GRTUSD.P trade ideas
Strong support$GRT has been holding this support level well. S/R flip upwards towards $1.85 will be the start of an uptrend. This falls on Bitcoin, but I think we should see a strong move up soon.
$GRTUSD - Wait for a breakout and go longHello everyone!
GRT is keeping near the lower edge of the symmetrical which is not a good sign for a token which wants to gain value.
Nevertheless, since there could be a strong volatility these days, I'm guessing that GRT will break below the triangle and from the nearest supports (see chart) will bounce back towards new highs.
The best point to keep in mind in all chart pattern trades is wait for a breakout, the best of the best is wait for a breakout and retest, so wait for a signal and perform the necessary trade.
I am GRT- action incomingThat's as far as I'm going to predict. Something will happen at some point in time, I can say with confidence!
Seriously though, This looks like a pretty strong structure. It looks to me like it will retest support, and if support holds I THINK it will get a good bounce because it's breaking the triangle right around where that lower trend comes into play.
Update on The GRT Buy Potential 70% Gain back to ATHScript Buy signal triggered 02/03/21, 13 EMA crossing up 50 SMA signalling strong buy sentiment back in the market. The GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
*Update 03/03/21* The Graph did test the 200 SMA Again and has since triggered a strong BUY signal with the 13 EMA Crossing Up 50 SMA . New Fresh Highs Insight!!
Update 15/03/21
Currently The GRT is below the 200 SMA, we expect some downward pressure in the short term but expect the Bulls to be back in the market, If the 13 EMA crosses up this would be another strong buy signal back to the upside.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
GRT - The Graph Is Headed DownThe Graph!
Target 1: 0.9967 ---- 0.9452
I have laid out a projection based off current price action
My projection is based off a few factors including order block analysis
Once we reach the price zone I will re-analyze for the next move
The Graph like many other alt coins are preparing for their next bull run
Hope you are getting your bags ready!
GRT: Making a move?After a month long consolidation, GRT is setting up for a move. This coin doesn't always move with BTC, but if BTC make a move towards new price discovery, GRT, along with other alts will most likely make move towards the same direction. Since Feb 12th high, GRT is moving within a downward channel, making lower highs and lower lows. The March 12th low could be considered as a higher low and price is looking to setup for at least a local higher high. Here are a few things to consider to play the next setup.
1. RSI might be setting up for a bullish divergence with price making higher low and RSI making lower low. It is not confirmed yet, until there is a daily closure above 2.19.
2. ADX is getting picked up since March 8th bottom. DI plus is moving above DI minus. If DI plus moves above 20 and DI starts to pick up steam along with RSI regaining the EMA line, it could be a buy signal.
3. Bollinger bands are narrowing as price is trying to move above the middle line. If price regains support above the mid line and the outer bands start to expand, along with RSI and ADX/DI confirmation, it could be a really good buy signal.
4. Finally a break above the downward channel while the other indicators are signaling buy. If it happens with some volume support, GRT could be ready for its next explosive move.
GRT has been extremely volatile with massive jumps and dumps. If this starts to move along with the positive market direction, this asset could provide one of the highest ROIs in the short term. The conservative target would be to test the last prior high, but it will most like not stop there. We might see several hundred percent move just like the prior two breakouts. I will be watching closely.
GRT Target $2.00+I know this is a stretch but she's got some steam! GRT appears to have a bull flag formation on the 15 min chart at the time of posting.
GRT: Which Path Will it Take?Almost 1 month since the last major pump that hit around $2.90. Let's see which path GRT chooses to take next. Something needs to happen soon.
GRT - GReaT Week AheadThe past week, GRT has been holding nicely above the upwards 1/2 gann line using it as support. The MACD shows the decreasing momentum of this past correction, and the MACD line looks like it will cross over the signal line soon which will indicate the start of an upward trend. When GRT made a new ATH back in February, a week later it retested the ATH but it could not break above. This created a double top . I will be watching that level of key resistance to see if GRT can have a daily close above that line and then hold it as support because when it does, I predict GRT will have another massive run. However, if GRT has a daily candle close below the 1/2 gann line, I will expect more movement to the downside.
I wish you all prosperous and happy trading!!:)
GRT Moonin 🚀 Previous chart looking similar to now, if the same pattern forms look out 👀
looking at $5+ with a healthy retracement for a big run so if you're day trading set stop losses at $3.22, watch out for whales trying to dip it just below stop losses, heavy volume for big movements/suppression, HODL for a month+ at this point an almost guaranteed gains of 50%+
🙌 Crypto Fam
NOT FINANCIAL ADVICE 🙄
UPDATE for GRT. Bulls held the 0.2 FIB!Yesterday i came out with some TA talking about how we saw a 10% drop for GRT and how the bulls needed to hold the 0.2 FIB level, and they did exactly that we are seeing a very nice recovery as of right now, the most ideal situation would be to push higher and close above the 0.3 FIB, unlikely for today but i believe we will see a good close and then push forward in the coming days breaking through the 0.3 FIB. We see the Stoch RSI is right about in oversold territory and i expect it to come back up soon. ichimoku cloud continuing with support and our EMA ribbons are pushing up with bullish momentum! If you bought the dip yesterday you are already in profits! NFA just my opinion.
TheGrapg GRT Going $34 soon BIGLONGConservative Target here, I think its very likely for thegraph to hit $200 here verrry soon. but. Just to be conservative I will sell 50% at 34
GRTUSD update to last videoHats off to @jeremy_bearimy for suggesting a redraw the top side of last week's rather slap-happy triangle, incorporating the "breakout" to its inside. This now extends the triangle along the trend line by several days and hopefully will give people more time to DCA. ;)
GRTUSD trending upwards & showing potential triangle breakoutThe graph appears to have broken out of its symmetrical triangle and be in the process of bouncing off a retest. Extending from the base of the triangle to the beginning of this young chart produces an ascending trend line giving support. The chart structure now shows key support and resistance levels, with the next upwards target at $2.20, although $2 may also come into play as a key psychological level.
GRT bulls got to hold this level We saw aprx. 10% drop today for the graph which provided a decent buying opportunity and we held and closed our daily candle above the 0.2 FIB level shown by the 2nd most recent candle. now we will see if the bulls can hold this level going into tomorrows daily close. We still also have support from the ichimoku cloud going sideways. If we were to close below the 0.2 level there is a chance we could see a pullback to the 0 FIB, i doubt we will and if we do i imagine it'll get bought up very quick and then we could start to see a climb back up. NFA just my opinion.
GRT UPDATE : REBOUND AT 1.4$Hi,
little update fromlast idea on GRT, we have touched SL at 1.65$.
Next rebound at 1.45$. Target still same.
GRT - adjusted triangleI've seen a few different interpretations of the "giant triangle" depending on where you draw the lines, what timeframe, to use wicks or not to use wicks, etc. This slightly adjusted version from my last chart is what seems to be playing out... The good news is i think we hit rock bottom, and have nowhere to go but up. There is no logical reason for the sell-off in my mind, except maybe to push the price down for a big purchase... yeah, let's go with that. Still holding... and will continue to hold.
GRT ready to move TP $4-$5Chart says it all, bull trap under the support. I see GRT going well past $3, orders placed accordingly on coinbase order book from 3->4 dollar range. Buy now or watch. GL, NFA, DYOR
