Thegraphusdt
GRT: Channel Up BreakoutTrade setup : Price remains in an Uptrend, however, following a bearish breakout from < a Channel Up pattern and below $0.175 support, price could correct further and pull back to $0.15 support next.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.175, which it broke, then $0.150. The nearest Resistance Zone is $0.230.
GRT - Graph MASSIVE Upside Potential💎Hi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
The Graph is another excellent altcoin hold with great upside potential. This is one of the alts I'll be watching for a longer time hold💎
Originally launched on the Ethereum blockchain, The Graph’s mission is to help developers use relevant data to increase the efficiency of their decentralized application (dapp).
The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response.
The Graph’s native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and, in return, earn fees from the network.
The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval.
The Graph is being used by popular Ethereum dapps like Aave, Curve and Uniswap.
From a SHORT TERM perspective, the technical indicators are looking bearish, showing sellers are in control. After observing an "overbought" signal, a healthy pullback seems likely. Lower buy opportunity!
It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CryptoCheck
BINANCE:GRTUSDT
The Graph ($GRT) Yet to Reach Its Yearly High
In the past one and a half months, GRT increased by 110%, primarily due to the positive trajectory of Bitcoin (BTC). Despite this surge, GRT has not yet reached its yearly high, which is 52% higher than its current price, sitting at the $0.23 mark.
The primary outlook for GRT, similar to many other altcoins, is to continue its upward trend. If it can break through the selling zone of $0.155-$0.165, the next targets for buyers would be around $0.17 and $0.19.
A market correction remains a plausible scenario, given the lack of significant downturns in Bitcoin's chart recently. Under such circumstances, GRT could potentially test support zones at $0.120-$0.130, $0.107-$0.115, and $0.101. These points might present good opportunities for accumulating the asset in the spot market, particularly if BTC stays above the critical $30,000 level.
GRT (The Graph)----->Long (30X)Hello to all crypto players
If you like to risk a small part of your portfolio, but you are not interested in meme coins, then pay attention to this BINANCE:GRTUSDT !
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. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.
Market cap
9.04%
$1,187,268,975
#46
Volume (24h)
31.61%
$127,555,041
#44
Volume/Market cap (24h)
10.74%
Circulating supply
9,281,136,914 GRT
Total supply
10,777,673,677 GRT
Max. supply
∞
Fully diluted market cap
$1,378,602,800
My view:
A token from the artificial intelligence category with excellent fundamentals and technicals and almost Circulating supply 100% and a drop of 95% from the ATH.
But don't rush to enter because to confirm the start of the main bullish rally:
We need to break the yellow line with strength and momentum and stabilize the price above that area.
My setup:
Entry after yellow line breakout
(0.17$)
TP In order of time frame and probability
0.72$
1.13$
1.7$
2.8$
.
.
.
4.7$ very imaginative goal
7.4$ very imaginative goal
GRT: Resistance BreakoutTrade setup : Trend appears to be reversing to an Uptrend. Following a bearish breakout from a Descending Triangle , price dipped as low as $0.09 but rebounded above 200-day moving average ($0.12), which could signal a trend reversal. Price could revisit $0.18.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.10, then $0.08. The nearest Resistance Zone is $0.18, then $0.23.
The Graphhello everyone...
graph is out of the falling wedge... made a strong movement and currently trading above the 0.14
the next main resistance is 0.33 which is highly possible since the weekly rsi is above 50
I think the bear cycle has completely ended for this coin and bull has taken over for long run
good luck
TheGraph Protocol- Keep things simple.
- Big projects take time but will make the safest rewards.
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Medium Term Targets
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TP1 : 0.5$
TP2 : before 1.8$
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SL : No need
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Happy Tr4Ding !
The graph from price action perspective. Folks,
The graph a project I like.. And it is looking good to be in a 2nd leg pump to do BREAKOUT test.
This BREAKOUT test is something we see similar after hitting Support and bottoming..
Look for the forecast and the symmetry between 1st leg and 2nd leg..
This is WHY I love trading and technical analysis it is freaking art, my friend.
Again no fancy MACD's or bla bla bla indicators. No pure price action!!
MY VIEW ON THE CURRENT SCENARIO IN GRTBUSDTechnical analysis regarding the price of THE GRAPH in relation of dollar Binance for the next scenarios, based on daily movement.
Price has been going downhill for a long time, leaving bottoms and tops lower and lower. At some point, we have to expect a resumption in its high, correct!?
GRT is a well-established project with excellent fundamentals, it has everything for a good valuation at its price. Its governance is faithful and so far delivers what it says.
In a more technical view, the price is with the RSI above 50 (>60), with the MACD gaining momentum (buying mass coming in heavy) and, it should be noted the very considerable volume, plotted below the MACD, notice the expression of the volume.
I believe the price will seek the targets projected on the chart. And, there is also a very noticeable resistance region just above that the price could go to test.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Is the downtrend for GRT done?Here is what I see with GRT at the moment:
The bullish:
1) The green box I have drawn is GRT'S last key zone of support. I am getting this from the touch that GRT made shortly after launch and proceeded to rally over 1000%. Ever since then we have yet to re-test this box.
2) We have daily bullish RSI and MACD divergence. Always a good sign.
3) We have been in a downtrend for a very long time and have pretty much re-entered the price zone that the coin launched at.
4) It appears we are starting to break above the ema ribbon. The spread is also relatively small. A good sign.
The bearish:
1) We have a 60% ichimoku cloud above us. I have to suspect this will offer some sort of resistance, especially since we have yet to test it during this year long downtrend.
2) The red box marks a key area of resistance for GRT. This area lines up relatively well with the ichimoku cloud, supporting the idea that we will likely see resistance in this range.
