GRTUSD trade ideas
I am GRT - looking for feedbackHey, so I think I found a strong channel and I'm looking for feedback. Common sense (and studying smarter people's charts) tells me that if it breaks out of this support structure today, which it looks like it's gonna do, it will probably (maybe) maintain that general trajectory.
I think we'll see 5.00 within three weeks, but that is the foolish dream of a naive man-child.
Please be brutally honest! I can handle it.
GRT NEXT TARGET $2.44Hi everyone,
As Btc holding strong we are seeing the nice effects of it on GRT. It was a scary moment last night with BTC but seems like we are good now. Here I am publishing the new support and resistance levels. We do have a strong resistance at $2.20 but I think with the growing volume behind us we will pass it and reach our new target $.2.44 -$2.45
Who is excited for this upward movement?
Thanks
Burak
Started to look bearish?hi everyone,
GRT chart is looking good. I updated the new support and resistance levels. However if bitcoin loses its momentum and starts to go down we might see a big dump tonight. make sure to put stop loss. it doesn't mean it will happen but be cautious. Just wanted to give everyone update. I am watching it carefully. lets keep our finger cross and hope that BTC holds strong
thank you
Burak
GRT UPDATEHi everyone,
As we predicted before we are keep setting up higher highs and higher lows. We touched $2.18 and pull back and found good support at $2.03 - $2.07 before continuing to new highs this might be our new support. perfect set up for scalping.
Happy Trading
GRT: Signals for BreakoutPer the chart, for me to be convinced that a breakout/reversal is occurring, I'd like to see full candle closes above the symmetrical triangle and a cross on the daily MACD. We can see things are slowly moving up, but still in consolidation. I'm expecting movement within about a week.
Graph $GRT - swing tradeGood EMA/MAs setup on 4H. Many bounces across the board, should move sooner than later now post a micro correction.
The Graph new ATH soon?Good morning guys!
Today I am focusing on $GRT. The Graph is a decentralized query protocol designed for blockchains, built on Ethereum. To make it simple for you, The Graph acts as a search engine for blockchain transitions meaning you don’t have to go to a website to read a whole page to get the information you want. This project is currently sitting on a 2 bil mcap. TVL is around 20bil mcap so this coin has still a lot room to grow, since it is a Microsoft provided project I’ll count it as a bluechip for myself. All in all, there are big names behind this one.
Now some insight in technical analysis:
Here you can see GRTUSD on the daily bar chart from FTX. While this project is being listed back in december 2020, there is not much price history to consider. Not forgetting the plain fact that we are currently in price discovery mode. So far to some basic fundamentals. Basically you can see a classical cup and handle pattern right on before it’s breakout and potential retest before leaving this beautiful bullish triangle. We visited nearly every potential fib level and GRT consolidates around the psychological 0.5 area. MACD validates this with a potential bullish crossover coming in the next few days. By the way, a lot of altcoins are forming this kind of bullish strength on the daily, which means we are about to face some great pumps above them all.
This is me for today. Given chances have to be taken. This is not financial advice.
Cheers!
GRT Breakout of bull flagThe graph has broke out of our prolonged bull flag! Looks very bullish as we have broken the top of flag resistance resistance, Ichimoku cloud has been printing support and is starting to point up, along with our EMA ribbons! Stoch RSI coming out of oversold areas and coming up! i expect us to head up for now although, we have 3 heavy resistance levels we must break before going back up to our ATH, I expect us to break through those levels but we could see a couple rejections and some accumulation along the way! NFA just my opinion
The Graph - Descending TriangleIDK anything, not investment advice but this looks nice :). Can easily go for $3.
GRT has been accumulating at .618 but could break out soonGRTUSD retraced down to the golden pocket and has been ranging sideways for a while and has provided a great opportunity to accumulate. Does a symmetrical triangle suggest an imminent breakout?
Coiling upWe've seen several touches on the top of the decending resistance line, as well as at the bottom of a horizontal support line. We'll coil into this pattern for a bit unless BTC has a major breakout and we follow suit. I could see GRT hitting $3 shortly.
This is not financial advice.
bullish flag on GRT?obv everything depends on btc.
amateur hour here but what you think of this idea..not advice
lots of weird linesi am expecting a breakout to the upside by the 20th of this month... so two weeks away, at the latest... I do like the consolidation... a very odd price for a coin to consolidate at... have to think this will be training much higher soon...
GRT UPDATEHi everyone,
Its been an interesting weekend. Whales are doing opposite of expectations. Sundays are usually dump days but today doesn't look like one. We are still looking bullish with BTC holding stable. Histogram red bars are getting smaller which is a good sign for us. Looks like bears are losing control. Lets keep our fingers crossed that BTC stays stable. Monday we should see more movement and confirm the bullish signals better
Thank you and happy trading
Burak
