THE GRAPH NETWORK HAS A ROADMAP TO DOUBLE DIGITS!Merry Christmas Eve fellow Traders and Happy Holidays!
Today we wil consider the trading pair GRT/USDT.
Recently we put out ideas on SUSHI, LUNA, AVAX, 1INCH etc. talking about first wave extensions and their price targets for 2022 (all linked below btw).
This, we will do a similar idea for GRT.
As you can see in the chart above, GRT has had a 9500% growth in price from it's listing last december up until February earlier this year and has since been in accumulation phase spanning almost a year so far (315 days) marking it's correction phase (wave 2).
If we take our fib retracement tool and draw from its opening price at listing date up until it's ath in february, we see price stopped just underneath the 0.382 fib support (which is the basis for a 1st wave extension, coupled with a lengthy accumulation phase).
To get our targets for the 3rd wave, we then take out our fib tool again and measure from it's ath to the 0.618% level of the 1st wave and target just under the 1.618% level for wave 3.
I have added in the 1.5% level for clear targets.
This would give us a price target of around $11.8 - $16.4 should we touch the 1.618 fib resistance.
If you agree with this idea, please leave a like below and share your thoughts in the comments section.
Feedback is always appreciated.
Merry Christmas AGAIN!
Graph
The GraphFor those who where waiting for The Graph, here a new analysis for The Week Chart. That is something we need some times and we forgot.
As you can see we are in the lowest area, an area when we touched it we Bounced back.
I think we can make a 300% but for sure this isn't gonna happen tomorrow. Remember this is Week-Chart
Dont forget the New Integration.
New integration.....
GRT looking for some upsideGRT seems to be heading towards the end of the apex and seems to be looking for a move higher. Me might see another dip towards the downside if RSI doesn't hold the median white line. If that is the case, we could see it come to bounce near those purple lines/zones which seem to be important support levels. Other than those concerns, I think we should see a move to the upside and break the descending triangle (we might have a break and retest) to test those price targets (placed just below fib targets).
*not financial advice* *dyor*
Short for GRTGoodevening,
Well i can tell you i am a big supporter of The Graph.
It is one of the projects on the Solana protocol and i definitely see big potential in The Graph.
Reason for it is we live in a world full of information.
The one company that can deliver the information quick and secure will win the race i think.
The Graph.
Looking to the technicals now..
It has had a downtrend and we will set sideways action in named a Trading range.
The chances of price moving downwards is more likely than price breaking out of resistance.
Be patient and have your eye on it.. When the asset is in sale you have to purchase it.
Bitcoin 300k by the year of 2021My long term analysis price of Bitcoin, I wonder what other people think?
I am a big believer in crypto and one day it will get as high as shown on the graph! I advise everyone to buy in 10%-5% of your income (salary) each month, no matter what the price is today! Don't wait for the pull backs, as you will buy your bitcoin higher and lose out. In just a couple of years, holding you bitcoin could earn you 2000% of income.
As they say history repeats and we are at early stages of adopting crypto, don't miss your chance to be rich!
My twitter: @CryptoWolfy7
PS This is my own opinion, not financial advice. Good Luck!
GRT triangle breakoutThe Graph seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 1.448 and even higher. GRT , come on!📈
ENTRY : local high @ 1.1243
SL : local low @ 1.0793
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 1.448
RRR : 7.1
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence
#GRT The Graph 1D - Big Move Coming!I did a deep dive on GRT to figure out if we are in a possible next leg up. GRT was in a symmetrical triangle on this chart but inside that triangle it was in a falling wedge pattern until it broke out recently. GRT is above the ichimoku clouds and over the 21 ema on the daily now. I noted a few resistance areas along with showing a fractal from the prior pump.
RSI and Stoch RSI show the possible move up is ready.
Market Cypher shows a green dot.
There is a nice double bottom formation on the trend line that was formed since May 2021.
My biggest concern at the moment is if BTC hits the ATH and creates a double top pattern and starts to move down. This would not be good for GRT or any other crypto.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
GRT.USDT (Y21.P6.E1).Change in trendHi All,
Its been a while since I have used pitchfork and it seems GRT has the perfect alignment.
Now that its broken the 200% level (red zone), its confirmation of trend change.
I see the ideal entry with a pullback as per indicators suggest to my liking of testing the top of the channel of the pitchfork.
We also have alignment with a structure of ABCDE as per elliot wave structure.
The daily stoch RSI will assist in finding an entry and we have also picked our spot that makes sense.
IF both align, its a good signal to enter.
I will be using my phx indicator to see confluence as well.
All the best.
S.SAri
The Graph (GRT) Update:180% back to the ATH @ $2.88 next stop $4Since we had a fast and slow ema crossover (18/10/21), with the 13 EMA crossing up above the 50 SMA on the daily signalling strong bullish momentum, The Graph (GRT) has grown just over 35% from this call. From here we can expect continued bullish momentum as we head back up towards the ATH at $2.88.
Short-term targets
🎯$1.68 64% Gain from the current price
🎯$2.88 260% Gain from the current price (previous ATH)
EOY/Q1 2022 targets
🎯$6.76 561% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 941% Gain from the current price (423.60% Fibonacci level)
17/10/21 GRT Update: The Graph ( GRT ) Update 17/10/21: 260% Gain back to the ATH @ $2.88 from the current price level. Since reaching its ATH on 12/02/21 at $2.88, The Graph has experienced moderate retracements in the range between the 38.20% fibs and 78.60% fibs from 12/02/21 to 12/04/21 (from $2.88 to $1.39 50% drop before the May crash). As we saw across the whole market, GRT was heavily affected by the May crash as we saw a lot of fear and panic in the market. More importantly, since hitting its ATH after being shortly launched (18/12/2020), The Graph has not yet even recovered from the retracements between 12th Feb to 12th April, instead The GRT had a further 65% drop from $1.39 (17th May 2021) to $0.48 (20th July 2021). During this downtrend The GRT has retested the bottom at $0.48 3 times forming strong support at the $0.48 price level and a bullish triple bottom chart formation. From the current price we expect the 13EMA to cross up above the 50SMA signalling a Strong Buy Signal for GRT with a potential of 260% gain back to the ATH from the Buy Zone. Please find Our Key Price Targets Below:
Short-term targets
🎯$1.68 111% Gain from the current price
🎯$2.88 260% Gain from the current price
EOY/Q1 2022
🎯$6.76 756% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 1232% Gain from the current price (423.60% Fibonacci level)
$1K investment at the current price would give you a value of $12,320 when The GRT reaches the full fib extension at $10.64. Use Buy Zone to map your entry. Happy Trading :)