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GRT

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.
by SpartaBTC
21
GRTUSDT Key High| .618 Fibonacci| Int-Daily S/R| Psfp Evening Traders, Today’s analysis – GRTUSDT – trading at an area of resistance where a high timeframe pivot is likely to occur, Points to consider, - Price action corrective - Key Psfp intact - .618 Fiboancci Confluence - Lower Monthly Objective GRTUSDT’s immediate price action is corrective and is trading towards an area that has multiuple technical confleunces, this allows for a bearish bias. The key Psfp level remains intact, suggesting liquidity resting, testing this rea will lead right into the .618 Fiboancci, there is where a rejection is plausible. It is important that one uses price action upon discretion/ management when executing this trade, invalidation is candle closes above the .618 Fibonacci. Hope this analysis helps, Thank you for following my work And remember, “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse
Short
by AzizKhanZamani
5
GRT - Clean Wedge Pattern! 🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. GRT has been overall bearish trading inside the red wedge pattern and it lately rejected a demand zone 0.05 🏹 For the bulls to take over, thus have a shift in momentum from bearish to bullish, we need a break above the last major high in blue. Meanwhile, until the buy is activated, GRT would be overall bearish and can still trade lower inside the demand zone . Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
19