💡Don't miss the great buy opportunity in GRTUSD @graphprotocolTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.3655).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GRTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 0.4237
TP2= @ 0.4702
TP3= @ 0.5128
TP4= @ 0.5612
TP5= @ 0.6260
SL= Break below S2
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GRT
$GRT Graph Protocol $0.20 Price Target$GRT is a great project with incredible value for blockchains. Unfortunately, GRT has not been able to detach from Bitcoin's movements yet as it remains relatively new to the market.
Currently, GRT is being rejected off the 50 EMA on the daily.
Having realized an 85% retracement from ATH of $3 and seeing this historical retracement continue across cryptocurrencies, the local high of $1.35 with 85% retracement gives a PT of $0.20.
Broader markets face significant headwinds and GRT will not be exempt from this.
Graph Protocol will recover to new ATH's when the markets recover, the value add to the space and developers is too great to ignore... either DCA and accept continued price declines or look for reversal crosses on 50 & 100 EMA with 200 EMA to the upside following retracement for optimal entry.
GRTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has broken the resistance line and is coming up. It will most likely form a H&S pattern. If the price is rejected from the resistance zone, it will fall down to the support zone. If the support zone is broken it will fall further down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XAUUSD LONG SIMPLE SETUP!As you can see in the set up there is a symmetrical triangle which gold is respecting in the weekly and daily time frame.
The trendlines have been drawn in blue and the support and resistance is marked in red I believe gold will be bullish towards the 1840 area this area is where the trendline and resistance meets this is also a strong zone 0.786 fib zone
Entry around; 1831
Tp;1840.39
Sl; 1829.17
GRT/USDT - Range Trade - 100% profit from entry.In my opinion The Graph (GRT) still is undervalued with around 2,800,000,000$ market taking 51th place cmc. 100% is very likely to hit this quarter.
Tight stoploss is part of my strategy. Sometimes I might catch stoplosses 2, 4, 6 times before reaching TP.
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 - $16.4 should we touch the 1.618 fib resistance.
If you agree with this idea, please leave a like below and share your thoughts in the comments section.
Feedback is always appreciated.
Merry Christmas AGAIN!
GRT/USDTNot a financial advice
RSI is oversold on 4H timeframe but no BULLISH divergences yet, however we might see a Double Bottom here with the upcoming descending resistance breaking
if you follow this idea, I recommend to put a tight stoploss under 0.52$ or manage this trade manually, on the other hand if you do not put a stop loss, we have a quite decent price for our DCA strategy
Keep in mind that we might see BTC gets broken our support zone and following to the 37k$ zone as the short squeeze
Graph Protocol 1st Quarter Projection$GRT classic double top pattern
Break below neckline followed by reversal and repeat of pattern
12 HR chart with MA Cross indicating reversal for next leg up, repeating pattern
Expected peak in late Jan/Early Feb followed by retracement then pattern repeats
TheGraph Again- i will add a link in comments to my older GRT analyse where we got a rejection around 1$.
- To make it quick. GRT is reaching a buy Zone, but like always you have to check TheKing Movements.
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Trading Parts :
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Buy Zone 1 : 0.65 ( Now ) (not all in)
Buy Zone 2 : 0.55 (All in)
TP1 : 1.2$
TP2 : 2.2$ (only if we have a strong breakout)
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Stop : 0.45$
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- Personally i don't set Any Stop Loss in Cryptos, i rebuy more coins/tokens at lower price, cryptos are terribly fast, sometimes just with a fast "Dip Wick ", you could lose money that you could win back in few Hours / Days, everything is depending on your own strategy.
- Stay Safe and invest wisely.
Happy Tr4Ding !