GRTUSD trade ideas
GRT: Structure is importantThis consolidation of GRT feels like dead money. Every time there is a breakout move, somehow it is getting squandered and back to where it started. But in the grand scheme of things, creating a solid market structure is very important for the long term health of the asset. In the last market cycle, most coins would hit the ground running and pump up 100x in a matter of days and then crash 99% over the following few weeks. The ones with good fundamentals created a market structure despite those terrible loss of value and and slowly but surely caught up to the highs again. The scam ones never saw another higher high till this date. The newer breeds of coins are acting somewhat more mature in the current market cycle. GRT for instance, has already experienced 50% to 70% dumps, but has recovered in a very structured manner in my opinion. This time also, it is creating a solid market structure about 30% below the all time high and grinding its way up to challenge the highs again. 30% range consolidation in crypto market is not that crazy and it is exactly the reason the market attracts all kinds of traders. Volatility is a trader's dream after all. The point is, the ebbs and flows of the structure of GRT provided a pool of opportunities; despite not having to move much. At the same time, the structure it is creating right now will provide major support in the coming days when market will eventually see a top. I would take an asset like this over something just goes up without any pullbacks, only to experience the rug getting pulled from under the feet. So, buckle up and enjoy the ride. I think the next moves are coming sooner than later and we will all be rich if we are just patient and proceed with a plan.
Little bit of TA to go with the thoughts :
1. Need to see a break above $1.95, get some support to make a move to the next step to about $2.4
2. Price might swipe daily 10 EMA one more time to make the move up again
3. Price is now above all major EMA support and the space between the lines are spreading. Usually a bullish momentum sign
4. $1.6 is still the major support. A daily close below will change the bullish narrative
5. DI plus on the daily is sitting pretty above 20 line. ADX line is picking up pace. If ADX move above 20 with DI plus stays above 20, it could mean some explosive moves again
GRT close to breakout - 85% gain ahead?Well hellooooo - its been long a time (we shouldn't have left ya)
GRT is in a great posture for a classic ALT coin breakout. Its has now cooled off after a major breakout some time ago - and with everything going on in the market and bitcoin's signaling more upside GRT shows promise. Its silence before the storm. And the storm is near - this trade can have MASSIVE upside with little risk (8:1)
Targets 3.5 USD with a crazy 85% gain.
DYOR
Best
^^
GRTUSD 8$ !!GRTUSD
Daily Time Frame.
Looking at breaking 2$ to buy and hold.
Again 2$ is the price we need to see a break and close above this level.
Targets are :
3$-4$-8$
Regards
GRT: Is the move for real this time?A couple of weeks back GRT was setting up for a major move which got spoiled by the market drop. Well, it is setting up once again. Looking pretty good as long as the market stays stable. If BTC keeps the boring sideways posturing for a few more days, it's going to be party time for Alts. Some might say the party already started with major Alts already making big moves.
For now,
1. GRT is getting a channel break to the upside with
2. 10 day EMA crossing over 21 day EMA,
3. along with DI Plus going into dominant region, with
4. ADX getting picked up.
All pretty solid setup. I would expect a short pullback in the next few days, maybe some stop hunting on the exchanges. If $1.6 level holds, specially if price doesn't break $1.3 level, then I would expect strong moves to challenge the last all time high and potentially to $4 to $5. If $1.3 breaks, then it would look like a major fake out and back to descending triangle pattern and potentially a serious crash. Let's see how it plays out. I will be biased towards the upside until I see signs otherwise.
Made a bet GRT rides up the inside of the red ellipse...But could just as easily ride quickly down one of the other ellipses. Waiting to see...
GRT Price Can Go Down Below The Major Support Of $1.5The weekly technical chart of The Graph showcases a consolidated momentum. On coming to 4hr cart, GRT price is below 100 and 50 Moving average. The 100 MA(Red) line is at $1.16, making it temporary support for the coin. Resistance for the coin on going upside is at $1.8. While on the downside, the coin can see a bounceback from $1.There is a formation of bearish engulfing pattern on the chart If the price goes 10% below the support ,then a new low upto $0.7 can be formed.THETA/BTC pair is currently performing negatively and can break the previous support zone.
Kindly comment your thoughts below
GRT/USD: Accumulate / Add on breakoutplaying this one a little early but ALTS looks bullish AF across the board and this one is lagging (albeit after a monster run up in Feb)..will accumulate and add more on a breakout.
GRT to $4. Keep and eye and Don't Miss this great Opportunity!Looking at GRT, the potential to the upside could definitely be very soon. Don't miss this opportunity guys. I will add more info soon. Cheers!
GRT againcomplex inverse h&S like a lot of these scoins. i like divergences on both oscillators in this case though. as well as the double bottom prior for extra confirmation that the bottom is in. same plan as the other 2 i listed today
GRT/USD - 10k position | BULL FLAGHey all,
This is just my take on GRT & current sentiment. After we saw a slight spike in BTC & ETH and it still being stuck in a consolidation pattern for now that could help alts finish their patterns out. I would love to see GRT onda around 2.00 and hold above it for a day or so then continue through making new highs. It would be great if GRT goes to $2 organically then follow through along with the market as I see BTC heading to 65k plus in April. If we for some reason moon shoot to $2 plus here I’ll update but for now here is the bull flag and first target is $2.
Updates following soon
GRT: Alternating corrective waves 2 and 4. Wave 5 up startingOne of the guidelines for waves 2 and 4 of Elliott Waves is that they are often alternating in form. If one is sharp, the other is often flat. You can can see wave 2 for GRT was a sharp zigzag. Wave 4 has been flat and lasted longer than I expected. The consolidation looks to be over with an impulse wave to kick off wave 5. The crypto market looks healthy with altcoin leader ETH recently breaking resistance. Buckle up!
GRT looks bullish on the daily log chartGRTUSD already broke out of the corrective structure and retested the upper boundary. It looks like we’re ready for another strong impulse up.
GRT LONG IDEAIt's alt season, so expect fundamentally strong alts to perform exceptionally well.
GRT is one of those and will be integrated in the entire crypto ecosystem just as much as chainlink is
Dubbed the Google for blockchain, it's already processing billions of transactions. This is my swing trade setup
Buy zones are outlined as below
SL: $1.68
TP zones as outlined
I'm excited for this one, let's see
GRT The Graph - Target close to $8I like this coin for its fundamentals.
The above idea shows a possible breakout over the next month.
Not investment advice.
GRT Cup and HandleFirst of all, congrats to you all who are realizing gains from today's (ongoing) pump! This may be obvious, and its not like things aren't already moving up, but just wanted to point out this beautiful Cup and Handle formation on the 15 min chart. The target approx. $2.07, with some resistance in between. Marked on the chart for your consideration. What do you think?
