GRT The Graph Cup and Handle FormationCup and handle formation on GRT
Last time GRT broke out of a cup and handle formation it went parabolic.
Given the recent partnerships and the strength I see this playing out towards $5
GRT
Update it📝There was this idea before but to make sure that you didn't miss it let me republish it again.
Turns out that this triangle became extended.
All the waves are done and the price is heading to the breakout.
So follow this chart and look for the breakout.
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And always remember: "we don't predict, we react".
GRTUSD ready for a big break out Grt seems like it is ready for a huge break out. As you can see it has been testing these lines and respecting them so far. Creating a bullish flag. Once we break out of this we should see huge climbs.
-= Happy trades and good luck! =-
*This is not trading advice
GRT - Updates on Price / Multiple TimeframeGRT shows signs of strength over last couple days, rising up to $2.00, before hitting a ceiling and dropping back down to $1.75.
1HR: we actually see the 50 day MA cross up and over the 100 day MA, which is very bullish (if it were to happen on a longer timeframe chart), but the fact it shows up on the 1hour, means we could see something similar on the 4 hour and 1 day charts soon. Price was rejected with not that much volume from the $1.75 price point, and this may be a sign that the price can drop lower.
2 HR: OVerall, we now have higher highs, as the price finally went above the 50MA, which had been rejecting it for a bit of time. We crossed over into bullish territory rising above the previous high, but met stiff resistance as the price was rejected from the 200 day MA, which is well above the price. The price drops down to meet the 100 day MA, and seems to want to bounce, but is not showing much volume. The next level down looks likely.
4HR: On the 4 hour the case for a new bullish movement is made. We can see the price supported by the 200MA at $1.44, with some strong volume, and the price rose above the previous high. Price continued up and past the 50MA, until the 100MA rejected it finally, and we are now settling back down by the 50MA retesting. If we break downwards, we will have another bounce off the 200MA and this will be very bullish.
1Day: On the 1 Day chart, things become the clearest, as we see a sideways pennant form, considered to be an extension pattern of the previous trend, this is a bullish indicator. GRT is consolidating and grabbing full support along the way, this looks like its shaping up to make another big run.
The GRT Buy Potential 70% Gain Update on courseThe GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
GRT usdt to fall to $1.50Falling EMA and falling s&r levels for The Graph.
There was a slight rising trend but this has been overcome.
Expect to see a fall to the 1.50 area
GRT/BTCit can pump if btc dont ruin alt setups once again , i expect fire works once this falling wedge breakout.
GRT usdt - still on a downtrendThe Graph still looks to be heading down, but previous trends shows that it does bounce back quite well.
Good buying when it hits support levels and retraces back up.
GRTUSD downtrend vs 200EMA GRTUSD on the 4 hour is looking interesting as the recent downtrend seems about to collide with the 200EMA. The next few days could see some big moves.
Chart Looks Very BULLISHSupport line looks very strong at this point. A 2:1 PL ratio appears to be the better plat in this situation. Will also monitor closely.
What do yall think?
GRT - Looking to Breakout -- 30% PotentialHello Traders,
GRT has formed an Inverse Head & Shoulders pattern on an hourly.
Following a trendline, as long as it can keep following and using it as support. We should see a breakout to the upside.
MACD is consolidating/ forming very tight movements, which will usually result in a bigger move.
I'm targeting somewhere around 30% gains from the current price point landing around $2.50+.
Good Luck!
The Graph (GRT) • Consolidation range waiting confirmation The Graph is an indexing protocol for querying data on Ethereum.
Currently sitting on #33 on CMarketcap this token seems to be doing some consolidation after significant pullback. In the video I talk through some possible scenarios and why I think it s still bullish.
$GRT, Set up for 1.4 BUY ZONE$GRT is in a falling wedge, hitting the .5-.6 Fib. Zone around 1.4, which is also being marked by previous support and resistance lines.
If $GRT isn't automatically lifted out of the dip with other alts, it should tap that 1.4 line before making its move upwards. Great Buy Zone
🔥 GRT Long Term Bullish Channel GRT has seen a spectacular drop recently, together with most of the crypto market. The drop came to an end when GRT touched the bottom support of the channel. This trade is based on the idea that GRT will follow said channel.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. R2 is positioned at $4, therefore the long-term aspect. Do your own due diligence.
Happy trading!
GRT: Target the same. Type of correction different.The market decided to do a head fake and invalidate the a-b-c-d-e contracting triangle correction. Instead it's either a w-x-y in which the correction is over now, or an a-b-c zigzag where c needs one more leg down before resuming wave 5 of 3 which I'm still targeting $4.80 - $6.22. Looking at how BTC quickly reversed today's plunge (... at least so far), I'm favoring that the correction is over, but of course, the market has the final say. The other thing in the back of my mind is two words: Stimulus Checks!
GRT- further breakdown, a reflection of overall market sentimentShort term: Bearish - note I did not put short on the chart itself, as corrections are to be expected.
Long Term: Bullish. Very very Bullish.
The Graph announced some huge news recently, that it would now include support for 4 MORE BLOCKCHAINS! Currently, it has made its way to $3 and down to over $2, with just handling Ethereum blockchain itself.
The news that it will take on 4 more blockchains, is very bullish, and eye opening. Some people misunderstood that it was only on one blockchain to begin with, some people are elated to see the popular Polkadot Network as part of the 4.
However, the price did not react to this. And I believe it is overall sentiment of the market.
Bitcoin is currently reaching new highs, and we should see a peak soon, as the structure of Bitcoin breaks down slightly. The weakened Bitcoin should be able to reach above 60k, but is in danger of correcting. A Correction is completely normal, but it implies that the Altcoins will also dip, and this affects GRT.
I think a correction is necessary, to promote a healthy future growth. When the Altcoins corrected, we never really made it all the way down to the 50% fibonacci retrace, and may still have some room to drop. Once this does, I would expect consolidation til the end of February, and a big launch of Alts after.
GRTUSDTGRT in a good position for selling contract and will give you a fine entry point soon so heads up for the entry point and go for the take profit targets
confirmed by advanced price action
you have to set this up on perpetual type and in futures or margin markets
Grt can PumpMy mesures give me that target, but first GRT must broke out the trend line.
Don’t let it run away
