Grtusdtlong
GRT Idea Part Two using RSI and FibHi
Ive already created an idea regarding $GRT using it's RSI. However after looking at GRT again I noticed the last time GRT dipped into oversold on the 1hr chart we were met with a close to 40% increase. We recently dipped into oversold on the one hour chart and have so far bounced 15%. If we are met with a identical 40% increase that will take us to the 0.618, which is very important. This could be the big move!
GRT RSIHey guys, Ive just noticed something about the GRT price chart for a scalp trade maybe.
The last time GRT dipped into oversold on the RSI of the 4 hour chart we say a 40% move. Im assuming something similar may happen here.
My findings are the same on the one hour chart. If we were to hit a 40% move from here, That takes us to around the 2.30-2.50 range. meanwhile breaking key resistances as shown in the graph.
Just an idea.
GRT/USDT bulls are you strong enough ?GRT / USDT
Technical Analysis 🌟
Price rejected down today after bulls failed to break trendline
strong daily support area = 1.90$ -1.80$
Price likely will visit this area and if bulls show strength and hold it we expect another try for a breakout
If price close daily below 1.80$ then we expect dump
Hope this analysis help
Best wishes
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 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
GRT/USDT GRT/USDT broke out of a symmetrical triangle w/ 20% but got rejected at pitstop 2 due BTC dip. This gives a good entry close at the resistance. Because GRT is at the apex of the triangle SL should be robust (below support line) & tight.
If BTC stays stong or goes sideways w/ stable or decreasing BTC.D it is likely GRT will reach higher prices as TP2.
GRT/USDT Bullish Broke out and my Target is 76% form here#GRT/USDT TA Update:-
#GRT looking good in LTF.
Now Brokeout the resistance level of bullish Pennant.
If you want to 100% safe trade then If 1 hours candle close above $2.275 then best entry.
I am targeting 2 Points for Profit.
1st :- 20%
2nd :- 76%
Entry:- $2.23-$2.25
Targets:- $2.44/$2.73/$3.97
Stop Loss:- if Any 1 hours candle close below $2.08 then I will exit.
Otherwise I will hold.
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