Alikze »» PENDLE | Triangle corner pattern🔍 Technical analysis: Triangle corner pattern
- According to the analysis presented in the previous post, after the inability to break the supply zone, it faced a correction and fell to the green box, which is currently a resistance to continue the path.
- Currently, a corner pattern is formed in the daily time frame.
- But now it can have two paths.
💎 First scenario : after a dynamic trigger retest, this failure can occur from the bottom and continue until the origin of the movement of the 3.90 correction range.
💎 The second or alternative scenario : if it can break the supply zone with buying pressure and retest the upper supply zone after hitting the dynamic trigger with a pullback to the supply zone.
🛑 Resistance range: 5.07 - 5.46
🟩 Support range: 3.90
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GRT
GRT - Rising bottomsWith rising bottoms, GRT rewrites a new graphic pattern, deconstructing the figure of the descending channel
Pattern: The price is approaching resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is at 0. Once the price breaks above the resistance, it may move towards the next resistance level at 0.2529. its support zones are: 0.1963 and 0.1875
The short-term trend is bullish.
GRT GRT was moving aggressive upside. But GRT chart not showing any reversel scenarios.
So If GRT break order block (1), GRT moving upside. If not break, GRT moving downside. Order block (2) was not much probability. Because GRT still the trend was bearish.
GRT mitigating daily timeframe order block. So some downside possible.
Alikze »» LPT | Pullback to the broken ceiling🔍 Technical analysis: Pullback to the broken ceiling
- In the 4H, 8H time frames, it is moving in an ascending channel.
- It is currently in the middle of the channel above the green support box area.
If it stabilizes above this area, it can continue up to the supply area and the ceiling of the growth channel.
💎 Alternative scenario: If the green box is broken, it can have a correction to the bottom of the channel with targets of 20.36 and then 18.75.
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GRT ANALYSIS (6H)From where we put the red arrow on the chart, it looks like the GRT correction has started.
The correction looks like an ABC pattern where wave B has become a triangle.
Now it looks like wave d of B is completed and we have a pump on the way for wave e.
Closing a daily candle below the upper green range or above the upper red range will cause a pump or drop violation
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#GRT/USDT#GRT
We have a bearish channel pattern on a 4-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.300 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher with a breakout
Entry price is 0.3000
The first target is 0.4250
The second target is 0.3400
The third target is 0.3600
GRT/USDT Gaining Momentum for a Bullish Reversal | Get Ready💎#GRTUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $0.262 will hold and set the stage for a bullish reversal that could push the price to reach the channel's upper resistance.
💎However, if #GRT fails to maintain the $0.262 support and breaks below, this will signal an extended downward trend. The subsequent critical demand zone at $0.2474 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements.
💎Should JSE:GRT revisit this demand zone, securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
💎Stay alert and ready to adapt, Paradisers. Your ParadiseTeam is vigilantly monitoring and prepared to guide you through the volatile dynamics of the #TheGraph market.
MyCryptoParadise
iFeel the success
📉🔄 GRT Trading Strategy 📈💡Current Situation:
GRT faced rejection yesterday and is now testing the next support area, presenting a potential buy opportunity.
Trade Setup:
Entry: Long spot trade at $0.2825.
Take Profit: Target $0.3050 - $0.3200 and next resistance area at $0.35 - $0.3625.
Stop Loss: Just below $0.2750 to manage risk.
📊🚀 Stay attentive to GRT's price action for trade execution! #GRTTrading #CryptoAnalysis 🌐💰
GRT The Graph $Grt #Grt The Graph is a great project that not only survived the bear but also has continued to build during the bear as well as create more real-world partnerships and use cases.
Just 2 months ago in the start of March it hit $0.50 (50cents) and has since then suffered from a dramatic 60% correction that IMO was somewhat over done but i was grateful for another shot at buying lower to later sell higher. We have already had a nice bounce over the last couple weeks and i gain trimmed my position for profits/gains.
If BTC continues to see some more downward pressure this week we may also see some more downside again and go back and test the lows.
I'm personally already nibbling at this range and will continue to DCA all the way down and create a new larger bag again and take what the market gives me with intentions of selling in the next MAJOR pump we get and or true alts season if and when it comes.
I would be buying like CRAZY if we get enough drama to give us that lower range in the 13-16 cents areas.
