GRTUSD
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
GRTUSDT (4H chart)GRTUSDT (4H CHART) Technical Analysis Update
GRT/USDT currently trading at $2.09
Buy-level: only buy after Resistance line breakout (above $2.20)
Stop loss: I will update once I see the breakout
Target 1: $2.60
Target 2: $2.85
Target 3: $3.00
ALWAYS KEEP STOP LOSS...
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GRT: Signals for BreakoutPer the chart, for me to be convinced that a breakout/reversal is occurring, I'd like to see full candle closes above the symmetrical triangle and a cross on the daily MACD. We can see things are slowly moving up, but still in consolidation. I'm expecting movement within about a week.
The Graph new ATH soon?Good morning guys!
Today I am focusing on $GRT. The Graph is a decentralized query protocol designed for blockchains, built on Ethereum. To make it simple for you, The Graph acts as a search engine for blockchain transitions meaning you don’t have to go to a website to read a whole page to get the information you want. This project is currently sitting on a 2 bil mcap. TVL is around 20bil mcap so this coin has still a lot room to grow, since it is a Microsoft provided project I’ll count it as a bluechip for myself. All in all, there are big names behind this one.
Now some insight in technical analysis:
Here you can see GRTUSD on the daily bar chart from FTX. While this project is being listed back in december 2020, there is not much price history to consider. Not forgetting the plain fact that we are currently in price discovery mode. So far to some basic fundamentals. Basically you can see a classical cup and handle pattern right on before it’s breakout and potential retest before leaving this beautiful bullish triangle. We visited nearly every potential fib level and GRT consolidates around the psychological 0.5 area. MACD validates this with a potential bullish crossover coming in the next few days. By the way, a lot of altcoins are forming this kind of bullish strength on the daily, which means we are about to face some great pumps above them all.
This is me for today. Given chances have to be taken. This is not financial advice.
Cheers!
GRT Breakout of bull flagThe graph has broke out of our prolonged bull flag! Looks very bullish as we have broken the top of flag resistance resistance, Ichimoku cloud has been printing support and is starting to point up, along with our EMA ribbons! Stoch RSI coming out of oversold areas and coming up! i expect us to head up for now although, we have 3 heavy resistance levels we must break before going back up to our ATH, I expect us to break through those levels but we could see a couple rejections and some accumulation along the way! NFA just my opinion
GRT - Clear Signal - 60% Gains - Buy/HoldHello Traders,
We got a clear signal here.
Symmetrical Triangle Pattern on higher time frames.
Buy the break for safer entry, buy anytime for you risk takers.
A RE-Test would prove to provide 60% gains.
Buy/Hold. This is simple stuff, doesn’t need to be complicated.
Buy low, sell high. Buy when no ones talking, sell when everyone is talking.
Good luck!
GRT trying to breakout of bull flag Bull flag on the Graph is still in play we are getting closer and closer to that Apex point, We seem to have pretty rock solid support at the 0.2 FIB level. Watching for a full breakout which should realistically bring us above the 0.3 FIB. Ichimoku cloud printing support going up and the Stoch RSI is playing around the Oversold areas and I think buyers/the bulls should step in soon and buy this up. NFA just my Personal opinion.
Bullish FlagHi everyone,
On daily chart bullish flag is still valid. We might break out of the trendline by later tomorrow or the next day. Once we break out of the trendline that might be a great entry. The take profit is measured by copy-pasting the flagpole from a point where the possible breakout might take place. After breaking out the trend line we will continue setting higher highs and higher lows
This is not an advise just an idea
Thank you
Happy Trading
GRT has the fundamentals, will price follow?GRT is being called the "Google Of Blockchains" by some and while I understand its protocol use/function, Im more impressed seeing its current usage/integration in the most top used and fee generating protocols... similar to LINK's oracle, I think GRT might have a role as a pillar protocol in the greater DeFi/crypto ecosystem... regarding GRT/USD, we are looking at some price consolidation after breaking the previous 80 cent resistance and making an all time high at $2.89/GRT
I will continue to watch the price action and manage around any technical breakdown in BTCUSD price or GRT/BTC ratio but regardless of short term price moves, I'm leaning bullish if we continue seeing The Graph protocol integration, adoption, and dependance into DeFi/greater crypto. I don't have any specific short term price targets, but I did chart a possible parabolic path... will update as the price decides its direction, but if you want to learn more about The Graph and GRT, I linked a Finematics youtube video that does a great job of explaining the importance, usage, and potential of the protocol hope that helps, cheers!
The GRAPH - Google Of Blockchains? GRT Token Explained
youtu.be