GRTUSDT trade ideas
SasanSeifi| Is the Downtrend Here to Stay?Hey there, ✌ Let's analyse the chart of BINANCE:GRTUSDT , the native token of The Graph protocol, which is used for querying blockchain data. This protocol is widely applicable in decentralized applications (DApps) and DeFi, serving as a crucial infrastructure for information retrieval on blockchains. The Graph protocol is also somewhat related to artificial intelligence.
Currently, in the long-term 5-day timeframe chart, we observe that the price has decreased from approximately 0.50 to about 0.10. Following a reaction at the 0.10 support level, the price has entered a consolidation phase and is now trading around 0.13. The long-term outlook appears to lean towards further declines.
If selling pressure persists, key support levels between 0.080 and 0.060 (particularly in the Bullish Breaker Block and Order Block zones) may act as support. As the price approaches these support levels, we could see positive fluctuations and potentially a continuation of the range-bound movement. If a correction occurs, we need to monitor how the price reacts in these areas.
Conversely, if the price holds within the 0.13 to 0.10 range and buying interest emerges in the market, a breakout above the 0.20 level, with subsequent stabilization, could lead to increased bullish momentum, invalidating the bearish scenario.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
GRTUSDT.P / LONG / M15GRTUSDT may rise from the Bullish Order Block
Bullish Order Block: 0.15186 and 0.15094
GRTUSDT has potential for an upward movement from the bullish order block. There’s a high probability for profits with this setup, analyzed using Smart Money Concepts (SMC). Let’s monitor the price action to see how it reacts within this zone!
GRTUSDT.P / LONG / M15
LEVERAGE :- 50X
Entry Price :- 0.15188
Take Profit :- 0.15542
Stop Loss :- 0.14832
GRT D Bear Flag
Downside correction is persistently driving prices lower, and there are no signs of it ending soon.
Price has formed a bear flag, and although it has not been breached, it is highly likely to break, for a continuation of the downward trend.
The absence of bullish RSI divergence reinforces the likelihood of further declines, supporting a bearish outlook.
#PORTAL (SPOT) entry range( 0.1360- 0.1660)T.(0.3860) SL(0.1259)BINANCE:GRTUSDT
entry range ( 0.1360- 0.1660)
Target1 (0.2320) - Target2 (0.2890)- Target3 (0.3860)
SL .1D close below (0.1259)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT ***
The Graph GRT price : ready... steady....go...A rather interesting picture on the OKX:GRTUSDT chart
Now the #GRT price is at a critical point - if it breaks the trend line, it will mean at least +40% of the price movement.
And maybe even more, but that's in the more distant future.
Also, it seemed to us that MM's handwriting on the #GRTUSD and #Turbo charts is the same, what do you think? 👇
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
GRTUSDT - October Set to Ignite the Next Big Move?
🚀🔥 GRT Poised for a Breakout - October's Momentum is Building! 💥📈
Welcome to Uptober! As we enter a month historically favorable for crypto markets, GRT is shaping up for a potential breakout. We’ve moved from $0.15 to $0.18, and this 15-minute chart shows strong bullish signals, backed by key support levels.
I’m keeping my primary target at $1.97, with an ambitious moonshot scenario of $13.7! Stay tuned—this could be the moment we’ve been waiting for as October unfolds its magic. 📊🌕
Let’s make the most of it!
One Love,
The FXPROFESSOR 💙
ps. we keep our eyes on the charts as we live in nasty world and we can never relax, FUD or FOMO.... charts first: 0.1641 is a level that if someone must be adding to their position not subtracting!
GRT New Bullish Impulse StartedGRT has had two significant bullish impulses over the last two years. With price action picking up again over the last two weeks, I'm betting that we're seeing the start of the third GRT impulse.
Note the bottom dotted support line. This has held for the last two years, and is likely to do so for the time being.
I'm looking for a move towards 1$. Stop below the recent swing low.
GRT LOOKS BULLISH (12H)From where we placed the red arrow on the chart, it seems that the GRT correction has started.
The correction was a diametric that has ended
Now we put in GRT bullish waves.
By maintaining the green range, it can be pumped up to the red box.
The targets are listed on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
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
GRT potential long term targetsGRT / USDT
We are still in the same cycle since beginning of 2023 with macro bull market HH and HL structure intact
Whats next ?
Here i can see a high potential upside movement from around current prices(HL) to produce a new HH ,The most important resistances are highlighted
Best of wishes
GRTUSDT – Here’s What You Need to Know!About The Graph (GRT): The Graph is a decentralized indexing protocol designed to query blockchain data effectively, similar to how search engines work for the web. This innovation is crucial for Web3 applications. With a market cap of $1.45 billion and 24-hour trading volume of $49 million, GRT is gaining attention among investors.
Impact of Rate Cuts: The Federal Reserve's recent 50 basis point rate cut is providing liquidity into riskier assets like altcoins, benefiting projects like GRT. Lower interest rates typically lead to greater risk appetite, and with GRT’s position in the Web3 ecosystem, it stands to gain in the coming months.
Good Entry Point: Currently, GRT is trading around $0.15, which presents a solid entry point, as it sits above key support levels. The primary support is at $0.095, while the immediate resistance is around $0.48. A breakout above this resistance could push GRT into a strong bullish run.
Technical Analysis:
📊 GRT is showing potential for a breakout with targets at:
Primary Objective: $0.75
Maximal Extension (Moonshot Target): $13.73
Support Levels: $0.095
Resistance Levels: $0.48 (initial), $1.73 (long-term)
This chart highlights the potential for GRT to rally if it breaks through its immediate resistance. With the favorable macroeconomic backdrop and solid fundamentals, this might be an ideal time to watch GRT closely. Watch for strong volume and a close above resistance to confirm the breakout.
One Love,
The FXPROFESSOR 💙
*If you like GRT, perhaps it’s also time to look into diversifying with AI + Crypto potential unicorns like CRGPT.
GRTUSDT 4H Touching the bottom - Double BottomGRTUSDT 4H Touching the bottom - Double Bottom
GRT is a necessary value for the development of dapps on different blockchains, so it has an intrinsic value.
Since March 2024, it has been falling gradually to the current area of 0.14
It is possible that in this area it has touched the bottom x 2 times and developed a minimum greater than the previous one. On the other hand, it is leaving the bearish channel that until now conditioned the price, so the probability of an upward change is imminent.
If BTC gives an upward push again, GRT will rise strongly.
If BTC corrects, up to 49K, GRT could correct a little more, but the feeling is that we have touched the bottom.
Levels:
SL1 - 0.1345
SL2 - 0.11
TP1 - 0.2175
TP2 - 0.3535
TP3 - 0.4945