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.
GRT
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
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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.
GRTUSDT, new opportunity to growth, THE GRAPH. UPDATE.Hello my friends, This is an update of GRT for you, The price could not break the neckline and resistances, so came down and was supported on the baseband. For now trying to break the baseband again, Keep your eyes on the OVAL. After breaking and fixing, targets are activated. Good luck.
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The Graph - ZOOM ZOOM to $3.90Basically the Google of the Ethereum Blockchain. Incentivizes the organization of blockchain data into open API's called "Subgraphs" for apps to use. Curators in the system are tasked with finding high quality subgraphs. Indexers choose which subgraphs to index based on input from the Curators. Amazing fundamentals paired with a bullish chart.
Bullish falling wedge with decreasing volume. Broke out and successfully retested. Daily MACD crossing up. Break ATH (yellow) and we target $3.90. Short term targets, definitely don't think we stop there ($5-$10 is probably next later on). This is another cheap Coinbase coin and we know how well those do.
🌧️ GRT Breakout Of Descending WedgeGRT recently broke out of a descending wedge pattern, and currently its price is stabilizing around the $1.76 level. There is high selling volume from >=$1.81, so expect GRT to accumulate around there for a while before breaking higher. Of course, we cannot discount the possibility of another retracement back down, so remember to set your stop losses based on ATR and the next lowest wick one Fibonacci level below.
For April, GRT will have subgraphs coming to the main net, which could be a bullish news. Together with the breakout of the descending wedge, we can expect good news for GRT in the coming weeks.
GRT: Alternating corrective waves 2 and 4. Wave 5 up startingOne of the guidelines for waves 2 and 4 of Elliott Waves is that they are often alternating in form. If one is sharp, the other is often flat. You can can see wave 2 for GRT was a sharp zigzag. Wave 4 has been flat and lasted longer than I expected. The consolidation looks to be over with an impulse wave to kick off wave 5. The crypto market looks healthy with altcoin leader ETH recently breaking resistance. Buckle up!
GRT/USDT : Breakout Confirmed BINANCE:GRTUSDT
Hello everyone 😃
GRT had a breakout on Daily timeframe.
Also now volatility is being bullish..
On last breakout GRT had 230K units bounce and now it's going to happen again !
Major target will be 4$ but it's better to have safe targets for it..
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades