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GRT 12h The correction is still down, but there are growth prospThe Graph (GRT) is a protocol for organizing blockchain data and making it easily accessible. It runs many of the most used applications in DeFi and the broader Web3 ecosystem today. In fact, The Graph demonstrates the indexing of information data from Ethereum, POA and IPFS. There are over 2000 subgraphs in total for Balancer, Synthetix, Uniswap, Aragon, Livepeer, Gnosis, DAOstack, Decentraland, AAVE. What Google does for search, The Graph does for blockchains. Currently, the hosted service, The Graph, processes nearly 5 billion monthly requests for applications such as Uniswap, CoinGecko, and Synthetix for data such as token prices, past trading volumes and liquidity. However, The Graph's mission is not to run a hosted service all the time, but to eliminate the possibility of API, servers, and databases becoming the only points of failure and control. But we are going to trade here , and not disassemble the technical part of the projects, right?) Let's go through the levels. Most likely in the coming days the GRTUSDT price will fall to the level of $0.37. If there is a sharp rebound from this level, then with a high degree of probability it will be possible to fix profit on the long in the range of $1.05-1.10. If the GRTUSD price smoothly falls and there is no rapid rebound from $0.37 , then the price will fall lower to $0.31 , and the consolidation itself will drag on. If you look at the chart, it is in the zone of $0.31-0.37 that the greatest accumulation of the token took place. The most pessimistic scenario at the moment, reducing the value of the GRT token to $0.22. Although, the open interest in the project from the Binance exchange inspires hope for the best. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
15
GRAPH ADAM and EVE FORMATION. $GRT & $BTC COMPARISONHello everyone. We have very nice set up for GRAPH. Looking for 700% gain on this cryptocurrency. More conservative people can wait for a breakout of $0.46 that would give somewhere around 500% This set up is on 1H compared to BTC's 3D chart.. Always look at the downside and manage the risk. THIS IS NOT A FINANCIAL ADVICE. Invalidation only if we fall below $0.33 Will make an update once we start. TARGETS: $2.15 / $3.00
Long
by Patrikas10
15
GRT The Graph - Where to now? GRT - fairly new token/coin whatever this thing is but it is still within our play zone and is acting as expected. Seems like it moves in wedges. If you notice on the chart, each falling wedge looses its steepness with time and slowly starts pointing up. I have no clue what GRT does or what macro theme it has behind it so this is purely a momentum play for me. If this 4th falling wedge plays out like expected then we can "hope" for a relief rally to .60. All of these are just shit coins to me so if you expect moon and if you are a long term holder - May the 4th (wedge) be with you. Good luck and Happy Sunday! PS Do not trade based on pajama pants analysis that you see on TradingView. This is purely for viewing pleasure ONLY
COINBASE:GRTUSD
by bossmodetrader
12