Grtusdt
RED WEEKEND BEFORE BREAKOUT ?Good morning lads and ladies!
Here is a small update on the total market cap excluding BTC on the 4h time frame. The only one which looks bearish at the moment. No rush and no need to worry, all in all it is still very bullish on the major trend. We are still about to face some parabolic moves in the near future! It is all about risk management.
my idea:
While the 1, 2 and daily TF looks almost done dumping, the 4h is still showing some bearish momentum to me. The lower horizontal line is considered an important level to me. It seems likely to me that we visit this area before smashing resistance. Took some nice profits over the last two days and I am out of most margin positions, except GRT and 1INCH. Their risk-reward is very good atm, even if we drop more.
Shakeout before breakout. Risk management. Play safe.
Cheers!
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 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.
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