GRT 1W - Another week closing soon with inverted bullish hammer
Last time in January I published the idea of GRT closing a week with an inverted bullish hammer, there were 6 weeks of growth. It seems like this reversal pattern actually marks the end of the bearish trend and the following reversal. The token is terribly oversold, RSI below or near 30, bullish divs on bigger timeframes, etc. Now waiting for confirmation (bullish engulfing candle up to the day/week resistance). Probably the only thing that may ruin this pattern is BTC with its sudden FUD. Either way this project is doomed for growth. Even EOS makes new highs, but this project isn't developing (correct me if I'm wrong). Have you noticed how all the traders within the couple of weeks became convinced bears?
What do you guys think?
What do you guys think?
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