GRTUSDT, new opportunity to growth, THE GRAPH. UpdateHello guys. This is an update of previous analysis (blow link), As you can see on the chart the first target with 80% reached, for now the price needs some correction and rest to the support base band and new ascending is on If the whole market follows. So I expect growth to the other targets. The targets will be 13 - 23 - 30 - 50.
Good luck.
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Graph
GRT/BTC Secondary trend. Coin redemption.Logarithm. Time frame 1 day. Secondary trend.
The coin is traded on more than 40 exchanges, including the top ones.
The Graph is a web3 protocol for easy access to blockchain data.
In the pair to bitcoin, there is a significant redemption of volume. Perhaps some kind of pump group is gaining. It should be understood that this is a risky asset of the so-called 3rd group with relatively low liquidity, which just use such fraudulent formations. Pump/dump and goodbye, no accumulation.
Main trend. The trading pair to the dollar . Logarithm. Time frame 1 week.
In the final phase of its formation, a descending wedge. Declines from the pumping peak -98%. The price is at its dynamic support. The potential local movement of +96% to the resistance of the formation inside the band. Further on, what the situation will develop.
On such coins, it is rational to sell with a grid of pending orders near the major resistance areas. I would recommend using a small percentage of one's trading depo in such coins and work with “down-to-earth objectives”, so to speak. It is quite possible that there can be squeezes, and stops can be taken under the base of the wedge, it should be understood from the beginning.
GRTUSDT, new opportunity to growth, THE GRAPHHello guys. As you can see on the chart, finally the breakout happened and pullback and new ascending is on If the whole market follows. So I expect growth to the first target and then next targets. The targets will be 13 - 23 - 30 - 50.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
GRTUSD broke above major Resistance. Potential uptrend ahead.The Graph (GRTUSD) broke today above the Lower Highs trend-line that has been in effect since the August 08 2022 High. Supported by the 1D MA50 (blue trend-line), GRT is now aiming at the 0.07725 - 0.0750 Resistance Zone (made on the November 23 - December 10 Highs).
With the 1D RSI on Higher Lows since October 20, it is highly likely that this will be a sustainable bullish break-out. However the RSI has has clear highs to sell, near the 80.000 overbought barrier, where price tops where formed.
As a result, we are looking for levels to peak and the pull-back and as shown on this chart, the Fibonacci retracement levels align perfectly with previous Support and Resistance levels since the August downtrend started.
As a result the next level to watch is the 1D MA200 (orange trend-line) on the 0.382 Fib, with a major Resistance cluster being on the 0.5 Fib.
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Could $GRT run to $.32 from these levels?A lot of alts are seeing exit pumps and I think the ones that have been coiled the longest will run the furthest. GRT looks like it retested the lows yesterday and is now ready to run.
I could see GRT doing a 3x from here. First level it would need to break is $.16, then $.20, and if it makes it over those two levels, I think $.32 is likely.
Let's see what happens in the coming weeks.
GRTUSD GRAPH TOKEN - INVERSE H&S Spotted on the 4hr.Traders,
Spotted this inverse Head and Shoulders on the 4hr. If that neckline breaks to the upside Graph Token could finally escape this long-trending bullish descending wedge it has remained in for about one year!
Target for the 4hr trade is 11.5 cents.
LMK if you enter.
Best to you!
Stew
GRT/USD - Breakout approaching key resistance! 🚀If you checked my past analysis, this pump was pretty much in the cards for a while.
What I did not anticipate was this re-test of the breakout with the price falling on the top of this wedge to confirm it as support.
Nevertheless, the price action is clear and GRT is well on its way towards 12 cents.
Some profit taking at 12 cents could take place so best to consider what is your timeframe for this play.
GRT could very well go much higher, the ATH was at $1.3 so about 10x from here. Bias remains bullish for now.
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ETHEREUM WEEKLY REVIEW | TESTING RESISTANCE? Chart is on the daily:
As I predicted on my last analysis, ETH hit its reversal line and is bouncing back up to the resistance level. Just like BTC, we will see this progress up back to the resistance level and see how it reacts.
