The Graph [GRT] Potential inverted H-S formationHi everyone,
Looking at the 4H timeframe, GRT seems to found support after a strong bearish move
As GRT was slowly recovering a possible inverted H-S formation caught my eye. When the inverted Head-and-sholder structural development rightly completes other important levels can be tested as highlighted in the chart.
In case we manage to break and close above the "Neckline" with the right price action and volume an important reversal can take place.
Be aware that this structure still needs proper confirmation!
Fundamentals:
> Succesfull mainnet migration of first 10 subgraphs (e.g. Audius project, UMA protocol,...)
> Integration with Fuse Network
> Scalable microtransaction system (Scalar)
> Integration with Celo blockchain
> Integration with MoonBeams
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Thegraph
GRT the last chance to buy at a discount !Like a good grasshopper GRT is hopping up : HOP , HOP annnnnd ... HOP !
the chart speaks for itself , see you later at $2.85 level , then we talk about next levels !
BTC please , please pleaaaaaaaaaase behave this time , just sit still and look pretty , that's all we ask !!
GRT THE GRAPH $2.85 soon !GRT THE GRAPH known as google of blockchain , is such an undervalued project !
We can see that GRT has been struggling against $2.15 price area due to BITCOIN dips !
However it's a matter of time till we see GRT's first stop at $2.85 then consoidate before shooting all the way up to $5 price target !
i personnaly see GRT at $15 before the end of the year , its functionnality is very similar to chainlink !
The FUTURE of The Graph (GRT)As you can see, no clear demand zone has been formed during the last BTC pull-backs on The Graph chart.
Although this token can be considered as a good long-term opportunity because of its use-case and low market capitalization, we could face a big sale in the medium term.
The Graph was promoted with pre-sales of the token at less than 5 cents. Early adopter's tokens were blocked to avoid massive sales during the bull run and to allow the possibility of integrating this technology into other interesting projects.
The massive gains it has made since that point, and the fact that it is estimated that most of these early investors will be able to sell their tokens around May, could trigger the medium-term sell-off that we warn.
Faced with this situation, we could have two scenarios, if BTC recovers its previous all-time high, it could boost the capitalization of the entire market, and after the fever of possible sales in the Graph, we could catch purchases at a good price. On the other hand, if BTC dominance continues to fall and the major Altcoins continue their bull run in the coming weeks, GRT would be left at its lows until the next season.
This is not a recommendation for you to sell, or to place short on futures, but an analysis to project purchases at the best possible price. We consider that this token could have a brilliant future in the long term.
If you want to receive daily insights like these, check our socials!
All the best, Alkaline.
GRT is at the launchpad! @SmileyTradesHello Traders!
Hopefully you are all well and have survived the recent selling pressure! Lots of setups are in action but this one on The Graph looks amazing! The Channels and Fib lining up is nice.
Key levels on the chart! Price shall do the talking here ;)
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
GRT Breakout and Back TestThis 4hr chart shows The Graph (GRT) breaking out of a large consolidation.
For me, this is a bull flag with a nice back test of support. The target for this break out is about $4.27.
I think GRT has great upside potential because it is similar to LINK in one key way...it will become a critical component of the cryptoverse infrastructure.
Owhooooo!
GRRRT and RRR 9.8Guys, when printers go **🖨️BRRR🖨️** then crazy goes GRRRT. It's pumpseason and I would say that the Graph is going to have another pump soon!
GRT is trying to break up this triangle, and if successful I think there is chance for run to 3.32 and even more. 😊
SL: range low
TARGET: height of the triangle projected from midpoint of the local range (RANGE HIGH - RANGE LOW)
RRR: 9.8
INVALIDATION: when SL level hit
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GRRRT and RRR 12+Guys, it's pumpseason and I would say that the Graph is going to have another pump soon !
GRT already broke up this triangle , so I think there is chance for run to 3.38 and even more. I bought @ 1.764.
SL : local low
TARGET : height of the triangle projected from midpoint of the local range (RANGE HIGH - SL)
RRR : 12.74
INVALIDATION : when SL level hit
Like & Enjoy!
The Graph - ZOOM ZOOM to $3.90Basically the Google of the Ethereum Blockchain. Incentivizes the organization of blockchain data into open API's called "Subgraphs" for apps to use. Curators in the system are tasked with finding high quality subgraphs. Indexers choose which subgraphs to index based on input from the Curators. Amazing fundamentals paired with a bullish chart.
Bullish falling wedge with decreasing volume. Broke out and successfully retested. Daily MACD crossing up. Break ATH (yellow) and we target $3.90. Short term targets, definitely don't think we stop there ($5-$10 is probably next later on). This is another cheap Coinbase coin and we know how well those do.
