BULLISH GRTI am currently very bullish on GRT as it looks like its just about to begin its weekly climb to 3.50. Nice symmetrical triangle on declining volume and its a weekly formation. The close tonight should begin our ascent.
GRTUSD.P trade ideas
$GRT weekly very close to breaking out$GRT has been off my radar for most of the year since I sold the last of my trade during the February run up but it's starting to show signs of life here.
Touching the long term downtrend line on price and the RSI has (for now) broken its downtrend line as well. MACD histogram is also rising.
Firm break of the ~1.00 zone then last resistance around ~1.10 should send this bad boy back up to 1.60+
GRT: Ascending TriangleOn 9/7, GRT fell about 34% from the local high of $1.07.
Currently, GRT looks to be forming an ascending triangle between $.70 - $.90. Watch for a potential breakout of this pattern. If the lower trend line fails, it could revisit the .236 fib area again.
This is not financial advice. These are just my ideas and opinions.
The Graph ($GRT) is Set to Make New All Time HighsThe Graph ($GRT) has broken the declining trend from all time highs. Bullish diagonal patterns breaking out from highs usually result in an uptrend especially when other factors are in play like a bullish crypto environment. Watch for some weak resistance at $1.08 and $1.3; once we smash through those levels the fomo will be real. I humbly believe this is a great time to add to your $GRT stack. GLTA, NFA.
MY MINIMALIST ANALYSIS OF THE GRAPH$GRT
10.22.21 1114H +8 SINGAPORE
ALERT: MARKED ENTRIES and EXITS FOR A SWING TRADE
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY), though you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators.
Price action, candlestick /bars, and FIBS alone will be sufficient as a major deciding factor for this MINIMALIST CHART.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
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GRT 10x move incoming?Could the Graph be setting up for a massive move?
GRT has been consolidating since February and has formed this massive triangle.
A breakout from here has targets past $10. It has yet to retest it's all time high which would also move us to $3.
Still relatively small market cap. Important use case and has massive potential as a blockchain indexer.
Cautious value trade - GRT Was going to wait for a dump in BTC to get in below 0.50, but I'm thinking a nice pump could happen over the weekend and I don't want to miss it. I've been tracking GRT for a while and this feels like value. I have a tight stop loss and if it doesn't happen I'll keep waiting. I was there the first time it went from $0.76 to $ 2.50 and I think it can happen again.... We'll see what happens Monday with BTC.
First post.... haha
GRT/USD Price Movement and PredictionAs you can see on the 1D chart GRT seems to be trading in an accumulation channel which indicates that the institutions are stocking up. The price may move to as low as $0.27 to pick up any loose tokens from the sellers before making new highs. We also see huge buying volumes at the bottom of the channel at about 0.45 to 0.50.
$GRT the long wayInvesting comes with considerable risk. This is not investment advice, and this should be used for educational purposes ONLY.
$GRT looks like it held the trendline to complete a wave 2 correction (orange line on chart). Looks like we are gearing up for a larger possible wave 3. EW PTs on chart.
