GRT
GRT finally time to growth ?GRT / USDT
Chart looking bullish
This is a bit late alert as our buy area was n 1.8$-1.6$
but i think its still has more room for growth :
Bullish restest on trendline
Hold above ma20
Accumulation volume
Inverse h & s in small time frames
Bullish macd
Invalidation : breakdown of 1.5$
Good luck
GRTUSDT Triangle Formation GRTUSDT (30M Chart) Technical Analysis Update
Waiting for the triangle Breakout
GRT/USDT currently trading at $1.85
Buy-level: Above 1.87 (only buy if 30m candle closes above the triangle)
Stop loss: Below $1.80
Target 1: $1.91
Target 2: $1.97
Target 3: $2.08
Target 3: $2.19
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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GRRRT and RRR 9.8Guys, when printers go **🖨️BRRR🖨️** then crazy goes GRRRT. It's pumpseason and I would say that the Graph is going to have another pump soon!
GRT is trying to break up this triangle, and if successful I think there is chance for run to 3.32 and even more. 😊
SL: range low
TARGET: height of the triangle projected from midpoint of the local range (RANGE HIGH - RANGE LOW)
RRR: 9.8
INVALIDATION: when SL level hit
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GRT USDT IdeaGrt broke up from this descending triangle with increasing the volume and now 0.236 fib level acting as support after backtesting
so as long as this level holds as support it will go higher
also, there is a hidden bullish divergence in rsi (Daily Timeframe)
There is a bullish cross in macd as well (Daily Timeframe)
GRT still waiting for daily close aboveStill waiting for the daily close above the upper channel's descending trend line/flag.
We touched the trend line drawn from back in Jan 2021 and respected it beautifully with a wick back up. This level was also around the 0.618 fib.
Short term targets once broken for leveraged positions will be as indicated by the two wicks TP1 1.974 & TP2 2.22 as indicated by the horizontal rays.
Once we see this break, it's go time.
GRTUSDT (GRT) - BUY ENTRY ANALYSIS 🔎
- GRTUSDT was bounded in the descending triangle (DT) pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
- The market hit a swing high and retraced.
- Price is retesting the descending triangle's inclined resistance and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
-There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance (DTR).
- A breakout above this descending trendline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Stop limit entry : breakout above the descending trendline resistance.
- Limit entry : the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
GRRRT and RRR 12+Guys, it's pumpseason and I would say that the Graph is going to have another pump soon !
GRT already broke up this triangle , so I think there is chance for run to 3.38 and even more. I bought @ 1.764.
SL : local low
TARGET : height of the triangle projected from midpoint of the local range (RANGE HIGH - SL)
RRR : 12.74
INVALIDATION : when SL level hit
Like & Enjoy!
GRT pullback than pumpThere are big possibilities we could see some pullback here due to 4 hour RSI already make bearish div. I see some big support around 1.4 and 1.5 area. This could a great place to long. Daily RSI still below overbought area and I see hidden bullish divergence. We will see some pump if BTC going sideway or dint dump.
But there are possibilities we could go lower due to volatility of BTC . If BTC crash from here, we could see GRT will follow to dump.