1D time frame
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GRT is breaking out the falling wedge structure, but this downtrend line is not standard due to many wicks. On higher time frame like 4h or 1D, GRT gain demand at 0.08 which is also the structural support, and face the resistance from downtrend line, if GRT can break it out with high volume, we can set target based on the wedge.
TP: 0.25~0.25
SL: 0.0745
-
GRT is breaking out the falling wedge structure, but this downtrend line is not standard due to many wicks. On higher time frame like 4h or 1D, GRT gain demand at 0.08 which is also the structural support, and face the resistance from downtrend line, if GRT can break it out with high volume, we can set target based on the wedge.
TP: 0.25~0.25
SL: 0.0745
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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.
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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.