GRTUSD trade ideas
Looking for buy positions on GRTUSD (Feedback wanted)GRT has had a lot of attention especially since being listed on Coinbase. The reason why I am into this Crypto is that it is supposed to be equivalent to Blockchain's google for its indexing utility. As the chart illustrates I have marked out some simple supply and demand areas on the way back to ATH. Trade is invalidated if the low is broken from recent demand area of $0.33 cents . Next area of interest would be $0.26 cents.
First entry - $0.39 cents
Disclamer: I am not a financial advisor, trading any financial instrument comes with risk of losing capital. Past profits does not guarantee future gains.
GRT is falling back to its levelGRT is slowly forming a rising wedge pattern.
Signal confirm: Volume divergent, MACD lines close, RSI can't pass through 50% resistance
The rising wedge pattern is still early but forming. It will break down after moving up and down some more time. You can wait for more to confirm
I would make a buy limit at 0.34, and get a short position selling right now or at 0.445
Pay close attention to BTC
GRT/USD Possible play for the coming weeAs GRT continues trading with a high-volume on exchanges it is still a trader's favorite in this month. We are currently retracing from the bounce from .32 to .49. This could be the beginning of a new trend upwards.
The current retracement from .49 to .39ish has created a possible bull flag. If this is true we should be testing the highs of .49/.50 again.
The resistance at .50 is pretty strong, I see us hitting it within the next few days or so and then retracing back to .45 before making our way into .50s -- .60s levels.
All this depends if the bull flag at .38 - .40 is true.
We should have an answer within the next 24h-48h.
Bullish flag pattern pushing to 0.5 againExpect to be bullish in a couple of hours.
Target 0.5
Confirmation buy at 0.432
Stop loss: 0.348
GRT The Graph - Where to now? GRT - fairly new token/coin whatever this thing is but it is still within our play zone and is acting as expected. Seems like it moves in wedges. If you notice on the chart, each falling wedge looses its steepness with time and slowly starts pointing up. I have no clue what GRT does or what macro theme it has behind it so this is purely a momentum play for me. If this 4th falling wedge plays out like expected then we can "hope" for a relief rally to .60. All of these are just shit coins to me so if you expect moon and if you are a long term holder - May the 4th (wedge) be with you.
Good luck and Happy Sunday!
PS Do not trade based on pajama pants analysis that you see on TradingView. This is purely for viewing pleasure ONLY
GRT ideasIt's looking like were in a complex consolidation. The questions is, where is the bottom? A few areas of support to look at.
Build some positions on these support.
GRT - DECISION TIME - 18:00 UTC I see GRT breaking out by 18:00 UTC, but the most important thing for you to consider is, THIS IS MY FIRST PUBLISHED CHART...
LET'S GO!!!!
Brett
GRT retesting;hey guys looks like GRT is retesting , if you haven't made the buy already , i would defff watch this area for a buyzone before our next stop . if you have been following with me , i would deff hold this is a pit stop on the road to .90
thanks guys , i apprieciate everything , keep sending your questions and comments , its no problem to help .
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ROAD TO .90 ( GRT ) TP 1 smashedhey guys , if you have been watching and following you see tp one is smashed , looks like its loading up , before another stop around previous HIGH at around .70 thru .80 area .
i wanted to say thanks for all the love and if you guys have any questions just comment or send me a message , any and all questions are welcome .
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It'll shoot up again. My target is 5.0A new pattern emerge when it broke the falling wedge pattern. New target 5.0 in a couple of hours
GRT/USD Projection to $1 GRT play to $1! I'm currently buying the dips. I think the next one will be around 0.65!
Lets make sense of what has been going on in GRTSo, as we can see and as I had tried to analyze in my previous ideas, it did break out of the channel, but we did NOT get as good a boost as one would hope.
In this idea, what I want to do is go over the possible scenario that might make sense for what has been going on with GRT in the past 2-3 days!
What I have come to realize is that I might have been trying to mash all the data into a single channel, rather than making sense of the bigger picture. After zooming out a bit, I realized that we might have two channels rather than one channel. With that, I was able to make sense of the move that we just saw and the resistance that we are facing right now!
Please like the post if you think it makes sense, and feel free to drop a comment to share your thoughts.
-Tushar
GRT Set up Looks like GRT loves to move in wedges. Each wedge breakout is powerful and looks like we might see another wedge formation before another MAGA breakout. Not much data to analyze so just speculation. It also seems like a lot of Ripplers are jumping into this one and ditching XRP positions
Update on GRT ,ROAD TO .90 (BUYZONE)grt has left the buyzone , its on the road to .90 NEXT STOP around .48
if you follow me you know ive been doing alot of forecasts for GRT , give me a like if i should keep going with GRT ,
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thanks you guys
Hopium .... Big Play ?I think we will go down a bit more before rising. I'm hoping for .26 (bags will be filled to the max if we do), but hard to see us getting past .28. If we break out, I can see the hype taking us to around .45. Goodluck y'all!
Wyckoff Accumulation: Phases in 30min time frameIn 30min time frame, phases become clear. I assume we're currently in phase C
GRT currently trading in Wyckoff accumulation zoneGRT currently trading in Wyckoff accumulation zone. Fibonacci suggests short term upside move to .48-.52 cents
Downward channel still holdingIt did not break the channel at $.40 support I was hoping, but the downward channel is still holding. if we do not cross the channel in the near term, we might have to wait for $.30, $.25 support to help push the price
The Graph ( GRT ) is ON THE CLIMBGRT has fell and stayed around my strong support area , looks like its building its momentum to make its move to around .50 area
this is def a strong buy zone
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