BULLISHIn the loving memory of my child Muffin I present you this chart analysis....please take trade after strong candle pattern confirmation or rejection from support/resistance ...if my chart analysis helps you then please do " LIKE" ... it will help me a lot and encourage me to do more hard work in chart fundamental and technical analysis ...
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GRTUST trade ideas
GRTUSDT Triangle Pattern & AccumulationTriangle Pattern and its accumulating in a box. Will give up to 30% to 40% sooner after breakout.
BuyZones:
2.8810 0.865 (4 Hour Zone) 0.85 (4 Hour Zone) 0.83 0.75 0.66 0.64 0.50 0.43
Take Profits:
1 1.2 1.3 1.6 1.8 2
StopLoss:
15%
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.
GRTUSDT is trying to go higherThe price got a rejection from the 0.5 Fibonacci level, in that case, the level is on the daily resistance (The blue one).
The price is starting to create a higher high and higher low, and we could expect a new higher high above the 0.62$.
On the lower timeframe (4h below) the price created an inverse head and shoulders on the weekly support.
How we can trade this scenario?
I'd like to see a new higher high above the daily resistance driving a new high volume. If that case we could apply our Plancton's rules and look for a new long position.
Beware of Bitcoin, if it will break the bear flag, we could see a GRT retest of 0.54
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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.
GRTUSDT Analysis (170% potential from here)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 1.2 - 1.5 - 1.7
after first target reached move ur stop to breakeven
stop: under 0.45 (depending of ur risk). ALWAYS follow ur RM .
RR 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
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