GRTUSDT trade ideas
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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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.
GRTUSDT, new opportunity to growth, THE GRAPH. Update2Hello guys. This is an update of previous analysis (blow link), As you can see on the chart the first and second targets with 216% reached, and then the price corrected to fib 61 and needs some rest here and has a good support base on TP1, for now I expect the price fill the weekly candle shadow and new ascending is on If the whole market follows. So I expect growth to the other targets. The targets will be 13 - 23 - 30 - 50.
Good luck.
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Price correctionConsidering the strength of growth and strength of fall in the previous wave, we are probably witnessing the formation of the ABC pattern
The end of C is suitable for buying
⚠️ This Analysis will be updated ...
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📅 02.12.2023
⚠️(DYOR)
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✴️ The Graph | Warning! ... Can Do More (Name Your Altcoin #33)Even though The Graph (GRTUSDT) has grown massively it can do more...
Let me make my usual disclaimer... I/We do not recommend buying here nor trading already moving pairs.
We have a trade idea for GRT way before it started to grow and we like to catch the bottom/low/support and get the full move to the upside. This way we get low risk with high potential for reward.
With that said, even though this one already has strong growth it can do more.
A correction can happen anytime.
Shakeouts can happen anytime...
If you jump-in now it becomes very complex on how to trade.
If it drops... Will it recover?
Or will it continue lower?
If it continues higher... How far up will it go?
Should I sell? How much?
Anxiety, stress....
See my chart for GRTBTC for example, before it grows.
5-Feb |
This is just one example but you get the idea.
Back to GRTUSDT.
Based on the hundreds of charts that I read on a weekly basis, this one has more to give.
We have the highest volume ever by far.
The strongest RSI ever by far... So even if you see a retrace it should be temporary before additional growth.
The next target/more details on the chart.
Remember to boost, follow, like, share, tweet, video, call, print, promote, drink, party, relax, meditate... Oops!
Remember to show your support.
Namaste.
GRTUSDT
GRT analysis:
There is a falling wedge pattern on the daily chart which broke in an upward direction and we see a big upward really. After hitting the resistance area price is now cooling off. The support is $0.128-$0.135 area and we may see a test of this zone soon. If the price is able to hold this zone then we see a good upward move. Don't FOMO and wait for test of the support area.