Grtusdt
GRT SHORT SCALP SIGNAL 15 MINHello again dear traders
In GRT currency, we can enter a scalp position or short term for shorts
Profit and loss limits are specified in the chart
Don't forget the free risk or the profit
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GRT/USDT 4H Bullish (Long) Structure from Falling Wedge
GRT is now trading around 0.153.
GRT has broken out a falling wedge pattern on 4hr time frame which is a bullish pattern. So the Possible scenario is according to the pattern, we can see bullish momentum in it.
Otherwise If the price dumps and trades inside the pattern again, the pattern will become invalid.
Stay tuned with us for further updates.
GRT LongWhile GRT isn't so popular, it is considered the backbone of many DeFi projects. As seen on the chart price is actually holding out strong on the 0.14$ support, indicating that the uptrend will continue. For investors looking to buy GRT, now is a good time. This is a good coin with a lot of potential.
GRTUSDT.1DBased on the given market data, the cryptocurrency GRT is currently trading at 0.1724 USDT. The Relative Strength Index (RSI) values indicate that the currency is neither overbought nor oversold in any of the time frames, suggesting a neutral market sentiment.
In the 4-hour time frame, the Moving Average Convergence Divergence (MACD) is slightly positive, suggesting a weak bullish trend. However, the price is below the Bollinger Band (BB) midline, indicating bearish pressure. The immediate support and resistance levels are at 0.1632 and 0.1974, respectively.
In the 1-day and 7-day time frames, the MACD values are positive, suggesting a bullish trend. However, the price is below the BB midline in both time frames, suggesting that bearish pressure still exists. The support levels are lower in these time frames, indicating potential downside risks.
In conclusion, GRT seems to have mixed signals with slight bullish indications from the MACD values but bearish pressure from the BB values. It is crucial to watch out for the mentioned support and resistance levels. As always, it's recommended to consider other factors and your risk tolerance before making an investment decision. Please note that trading cryptocurrencies involves risk, and you should only invest what you can afford to lose.
Elliott wave on "GRTUSDT" Weekly time frameHi Guys,
You can see my prediction of the future price for GRT USDT.
At this stage, we cannot definitively say that we are in wave 3 or wave c. That's why I labeled it with 3orc wave.
In this case, the minimum target number for wave C is 0.344$. If the movement has a good acceleration and after reactions to the Wave C zone, a decision can be made regarding wave 3.
Also be informed that normal targe for wave 3 is 0.88$ up to 1.57$
400% rise?rom the historical bottom of the currency, internal waves were formed, rising in wave A, and then a corrective falling wave B was created for it. It is now expected that wave C will be formed, consisting of five upward waves, and waves 1 and 2 of them were implemented, and an explosion remains in waves three and five coming to the shaded areas above.
All data is shown on the chart. Good luck.
GRT: Channel Up BreakoutTrade setup : Price remains in an Uptrend, however, following a bearish breakout from < a Channel Up pattern and below $0.175 support, price could correct further and pull back to $0.15 support next.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.175, which it broke, then $0.150. The nearest Resistance Zone is $0.230.
Go to reverse zone(GRT)❤️❤️Thanks for boosting 🚀 and supporting us!
📈And in bull-tend come to reverse zone.
📊 (Entry) : 0.2052
🔴 Stop Loss : 0.2211
🎯 Take Profit : 0.1887-0.1778-0.1640-0.1467
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
GRT had a Good Run |🚀👀 What's Next for GRT?💎 Paradisers, gear up for an intriguing trading opportunity with GRTUSDT. It's currently in a phase of noteworthy activity within the demand zone, signaling a potential pivot to an upward trajectory.
💎 TheGraph has been consistently following a descending channel pattern. Recently, it has broken above this pattern, leading us to expect a surge towards a resistance level, then a quick pullback, in line with its established pattern.
💎There's a high probability of a bullish turn initiating from the support level at approximately $0.1227. Having successfully broken out of the descending channel upwards, GRT is now likely to target resistance levels around $0.23.
💎 Timing is crucial for savvy Paradisers. Pinpointing the most advantageous entry points during this rise is essential. Exercise caution and avoid buying at the peak of the movement.
💎Additionally, be mindful of the potential for GRT to drop below the $0.1150 support level. A breach below this pivotal point could cast doubt on the longevity of the upward trend.
GRT: JANUARY 1, 2024TL;DR:
. We are in an uptrend.
. The price is challenging a 12H OB.
. Upon acceptance above the mentioned OB, local highs will most probably be raided.
. Upon acceptance above last week's high, price will most probably push towards the Quarter Range of 2022 (The mentioned level is the 25% of the 2022 range i.e. the yearly candle).
GRT/USDT particularly as it approaches a crucial resistance area💎 GRT has consistently been a point of interest in the market, particularly as it approaches a crucial resistance area. Historically, GRT has faced strong rejections at this level, but a successful breakthrough could signal a significant upward shift. Achieving this would mean a probability movement towards our targeted daily resistance.
💎 However, if GRT is unable to surpass this resistance, remaining in consolidation at this level for the next few days, it risks facing another rejection. This could lead GRT to reverse its direction, moving back towards the demand area.
💎 The demand area represents a critical support level for maintaining GRT's bullish momentum. Should GRT fail to rebound upon reaching this zone and be unable to sustain levels above this key support, it risks a breakdown. A failure to hold above this key support could lead to further decline, possibly taking GRT to lower levels.
GRT - Graph MASSIVE Upside Potential💎Hi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
The Graph is another excellent altcoin hold with great upside potential. This is one of the alts I'll be watching for a longer time hold💎
Originally launched on the Ethereum blockchain, The Graph’s mission is to help developers use relevant data to increase the efficiency of their decentralized application (dapp).
The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response.
The Graph’s native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and, in return, earn fees from the network.
The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval.
The Graph is being used by popular Ethereum dapps like Aave, Curve and Uniswap.
From a SHORT TERM perspective, the technical indicators are looking bearish, showing sellers are in control. After observing an "overbought" signal, a healthy pullback seems likely. Lower buy opportunity!
It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:GRTUSDT
GRT/USDT Assessing Bullish Prospects from Key Support?👀 🚀GRT💎 Paradisers, let’s zoom in on #GRTUSDT as it’s currently showing a promising setup. Positioned at a critical support level, it is hinting at a potential bullish movement.
💎 Reflecting on #TheGraph's recent performance, it has adeptly navigated through a descending channel, breaking upwards into a positive trajectory. Now, it is re-evaluating its support zone at $0.1469. If it maintains strong momentum above this level, the likelihood of an upward movement increases, aiming to challenge the substantial supply zone at $0.2329.
💎 However, should #GRT struggle to sustain its position above this support level, a shift in strategy might be necessary. This could involve targeting a bullish rebound from a lower support level at $0.1185, marking a potential strategic pivot.
💎 If #GRT descends below the $0.1185 support, it may signal a shift in market sentiment towards the bearish side, potentially leading to a deeper decline. 🌴💰
GRT: Uptrend with Bullish Triangle Formation! 📈🚀Today, let's dive into the fascinating world of The Graph (GRT) and explore its robust long-term uptrend. The coin has consistently formed higher lows, showcasing its bullish resilience. Currently trading within a bullish triangle pattern, GRT is poised for potential breakout action. Here's a comprehensive look at the ongoing dynamics and what traders might anticipate in the coming days. 📊🚀
Analyzing GRT's Chart: A Symphony of Higher Lows and Bullish Triangle
Long-Term Uptrend:
Higher Low Formation: GRT has maintained a solid uptrend since its inception, forming higher lows over an extended period.
Bullish Significance: The pattern of higher lows suggests sustained buying interest and a positive long-term trajectory.
Bullish Triangle Pattern:
Pattern Identification: GRT is currently trading within a bullish triangle pattern, a formation that often precedes significant price movements.
Consolidation Phase: The triangle indicates a period of consolidation, with price squeezing into a narrowing range.
Anticipating the Breakout:
Potential Upside: Traders are closely watching for a breakout from the triangle, which could signify the continuation of the bullish trend.
Volume Confirmation: Confirming the breakout with increased trading volume would add validity to the upward move.
Trading Strategy Considerations:
Breakout Confirmation:
Wait for Breakout: Consider initiating positions post-breakout confirmation, ideally after the price retests the upper boundary of the triangle.
Volume Analysis: Validate the breakout with substantial volume, signaling strong market participation.
Risk Management:
Protecting Investments: Implement sound risk management, including well-placed stop-loss orders, to safeguard positions.
Monitoring Trendlines: Keep a vigilant eye on the support and resistance trendlines for potential trend reversals.
Price Targets:
Optimistic Scenario: A successful breakout could open the door for a sustained uptrend, with initial price targets at 0.3 and potential continuation towards 0.8.
Conclusion:
GRT's historical commitment to forming higher lows and the current presence within a bullish triangle pattern paints an encouraging picture. Traders are advised to await breakout confirmation, exercise caution, and closely monitor key levels as The Graph navigates the next phase of its price action.
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