🆓The Graph (GRT) July-8 #GRT $GRTGRT has conquered the $0.7 zone and it is heading towards the $1 zone, however selling at this zone has appeared so there is still a risk that it can correct to the $0.6 zone before rising to $1.
📈BUY
🔴Buy : 0.68-0.72$. SL if B
📉SELL
🔴Sell : 0.975-1.025$. SL if A
♻️BACK-UP
🔵Sell : 0.68-0.72$ if B. SL if A
🔵Buy : 0.585-0.615$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
GRT
What will be the formation before coming back to the bull cycle?Please leave your opinion.
Just want to point out that we are hitting records of BTC going to wallets while exchange are left with less BTC`s to sell. What does that mean?
Well for me it means that we are close to the end of that bear trend, for me is time to accumulate, and I am making sure that I will take as many BTC`s as I can
by using OCO orders. This way we can wait for a decision of BTC an eventually buy it lower and lower, if it spikes up and break that red channel we get in as well.
Have a good one guys, stay safe.
The Graph Protocol analysis. $GRTThe Graph Protocol has had a pretty significant retrace from the highs early this year. One thing that is concerning about GRT is the tokenomics are very poor. Over the span of 2021 around 5 billion coins will be released into the circulating supply. This will most definitely have a impact on price of the coin.
COINBASE:GRTUSD A couple levels to watch for, you would really only want to buy GRT above 80 cents with strength or buy at the 2021 lows.
Right now price is sitting in no mans lands and it would be risky to buy at this level.
GRT - 12h. Critical point for buyers - $0.6One of the hottest crypto project s, which already at the beginning of 2021 showed an increase of more than 1000% in a month, has now fallen out of popularity. With a total trading volume of $221,718,128, the GRTUSDT market is far from top positions at the moment. However, we are well aware of how quickly things can change in the cryptocurrency market. Therefore, our task is to keep our finger on the pulse and wait for the right moment for profitable speculation.
A significant deterioration in the situation on the GRTUSD market took place after buyers lost control over the range of $1.3-1.4. Consolidation, which continued from February to May, broke down, hitting the mark of $0.5 .
In our previous global idea, which we published on February 12, we expected the beginning of a correction.
The price went down, but it is interesting that now buyers are fixing above the range, in which we expected the fall to stop.
Thus, we assume that the impulse of the fall, which began in mid-May, ends and a rebound awaits us with the first target of $1.3
However, the question arises - where to buy this low-risk cryptocurrency?
If we look at the 12 hour timeframe , we can see that buyers are now trying to take control of the $ 0.75- $ 0.8 mark:
So far, we see that the trading volumes have increased and buyers still lack a retest of the range of $0.6 . If a local wave of a fall to this range is at low volumes, it will be a good signal to buy this coin.
Aggressive red candles and increased trading volumes with a local fall wave will continue to move the price in the black channel. In this case, sellers can count on the test of $0.32-0.35 . At the moment, this is an alternative scenario for us.
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GRT-USDT (break from descending channel) DAILY VIEWHello all! 😄
This idea is short, these are just some targets for GRT that I expect to see if ETH and BTC can maintain bullish momentum.
GRT (The Graph) is a solid investment in my opinion.
We have seen price action break out from current structure/descending channel-wedge shape.
Think about taking some profit at the ~💲1.18 level for safe trading.
Trade is invalid if we break below BLUE trend-line
Let's see and always remember 🔽🔽
🛑This is not financial advice, use a stop loss🛑
Any thoughts 💭🤔, questions🙋♀️🙋♂️❓, like👍, dislike👎, happy😃 or sad😥, always welcome in the comments below, thank you!
Jazerbay💕
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
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 !