#GRTUSDT looks prime for 60% Rally!Welcome to this quick GRT/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to GRT/USDT 12hr chart update by CRYPTOSANDERS
As we can see from the above-mentioned chart that GRT/USDT created the head and shoulder pattern and broke the neckline and retested so in the current scenario we are expecting that get will go up all the way to $0.69000 means almost 60%.
So if it moves to the green zone again then it will be the zone to go long on GRT/USDT
entry:-$0.46330,$0.49780
target:-50% to 60%
stop-loss:-$0.42240
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
GRTBTC
Is the downtrend for GRT done?Here is what I see with GRT at the moment:
The bullish:
1) The green box I have drawn is GRT'S last key zone of support. I am getting this from the touch that GRT made shortly after launch and proceeded to rally over 1000%. Ever since then we have yet to re-test this box.
2) We have daily bullish RSI and MACD divergence. Always a good sign.
3) We have been in a downtrend for a very long time and have pretty much re-entered the price zone that the coin launched at.
4) It appears we are starting to break above the ema ribbon. The spread is also relatively small. A good sign.
The bearish:
1) We have a 60% ichimoku cloud above us. I have to suspect this will offer some sort of resistance, especially since we have yet to test it during this year long downtrend.
2) The red box marks a key area of resistance for GRT. This area lines up relatively well with the ichimoku cloud, supporting the idea that we will likely see resistance in this range.
3) I suspect the 200 daily ema will enter this range around the time GRT hits it, that is, if it does. This strengthens the previous two points even moreso.
4) Volume is pathetic
My take:
This is a bit of a risky play right now as GRT is heading into some substantial resistance. I still suspect some upwards movement in the short term, but only into those resistance levels, however I suspect something like scenario 1 will play out, especially if the overall market sentiment turns around in the next couple of months which I believe is to be expected.
If we lose the green box we will likely set new all time lows for GRT. Since it has lost so much of its value already, i'm inclined to believe that this wont happen.
If I were to go long I would wait for a retest of the green box, potentially after the resistance levels reject GRT.
Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
GRTUSDT, We are going to reach to Prz levelGood night guys
GRT is one of the most powerful project that is working on many property and its amazing, its one the coin that everyone should have a little on portfolio.
If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile
According to the chart and last analysis that we shown was the price completed Wave B and we need to completed Wave C .
We shown on chart 2 zone that the price can swing in there and the price is coming to reach to the PRZ level and we can take singal in there and buy some GRT and wait until the target reach, Until now the trend of the GRT market is downward.
We will update target after Wave C completed.
If you have any question send us messages
Good Luck
Abtin
Previous analysis :
THE GRAPH NETWORK HAS A ROADMAP TO DOUBLE DIGITS!Merry Christmas Eve fellow Traders and Happy Holidays!
Today we wil consider the trading pair GRT/USDT.
Recently we put out ideas on SUSHI, LUNA, AVAX, 1INCH etc. talking about first wave extensions and their price targets for 2022 (all linked below btw).
This, we will do a similar idea for GRT.
As you can see in the chart above, GRT has had a 9500% growth in price from it's listing last december up until February earlier this year and has since been in accumulation phase spanning almost a year so far (315 days) marking it's correction phase (wave 2).
If we take our fib retracement tool and draw from its opening price at listing date up until it's ath in february, we see price stopped just underneath the 0.382 fib support (which is the basis for a 1st wave extension, coupled with a lengthy accumulation phase).
To get our targets for the 3rd wave, we then take out our fib tool again and measure from it's ath to the 0.618% level of the 1st wave and target just under the 1.618% level for wave 3.
I have added in the 1.5% level for clear targets.
This would give us a price target of around $11.8 - $16.4 should we touch the 1.618 fib resistance.
If you agree with this idea, please leave a like below and share your thoughts in the comments section.
Feedback is always appreciated.
Merry Christmas AGAIN!
GRTUSDT, its going to complete Wave CGood evening guys
According to the chart you can see the price are in correction wave and we think we need more drop to touch to the prz level then the price is ready to go up and reach to the targets.
We will update the targets
As the price can suppport in first support area the best strategy for this situation is to buy in step by step to reduce average purchase
If you need any help, buy trading package and ... send us private message :D
Good Luck
Abtin
GRTUSDT Technical Analysis💎 GRTUSDT has formed a symmetrical triangle. After the breaking above the major resistance and the triangle it is expected that the price will continue the bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.7613 - 0.6994
☕️ TP1 0.8418
🍺 TP2 0.9399
🍻 TP3 1.0451
🍾 TP4 1.1530
🍷 TP5 1.2500
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.6957 - 0.6359
Good Luck 🎲
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GRT The Graph Bottom Trendline Re-testHello friends, today I am reviewing the 1D linear scale chart for The Graph (GRT), a cryptocurrency alt coin.
In the chart I noted:
1) GRT price has been in a long-term triangle pattern since Jan-Feb 2021. The price is approaching the apex.
2) The price recently tested the top trendline of the triangle and got rejected and may possibly re-test the bottom of the triangle again, resulting in a 20% price drop to around $0.70-$0.72.
3) The Ichimoku Cloud is showing green and the price has stayed above the cloud since the end of October 2021. If the price drops, it may only be a very quick wick down for the re-test.
4) The RSI (relative strength index) tested the bottom support trendline and could be re-testing it again forming a double bottom to help push the prices higher.
5) The Volume has not gained much momentum since March 2021 but has not significantly decreased either.
6) The VPVR (Volume Profile) shows support and resistance at the current price levels as well as the potential price drop area. If GRT can manage to break upwards out of the triangle, there is limited resistance above.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
GRT triangle breakoutThe Graph seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 1.448 and even higher. GRT , come on!📈
ENTRY : local high @ 1.1243
SL : local low @ 1.0793
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 1.448
RRR : 7.1
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence
GRT Buy position ✔Hello Traders. Hope you are having a great day.
Today I want to share my thoughts on GRT on 4H timeframe. As you can see GRT has this descending trendline as a resistance in the way.
So I have marked the best point to buy and Targets are shown on the chart. Also you can put SL below 0.62$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on GRT and don`t forget to comment what you think. ✌