Grtbusd
GRTUSDT
GRT analysis:
There is a falling wedge pattern on the daily chart which broke in an upward direction and we see a big upward really. After hitting the resistance area price is now cooling off. The support is $0.128-$0.135 area and we may see a test of this zone soon. If the price is able to hold this zone then we see a good upward move. Don't FOMO and wait for test of the support area.
MY VIEW ON THE CURRENT SCENARIO IN GRTBUSDTechnical analysis regarding the price of THE GRAPH in relation of dollar Binance for the next scenarios, based on daily movement.
Price has been going downhill for a long time, leaving bottoms and tops lower and lower. At some point, we have to expect a resumption in its high, correct!?
GRT is a well-established project with excellent fundamentals, it has everything for a good valuation at its price. Its governance is faithful and so far delivers what it says.
In a more technical view, the price is with the RSI above 50 (>60), with the MACD gaining momentum (buying mass coming in heavy) and, it should be noted the very considerable volume, plotted below the MACD, notice the expression of the volume.
I believe the price will seek the targets projected on the chart. And, there is also a very noticeable resistance region just above that the price could go to test.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
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.
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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 :
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
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
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence
GRT 12h Made +600% will it grow more or is it time to fall?Less than a month has passed since the publication of the previous idea on GRTUSDT , and the price made x6
Let's figure out how it happened.
In the previous idea, we expected a 30% correction in the GRT price, received -25%, and the GRTUSD price began to turn upward.
The goal of the idea was x2-x3. And when the price of GRTUSDT reached there, it was too late to stop growth) Growth continued without stopping along at the levels upwards, as a result, +600% in 3 weeks, congratulations to those who earned!)
Growth is manipulative, without volumes - this is bad , when a reversal will occur, it is difficult to say with certainty.
It is felt that the price drop is close. Although lumbago up to $3.30 should not be excluded from the scenarios.
Nevertheless, in the future, the price of GRTUSDT will be pulled towards itself by the liquidity zone of $0.84-0.95.
Do not forget to take your profit from the market on time.
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TheGraph wich way to 1$ ?all in graph like always.
Scenario 1 : GRT straight up to 1$
Scenario 2 : GRT retrace around 0.63$-0.65$ ( Fibo Retracement 0.5/0.68 )
i won't say wich scenario is the best to me this time so ... Tell me wich Scenario you believe in comments please. Thank you!
Happy Tr4Ding !