Grtforecast
#GRT The Graph 1D Chart Breakout ready?The Graph (GRT) is one of the top 100 cryptos but it has been on a downward trend within a triangle pattern for many months. It seems we are near the apex of the triangle.
Taking the flagstaff from the last pump and moving it to the breakout area, it seems that the 1.618 fib may be reachable.
Also considering the fractal pattern from when GRT launched, we may be able to see massive gains.
Coinmarketcap on GRT: coinmarketcap.com
What are your thoughts? Comment below and hit the like please. Thank you!
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 #bitcoin #altcoins
GRTUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
AGGRESSIVE TRADERS ALERT!!!Folks,
YES, YES. We are here with the GRT/USDT chart..
We have seen multiple 50 day MA test before and the price withstood these tests.. Even with a bear trap on the line to..
This seems like strength in the test of the 50 day MA.
Lately this has come in combination with what we call the TWEEZER BOTTOM formation in JAPANESE CANDLESTICKS.
This implies of a POSSIBLE trend reversal pattern..
GRT MASSIVE BREAKDOWN<??!!@ClearOpenDoor
My friend... the 4 hour chart tells me a lot.. And I learned when you want to which direction the future may go the best place to look for is in the past.
As in Technical Analysis is a lot symmetrical you see it back in this chart..
This is my quick view for you on this chart..
prices may fall down back around 25% because earlier by breakdowns prices moved back 3 times earlier 25% or more..
For 2 double tops shown in short of time can mean a major reversal pattern. Because price has rejected resistance many times.. We have to see if price fall back a baseline support how it will act and if it breaks.. because this is the major support line that has hold many major reversal before...
Thanks for this tip will definitely keep this one on my watchlist because money can be made in the future..
For now let the market do it's work and remember even if the technicals show us we can have major decline there is only 1 big trader/whale in the world needed to push prices immense higher!
If you like please feel free to follow and spread the word..
Making money is fun but If I can help make other people than we have both fun...
GRT - 12h. Critical point for buyers - $0.6One of the hottest crypto project s, which already at the beginning of 2021 showed an increase of more than 1000% in a month, has now fallen out of popularity. With a total trading volume of $221,718,128, the GRTUSDT market is far from top positions at the moment. However, we are well aware of how quickly things can change in the cryptocurrency market. Therefore, our task is to keep our finger on the pulse and wait for the right moment for profitable speculation.
A significant deterioration in the situation on the GRTUSD market took place after buyers lost control over the range of $1.3-1.4. Consolidation, which continued from February to May, broke down, hitting the mark of $0.5 .
In our previous global idea, which we published on February 12, we expected the beginning of a correction.
The price went down, but it is interesting that now buyers are fixing above the range, in which we expected the fall to stop.
Thus, we assume that the impulse of the fall, which began in mid-May, ends and a rebound awaits us with the first target of $1.3
However, the question arises - where to buy this low-risk cryptocurrency?
If we look at the 12 hour timeframe , we can see that buyers are now trying to take control of the $ 0.75- $ 0.8 mark:
So far, we see that the trading volumes have increased and buyers still lack a retest of the range of $0.6 . If a local wave of a fall to this range is at low volumes, it will be a good signal to buy this coin.
Aggressive red candles and increased trading volumes with a local fall wave will continue to move the price in the black channel. In this case, sellers can count on the test of $0.32-0.35 . At the moment, this is an alternative scenario for us.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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GRT-12h. Ambiguous situation and the likelihood of growth to 3.5For almost a month and a half, the GRT market is undergoing a correction of the previous powerful growth wave. In the range of $1.3-1.35 , buyers organized a liquid zone, from which the GRT price has already bounced twice. However, starting from February 24, trading volumes fell sharply and we cannot say with certainty that there is a strong buyer in this price zone.
At the moment, buyers are trying to break through the local downward trend. The price is at the upper trendline, from which it has rebounded twice already.
Now the situation is not very predictable and it is worth waiting for either a confident breakdown of $1.86 , or a rebound in the GRT price from the upper trend line of the channel.
If buyers manage to test $2.15 and then hold the range of $ 1.65-1.7, we will expect a renewal of the historical maximum and a test of the mark of $ 3.5.
However, do not forget about the alternative scenario . If buyers within this attack fail to break through the upper trend line of the falling channel, a triangle with a flat bottom will form on the chart:
In this case, we will expect a breakdown of this triangle downward with a probable final target of $0.8. If this scenario starts to be implemented, we will make a new idea, since $ 0.8 is the most negative goal that can be within this scenario.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
GRT/USDT bulls are you strong enough ?GRT / USDT
Technical Analysis 🌟
Price rejected down today after bulls failed to break trendline
strong daily support area = 1.90$ -1.80$
Price likely will visit this area and if bulls show strength and hold it we expect another try for a breakout
If price close daily below 1.80$ then we expect dump
Hope this analysis help
Best wishes
The GRT Buy Potential 70% Gain Buy Signal TriggeredScript Buy signal triggered, 13 EMA crossing up 50 SMA strong buy sentiment. The 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.
*Update 03/03/21* The Graph did test the 200 SMA Again and has since triggered a strong BUY signal with the 13 EMA Crossing Up 50 SMA. New Fresh Highs Insight!!
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.