Yesterday i came out with some TA talking about how we saw a 10% drop for GRT and how the bulls needed to hold the 0.2 FIB level, and they did exactly that we are seeing a very nice recovery as of right now, the most ideal situation would be to push higher and close above the 0.3 FIB, unlikely for today but i believe we will see a good close and then push forward...
We saw aprx. 10% drop today for the graph which provided a decent buying opportunity and we held and closed our daily candle above the 0.2 FIB level shown by the 2nd most recent candle. now we will see if the bulls can hold this level going into tomorrows daily close. We still also have support from the ichimoku cloud going sideways. If we were to close below the...
The graph has broke out of our prolonged bull flag! Looks very bullish as we have broken the top of flag resistance resistance, Ichimoku cloud has been printing support and is starting to point up, along with our EMA ribbons! Stoch RSI coming out of oversold areas and coming up! i expect us to head up for now although, we have 3 heavy resistance levels we must...
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...
GRT 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...
The 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...