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GRT / Bitcoin

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GRTBTC trade ideas

GRT/BTC projectionsHere are two possible scenario based on support and resistance . GRT showed strong growth , bigger than BTC , so this is a basic optimistic projection. The coin is popular, technology is great and without big rival, trend is up, pattern looks good. If it reach new high, sky is open... Disclaimer: This is NOT “financial advice”, I do NOT belong to financial world. #NoPro This is to share visions and ideas with the community. So go on but decisions you make from it are entirely yours.
Long
by VieVent
GRT/BTC - Consolidating, approaching trend one. ENGraph is coming up to a point that I would consider to be an area of great value. This spot hits 2 areas, a long term trendline established when GRT hit its all time low, and the Fibonacci Retracement level of 50%. The retrace, having previously bounced off the 61.8% line, sets up GRT for a percect bull run up to the next level. However, as selling pressure mounted, we are experiencing a longer consolidation, which GRT has shown a pattern of doing. This works in favor of GRT, as long as the trendlines hold. It builds a stronger support base, as GRT has seen some huge gains. Without support, we could easily see the price fall fast. In my eyes, the first trendline may become invalidated, as he head down towards the 61.8% zone again, expecting some consolidation there. However, keep in mind that we are very close to an Alt Season that we have not really seen yet, with coins like LTC, REP, ETH, etc waiting their turn while the newer cheaper coins have their Altseason first. Remember, this time difference is the whole reason we can aspire to make money off Altseason. Follow the flow of money, and don't forget to sell!
by Shwayze
15
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
by PalenTrade
2
GRT/BTC = A 600% Gain of Bitcoin!If you happened to be one of the very few people that caught the chart since early GRT, many people have said GRT would not make it over $1. It might have been 1 person, I forget. But either way, I bet it is on your radar now. GRT has a consolidation happening after last big move, of GRT/BTC. The goal here is to end up with more Bitcoin, and we are shooting for 1000%. As long as the bottom trend does not break, we should remain bullish for now. A correction WILL come, but hopefully not yet. I did take a little profit, as 600% bitcoin is a GREAT WEEK!!! Lets see what happens here.
Long
by Shwayze
20