First time throwing some ideas out there, definately looking for some constructive criticism!
It would appear GRT is stuck in a very slow moving wedge; 15m and 60m time frames. 4hr is almost deceptively looking like a Bullish Pennant.
Volume appears to have really tapered off for the time being, as well as the RSI.
However; given the large pump prior to that, like just about every other alt; we will just have to wait and see what its next moves are.
It would appear GRT is stuck in a very slow moving wedge; 15m and 60m time frames. 4hr is almost deceptively looking like a Bullish Pennant.
Volume appears to have really tapered off for the time being, as well as the RSI.
However; given the large pump prior to that, like just about every other alt; we will just have to wait and see what its next moves are.
Note
Update: Shortly after touching the bottom, definate bearish breakout.Albeit.. BTC decided to test and hit a new ATH in the same time frame. Looks like GRT and alot of alts took a dip for that.
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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.