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GRT

GRT/BTC projectionsHere are two possible scenario based on support and resistance . GRT showed strong growth , bigger than BTC , so this is a basic optimistic projection. The coin is popular, technology is great and without big rival, trend is up, pattern looks good. If it reach new high, sky is open... Disclaimer: This is NOT “financial advice”, I do NOT belong to financial world. #NoPro This is to share visions and ideas with the community. So go on but decisions you make from it are entirely yours.
Long
by VieVent
ALTCOINS JUST TAKE A BREATHHi guys! Today I wanna give you a quick update about this dip shown by the Crypto total markect Cap chart, excluding BTC, on the daily time frame. The MACD indicates a clear bullish crossover on the daily chart. This rally is by far not over. At least on the hourly chart it looks like the short term bottom before we are leaving the old resistance and turn that into support level. I’ll expect that area to leave during this week with a potential retest at the end of the week. For me that seems likely to happen before going upwards again. Since Bitcoin smashed through 1T mcap, I’ll expect the total crypto market cap, excluding BTC, to do this too. Conclusion: Major time frame still looks very bullish. This is just a small correction from yesterday's pump. This is definitely not over yet and of course, this provides no financial advice. Have a nice day everyone. Cheers!
CRYPTOCAP:TOTAL2Long
by L420199611
The Graph new ATH soon?Good morning guys! Today I am focusing on $GRT. The Graph is a decentralized query protocol designed for blockchains, built on Ethereum. To make it simple for you, The Graph acts as a search engine for blockchain transitions meaning you don’t have to go to a website to read a whole page to get the information you want. This project is currently sitting on a 2 bil mcap. TVL is around 20bil mcap so this coin has still a lot room to grow, since it is a Microsoft provided project I’ll count it as a bluechip for myself. All in all, there are big names behind this one. Now some insight in technical analysis: Here you can see GRTUSD on the daily bar chart from FTX. While this project is being listed back in december 2020, there is not much price history to consider. Not forgetting the plain fact that we are currently in price discovery mode. So far to some basic fundamentals. Basically you can see a classical cup and handle pattern right on before it’s breakout and potential retest before leaving this beautiful bullish triangle. We visited nearly every potential fib level and GRT consolidates around the psychological 0.5 area. MACD validates this with a potential bullish crossover coming in the next few days. By the way, a lot of altcoins are forming this kind of bullish strength on the daily, which means we are about to face some great pumps above them all. This is me for today. Given chances have to be taken. This is not financial advice. Cheers!
FTX:GRTUSDLong
by L420199611
2
GRT Breakout of bull flagThe graph has broke out of our prolonged bull flag! Looks very bullish as we have broken the top of flag resistance resistance, Ichimoku cloud has been printing support and is starting to point up, along with our EMA ribbons! Stoch RSI coming out of oversold areas and coming up! i expect us to head up for now although, we have 3 heavy resistance levels we must break before going back up to our ATH, I expect us to break through those levels but we could see a couple rejections and some accumulation along the way! NFA just my opinion
COINBASE:GRTUSDLong
by JacobR905
🔥 GRT Bounce From Strong SupportGRT has bounced yet again from the support channel drawn on the chart. Zoom out for a better overview. Seeing Bitcoin's bullish behaviour at this moment, I'm confident that the alts will see some strong gains in the coming days. One of them will be GRT. GRT has been consolidating for almost a month now, enough time to get ready for the next push. Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence. Happy trading!
Long
by FieryTrading
21
GRT/BTC - Consolidating, approaching trend one. ENGraph is coming up to a point that I would consider to be an area of great value. This spot hits 2 areas, a long term trendline established when GRT hit its all time low, and the Fibonacci Retracement level of 50%. The retrace, having previously bounced off the 61.8% line, sets up GRT for a percect bull run up to the next level. However, as selling pressure mounted, we are experiencing a longer consolidation, which GRT has shown a pattern of doing. This works in favor of GRT, as long as the trendlines hold. It builds a stronger support base, as GRT has seen some huge gains. Without support, we could easily see the price fall fast. In my eyes, the first trendline may become invalidated, as he head down towards the 61.8% zone again, expecting some consolidation there. However, keep in mind that we are very close to an Alt Season that we have not really seen yet, with coins like LTC, REP, ETH, etc waiting their turn while the newer cheaper coins have their Altseason first. Remember, this time difference is the whole reason we can aspire to make money off Altseason. Follow the flow of money, and don't forget to sell!
by Shwayze
15