MACD 4HR Hidden bearish Divergence near top of Parallel ChannelLooking to target the potential bottom of the channel at the 0.786 retracement for profit taking
GRTUSD.P trade ideas
Are The Graph bears going into hibernation ?For a start I do not know much about the Graph but it had a parabolic thrust to it's ATH and a very messy looking correction which as the EW traders know will probably know, a messy W2 may make for a clean W4. But let's not count chickens before they hatch .
I do like this set up and I think this coin has long term potential , mainly because of the team working on this . "The Graph team includes professionals from the Ethereum Foundation, OpenZeppelin, Decentraland, Orchid, MuleSoft leading up to the IPO and acquisition by Salesforce, Puppet, Redhat and Barclays.
The initial co-founding team includes Yaniv Tal (project lead), Brandon Ramirez (research lead) and Jannis Pohlmann (tech lead).
The founders have engineering backgrounds and have worked together for 5-8 years. Tal and Ramirez studied electrical engineering at USC and worked together at MuleSoft, an API developer tools company that underwent an IPO and sold to SalesForce."
Would like to see more Bull volume about now , probably because I have a conflict of interest in that I have already purchased some holdings : ) .... Not trading advise , just a pre-amble analysis . We see the 25 stoch cross the lower level and I'm still bullish foe the macro trend . In fact , if we see The King of coins make a move , I think Eth, The Graph and others may launch as well . It could be a very busy week . Great time to do analysis before focusing on a portfolio of many coins .
GRT Intended Channel and Next Leg UpI believe we could see GRT trade sideways until the end of the month. I think between the blue lines was GRT's intended movement but when it went parabolic it broke too far out of that channel. Its movement over the last couple of weeks tells me that it could continue like this until one of three possibilities.
1: GRT moves up to $1.86 in the next day or 2 then falling back to its strongest support at $1.68 then breaking out of the flag to test $2.45 on March 27th returning to its intended channel.
2: GRT continues to trade sideways for the rest of the month and explodes to $2.55 on April Fools Day again returning to its intended channel
3: GRT RSI is so cooled off that by the end of the month it just explodes from boredom back out of its intended channel to $3.00-$3.20 which would mean another huge fall and log period of consolidation.
Personally I'd prefer healthy price action with less consolidation time and an eventual 200%-300% gain in less time than it would take to get that with a quick 100% gain explosion out of the intended channel again with another very long consolidation time following it.
GRT Looking great keeping an eye for key daily close!The graph is showing lots of life the past couple days and currently is looking great sitting in the 0.3 FIB level. Im looking for a very key daily close in aprx. 1 hour from now above the 0.3 we are currently at. In my mind this shows lots of strength and momentum to keep going up.The stoch RSI and the RSI are both looking great pointing up and the MACD is actually showing some real signs off flipping to bullish! GRT has been among the top market leaders the past couple days and i think we definitely can keep it up. Remember if BTC keeps showing some strength and heading up almost all the market will aswell. NFA just my opinion!
GRT: Are we Breaking Out?Due to the Bitcoin dump last week, GRT has been hovering between $1.30 - $1.60. RSI levels hit a record low for GRT, almost approaching oversold territory.
What needs to happen to confirm a breakout and reversal?
Bitcoin needs to hold up next week and not dump again back to $50K
GRT would need a few solid candle closes on the daily at the .382 fib level (at minimum)
MACD on the 1D chart needs a cross upward
I think April and May will be good months for crypto. March has historically been red in the past (especially in 2020). Of course, we will always see corrections, but overall I think new all-time highs will be made these next couple months and will lead up to the final mania phase of this bull run.
This is not financial advice. These are just my ideas and opinions.
GRT looking like it's ready to pop2 scenarios
What has happened and what is happening
Breakout or another Fakeout?
The fake breakout is particularly interesting.
$GRT AB=CD price target I think GRT is a good candidate for an ABC or AB=CD, which is just 1 leg higher a consolidation and then another leg higher of equal length. Descending triangle seems to be mature enough with 3 tops and 2 bottoms defining the structure, today's strength combined with the last 2 days also gives me confidence that GRT is much more likely to breakout here than to continue to consolidate.
***I am long GRT***
GRT breakoutQuick update. Things are looking up for GRT. We have broken above the triangle, but need to confirm on a bigger time-frame. We have some previous resistances to break through, but my short-term goal would be $2.90 (next few days) if we can stay up above the triangle today. The important thing to note here is that we are most definitely not going down to $1.00, IMHO, lol.
The Graph - Wave count and projectionThis project is as essential to the blockchain ecosystem as Chainlink is. It's beatifull price chart is giving out an oportunity to anyone who wants to take it.
