#GRT/USDT#GRT
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at the price of 1470
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1600
First target 0.1900
Second target 0.2124
Third target 0.2510
Grtusdlong
GRT: sell high channel📊Analysis by AhmadArz:
🔍Entry: 0.442
🛑Stop Loss: 0.459
🎯Take Profit: 0.427 -0.410 -0.398
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$GRT small timeframe trade 40-50% upside?This is a small timeframe trade. I think this move likely plays out over the next few days (if it's going to happen).
As you can see, we've broken out of a bull flag and have tested this upper resistance multiple times at $.1435. Since it hasn't broken this level yet, I think what's most likely from here is for price to reject back into the lower support levels - either $.1347 or .1307.
If those support levels hold, then it sets up a potential 40-50% move higher into the upper resistances.
I'd look for $.1970 to get hit before a trend reversal, but you could also take profits at the $.17 level too.
Let's see if it plays out.
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.
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GRT plan of attackWe have touched the overhead resistance 3/4 times now. Looking for some consolidation here, and grinding up against the resistance more and more, before a break out.
Down below on the upsloping support line would be a sensible place to take a long; with an easy invalidation/stop loss just below.
Good luck everyone!
GRTUSDT - Trying to break trendline!GRTUSDT (1D Chart) Technical analysis
GRTUSDT (1D Chart) Currently trading at $0.688
Buy level: Buy after breakout
Stop loss: Below $0.59
TP1: $0.778
TP2: $0.878
TP3: $1.08
TP4: $1.31
Max Leverage 2x
Always keep Stop loss
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GRT Buy position ✔Hello Traders. Hope you are having a great day.
Today I want to share my thoughts on GRT on 4H timeframe. As you can see GRT has this descending trendline as a resistance in the way.
So I have marked the best point to buy and Targets are shown on the chart. Also you can put SL below 0.62$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
Thank you guys for reading my idea on GRT and don`t forget to comment what you think. ✌
The Graph (GRT) Update:180% back to the ATH @ $2.88 next stop $4Since we had a fast and slow ema crossover (18/10/21), with the 13 EMA crossing up above the 50 SMA on the daily signalling strong bullish momentum, The Graph (GRT) has grown just over 35% from this call. From here we can expect continued bullish momentum as we head back up towards the ATH at $2.88.
Short-term targets
🎯$1.68 64% Gain from the current price
🎯$2.88 260% Gain from the current price (previous ATH)
EOY/Q1 2022 targets
🎯$6.76 561% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 941% Gain from the current price (423.60% Fibonacci level)
17/10/21 GRT Update: The Graph ( GRT ) Update 17/10/21: 260% Gain back to the ATH @ $2.88 from the current price level. Since reaching its ATH on 12/02/21 at $2.88, The Graph has experienced moderate retracements in the range between the 38.20% fibs and 78.60% fibs from 12/02/21 to 12/04/21 (from $2.88 to $1.39 50% drop before the May crash). As we saw across the whole market, GRT was heavily affected by the May crash as we saw a lot of fear and panic in the market. More importantly, since hitting its ATH after being shortly launched (18/12/2020), The Graph has not yet even recovered from the retracements between 12th Feb to 12th April, instead The GRT had a further 65% drop from $1.39 (17th May 2021) to $0.48 (20th July 2021). During this downtrend The GRT has retested the bottom at $0.48 3 times forming strong support at the $0.48 price level and a bullish triple bottom chart formation. From the current price we expect the 13EMA to cross up above the 50SMA signalling a Strong Buy Signal for GRT with a potential of 260% gain back to the ATH from the Buy Zone. Please find Our Key Price Targets Below:
Short-term targets
🎯$1.68 111% Gain from the current price
🎯$2.88 260% Gain from the current price
EOY/Q1 2022
🎯$6.76 756% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 1232% Gain from the current price (423.60% Fibonacci level)
$1K investment at the current price would give you a value of $12,320 when The GRT reaches the full fib extension at $10.64. Use Buy Zone to map your entry. Happy Trading :)