This will gain positivity for a little bit until it hits resistance, which will be the ultimate test if bitcoin will remain bullish or bearish.
Do your own research and trade wisely my friends!
Cheers!
THE GRAPH-BTCPair to bitcoin, downtrend, now price is consolidating in sideways movement (trend flattening).
The price has formed a rectangular consolidation, with the upper boundary around 560-575 satoshi.
Potential entry point when this consolidation is broken on a large vertical volume on your timeframe (1 hour, 4 hours).
If the breakdown will not be on heavy volumes, but on low volumes, it is likely that we will see the return of the price (rollback) to consolidation after the breakdown, with a confirmation of support and a further rejection of the consolidation, the same possible entry point. Stops, depending on your trading style, either behind the breakdown candlestick (shorter stop), or behind the bottom of the sidewall (more medium-term stop, but also higher risk).
If you liked this article, then like it and subscribe, so as not to miss anything.
Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
LUNA Buy Position - Check my Analysis about LUNALUNA is making Descending Wedge. I think it is an opportunity to buy into this position, but again it is not my personal recommendation. It is just what I'm seeing in this situation at the moment. Keep following me if you like what I share.
Thanks
APECOIN Ascending TriangleI just woke up to look at APECOIN, only to witness an ascending triangle forming with the pivot point. This is very important, since APECOIN might already be reversing. Let's watch what happens so that we can make something out of it. Also, the graph is hitting key spots on the triangle. KUCOIN:APEUSDT
Ethereum Falling WedgeYesterday at night, I said that Bitcoin was going to pump, now, I will say due to this pattern, Ethereum will explode. Yesterday was a relief from the insane dump, now, it starts reverting. It is important to see that because of APEUSD's drop, BTC and ETH went up. This falling wedge is important for the cryptocurrencies.
CRYPTOCAP:ETH
GRTUSD Testing the 1D MA50. +50% profit opportunity if it breaksThe Graph Token (GRTUSD) has been on a strong 2 day rise that made it hit the 1D MA50 (blue trend-line) again, where last time it got rejected. Being within a Channel Up for the majority of the year, it may be time for the pattern to break as GRT has formed on the 1D time-frame a bottom pattern similar to that of June - July 2021.
The LMACD just formed a Bullish Cross and that pattern pushed the price above the 1D MA50 last time on a rally that topped within the 0.5 - 0.618 Fibonacci retracement zone and just below the 1D MA200 (orange trend-line).
This time the 0.5 - 0.618 Zone is around 0.6368 - 0.7591 but the 1D MA200 lower at 0.6081 and dropping. If a price breaks the 1D MA50, I expect an equally strong rally towards the 1D MA200. From today's levels, that represents a profit opportunity of roughly +50%.
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THE GRAPH 1-2 TARGETGRT: everything you need to know
GRT is a token that powers The Graph, a decentralised indexing protocol used by blockchains such as Ethereum.
In a similar way to how search engines such as Google index the Internet, Graph protocol indexes blockchain data, grouping it into subgraphs on open application programming interfaces (API) that anyone can query via GraphQL, Graph’s programming language.
Subgraphs can be then composed into a global graph of all the public information. This data can be transformed, organised and shared across applications, enabling users to make a search using GRT tokens.
The Graph platform makes it easy to search for blockchain data through simple queries.
“Before The Graph, teams had to develop and operate proprietary indexing servers,” Graph says on its website. “This required significant engineering and hardware resources and broke the important security properties required for decentralisation.”
Currently, The Graph supports nine networks, including Ethereum, Polygon, CELO and BSC.
The Graph Goes Bullish (119%+ Mapped)The Graph (GRTUSDT) has gone bullish...
If only we knew yesterday about this one... :D
We have the highest volume since February 2021 right before a massive bullish wave.
Another one can be starting now, we can tell because prices are moving above EMA50.
Confirmation comes on candle closure TODAY.
EMA50 stands at 0.4103.
Closing above this level, we can expect a change of trend.
Getting in at the bottom is the best possible scenario...
Low risk with high potential rewards.
Thank you for reading.
Namaste.