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GRTUSD

GRTUSD: Falling Wegde buy to 0.10250.The Graph is on a short term rise with the 1D technicals still neutral (RSI = 53.312, MACD = -0.002, ADX = 25.119) trading towards the 1D MA50. This is the Resistance since the end of July. This is a LL rebound at the bottom of the Rising Wedge pattern which is inside a wider Channel Down. We are going long now, aiming at the top of the pattern (TP = 0.1025). On the long term, the price needs to cross above the 1D MA200 (as on January 23rd) in order to get a trend change and a breakout bullish signal. Technically the crypto can reach even the 1.382 Fibonacci extension (0.3500) from there. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:GRTUSDLong
by InvestingScope
1
GRTUSD: looking for a refillI like GRT and have been buying and selling; but, still have a small bag that I want to expand. GRT is doing things to become more decentralized and with AI tag on its brand, I think it should do well. But with anything in crypto world, you never know if a project will be successful or even a scam or not. So, I have waited for an attractive price point for a large purchase and looks like I might get it again. My first big purchase (over 5k at the rectangle area) earlier this year gave me almost 3x and I sold more than half. I want to put that back in again at the same area if it comes back to retest. Stop loss will be a bit loose below December low since I can afford to lose that much only. If I don't get it, then I will wait until I see a higher high above July high. Moves on GRT are very fast, so multiple limit orders are in the plan. Hopefully things will work out.
by mukit1
2
GRTUSDTThe current situation of BINANCE:GRTUSDT (Graph Token) is as follows: A few days ago, we witnessed an unsuccessful breakout that led to a price decline up to this point. There has been a downtrend lasting for more than 150 days, but fortunately, we also have a supportive trend line with two strong supports. we have a change of character from a downtrend to an uptrend, and we can confirm this with higher pivots that have been formed. However, this doesn't necessarily imply a reason for the price to go up. In my opinion, a price of 0.105 could be a reasonable buying price with the target of retesting the downtrend line. ⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Long
by Madoir
GRT The Graph migration to ArbitrumIn my opinion, despite the majority support for The Graph Improvement Proposal and the planned migration to Arbitrum, there are potential concerns for the GRT crypto token. The shift to Arbitrum, as an off-chain solution, may introduce uncertainties and risks that could impact the token's value. Furthermore, the support level of $0.052 could be a significant point to monitor, as breaching that level may trigger additional selling pressure and potential downward momentum for GRT. Looking forward to read your opinion about it!
Short
by TopgOptions
THE GRAPH long term more gain and shine 💣🚀💣Hello 🐋 we expect to see more gain for the price in log term targets 🚀💣 Brief explanation 📖👌💡 It is an indexing protocol designed with the specific aim of querying networks like Ethereum and IPFS. In simple words, projects with complicated contracts (such as Uniswap and even the Bored Ape Yacht Club NFT collection) store information on Ethereum’s network. The Graph makes it very difficult to read anything other than the basic data directly from the blockchain. Without getting too far into technicalities, The Graph solves the complexities through a decentralized protocol that’s designed to index and enable the performance of efficient querying of the network data.📖 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
2