GRTUSD.P trade ideas
Its the Crypto Google - Buy the Dip!So glad it is coming back down. Sold that last rally, but I want more. Two entry points circled.
The Graph (GRT) - Easy x2 and more.GRT is prepared for another leg up soon.
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Easy money: $3.5
Target 2: $5.0
Target 3: ($10?)
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The Graph is an indexing protocol for organizing blockchain data. Project has strong fundaments. It is already x25 since it appeared on Coinbase, but still has a room to grow. Buy the dip, still not late to catch a train. If bullmarket remains GRT will be one of the most promising project of 2021.
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CEX: Coinbase, Binance, Kraken and others
DEX: Uniswap, 1inch and others
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Always do your own research.
This is not financial advice.
Enjoy!
GRT UPDATEHi everyone,
Btc has finally hit 50k and dominance of Btc is trending downward which is great news for alt coins as alt coin dominance is climbing up. I don't expect a lot of actions today however we might see Grt makes move upwards and set higher lows.
Thank you
Burak
GRT - buy the dip. $5 price target expected in the next few months. $10+ expected by end of 2021. This is the dip to buy.
GRTUSD UPDATE!GRTUSD
Two possible targets:
ALT Bat Pattern
Regular Bat Pattern.
We need to break $2.34 to send this up.
GRT possible scenariosGRT retraced and almost touched the .5 fib retracement level, I am still keeping the possibility of price action moving down into the 1.60s once more to hit liquidation levels before blowing up.
the Lion the Witch and the Graph doing sh*tHa-ha, what a funny title!
Jokes aside, what's your opinion on this growth?
Market cap is kinda good and this coin is popular so I can't see why this couldn't happen, right?
Comment your thoughts about this!
$GRT forming symmetrical triangle$GRT is forming a bullish pennant. If it breaks upwards to the 100 for 5% gain then it should dip a bit to retest and then shoot up to the 1618 again for a 23% gain.
GRT/USD Strong Support / Resistance in $2.25 - $2.45 RangeAfter a painful night, we're back at the $2.25 to $2.45 support / resistance range from yesterday. I think we'll continue trending up to new ATH early this week as BTC continues its push to $50k. Welcome thoughts and feedback.
Potential for The Graph GRT to climb 150%Breakout from the high and tight flag pattern appeared to happen, but then the price has dropped - but not lower than the start of the flag pole, so the potential is still there for the graph to climb higher. One worth watching.
Grt putting a show on barely any volumea better analysis tha my last one, finally broke out of the triangle as it has tried to before but let's see what happens
GRT BULLISH FLAGHi everyone
I know this dip made everyone's hearth jumped and those of us who has been in crypto for a long time got excited for this opportunity to buy more. We tested the bottom 2 time and both dips bought up very quickly.
We have a bullish flag pattern being formed as I am writing this.
The main thing to look for in this pattern is volume. Volume confirms major moves and the likely hood that a breakout will be successful. The second thing you have to look for is a defined descending trend line that you can watch as the point of breakout. This will be the top part of the flag
Bull flag patterns do have a statistical edge if traded correctly but in the event the set up fails you need to know where to get out. There are a couple of different ways to manage this trade. The most common is to place a stop below the consolidation area. The other way is to use the 20-day moving average as a stop. So if prices close below that moving average then you would close out your position.
Happy Trading
Burak
The Graph Reaching Possible 38% GainHere is an opportunity to go long with GRT/USD and fetch a potential 38% profit! Remember to wait for the support re-test after break-out and trade with a stop loss and keep your eyes on the target. And as always: patience, patience, patience. Follow me for more lucrative targets which I try to post regularly. In each trade, I count the Elliott Wave tops and bottoms and measure the profit extensions according to the chart patterns' highs and lows. When navigating the cryptospace, I personally like to use a solid 13/48 EMA crossover in conjunction with the MACD for double-confirmation. Safe trading to all!
GRT: Is the Correction Over?After GRT's massive pump, it went into a correction phase which has formed a descending triangle that touched twice around $2.15, which is usually more of a bearish signal. Support holds around $2.12. If support breaks in the next day or two, then we could fall to $1.80 or lower. If the bulls are strong enough, then we could pop back up to our next high.
GRT/USD BTC/USD Delayed Correlation I noticed that if you place the BTC/USD trend on top of GRT/USD there is a correlation with a delay. Just an observation.
GRT/USD Chart Update - Bullish Trend PredictionLooking at the 2H chart, we can see the potential for an end to the retracement phase after finding support around the $1.89 price range. The dotted lines indicate an updated prediction for the next bull run. Breaking resistance at $2.33 range and $2.90 range will be critical to continue the bullish trend longer term. If the trend continues, looking at $3.90 - $4.00 for next price target. I have no idea what I’m doing, follow my advice at your own peril.
Be careful chasing The Graph It's been a great week for The Graph. While I do think it will continue upward to complete the cup pattern, I suggest caution. Volume has started to pick up, however it's trending towards daily exhaustion. Current levels aren't huge accumulation zones so I would recommend either a short term play with an exit around the previous resistance zone of .80. Or if you are long this Ethereum token I would wait for this current upswing to play out and then wait for it to pull back and consolidate into a cup with handle. You could then consider jumping into the mid to high .30 zone which have generally held support and are significant accumulation zones.
The Graph Triangle Pattern (GRTUSD)The price can break out of the triangle upwards or downwards.
I will only open the long position after breakout, confirmation and an increase in volume.
Not financial advice, cheers ✌️💫🚀 .
