trading volume, can indicate a sudden increase in demand for the asset, which can be a good opportunity for short-term swing traders to take advantage of the price increase and sell at a profit. However, if the chart shows a lot of volatility and price swings, it could signal a lack of market stability, which may be a concern for short-term swing traders.
Additionally, a 1-hour chart analysis can also provide insights into the impact of any major events or news on the price of GRT. For example, if there was a significant spike in price following the announcement of a new partnership or product launch, this may indicate that the market is optimistic about the potential of the project and that short-term swing traders may benefit from this positive sentiment.
Overall, a 1-hour chart analysis can provide valuable information for short-term GRT swing traders to make informed decisions about their investments. By monitoring trends and staying informed about market conditions, they can make more informed decisions about buying and selling GRT, and potentially capitalize on short-term price movements.
GRT (did we reach the bottom ?)Hello everyone
I made an analysis before for GRT in 1 month ago and until now its following my analysis
Lets talk about the chart :
–massive falling wedge
–potential double bottom
– resistance not broken yet but it try to do
From this point ,the pattern has great chance to made the breakout this time and if its done ✔️ massive pump will followed
Invalidation: weekly close below the recent low will invalidate the the pattern
Remember : before any investment to DYOR
Best of wishes
the GRT is linear?graphs arnt always linear however this one seems like its headed straight to the moon! depending on how the space treats this moving forward, should see a retest of this level at the very least and if youre nimble theres a potentiall for a few hundred percent for those hungry enough!
GRT/BTC Secondary trend. Coin redemption.Logarithm. Time frame 1 day. Secondary trend.
The coin is traded on more than 40 exchanges, including the top ones.
The Graph is a web3 protocol for easy access to blockchain data.
In the pair to bitcoin, there is a significant redemption of volume. Perhaps some kind of pump group is gaining. It should be understood that this is a risky asset of the so-called 3rd group with relatively low liquidity, which just use such fraudulent formations. Pump/dump and goodbye, no accumulation.
Main trend. The trading pair to the dollar . Logarithm. Time frame 1 week.
In the final phase of its formation, a descending wedge. Declines from the pumping peak -98%. The price is at its dynamic support. The potential local movement of +96% to the resistance of the formation inside the band. Further on, what the situation will develop.
On such coins, it is rational to sell with a grid of pending orders near the major resistance areas. I would recommend using a small percentage of one's trading depo in such coins and work with “down-to-earth objectives”, so to speak. It is quite possible that there can be squeezes, and stops can be taken under the base of the wedge, it should be understood from the beginning.
GRTUSDT, new opportunity to growth, THE GRAPHHello guys. As you can see on the chart, finally the breakout happened and pullback and new ascending is on If the whole market follows. So I expect growth to the first target and then next targets. The targets will be 13 - 23 - 30 - 50.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
GRTUSDT Key High| .618 Fibonacci| Int-Daily S/R| Psfp Evening Traders,
Today’s analysis – GRTUSDT – trading at an area of resistance where a high timeframe pivot is likely to occur,
Points to consider,
- Price action corrective
- Key Psfp intact
- .618 Fiboancci Confluence
- Lower Monthly Objective
GRTUSDT’s immediate price action is corrective and is trading towards an area that has multiuple technical confleunces, this allows for a bearish bias.
The key Psfp level remains intact, suggesting liquidity resting, testing this rea will lead right into the .618 Fiboancci, there is where a rejection is plausible.
It is important that one uses price action upon discretion/ management when executing this trade, invalidation is candle closes above the .618 Fibonacci.
Hope this analysis helps,
Thank you for following my work
And remember,
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse