Grtusdt
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
GRT: Resistance BreakoutTrade setup : Trend appears to be reversing to an Uptrend. Following a bearish breakout from a Descending Triangle , price dipped as low as $0.09 but rebounded above 200-day moving average ($0.12), which could signal a trend reversal. Price could revisit $0.18.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.10, then $0.08. The nearest Resistance Zone is $0.18, then $0.23.
FLOW, FIL, GRTHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(FLOWUSDT chart)
The HA-Low indicator on the 1W chart is about to form at the 0.678 point.
Therefore, when it is created at the 0.678 point, it is necessary to check whether it is supported around 0.638-0.754.
If supported, you can buy.
If you bought
1st: 0.871
2nd: 0.998-1.112
3rd: 1.315
Split selling is possible when resistance is received around the 1st - 3rd above.
Since the HA-Low indicator on the 1M chart is formed at the 1.701 point, a full-fledged uptrend is expected to begin when the price rises above the HA-Low indicator on the 1M chart.
(FLOWKRW chart)
The key is whether you can rise with support around 917-1015.
when it rises,
1st : 1160
2nd: 1315-1490.0
Split selling is possible when resistance is received near the 1st and 2nd above.
However, since the HA_Low indicator on the 1M chart is formed at the 2355 point, it is expected that the full-fledged uptrend will begin only when it rises above the HA-Low indicator on the 1M chart.
-------------------------------------------------- ----
(FILUSDT chart)
Looking at the 1M chart,
Support and resistance points are formed at 5.686.
Therefore, it is expected that the full-fledged uptrend will begin only when it rises above 5.686.
Looking at the 1D chart,
The HA-Low indicator on the 1D and 1W charts is close up.
And, you can see that the HA-High indicator on the 1D chart is also close.
So, if possible, I would recommend waiting for support around 4.404-4.698.
If you confirmed the support and bought it,
1st: 5.130-5.686
2nd: 7.230
Split selling is possible when resistance is received near the 1st and 2nd above.
-------------------------------------------------- ----------------
(GRTUSDT chart)
Looking at the 1M chart,
It is expected that the full-fledged uptrend will begin only when it rises above the 0.1636 point.
Looking at the 1D chart,
It gained support around 0.0974-0.1047 and rose.
thus,
1st: 0.1292-0.1355
2nd: 0.1606-0.1636
Split selling is possible when resistance is received near the 1st and 2nd above.
It is expected that the actual uptrend will begin only when it rises above the 0.1997 point formed on the 1W chart.
(GRTKRW chart)
The role of support and resistance is weak since the chart was created not long ago, so please refer to it.
It is expected that the upward trend will start only when it rises above 172, which is the volume profile section formed on the 12h chart.
If it declines, you should check for support around 130-136.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
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!
GRT LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GRT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
GRTUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Still in pos, switched my main option on triangle in wave of (iv)
Entry: market and lower
Targets: 0.21 - 0.24 - 0.27
after first target reached move ur stop to breakeven
Stop: im w/o stop(depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.