🌧️ GRT Breakout Of Descending WedgeGRT recently broke out of a descending wedge pattern, and currently its price is stabilizing around the $1.76 level. There is high selling volume from >=$1.81, so expect GRT to accumulate around there for a while before breaking higher. Of course, we cannot discount the possibility of another retracement back down, so remember to set your stop losses based on ATR and the next lowest wick one Fibonacci level below.
For April, GRT will have subgraphs coming to the main net, which could be a bullish news. Together with the breakout of the descending wedge, we can expect good news for GRT in the coming weeks.
GRT wants to moon!GRT has been rallying tremendously since its launch in Dec 2020 and has been consolidating since its ATH on Feb 12.
The correction and consolidation has been ongoing for almost 2 (!) months now and since GRT shows these bullish signs:
- MACD cross
- MA cross
- Just set lowest low on RSI (similar to DOT before its recent run-up)
- Cup and handle with neckline in the golden pocket and (still early) seems like a solid bounce from the neckline!
Other factors to take in mind:
- trending on Coingecko
- immensely popular with retail, especially in the USA; with holidays this weekend, I expect the popular coins to surge
- did I say alt season? alt season!
Short term target (next 3 - 7 days): +30%
Mid term target (by mid June): +90%
I expect GRT to outperform BTC in the coming weeks / months, ofcourse; its alt season. :)
Check the links below for more alt coins with huge potential, happy days!
Long term: Given its use case will be increasingly important in the new blockchain based economy, I see huge potential long term for GRT.
But of course you dont care because we are all here for the short term gains; so trade the breakout, if you agree, good luck!
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
The graph grand master deep insight by matin taherzadeh-Hello everyone
GRT (the graph) looks pretty through its consolidation. So let’s make an deep insight on it.
Between March 23th-28th grt/usdt pair made inverse head and shoulder pattern on 4H time frame not shown on analysis sheet but is obvious, the token completed and confirmed the pattern with the long thick 28th March daily candle. Moreover, in confluence with this, grt broke above the moving average showing us it’s possible too make it bullish.
RSI trendline has broked and the money flow index create bullish scene on Daily time frame.
Another interesting factor about the token is a HVN zone followed by decreasing bar length shown in the analysis sheet.
If the bulls can hold the price above moving average, they will plan an powerful attack to the red zone and then to the last line of defense of bears in 2.2877$ and if can break it, the price of this token retest the high of the swing in 2.89$ and rally to the 3.82$ Will be in the instruction.
Please do your own research before any trade and just believe in your decision for risk management requirements.
The recommended stop loss for this analysis is a rectangle with the high of 1.39$ And the low of 1.35$ and if price broke below the stop loss’s zone low, the analysis become invalid.
Hope you joy from this analysis and with that: happy trading ;)
GRT Intended Channel and Next Leg UpI believe we could see GRT trade sideways until the end of the month. I think between the blue lines was GRT's intended movement but when it went parabolic it broke too far out of that channel. Its movement over the last couple of weeks tells me that it could continue like this until one of three possibilities.
1: GRT moves up to $1.86 in the next day or 2 then falling back to its strongest support at $1.68 then breaking out of the flag to test $2.45 on March 27th returning to its intended channel.
2: GRT continues to trade sideways for the rest of the month and explodes to $2.55 on April Fools Day again returning to its intended channel
3: GRT RSI is so cooled off that by the end of the month it just explodes from boredom back out of its intended channel to $3.00-$3.20 which would mean another huge fall and log period of consolidation.
Personally I'd prefer healthy price action with less consolidation time and an eventual 200%-300% gain in less time than it would take to get that with a quick 100% gain explosion out of the intended channel again with another very long consolidation time following it.
GRT Looking great keeping an eye for key daily close!The graph is showing lots of life the past couple days and currently is looking great sitting in the 0.3 FIB level. Im looking for a very key daily close in aprx. 1 hour from now above the 0.3 we are currently at. In my mind this shows lots of strength and momentum to keep going up.The stoch RSI and the RSI are both looking great pointing up and the MACD is actually showing some real signs off flipping to bullish! GRT has been among the top market leaders the past couple days and i think we definitely can keep it up. Remember if BTC keeps showing some strength and heading up almost all the market will aswell. NFA just my opinion!
The Graph [GRT] support & directionHi everyone,
Looking at the 4H timeframe, after a strong bearish move when hitting its ATH $2.88 in Mid. February, GRT seems to found support at its 0.618 Fib. retracement (~$1.25).
In case we can hold the grey trend line as support, other important levels can be tested as highlighted in the chart.
As these corrections are normal market cycles, I am still bullish on The Graph in the long run!
Strong fundamentals:
> Migration path to Mainnet starting in April 2021
> Team expansion
> Integration Clover Finance
In case we fall below the lower grey trendline that acts as support, above set-up will be invald
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This is not financial advice