GRTUSDT trade ideas
GRT LONG AND SHORT TERM!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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WHAT'S NEXT FOR GRTUSDT
As we can see price broke above our major swing high and traded higher, so from a long-term perspective bulls took over.
So we will be looking for new longs as a trend following one.
For the bulls to kick in from a medium-term perspective we need a break above the marked upper bound, then a movement higher would be expected.
Until that price can still trade lower, and as the price will be approaching the lower support zone, we will be looking for new longs.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
GRT is on the verge of BreakoutGRT or the Graph is going to breakout soon. Now, it is squeezing in between the diagonal trendline and the 200 EMA support in daily chart. I personally think the trend has already changed as the recent furious breakout just retraced and 200 EMA support is holding it in an obvious way. This is a good spot to go for long and the R:R is pretty good. This is a text book setup. Best SL should be below the most recent pivot low below 0.1 usdt
The Graph (GRT) Breaking triangl, moving in upward channel Clearly whats going on.
GRT recently conducted a backtesting of the support supply line of this channel and may be gearing up to resume its upward movement. There is a possibility that it could make a retracement, which would result in a price of $0.62. and more!
GRT CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the GRT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The Graph, possible movement Personal idea: The Graph is One of the my favorite altcoin and after 0.618 fib retracement and testing it's previous resistance and probably finding it's as support will be ready to continue it's bullish movement, I personally depicted 3 price of profit taking and totally is my personal prediction. All depends on overall positive market condition, Good 🙂 luck .