GRTUSDT trade ideas
GRTUSD ❕ trading in rangeThe volatility of trades decreased as did the volumes.
Price has fixed above 50EMA (4H TF).
I believe that GRT can start bouncing after it overcomes the upper boundary of the range.
GRTUSDT is inside a PennantGRTUSDT is creating a pennant below the 4-hour resistance level, following a previous bull run.
A pennant is a technical chart pattern that is formed when the price moves within converging trendlines, forming a symmetrical triangle shape. The pattern is characterized by a sharp price move in either direction, followed by a consolidation phase where the price forms lower highs and higher lows. The pennant pattern typically indicates a continuation of the previous trend, which in this case was a bullish trend.
In this scenario, the market is consolidating after a strong bullish run, which could indicate that the market is gathering new liquidity. The previous support level at the 0.15$ area could act as a source of liquidity, as traders who missed the previous bull run may be looking to buy at a lower price.
To apply Plancton's Rules in this scenario, traders should wait for the breakout from the current resistance level to be confirmed before opening a new long position. This means waiting for the price to break through the upper trendline of the pennant and establish new support.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Graph gains 30%GRT is preparing for breakout short-term trend line.
After breakout it can reach $0.23.
It can rise to $0.5 in second step.
GRT forming further bullish convergence and higher lowLooking at the 4HR chart again, looking like bullish convergence! Love the higher low and RSI keeping above 40+.
Fib channels extension $GRTUSDTBINANCE:GRTUSDT
GRTUSDT in fib channels
many many fibs in many color and thickness
THE GRAPH/GRTUSD
Not FOMOING anymore, we wait until this Pump goes back. Not a financial Advice.
Spot traders DCA is the key here!..
GRT huge bullish pennant in the beginning of a macro bull cycleI'll update the idea later with more detailes. The nmain elements are written on the image. The stop-loss and take-profit zones are also there.
GRTUSDT BullishAs per the chart GRTUSDT is looking bullish after breaking and retesting the resistance looks like GRT is on fire
DYOR
GRTUSD BullishGRT The Graph has very strong uptrend, SL zone is $0.1384 TP 0.3225 risk reward 1/5. All indicators and price action shows that big players entered long ...
$GRT - shine up broHello my Fellow TraderZ,
Let the TL and the Resistance line break and then long but take the trade with tight SL.
Happy Trading CHEERS!!!
GRT Full FibLegat de visul meu cu GRT la $7
Nu mi se mai pare atat de departe.
Chestiune de timp si rabdare.
GRT Short trade position GRT is in a bullish channel,
However it failed to break up trend line, which is also a very strong resistance level.retest has been done and confirmed.
I am taking a short position for swing trade. However scalpers can also take profit at 0.17 region.
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GRT - Correction may be over. Or Not.My primary count considers that the correction is not over yet.
Note that we have reached 50% pullback, so a pump from here is a possibility... just remember to manage your risks properly.
FTM - Short on LTFSee the chart for the trade...
the entry is a bit late for you guys... so all upto you
grtHigh resistance 4 hours
1-hour low support
Channel 15 minutes
If Midline is not supported, you can see low numbers
CUP AND HANDLE? Large move Potential good after news traders, lol The CPI was as predicted and BTC answered and we locked in 15% on the head and shoulders in the 1hr time frame on my previous idea.
Just pointing out a possible cup and handle forming in the 2hr time frame. if the resistance holds at 0.17 and we see a gradual decline we could be in for some nice longs.
I am looking for a pull back to the 0.1565 support area for the entry.
I also think any large movements from this area could signal the start of the 3rd leg of the Elliot wave forming on the daily and also completion of the A,B,C leg on the lower time frames as shown on the chart.
Support to the Elliot wave is we have seen the price retract into the Fib area between 0.5-0.68 area. However it didn't close in the area which what we usually would like to see but to my understanding its not like that 100% of the time.
Now as for targets just fair warning I am new to trading so please DYOR but this is how i see it
for the cup and handle target i could see us potentially tapping around the 0.18-0.1850 area. i think if we get much further upwards then that it could be a good sign some large pump is on the way, failure to clear this area could keep the 0.11-0.12 support in the sight of the bears. As for leg 3 of the Elliot wave id say my target would be around 30 cents.
feel free to let me know what yall think or hit the boost if you agree
good luck and have a good Valentines Day
GRT The Graph LONG 20230214Signal:
Red -> Green
Context: Green * N
GRT, The Graph, GRTUSD , GRTUSDT, GRTUSDTPERP , CRYPTOS, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