3) I suspect the 200 daily ema will enter this range around the time GRT hits it, that is, if it does. This strengthens the previous two points even moreso.
4) Volume is pathetic
My take:
This is a bit of a risky play right now as GRT is heading into some substantial resistance. I still suspect some upwards movement in the short term, but only into those resistance levels, however I suspect something like scenario 1 will play out, especially if the overall market sentiment turns around in the next couple of months which I believe is to be expected.
If we lose the green box we will likely set new all time lows for GRT. Since it has lost so much of its value already, i'm inclined to believe that this wont happen.
If I were to go long I would wait for a retest of the green box, potentially after the resistance levels reject GRT.
Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
The Graph (GRT) Update:180% back to the ATH @ $2.88 next stop $4Since we had a fast and slow ema crossover (18/10/21), with the 13 EMA crossing up above the 50 SMA on the daily signalling strong bullish momentum, The Graph (GRT) has grown just over 35% from this call. From here we can expect continued bullish momentum as we head back up towards the ATH at $2.88.
Short-term targets
🎯$1.68 64% Gain from the current price
🎯$2.88 260% Gain from the current price (previous ATH)
EOY/Q1 2022 targets
🎯$6.76 561% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 941% Gain from the current price (423.60% Fibonacci level)
17/10/21 GRT Update: The Graph ( GRT ) Update 17/10/21: 260% Gain back to the ATH @ $2.88 from the current price level. Since reaching its ATH on 12/02/21 at $2.88, The Graph has experienced moderate retracements in the range between the 38.20% fibs and 78.60% fibs from 12/02/21 to 12/04/21 (from $2.88 to $1.39 50% drop before the May crash). As we saw across the whole market, GRT was heavily affected by the May crash as we saw a lot of fear and panic in the market. More importantly, since hitting its ATH after being shortly launched (18/12/2020), The Graph has not yet even recovered from the retracements between 12th Feb to 12th April, instead The GRT had a further 65% drop from $1.39 (17th May 2021) to $0.48 (20th July 2021). During this downtrend The GRT has retested the bottom at $0.48 3 times forming strong support at the $0.48 price level and a bullish triple bottom chart formation. From the current price we expect the 13EMA to cross up above the 50SMA signalling a Strong Buy Signal for GRT with a potential of 260% gain back to the ATH from the Buy Zone. Please find Our Key Price Targets Below:
Short-term targets
🎯$1.68 111% Gain from the current price
🎯$2.88 260% Gain from the current price
EOY/Q1 2022
🎯$6.76 756% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 1232% Gain from the current price (423.60% Fibonacci level)
$1K investment at the current price would give you a value of $12,320 when The GRT reaches the full fib extension at $10.64. Use Buy Zone to map your entry. Happy Trading :)
The Graph (GRT) Update 17/10/21: 260% Gain back to the ATH The Graph (GRT) Update 17/10/21: 260% Gain back to the ATH @ $2.88 from the current price level. Since reaching its ATH on 12/02/21 at $2.88, The Graph has experienced moderate retracements in the range between the 38.20% fibs and 78.60% fibs from 12/02/21 to 12/04/21 (from $2.88 to $1.39 50% drop before the May crash). As we saw across the whole market, GRT was heavily affected by the May crash as we saw a lot of fear and panic in the market. More importantly, since hitting its ATH after being shortly launched (18/12/2020), The Graph has not yet even recovered from the retracements between 12th Feb to 12th April, instead The GRT had a further 65% drop from $1.39 (17th May 2021) to $0.48 (20th July 2021). During this downtrend The GRT has retested the bottom at $0.48 3 times forming strong support at the $0.48 price level and a bullish triple bottom chart formation. From the current price we expect the 13EMA to cross up above the 50SMA signalling a Strong Buy Signal for GRT with a potential of 260% gain back to the ATH from the Buy Zone. Please find Our Key Price Targets Below:
Short-term targets
🎯$1.68 111% Gain from the current price
🎯$2.88 260% Gain from the current price
EOY/Q1 2022
🎯$6.76 756% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 1232% Gain from the current price (423.60% Fibonacci level)
$1K investment at the current price would give you a value of $12,320 when The GRT reaches the full fib extension at $10.64. Use Buy Zone to map your entry. Happy Trading :)
TheGraph Yes but Waiti was surprised by the weakness of one this big project while BTC was correcting.
No impulse, No rage, No Surprise. Stayed in perpetual weak downtrend for now.
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- So i will give a trading simple way :
- Should wait GRT break his Downtrend and pass 1$ to invest in.
- TP1 : 2$
- TP2 : 3.5$
- TP3 : 4.8$
- The new GRT Bottom should be around 0.45$ but have to be prudent in cryptos.
- In Any of this cases if BTC makes a fast Dip (BearTrap), i suggest you to keep some Cash to get GRT around 0.2$.
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Stay Safe
Happy Tr4Ding !
GRTUSDT Has Broken Above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, GRTUSDT has broken above a major Resistance. After pullback it can go higher
⬆️Buy now or Buy at 0.538
⭕️SL @ 0.480
✅TP1 @ 0.88
✅TP2 @ 1.170
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GRT THE GRAPH $3 soon !IS GRT on the way to breakout ?
GRT price has been surpressed for almot 3 months ! , it's been struggling to break the $2 area !
there's some movement and price action , there's some volume accumulating and some good news , there's a new exchange ( bitstamp )listing for GRT soon ..
Would we finally see GRT at $3 ?
'twitter . c o m /Bitstamp/status/1389592768750800900'
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
🌜 If you enjoy this idea, please like and leave a comment 🌜