GRT/BTC = A 600% Gain of Bitcoin!If you happened to be one of the very few people that caught the chart since early GRT, many people have said GRT would not make it over $1. It might have been 1 person, I forget. But either way, I bet it is on your radar now.
GRT has a consolidation happening after last big move, of GRT/BTC.
The goal here is to end up with more Bitcoin, and we are shooting for 1000%.
As long as the bottom trend does not break, we should remain bullish for now. A correction WILL come, but hopefully not yet.
I did take a little profit, as 600% bitcoin is a GREAT WEEK!!!
Lets see what happens here.
GRTBTC
GRT wanting to retest its GR on the My previous target levels were reached ( see my previous analysis ). The current minor wave is collapsing for sure so GRTUSDT is definitely going to re-test some lower levels (see my targets below).
Here they are:
T1: $0.40-$0.42
T2: $0.33-$0.35
If T1 fails to hold, it's likely T2 will happen a couple of days later.
Good luck and trade safely!
GRTUSDT (GRT) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- GRTUSDT is consolidating in a symmetrical triangle pattern.
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2), projected ascending channel resistance, fibonacci extension levels.
- Downtrend ⬇️: Horizontal support levels (S1, S2, S3).
GRTUSDT Price Outlook 18 January 2021 — GRT UPPrice of GRT making good movement inside range of previous high, seems like trend can continue to go up until February.
Looking forward sell target at $0.93, price can go higher, but this is my target. Will be surprised if reach $1.5 :)
Follow stop loss and risk management.
Best regards
@ArShevelev