🔥 GRT Falling Wedge Break Out: Start Of Huge Move?Great news for GRT holders; the token has finally broken through a bearish resistance line that has been keeping the price in check since early 2021.
In my view, this can be the break out that bulls have been waiting for, making the 0.06$ area the definitive lows of the bear market.
Target placed at the November 2021 top.
GRTUSDT trade ideas
GRT target 0.251D time frame
-
GRT is breaking out the falling wedge structure, but this downtrend line is not standard due to many wicks. On higher time frame like 4h or 1D, GRT gain demand at 0.08 which is also the structural support, and face the resistance from downtrend line, if GRT can break it out with high volume, we can set target based on the wedge.
TP: 0.25~0.25
SL: 0.0745
GRT Buying Frenzy: Seize the Opportunity Now.2nd**Short Fundamental**
GRT is the native token of the Graph Network, a decentralized indexing protocol for Web3 data. The Graph Network makes it easy for developers to build decentralized applications (dApps) that can access and query data from a variety of sources, including blockchains, APIs, and off-chain data stores.
**Recent News**
* **The Graph Foundation announced a $100 million ecosystem fund to support the growth of the Graph Network.** The fund will be used to invest in projects that are building dApps on the Graph Network, as well as to support the development of new tools and infrastructure for the network.
* **The Graph Network launched a new version of its indexing protocol, called Graph Protocol 3.** Graph Protocol 3 includes a number of new features and improvements, such as support for subgraphs, which makes it easier for developers to build and deploy dApps on the network.
* **The Graph Network announced a partnership with Chainlink to integrate Chainlink's decentralized oracle network into the Graph Network.** This integration will allow developers to build dApps on the Graph Network that can access and query data from real-world sources, such as financial markets and weather data.
**Disclaimer**
This is not financial advice. Please do your own research before investing in any cryptocurrency.
GRT 30% tradeBINANCE:GRTUSDT
Possible Targets and explanation idea
➡️Local 4h fib waiting test of 27 zone to open long
➡️Bitcoin Dominance can move to 51-55% and alts will drop
➡️Nonfarm not so positive for risky assets
➡️Target 0.618 and 0.786
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
The grt currency is a buy signalHe came back well in support and now we have to hope for the defeat of the resistance
There is a block order at 0.1 and I expect it to go towards this block order
A liquidity and selling whale is also at the price of 0.085, which can delay the growth of the pump a bit.
But it can become a full target in one month
GRT/USDT possible scenarios what next? 👀 GRT Today Analysis💎 Paradisers, let's delve into GRTUSDT! It’s navigating between robust resistance and support, presenting two potential outcomes.
💎 Upon scrutinizing GRT, we’ve observed that it has recently encountered the daily resistance level, establishing a downward path. In this scenario, if the price surpasses 0.0902—indicating a recent low break a minor pullback is likely before initiating a continued downward journey to retest daily support.
💎 Alternatively, should it sustain its momentum and the buyers gain the upper hand over sellers, we hold a positive outlook that it will embark on a bullish continuation from the 0.0920 level. In either scenario, if you are contemplating a trade, employ an appropriate stop loss and trade judiciously.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Above 0.0872-0.0893: Short-term upward trend reversalHello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(GRTUSDT chart)
The key is whether it can rise above 0.1453.
(1W chart)
To do so, it is necessary to check whether the price can be maintained and rise above 0.0851.
(1D chart)
The key is whether the price can be maintained above 0.0872 and rise above the HA-High indicator.
Accordingly, we need to check whether it can receive support around 0.0872-0.0893 and rise to the 0.0970-0.1084 range.
Otherwise, if the HA-Low indicator falls below 0.0834 and shows resistance, it is expected to lead to a further decline, so you should think about a response plan.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
GRT/USDT Break Falling wedge, Bullish Momentum for The Graph💎 GRT has successfully broken out of its falling wedge pattern and the breakout has been confirmed. Currently, GRT is in the midst of an upward trajectory, having already completed its retesting phase and bounced off the support trendline.
💎 For further confirmation, it's crucial for GRT to break through the existing resistance area. If this occurs, it's likely that GRT will easily reach the bearish Order Block (OB) area or Target Price 2 (TP2). However, if the price faces rejection at the resistance and reverses, it may revisit the weekly OB area, providing an opportunity for additional accumulation.
💎 The bullish scenario would be invalidated if GRT's weekly candle closes below the weekly OB area.
GRT Buy TradeHere is My Study On GRT
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
GRT still looking bullish - Moon pending?GRT broke below our initial stoploss. If you followed the updates posted on the trade you would've seen that we did NOT in fact EXIT the trade at the SL and WE ARE STILL IN LONG. I've adjusted the SL since this and will update further.
The breakdown was weak and the 11c level has been tested three times since. We broke the downward trend line and have since confirmed it and looking to break the 11c mark. Once we do this we can look to be bullish for higher targets.