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GRT

🔥 GRT Underperforming: What To ExpectGRT saw a huge introduction to Binance, where at some point it made a 1000% move in little over a month. However, since making said move, GRT's direction has been bearish. As of now, it's one of the coins which has severely underperformed other smaller-cap alts, with little change in sight. GRT is still trading inside a huge triangle. As long as it's trading inside this triangle I don't see any spectacular moves occurring for this token. Either GRT can bounce around in the triangle, hoping for a bullish break out in the end. Or, GRT can keep trading above the $0.80 support and hope for a break out in the coming two weeks. Before stepping in, I'd wait for a daily close above the $1.1 resistance to confirm the bullish trend and bias. Happy trading!
Long
by FieryTrading
10
GRT - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. GRT is overall bullish, rejected our Daily demand zone (attached below), and currently retesting the previous high so we will be looking for buy setups on H4: GRT is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, GRTwould be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
24
History repeats itself Many are wondering why Alts Dominance is rising while BTC was dumping this week. Well, we are at the end of the bull run, last 2 bull runs ended on the 2 of December and 18 of December respectively, so where do I think it will end this time? After the 18th of December! Yes, the stock to flow model does work and history does repeat itself, specially when we talk about BTC. Just like Gold kept its fundamental over hundreds of years, BTC will as well, because it´s just like gold after all, one could keep gold in their homes and hide from the government, that happened many times in history where during crisis people would convert all they had in gold and hide. (I am not saying you should hide your BTC from the government). But what is happening now? Our money is worth less everyday, our hours of work pay us the same. People are seeking protection, and when they understand that the volatile market is the best protection they can have over years are they gonna leave their assets in FIAT money? I don´t think so.
CRYPTOCAP:BTC.DShort
by ViniciusBaccelli
2