GRT trying to breakout of bull flag Bull flag on the Graph is still in play we are getting closer and closer to that Apex point, We seem to have pretty rock solid support at the 0.2 FIB level. Watching for a full breakout which should realistically bring us above the 0.3 FIB. Ichimoku cloud printing support going up and the Stoch RSI is playing around the Oversold areas and I think buyers/the bulls should step in soon and buy this up. NFA just my Personal opinion.
Thegraph
GRTGRT trading inside the bull flag still and what we are looking for is a breakout, IMO we could see it continue to trade downwards inside the bull flag some more then breakout to the upside, we could very well see a breakout in the next coming days aswell, as we see the EMA ribbons look very strong and look like they wanna go up, Ichimoku cloud also leading creating some support
The GRT Buy Potential 70% Gain Update on courseThe GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
Possible Triangle Breakout (GRTUSDT)It might be that this is a breakout on this triangle chart pattern. Since most altcoins are correlated to BTC or ETH, I will be keeping a close eye on them as well. However I am bullish on BTC and ETH (take a look at my profile to see BTC and ETH analysis from today). Not financial advice, Cheers ✌️💫🚀.
The GRT Buy Potential 70% GainThe GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom, further signalling and confirming our bullish bias back to the ATH levels.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
GRTUSDT ‘The graph’ long speculationRecently announced parachain with dot, more fundamental news pointing to this coin being undervalued perhaps, saw a break, retest now it looks like we are seeing rejection and we are just waiting for the consolidation. Prob in the W form previously mentioned (all these coins seem to like it). TA pointing good (although we don’t even have a 100 day moving average this is how new this coin is lol). Mid term levels noted. This is another long term coin that I will look to take partials along the way. If you wish to know any of my longer term levels on Grt or any other questions don’t hesitate to dm. This is not financial advice. Happy trading!
Ngs
The Graph (GRT) • Consolidation range waiting confirmation The Graph is an indexing protocol for querying data on Ethereum.
Currently sitting on #33 on CMarketcap this token seems to be doing some consolidation after significant pullback. In the video I talk through some possible scenarios and why I think it s still bullish.
GRT- further breakdown, a reflection of overall market sentimentShort term: Bearish - note I did not put short on the chart itself, as corrections are to be expected.
Long Term: Bullish. Very very Bullish.
The Graph announced some huge news recently, that it would now include support for 4 MORE BLOCKCHAINS! Currently, it has made its way to $3 and down to over $2, with just handling Ethereum blockchain itself.
The news that it will take on 4 more blockchains, is very bullish, and eye opening. Some people misunderstood that it was only on one blockchain to begin with, some people are elated to see the popular Polkadot Network as part of the 4.
However, the price did not react to this. And I believe it is overall sentiment of the market.
Bitcoin is currently reaching new highs, and we should see a peak soon, as the structure of Bitcoin breaks down slightly. The weakened Bitcoin should be able to reach above 60k, but is in danger of correcting. A Correction is completely normal, but it implies that the Altcoins will also dip, and this affects GRT.
I think a correction is necessary, to promote a healthy future growth. When the Altcoins corrected, we never really made it all the way down to the 50% fibonacci retrace, and may still have some room to drop. Once this does, I would expect consolidation til the end of February, and a big launch of Alts after.
GRTUSD: Incoming BullHello Investors and Traders,
The last few GRT post have been winners. GRT do not look like it will wear out anytime soon. If you compare GRT to ETH and BTC, the ratio will suggest GRT will continue higher. We see a continual lower highs the last few days after the recent mega pump. There a few target area for GRT. We will eventually see $4, but we will see if we can make all new highs before we can aim for $4. We will see if GRT will fall back down again after touching ATH and proceed from there.
Let me know what you think.
The Graph / BitcoinHello!
Here we have Grt/Btc once again.
We can see from RSI vertical support line the 20 EMA bounces marked as red
Fourth time a charm or break downwards?
On RSI we can see similar price action like we did on previous break.
The Graph did come out on 17th of December 2020 but they have been working and helping others in the field much longer than that.
If you don't know the project I suggest to check it out.
I did make a analysis about the project already in January 26th
If you do take trades and are not holding for long term use stop loss.
Otherwise you will get your ass burned!
Jebu
GRRRT and RRR 3.2New setup. Graph already broke out, and I will add if the price pulls back to the BUY LIMIT. Check the related idea for the original setup. Although the RRR now dropped to 3.2, it's still fine. Didn't manage to publish the idea catching the initial breakout in time, so let's hope late-comers will also get chance to get in. :-)