GRT will follow MASK ?The Graph (GRT) is an open-source, decentralized indexing protocol for blockchain data. It is designed to allow queries on the Ethereum network. The Graph network also allows developers to construct/use various APIs known as subgraphs for separate queries.
The prices have been consolidating since mid May in a range and almost static, lately. However, as seen in charts, we can see why it is interesting to pay attention on GRT now, specially when being compared with MASK.
Similar pattern as MASK before it jumped almost 200% in a few days: prices dropped 80% in April and has been ranging since.
MFI indicator: The local trendline was broken. If buy pressure is maintained, it is likely that the longterm trendline will be broken, as well.
Let's see how GRT will progress the next days (or weeks).
GRT
GRT continued its decline over the past week!GRT continued its decline over the past week, breaking the support of the $0.083-$0.090 range, reaching $0.080. This price is a new floor in the trading history of GRT currency, which can still be a sign that the trend of this currency is completely bearish. The downward corner pattern that was considered for this currency was not only not confirmed, but the validity of the corner pattern has decreased. But for this week, very reliable support is considered in the range of $0.0800-0.0835, and the shadow of one of last week's candles penetrated this range but positively reacted. In the 4-hour time frame, there are good reactions to this support range. If the short-term upward trend of Bitcoin continues, the probability of a strong return from this support range is high. Therefore, you can monitor the specified support range for the current week.
GRTHELLO GUYS THIS MY IDEA 💡ABOUT GRT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this short position..
and when the price come back to this area, strong sellers will be push up the market again..
DOWNTREND + Resistance from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
GRT best for 1-2 weeks, LongThe 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. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.
To learn more about this project, check out our deep dive of The Graph.
To date, over 3,000 subgraphs have been deployed by thousands of developers, for DApps like Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland and many others. The Graph usage has been growing at over 50% MoM and hit over 7 billion queries during the month of September 2020.
The Graph has a global community, including over 200 Indexer Nodes in the testnet and more than 2,000 Curators in the Curator Program as of October 2020. To fund network development, The Graph raised funds from community members, strategic VCs and influential individuals in the blockchain community including Coinbase Ventures, DCG, Framework, ParaFi Capital, CoinFund, DTC, Multicoin, Reciprocal Ventures, SPC, Tally Capital and others. The Graph Foundation also successfully completed a public GRT Sale with participation from 99 countries (not including the U.S.). To date as of November 2020, The Graph has raised ~$25M.
Buy setup
Entry: 0.083 - 0.1015
SL: 0.0722
TP1: 0.105
TP2: 0.109
TP3: 0.115
TP4: 0.124
TP5: 0.14
TP6: 0.157
TP7: 0.17
TP8: 0.18
TP9: 0.2
TP10: 0.23
TP11: 0.27
TP12: 0.305
TP13: 0.34
TP14: 0.38
TP15: 0.42
TP16: 0.465
Spot and Future (1x,2x, or 3x)
Run and keep it enjoy!
Follow me! Copy my trade!
TradeSetup_Reza
$GRT quick trade Check this outOn 1 hour time frame, $GRT broke the 200 Moving average resistance.
As per the previous data. Every time we break the 200MA in this time frame the price is rapidly increasing. Some traders are expecting and eyeing on this level too.
And in my opinion, I'm expecting same buyers above this level again.
I will catch some position above 200 MA level and I will put stop loss below the recent low in order to protect my capital.
Calculate your risk, trading is a convincing game.
Do not but blindly.
GRT must eye on this project!! WEB 3.0I'm also accumulating $GRT for my next bull run mission.
$GRT has a huge potential next bull market as of writing, if you buy and hold GRT now you could get x23 or x24 on it's all time high.
Investing in crypto is all about how long you can hold your entire portfolio.
Every dip is a blessing, every dump is an open opportunity to all.
$GRT will never fail our expectation when Web 3.0 starts to hit the entire meta on crypto.
Been there than that before NFT explodes,
I told everyone to invest and hold NFT project because it will be huge soon. After a couple of months paper hands got FOMO while we are enjoying and harvesting the gain we have.
Now, web 3.0 is the freaking future. It's now or never.
GRTUSD GRAPH TOKEN - INVERSE H&S Spotted on the 4hr.Traders,
Spotted this inverse Head and Shoulders on the 4hr. If that neckline breaks to the upside Graph Token could finally escape this long-trending bullish descending wedge it has remained in for about one year!
Target for the 4hr trade is 11.5 cents.
LMK if you enter.
Best to you!
Stew
GRTUSDT (Short)GRTUSDT is showing bearish divergence on MACD on 4 hourly chart with price action rounding off. Price is likely to break the bullish trend.
Wait for price action to break the trendline and once it that, short on first red candle around 0.1350
TPs are based on previous strong support zones:
- TP1 - 0.1332
- TP2 - 0.1265
- TP3 - 0.1188
Grt Technical Analysis 09.08.2022The harmonic pattern formed in the monthly period indicates that the prices will increase.
Accordingly, we can think that there will be a sales reaction in the B leg of the harmonic pattern. For day traders, this level may be suitable for buy and sell trading.
When we observe by expanding the time period, you can see the same pattern as the inner fractal in the weekly period.
Considering that the B leg of the fractal pattern is the resistance zone, we can predict that the 1st resistance will correspond to the 1.33 price levels in the 2nd resistance at 0.64.
It is seen that the big picture is in the triangle pattern. If we consider the triangle depth as the target with theoretical knowledge, this shows that the hh region of the price corresponds to a price of $ 1.96 in the future.
But it is worth noting that. The price is not going to reach this level by going up non-stop. There will definitely be big crashes and resets in between.
More different formation patterns emerge in the daily period. In the daily time frame, you can consider the cup and handle formation. The depth of the formation is in line with the previous resistance levels.
When we measure the formation area with the gann box, SL can be considered if 1/2 of the cup depth is exceeded. I specified this area as the stop line.
📊 GRT broke out. What's next?Hello, dear TradingView members.
This idea is a GRT analysis.
GRT has made another pump and passed the previous resistance level.
Now for confirmation, we need to go back down, touch the support level, and move back up.
Our next resistance level could be the upper band of our uptrend channel.
The RSI shows massive overbought signals, which shows the price might go back down.
The upper band of the Bollinger Band can also push down on price.
The Speedometer indicator shows Buy volumes on the market for GRT on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
GRT/USDT BREAK OUT! READY FOR A 70% MOVE TO UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GRT/USDT trade setup.
GRT looks good in the daily time frame. Breaking out from the falling wedge-like structure. Accumulate this and hold for a big profit.
Entry range:- $0.110-$0.118
Target1:- $0.134
Target2:- $0.160
Target3:- $0.18
Target4:- $0.20
SL:- $0.102
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!