GRTUSD
GRTUSD Price Discovery I am guessing 4.236 FibEx! You?BINANCE:GRTUSD
I'm going with the 4.236($3 zone) Fib extension to start because it's where they pumped THETA to.
Just a guess.
Market cap is roughly $1B at time of posting....People say this is like the google of blockchain!? That means big value.
$3B, $5B, etc....
The Graph TokenHello Traders,
The GRT is showing a lot of potential upside. We already seen an initial push to the upside upon release on Coinbase. We then had a period of accumulation forming the cup. The handle has already finished forming as well. We also have a W shape forming currently. The break of the cup head will push this token to $1.15 as the profit target. With this setup CUP and HANDLE. You will typically see that 80-90% of the time it reaches the 1 to 1 measure move of the cup (take profit area) and then reverses back to retest the top of the cup before moving higher. The new accumulation phase will take longer before a push above all time high will happen.
If you also look at GRT/ETH pair, you will see that GRT will out perform ETH by 70-80% at current price. Meaning it is better to hold GRT over Ethereum for this next month.
Let me know what you think.
TheGraph wich way to 1$ ?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 !
Thoughts .... GRTUSD ?At 0.425 i shared here that GRTUSD to be trading above a dollar..
Its has reached 0.95 :)
So what you guys think about? where it will be heading ? :)
i also shared about NUUSD momentum and its much higher aswell :)
look my previous ideas shared here
your like and support will motivate me to keep sharing :)
Happy Trading :)
GRT A cup 'n handle to go with your price discoveryObvious cup and handle to break into new ATH and price discovery for GRT. This is clearly an Elliott Wave 3. I posted a $1.95 target for the third wave, but I'm beginning to think that's too conservative as GRT has such strong momentum. That was the 2.618 Fibo extension. Let's move that up to the 4.618 extension at $3.38. Of course, there will be pullbacks along the way, but GRT is doing what GRT does.
$GRT Technical Analysis (BULLISH)What's up everybody! Thanks for taking the time to check out my detailed analysis of The Graph's $GRT! This is only my 3rd published Idea, but likely my most technical so let's get right into it! TL;DR at the bottom!
It's looking like $GRT might be gearing up for another run towards the highly sought after level of $1 or more! Before this happens though, there are a few things that I personally would like to see that would give the next leg up a little more power...
1) RSI - 4H chart: The RSI gradually finding support between the 55-45 range. This would indicate a healthy, prolonged consolidation period and more room to rock back up to 80.
2) MACD - 4H chart: The MACD gradually forming another bullish cross between 0.024-0.01 would indicating a new upward trend beginning.
3) Maintaining Support: The bottom of the recent bullish pennant must hold as support. If it fails to do so, we will likely see a retrace the the mid-level or lower-level of the macro broadening ascending wedge.
Using Fibonacci Extensions, I created Fib cluster ranges for the 61.8%, 78.6%, and 100% extension levels. For you swing traders, these can be used as Take Profit/reversal ranges that we will likely hit on the next run up.
Coincidentally, when the $0.27 correction at the beginning of the ascending wedge is applied the average close price of the most recent pennant, a $0.27 rally would take us to $1.08... right in the middle of the extension clusters!
TL;DR
RSI and MACD could fall a little further before the next run. 55-45 and 0.024-0.010 respectively would be ideal IMO.
Fib extension clusters point to $1+ soon.
I will be taking profit in the middle of these clusters at $1.08
Feel free to comment your opinion, and give this a thumbs up if you found it useful!
*This is NOT trading advice. I am NOT a financial advisor. What is shown and said in this analysis is purely speculation. Remember to trade with a stop-loss and DYOR!*
GRT: Correction Trend *UPDATE* | Climbing to $1 and Beyond!Hey everyone,
Just a quick update on GRT's current trend. After our massive climb to $.88 from this past weekend, we are currently in a correction phase. Support is still strong above $.73 for now. If we break below support, then expect price to drop in the mid to high $.60's range. For now, as the price squeezes further into the triangle we should be close to a breakout. I expect to see some action later this week.
*** NOTHING IS GUARANTEED. IDEAS ARE BASED ON PROBABILITY ***
*** NOT FINANCIAL ADVICE ***
GRT: Passing Previous All Time HighsHey guys! Right now, GRT is in a correction phase after a massive climb, breaking previous all time highs. We went from $.63 to $.88 in about a day! In my opinion GRT will easily pass $1 in the near future (assuming BTC doesn't have a massive dump).
I marked potential purchase entries for this correction and also labeled previous dips after having a high RSI (overbought territory).
*** Not financial advice ***
Here is some possible scenario for GRTGood Morning everyone!
As Grt moving slowly downwards we are all wondering where is the good buying point again for our $1 target. We need that pull back before we can go further and reach our $1 goal. much of it depends on the Bitcoin. As long as there is no big dump on bitcoin our $1 target and possibly beyond is more reachable. We will see better once get more data. I am curious to see what everyone prediction to new support level? leave a comment with your GRT new support level and new all time high predictions.
Thank you and Happy Trading
Burak
GRT You're all clear kid. Now let's blow this thing and go home!GRT has a new ATH after solidly breaking through resistance! Now retesting support as I type this, but this surge is bullish regardless. This is occurring with the backdrop of a flat crypto market in general tells you the strength of this Elliott Wave 3. Exciting times ahead!
TAKE PROFIT HIT, 100% PROFIT, RISK FREE, NEVER EVEN TOUCHED SLjust a quick post to celebrate with you guys our take profits hit for the second time , from .28 to .60 and now we have .39 to .85
still have the .90 mark to hit for entry at .45
sadly i missed the buy at .56 but i will hold on to some of this trade for higher profits
thanks again guys for all the love in the messages and comments , its amazing how we have had all good trades so far , lets keep them slow and steady