GRT wants to moon!
GRT has been rallying tremendously since its launch in Dec 2020 and has been consolidating since its ATH on Feb 12.
The correction and consolidation has been ongoing for almost 2 (!) months now and since GRT shows these bullish signs:
- MACD cross
- MA cross
- Just set lowest low on RSI (similar to DOT before its recent run-up)
- Cup and handle with neckline in the golden pocket and (still early) seems like a solid bounce from the neckline!
Other factors to take in mind:
- trending on Coingecko
- immensely popular with retail, especially in the USA; with holidays this weekend, I expect the popular coins to surge
- did I say alt season? alt season!
Short term target (next 3 - 7 days): +30%
Mid term target (by mid June): +90%
I expect GRT to outperform BTC in the coming weeks / months, ofcourse; its alt season. :)
Check the links below for more alt coins with huge potential, happy days!
Long term: Given its use case will be increasingly important in the new blockchain based economy, I see huge potential long term for GRT.
But of course you dont care because we are all here for the short term gains; so trade the breakout, if you agree, good luck!
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
The correction and consolidation has been ongoing for almost 2 (!) months now and since GRT shows these bullish signs:
- MACD cross
- MA cross
- Just set lowest low on RSI (similar to DOT before its recent run-up)
- Cup and handle with neckline in the golden pocket and (still early) seems like a solid bounce from the neckline!
Other factors to take in mind:
- trending on Coingecko
- immensely popular with retail, especially in the USA; with holidays this weekend, I expect the popular coins to surge
- did I say alt season? alt season!
Short term target (next 3 - 7 days): +30%
Mid term target (by mid June): +90%
I expect GRT to outperform BTC in the coming weeks / months, ofcourse; its alt season. :)
Check the links below for more alt coins with huge potential, happy days!
Long term: Given its use case will be increasingly important in the new blockchain based economy, I see huge potential long term for GRT.
But of course you dont care because we are all here for the short term gains; so trade the breakout, if you agree, good luck!
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Note
GRT UPDATE: we wait for a break out, if GRT stays above the neckline (double black line) I stay bullish, we have to wait for the USA to wake up and get on it...
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.