Get started

GRT

GRT/USD - Breakout approaching key resistance! 🚀If you checked my past analysis, this pump was pretty much in the cards for a while. What I did not anticipate was this re-test of the breakout with the price falling on the top of this wedge to confirm it as support. Nevertheless, the price action is clear and GRT is well on its way towards 12 cents. Some profit taking at 12 cents could take place so best to consider what is your timeframe for this play. GRT could very well go much higher, the ATH was at $1.3 so about 10x from here. Bias remains bullish for now. Like and follow if you liked my idea!
Long
by DU09
THE GRAPH-BTCPair to bitcoin, downtrend, now price is consolidating in sideways movement (trend flattening). The price has formed a rectangular consolidation, with the upper boundary around 560-575 satoshi. Potential entry point when this consolidation is broken on a large vertical volume on your timeframe (1 hour, 4 hours). If the breakdown will not be on heavy volumes, but on low volumes, it is likely that we will see the return of the price (rollback) to consolidation after the breakdown, with a confirmation of support and a further rejection of the consolidation, the same possible entry point. Stops, depending on your trading style, either behind the breakdown candlestick (shorter stop), or behind the bottom of the sidewall (more medium-term stop, but also higher risk). If you liked this article, then like it and subscribe, so as not to miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
GRT is going to Decrease + Target Provided!GRT is in a Descending Triangle and we can Expect the Price to Fall because Not only The Price is in a Bearish Pattern and That the Price would Decrease as much as the Measured Price movement (AB=CD) ,We also have a Hidden Bearish Divergence (-HD) on MACD as well! This Means that The Bulls are in Real Trouble Right now! The Price should Reach around 0.105$ after Descending! -GRT is in a Descending Triangle -Price will Decrease as much as the Measured Price Movement (AB=CD) -(-HD) On MACD -0.105$ Is the Right Price! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Short
by CobraVanguard
8
GRT bullish wedge, thoughts? im just a college student in a completely unrelated major that enjoys looking at charts lol, but this is beginning to look super promising to me. BTC is in a similar wedge but looks as if it'll touch and reject the top trend line one more time, however GRT looks ready to move imo. I'd wait for break above trendline to buy, but if it breaks it could be big. a lot of upwards potential at this price. also the stoch is currently maxed so could still touch bottom trend line once before the end of july.
by bmrm98
2
Idea on GRT breaking down-trend. Opinion: Downtrend could be breached and a TP for risk-reward seems appropriate. TP1 looks attractive. This is not intended or made to constitute any financial advice. Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
Long
by TheBitcoinGeneration
4
Graph Protocol Relief RallyNear-term long positions are attractive, with reassessment necessary as inflation reporting in April approaches. Bullish continuation will be more risky in the days leading up to CPI/PPI reporting. Following Bitcoin and the broader markets, GRT will realize near-term bullish support as the markets have shrugged of the Fed's 25 bps rate hike. GRT will flip 20 EMA into support, then push through 100 EMA... ultimately testing 200 EMA until next round of economic reporting. Sharply rising prices are elected to continue as there's been no substantive change to monetary policy, QE continues, corporations continue elevated pace of stock buybacks. Inflation results for March (CPI & PPI) will be published by BLS on 4/12 & 4/13 with high likelihood of further increases from the lagging reporting. April reports will be a pivotal as the FOMC will not meet until early May with the April inflation results published a week after the Fed meeting. Current expectation is shockingly higher inflation with the Fed's hand being forced, either accept persistent inflation and risk a wage-price spiral or adjust approach with more hawkish action and less reliance on hollow words. Maintaining status quo until midterm elections is likely to become untenable, recession risk is increasing.
BINANCE:GRTUSD
by R0MM3LL