In will be buying in a semi aggressive manner if we come back for a retest of this 20cents range, but I'm not quite sure we get that hence why I began nibbling here. Regardless I'm up on the play fir the cycle and can afford to take some risk with it overall.
In the bigger picture i think it's one of the better plays to get into a situation where you end up holding it longer term and or if you wanted to only buy projects that you can set it and forget it. I think they will continue to do well in this cycle as well as make it through the next bear and be fine in the following cycle.
🔥 GRT Double Bounce: Back To All Time Highs?In this signal I'm going to combine two important reversals:
- The daily RSI on GRT has hit oversold for the first time since September 2023. Daily oversold RSI's are amazing buying opportunities during bull-markets.
- The price retested the bear-market highs of ~0.23 from back in January 2023 as support.
This might be the final bearish move in the next few months, hence the target at the current ATH. Be aware this is a long-term trade and might take months to play out.
GRT/USDT is need breakout the resistance to continue upward!💎 Paradisers, the recent market dynamics surrounding #GRT have been noteworthy.
💎 GRT is demonstrating significant bouncing from the support area around $0.22, coinciding with a golden cross on the MACD indicator, signaling bullish momentum for the price.
💎 Currently, the price is facing resistance at the $0.33 area, which aligns with both a horizontal resistance level and the resistance trendline of a descending channel.
💎 For GRT to continue its upward movement, it needs to successfully break out above the resistance level and the pattern. A breakout above $0.33 would not only indicate a bullish reversal but also pave the way for further upward movement, potentially backtesting the supply zone area.
💎 However, if GRT fails to break out above the resistance area and experiences a bearish rejection, it may retreat to the support area to gather new momentum for another attempt at breaking out.
💎 Upon revisiting the support area, there's potential for a bounce, but if GRT fails to bounce and breaks down below the support zone, the next likely destination is the demand area around $0.185. Here, a successful reclaiming of price above the support could lead to a significant upward movement.
💎 Conversely, if GRT fails to find support at the demand zone and breaks down below it, it would invalidate the bullish scenario, signaling further downward movement.
MyCryptoParadise
iFeel the success🌴
GRT/USDT bullish turnaround from demand? 👀 🚀GRT analysis💎 Paradisers, direct your attention to #GRTUSDT for an intriguing trading opportunity that hints at a potential bullish surge emerging from a key demand level.
💎 Over recent times, #GRT has consistently adhered to a descending channel pattern. As the price approaches the demand level, maintaining momentum here could significantly enhance the chances of a bullish ascent, aiming to overcome the formidable overhead supply zone.
💎 Should the momentum for JSE:GRT begin to waver, we stand ready to seek a vigorous rebound from the crucial support level just before the demand zone, currently situated at $0.2110.
💎 However, a breach below the critical demand level of $0.2110 would necessitate an in-depth reassessment of our trading approach. Such a development would signal challenges in sustaining bullish momentum, prompting strategic adjustments to align with the evolving market landscape.
MyCryptoParadise
iFeel the success🌴
GRT/USDT - Descending Triangle Pattern - LONG TradeBINANCE:GRTUSDT (4H CHART) Technical Analysis Update
GRT is currently trading at $0.3942 and showing overall bullish sentiment.
Currently the price has formed a nice descending triangle. Price has successfully broken out from the descending triangle and now the price is retesting. This is a good opportunity for a long trade with decent RR.
Entry level: $ 0.3972 (after retracement)
Stop Loss Level: $ 0.3491
TakeProfit 1: $ 0.4211
TakeProfit 2: $ 0.451
TakeProfit 3: $ 0.4959
Max Leverage: 5-10x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
GRT 2-day chart analysis🐂🐻GRT 2-day chart analysis
Price is above the possible bottom POC at 0.10 and trying to get above the next higher POC at 0.16
bullish scenario🐂
break this resistance and use lack of volume for quick move to FIB 50% at 0.40
bearish scenario🐻
see a fakeout and lose important support at 0.10
How is your day so far dear Crypto Nation?😎
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
GRT a simple fact. It's bound to succeed Hello again,
This is a setup that I was able to join later in the game with a position around the $0.25 cents but I do consider that a price of accumulation anyway.
It's a little bit higher now but I see it's got the potential to reach $1 dollar easy. So it's a long for me and I'll see you there at the $1 mark.
Trade thirsty, my friends!