GRT
GRT can become Bullish Soon!Hello every one
GRT/USDT
🟡Chart is speaking it self!
🌳-GRT is in a falling wedge pattern
-No Break out has Accured yet!
-When the Break out Happens, We shall Expect to see The Price Reach The Target & Resistance Drawn on the Chart!
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Thank you for seeing idea .
Have a nice day and Good luck
GRT, short-term 50% profit marginGRT recently completed the platform oscillation in the 0.316-0.347-0.38 area.
The current price is around 0.42.
Short-term pressure support: 0.38 0.425 0.525 0.591-0.776
It is possible to fall back and consolidate in the 0.38-0.425 area.
After the breakthrough, it will go to the upper pressure level.
Operation suggestion:
-Spot goods. The current range of 0.38-0.42 will enter the market in batches, break below 0.34 and 0.31 to stop loss in batches, and the range of 0.52-0.59 will release the principal in batches, and the profit will remain for a long time.
-contract. For small positions, the strategy is similar to that of the spot, and the profit can be transferred to the spot and kept for a long time.
good luck!
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.
MY VIEW ON THE CURRENT SCENARIO IN GRTBUSDTechnical analysis regarding the price of THE GRAPH in relation of dollar Binance for the next scenarios, based on daily movement.
Price has been going downhill for a long time, leaving bottoms and tops lower and lower. At some point, we have to expect a resumption in its high, correct!?
GRT is a well-established project with excellent fundamentals, it has everything for a good valuation at its price. Its governance is faithful and so far delivers what it says.
In a more technical view, the price is with the RSI above 50 (>60), with the MACD gaining momentum (buying mass coming in heavy) and, it should be noted the very considerable volume, plotted below the MACD, notice the expression of the volume.
I believe the price will seek the targets projected on the chart. And, there is also a very noticeable resistance region just above that the price could go to test.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Is the downtrend for GRT done?Here is what I see with GRT at the moment:
The bullish:
1) The green box I have drawn is GRT'S last key zone of support. I am getting this from the touch that GRT made shortly after launch and proceeded to rally over 1000%. Ever since then we have yet to re-test this box.
2) We have daily bullish RSI and MACD divergence. Always a good sign.
3) We have been in a downtrend for a very long time and have pretty much re-entered the price zone that the coin launched at.
4) It appears we are starting to break above the ema ribbon. The spread is also relatively small. A good sign.
The bearish:
1) We have a 60% ichimoku cloud above us. I have to suspect this will offer some sort of resistance, especially since we have yet to test it during this year long downtrend.
2) The red box marks a key area of resistance for GRT. This area lines up relatively well with the ichimoku cloud, supporting the idea that we will likely see resistance in this range.
3) I suspect the 200 daily ema will enter this range around the time GRT hits it, that is, if it does. This strengthens the previous two points even moreso.
4) Volume is pathetic
My take:
This is a bit of a risky play right now as GRT is heading into some substantial resistance. I still suspect some upwards movement in the short term, but only into those resistance levels, however I suspect something like scenario 1 will play out, especially if the overall market sentiment turns around in the next couple of months which I believe is to be expected.
If we lose the green box we will likely set new all time lows for GRT. Since it has lost so much of its value already, i'm inclined to believe that this wont happen.
If I were to go long I would wait for a retest of the green box, potentially after the resistance levels reject GRT.
Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
💡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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💡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
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$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.