GRT - Looks weak (As you asked)GRT actually looks weak. The sell volume is super high right now... so it's risky.
I don't think there can be any safe long positions in this market right now, but if the price managed to cross the resistance area, you can open long positions and aim for the TP as shown on chart.
Current Market Price: $0.6565
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GRT
GRTUSD correction finished....moving into wave 3After a meteoric rise, and devastating correction - it appears that GRT is bottoming and in the infancy of reversal.
Requires some strength in Bitcoin to continue this bounce, otherwise back to retest the lows and form a rounded bottom.
highlighted horizontal lines indicate potential areas of support/resistance
GRT/USDT. Low risk. Good Profit*DEFI
The Graph (GRT)
Rank 75
Max supply 10 Bn
Circulating 1.25 Bn ( 12.5% of 100%)
Goal 1 : 80% profit (return to resistance zone) - June-July 2021
Goal 2: 140% profit (exit from resistance zone and made a new ATH) - July-August 2021
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Profits to everyone!
GRT: Defi PulseI am watching for Defi to make big moves this year... GRT is a project that I have been watching since the beginning and seems to be a promising project. With that said, here is an update on my trade set-up for this coin. So far on the daily I have had three entries- stop lose and take profit have not changed! Not Financial Advice... CHEERS!
GRT/USDTGood day to all, analysis of the GRT coin and its prospects. At the moment, in the pair to USDT, the asset price is moving in a downtrend, a bullish signal is formed for the intersection of ma 50 and 200.It is worth noting that the asset was bought off above the last zone of the beginning of the momentum.
consider the bitcoin chart to understand the medium-term outlook.
all that I think about the further movement of the price I have noted on the chart!
Consider the risks when working with this asset, do not enter into a deal for a large part of the depot!🙌
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GRT is it exiting the consolidation period?Analysis recap:
RSi - 50.0 very neural
MACD - Golden cross on 4H (not very significant for GRT in this period)
On the chart we can see a Descending Wedge almost completed, if it wont breakdown to the downside it will be the signal for GRT to finally get back the momentum it has in FEB.
Suggested price range for long entryes 1.35 $ - 1.48 $ on short term we might not see any major move.
If GRT complete this pattern holding the support the target is going to be an ATH.
I am going to update this idea.
$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!