Grtusdtanalysis
GRT potential long term targetsGRT / USDT
We are still in the same cycle since beginning of 2023 with macro bull market HH and HL structure intact
Whats next ?
Here i can see a high potential upside movement from around current prices(HL) to produce a new HH ,The most important resistances are highlighted
Best of wishes
GRTUSDTBINANCE:GRTUSDT is attempting a retest of the 0.16242 area. Are we going to see a rejection of the zone for a continuation of the bullish move or are we going to see a further push to the lower side? Either way, #GRTUSDT will tell us its next move. Until then, fingers crossed
Updates on this will follow...
GRT/USDT Need to Break the pattern for continue the upward move!💎 GRT has recently experienced notable shifts in the market. Currently, GRT has bounced from the demand area, with the candle exhibiting a positive response.
💎 If this bounce is validated, the next objective is the resistance trendline of the descending channel pattern. A successful breakout from this pattern probability could initiate a bullish momentum, facilitating an easy movement towards our target strong resistance area.
💎 However, should GRT fail to break out of the pattern, there's a potential retreat to the demand area to create new market momentum. Sustaining the demand zone is crucial, as a breakdown could signal a bearish trend, leading to a downward movement with the next support level situated at the support area, possibly extending further downward.
GRT/USDT Break this level, It will be confirmed Bullish movement💎 GRT has recently demonstrated noteworthy market dynamics, seemingly breaking out of the major cup and handle pattern, a reversal pattern indicating bullish momentum.
💎 However, for further confirmation, GRT needs to break above the bearish OB + supply area. A successful breakout from this zone could lead to a significant upward movement, probability signaling a bullish trend.
💎 Conversely, if GRT fails to break above and experiences rejection, there is potential for the price to retreat downwards towards the support area, which previously acted as resistance at the neckline of the CNH pattern.
💎 The support area holds significant importance, as a failure to maintain price above this level could invalidate the pattern, potentially leading to a reversal back into a downward trend. This could result in further decline towards the demand area, or possibly even lower levels.
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 target 0.251D time frame
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GRT is breaking out the falling wedge structure, but this downtrend line is not standard due to many wicks. On higher time frame like 4h or 1D, GRT gain demand at 0.08 which is also the structural support, and face the resistance from downtrend line, if GRT can break it out with high volume, we can set target based on the wedge.
TP: 0.25~0.25
SL: 0.0745
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."
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GRTUSDT Elliott Waves AnalysisHello friends.
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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!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
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Grt Looks Promising Here Grtusdt
Symmetrical triangle pattern breakout confirmed
Attempting to breakout horizontal resistance 8h time-frame
Higher time frame seems like firming descending channel
Overall incase of breakout expecting 30-40% bullish move for short term
Expecting 100-200% Bullish move in midterm
Risk under your controll do your own reaerch
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.
Entry: market and lower
Targets: 0.21 - 0.24 - 0.27
after first target reached move ur stop to breakeven
Stop: ~0.107 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
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
Why GRT price growing and what do GRT and ChatGPT have in commonToday we will talk about the GRTUSDT trading pair.
The downward trend in the GRT price began in February 2021, almost a year earlier than most altcoins. Because in 2021, interest in DEFi projects began to wane. The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem.
Now, interest in the DEFI sector is returning a little bit, and the volume of locked assets (TLM) is increasing, but it is hard to believe that these events provoked such a rapid growth in the GRTUSD price. Moreover, price growth on falling volumes is not okay.
No matter how ridiculous it may sound, we assume that many crypto users buy GRT because of the similarity in sound and spelling to the hype ChatGPT
And if our assumption is correct, we can congratulate all of us - the alt-season is near . In our memory, the last time it happened was in 2017, when users did not really delve into the essence of the project but bought it because it would be more expensive tomorrow.
And if we are wrong, please correct us in the comments below the idea.
As for the possible movement of the GRTUSDT price, we are more inclined to the white scenario, where the price will not be able to gain a consolidated above $0.18-0.20 and will begin a correction to the $0.11 area.
On the other hand, if the hype around GRT continues, which we don't understand, and the price is able to gain a foothold above $0.20 . We don't see any strong obstacles to continuing the rapid growth to $0.39-0.40 on the chart.
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GRT/USDT HAS POTENTIAL TO PUMP 200%!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BUY GRT/USDT
Entry range:- $0.356TO $0.3
Target:- 200%
SL:- $0.25
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GRTUSDT Analysis (perspective a couple of months)Hello friends.
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Everything on the chart.(update)
Nothing has changed from my last idea.
Entry: market and lower
Target: 0.52 - 0.65 - 0.85
Stop: (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
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.