GRTGBP trade ideas
GRT Descending triangle- bullish reversal incoming.This GRT/ GPB trendline I'm confident is about to break to the upside. A descending triangle is often interpreted as a bearish pattern, however in this instance I believe its a reversal based on a strong horizontal support line about 3-4 weeks old.
I often trade this type of pattern- and this looks like a classic. GRT when it goes- goes like a whippet.
GRT Descending Triangle Reversal.I’m regularly looking at a break through to this descending trend line on the 2Hr ~Grt/ GPB or us . Descending triangle patterns often signify a bearish outlook however in this instance I present the notion of a reversal. A fairly strong historic support horizontaly from this area supports this idea.
If btc ranges slightly- GRT will be off like a whippet.