Keep eye on the graph tokenVery good trade idea if Grt breaks this resistance line it can easy pump to about 90cent I’m currently accumulating grt between 40 to 50 cents fundamentals of this token is also good if Bitcoin dominance goes down grt and other low cap coin gonna pump hard so good luck keep trading I will update you about how my trade goes in comments
GRT
Nasdaq eventual crash could affect BTC? Definitely. Nasdaq and other markets behaved very well after the crash of March 2020, with all that printing going on that was expected.
But it´s also the end of the semester and people need to take profits, a small retracement is expected and that counts for Crypto
investors as well, prepare to buy the dip.
BTC vs ETH vs MATIC vs ENJ vs HBAR vs GRTCoin comparison for July Lift off, what is worth more in percent comparison.
GRT - Cliffwalking ShortI don't know what this is and I don't think it really matters The Graph - ok. This is a very weak chart, similar to ETH but much worse. Price is hovering under 1hr 50ma which in a downtrend it probably won't cross, and almost all support has passed and is now resistance. VPVR shows there is very little support, so this could walk straight of a cliff shortly and in consideration of BTC BTC.D that might be quite soon.
Not breaking the bull flag just yetJust a hands up for those that are too bullish at the moment, small hands guys.
We are still in a bearish trend until we break the 50k and create a support over 48k.
Until then just use the lateralization to increase your hands for the long term when we come back to the bullish trend.
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 !
GRTUSDT going long After BTC's bloodbath, the Graph GRT is at Jan 2021 lows in both pairs BTC and USDT. It almost lost all this year's gains.
I am going long from here due to the fact it is a low risk, and I am not planning to scalp but HODL. If you want to properly trade it, just buy at the breakout from the forming falling wedge on either chart; BTC or USDT.
PS in such volatile market, one should make sure to trade Alts that are fundamentally solid. Speculative trades would be high risk unless one's scalping.
GRT - Looks weak (As you asked)GRT actually looks weak. The sell volume is super high right now... so it's risky.
I don't think there can be any safe long positions in this market right now, but if the price managed to cross the resistance area, you can open long positions and aim for the TP as shown on chart.
Current Market Price: $0.6565
Good Luck
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