GRT
Is it June yet?As much as I'd love to see this break out right now, I think we'll continue to trade in this wedge for another 3-4 weeks. I'm long here and will be watching closely for a confirmation of the break upwards.
$GRT - Accumulation/ Possible Inverse H & S Pattern forming. Hello Traders,
Take a moment to look at $GRT.
#TheGraph has been n a sideways motion for some time now and has been accumulating.
You can see within the accumulation channel that the price action has started to narrow and the pressure seems to be tightening the up/ down movements to less volatility.
If the price can continue to form the inverse Head and shoulders, we could see a break above the local resistance at the top of the accumulation box.
Tomorrow will give us a great indication of what the rest of the week should look like.
Either way, I do think GRT is a ticking time bomb and we will see a nice up tick from now until the end of May.
Good luck!
Graphing the GraphI have a love-hate relationship with the Graph.
It’s been in a downwards channel since reaching its ATH in February! It looked like it would break out just when the last BTC dump happened on April 18 and has been recovering since.
Is this finally it? Is the Graph finally going to start moving upwards again?
It appears to have caught a trend line that’s moving the price action upwards and could finally push it over the long line of resistance.
I see it hitting 3.70 but if it makes a similar move as before then 11.73 is in play.
GRT has shown to dump very hard when BTC drops in price and does not recover nearly as quickly as other coins do so be warned.
You can wait for a strong confirmation and possibly a retest of the resistance line as support before entering a long position.
The potential upside is huge so missing a few percentage points is not the end of the world.
The BTC pair looks promising as well.
BINANCE:TRXUSDT
Medium and micro caps about to EXPLODE It is very interesting to look at ETH/BTC chart. As we can see, the ETH has increased its dominance by over 100% during the past one and the half months. Good signal for the beginning of the current alt season in my opinion. The ETH holders may soon start taking more profits and stuffing them in medium/ microcaps in the respective order. What do you think will happen in the next few months? Please share your opinion! What coins are you holding or plan to get for the next phase of the alt season?
Bitcoin is looking bullish and the alt coins are revving upHEREEE WE GO AGAIN ! FOLKS this times going to be one for the books...
The amount of hype thats going to be trailing behind this altcoin season is insane, and we're going to want to position ourselves right in the middle of it all.
I was bearish on this coin in particular in the past but its breaking out of trend lines and putting impressive digits up where id expect this coin to be down its holding a solid sideways price action.
The Graph (GRT) Moving Sideways In AccumulationGetting a nice sideways cruise with The Graph (GRT). We've been holding a sturdy support level above $1.00 since February's run up to $2.89. Then we cooled down and hit a low of $1.13 on April 23rd. And since April 23rd it seems like we have a slight bounce back the upside. In between $1.33 - $1.80 seems to be a nice area to scoop up some before we inevitably retest those all time highs. There's some good run up.
The fundamentals behind The Graph are very strong. From Coinmarketcap I emphasize "The Graph is working to bring reliable decentralized public infrastructure to the mainstream market." It is projects like these that do well with the narrative of this bull run. It is also an ERC-20 token so it will be very interesting to see how Ethereum's EIP1559 effects the whole ecosystem after July. GRT is a good long term project.
Just my opinions and observations. As always much love, peace, health, and wealth.
$GRT/USDT 4h (Binance Futures) Descending trendline breakoutThe Graph has broken bullish, the idea is to catch it on the retest of TL and 50MA!
Current Price= 1.68407
Buy Entry = 1.64255 - 1.58745
Take Profit= 1.82989 | 2.02021 | 2.30295
Stop Loss= 1.47127
Risk/Reward= 1:1.5 | 1:2.82 | 1:4.79
Expected Profit= +26.62% | +50.18% | +85.20%
Possible Loss= -17.80%
Fib. Retracement= 1.272 | 1.764 | 2.414
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
GRT USDT 4H looking for that breakout?Looking for breakout on GRT today, if we break $1.68 then I think its going to run higher. Could wait for breakout confirmation, entry after retest of new support, would be the safer play. Otherwise long and strong!
GRT ready for next leg up towards ATH and beyondGRT/USDT just broke out of inverse head and shoulders pattern, looking to break upwards towards it's ATH and beyond $3.
The Graph (GRT) hosted service surpassed 20 billion queries in April as Web3 usage reached new highs, representing an explosive rise in dapps and Web3 adoption.
GRT chilling before the next leg upGuys, I know that some of you are getting exhausted by this sideways trading of GRT, but look, before the first big move, it was also chilling for around 2 months. The triangular pattern signals for a next up move in the next few weeks. But, please share also your ideas and opinions.
GRT THE GRAPH $3 soon !IS GRT on the way to breakout ?
GRT price has been surpressed for almot 3 months ! , it's been struggling to break the $2 area !
there's some movement and price action , there's some volume accumulating and some good news , there's a new exchange ( bitstamp )listing for GRT soon ..
Would we finally see GRT at $3 ?
'twitter . c o m /Bitstamp/status/1389592768750800900'
The Graph [GRT] Potential inverted H-S formationHi everyone,
Looking at the 4H timeframe, GRT seems to found support after a strong bearish move
As GRT was slowly recovering a possible inverted H-S formation caught my eye. When the inverted Head-and-sholder structural development rightly completes other important levels can be tested as highlighted in the chart.
In case we manage to break and close above the "Neckline" with the right price action and volume an important reversal can take place.
Be aware that this structure still needs proper confirmation!
Fundamentals:
> Succesfull mainnet migration of first 10 subgraphs (e.g. Audius project, UMA protocol,...)
> Integration with Fuse Network
> Scalable microtransaction system (Scalar)
> Integration with Celo blockchain
> Integration with MoonBeams
🌜 If you enjoy this idea, please like and leave a comment 🌜
GRT: THINGS COULDN'T BE UGLIER! SO, BE READY TO BUY!MA50, EMA50, and MA100 have turned into a formidable wall of resistance, not to mention the rest of the MAs and EMAs.
MACD has had a negative cross.
RSI showcases negativity.
Volume has dried up.
Support areas are designated in green, and resistance zones are in red.
This coin will live up to its reputation, and I have no doubt. You just need to wait and buy these lows with a well-though-out plan.
GRTUSDTthis alt has corrected almost all of its fascinating pump of money which means almost all of the money from whales came back into their wallets are they are ready with cash to enter again and do another pump, the chart shows bulls exist in the system and can hit higher high easily as can be observed in the chart so there is going o be 2 scenarios
1. the chart starts going to new records from here
2. there is going to be a big scale sideway and after that rest the chart goes for new records
anyway we enter here and watch our whales to shake this chart and make what we want them to do!
👉This idea has the confirmation of "advanced price action"
👉For more information and how to contact us don't be shy and come ask in private chat from trading view
👉Hit share and spread the information in public chats or your twitter for everybody to get profit
GRT HOPIUMGRT has literally been like a stable coin so it better be doing something soon. Idc actually cause I'm holding my bag for at least the whole bull market
