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
GRT
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 !
GRTUSDT - Trying to break trendline!GRTUSDT (1D Chart) Technical analysis
GRTUSDT (1D Chart) Currently trading at $0.688
Buy level: Buy after breakout
Stop loss: Below $0.59
TP1: $0.778
TP2: $0.878
TP3: $1.08
TP4: $1.31
Max Leverage 2x
Always keep Stop loss
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#GRT/USDT | Long Mid-term investment.ENTRY POINT:
0.6750 (2% of your deposit)
ADDITIONAL ENTRY POINTS:
1: 0.5995 (3% of your deposit)
2: 0.4937 (4% of your deposit)
3: 0.3879 (6% of your deposit)
MID-TERM TARGET: 0.7758 📈
After reaching 0.7758, you can set the stop market at 0.7448 and let it run.
LONG-TERM TARGET: 0.9169
LEVERAGE: 3-10x cross
MARKET: Spot or Futures (more risky)
GRT Long Entry - Long swingGRT is a project I've been looking into and something that looks quite promising for the future.
As an entry point this looks like a good starting setup. Below the 200 and 100 SMA by a long way and resting on a hard standing support that's held so over a long time. Entering long here in the long term account.
GRT - Double Bottoming! GRT is currently in a descending correction leading back to our previous bottom. In July we thought we were in an impulsive phase of the market where we were going to see the next big bullrun. However, instead we made an ABC correction for another move down. The best place to look for buys would be the double bottom area between 4-5.
Trade Idea:
- Watch for price to make one more move down
- Look for bullish price action at the 4-5 level
- Enter with stops below the lows
- Targets: 1.200 - 1.700 - ATH
Do you agree with this idea? Let us know below!
Long Hold on GRTLike a lot of altcoins, $GRT seems to be looking for a longer term bounce here, if RSI breaks white trendline upside should be confirmed and test those various fib levels. I think in the coming months GRT will definitely retest ATH. Short term, it all depends on how BTC behaves for now. We might experience a dip below triangle trendline (bear trap?) prior to price increase.