GRTUSD LONGGRT did a pullback to 618 and rejected nicely. Expecting it to pump to -68 extension when altseason starts. (we are still in bitcoin season FYI)
The Graph ( GRT ) is ON THE CLIMBHey guys i know i haven't posted in a while , but GRT profits sent me on a almost 2 month vacation lol , i am so sorry for the lack of work though honestly . but i will be lauching new things SUMMER '21 , just stay with me guys . i appreciate the love .
but back to GRT , so i have been looking for a good buyzone , annd i think i may have found a beautiful one , since GRT has hit the ATH , it has had alot of fake pumps and i even got caught at one at 1.75 , but this buyzone here is looking very good . it is confirming almost everyone of my indications , it has even confirmed the drop down the $1.38 area , now its starting to make a little $0.04 move upwards , i had to make a post to give you guys a quick entry on profits . lmk what you guys think in the comments , please remember guys ALL comments are welcome , i love to answer any questions as well just tALK ABOUT GRT OR OTHERS , don't forget to follow me for more , my vacation is over so you guys can expect alot more work in profits coming . im going to take from now til sunday night to look deeply into everything and research weeks back . i will make sure monday we are up and running fully . thanks again guys
Crucial Level For GRT to hold!GRT has been dumping for awhile now but i do believe some of this is due to market conditions as of right now, we are looking to hold the 0 FIB for the second day in a row and i think we definitely can. we have lots of room for a runup to the 0.2 FIB ultimately creating new support on the way up. If we do breakthrough the zero fib and drop we are looking at weak supports at the 1.06$ mark and 0.87$ (USD) i think we are going to really count on BTC reversing in the short term to start seeing some upwards action. we see our Stoch Rsi is just going sideways in the oversold zone. I expect April is going to be a lot better for the markets as March is one of the most "bearish" months. Not financial advice just my opinion!
GRT: Is it "Dead"?Okay guys, here's the deal with GRT since I see a lot of people scared, worried, and are at the point where they think "it's over. it's dead".
I've been in the crypto space since 2017, and I've seen plenty of things play out over the years. I've owned GRT since day 1 on the major exchanges when it was at 10 cents.
There are a couple things that people need to understand in the market:
1) Bitcoin is in charge. If Bitcoin dumps, most of the market dumps with it.
2) When a coin has a HUGE pump and is highly overbought (look at February 12), there is going to be a long cool down period. I've listed this on the chart.
3) Volume is low lately (see the shaded rectangle). Once volume picks up again, momentum will also pick up.
4) The RSI is heading down towards oversold territory. What happens when a coin is oversold? It'll slingshot back up. It happens ALL THE TIME with many coins.
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Here's the big picture:
GRT still has plenty of time to grow. In the future, people will have wished that they could buy GRT at $1.50.
When a coin is "dead" or "done forever" or a "failure", THAT is when I buy. Just wait for the rocket to refuel and enjoy the ride.
Crypto Market & GRTUSD Technical Analysis & Predictions 3/24/21*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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GRTUSD long overdue ! to $4 we go !GRTUSD long overdue , we can see a pattern repeating , in the beginning of coinbase listing GRT had a surge , due to BTC pumping hard then dumping hard GRT had a major correction..
when things stabilised we saw that GRT sneaked and broke out of the triangle after alot fo pressure !
same recently GRT was breaking out , due to BTC dumping 3 to 4 times now , GRT had a lot of pressure down , again the triangle was forming , we can see a clear breakout pattern !
NEXT target if we manage to break the first 2 major resistances is : $3.6 ( with the hype could reach $3.8 ~ $4 ) .
First major resistance is around $2 .
Second major resistance is around $2.40 .
once those 2 are broken , $2.8 is just a matter of Hype / Time , then $4 we go !
but again all depends on the market status , BTC has to behave and take a breather !!
Good luck everyone , GRT is such a great project that i am super bullish on !
GRT looks to be finding a bottom before moving up in....GRT looks to be finding a bottom before moving up in April.
This is a hunch and not financial advice.
The Graph (GRT) - BULLISH STOCH RSI cross! Target: $16Everything you need to know is in this chart. When the Stochastic RSI has a Bullish cross, GRT rose between 100-500% quickly! Expect to see the same results in the near future. To predict the future, we must look into the past trends. RSI is also at a historic low (Oversold!, another bullish indicator!)
Trade with confidence and with indicators to mitigate risk. This market is going to be MASSIVE. Be prepared for huge moves, but in the end, only people with no emotions will win this game. 90% will lose.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffet.
GRTUSD primed and ready to go GRT has been having a lot of trouble lately but it has been gassing up for along ride. It touched the trend line 3 times and I believe the 4th time (labeled in purple) is where we take off. We have a couple key resistance areas but measured move out of this would put us above $3. This will only work if we break out to the top of the trend line and BTC plays nice. Good luck and happy trades. This is not trading advice
