GRT
GRT-12h. Ambiguous situation and the likelihood of growth to 3.5For almost a month and a half, the GRT market is undergoing a correction of the previous powerful growth wave. In the range of $1.3-1.35 , buyers organized a liquid zone, from which the GRT price has already bounced twice. However, starting from February 24, trading volumes fell sharply and we cannot say with certainty that there is a strong buyer in this price zone.
At the moment, buyers are trying to break through the local downward trend. The price is at the upper trendline, from which it has rebounded twice already.
Now the situation is not very predictable and it is worth waiting for either a confident breakdown of $1.86 , or a rebound in the GRT price from the upper trend line of the channel.
If buyers manage to test $2.15 and then hold the range of $ 1.65-1.7, we will expect a renewal of the historical maximum and a test of the mark of $ 3.5.
However, do not forget about the alternative scenario . If buyers within this attack fail to break through the upper trend line of the falling channel, a triangle with a flat bottom will form on the chart:
In this case, we will expect a breakdown of this triangle downward with a probable final target of $0.8. If this scenario starts to be implemented, we will make a new idea, since $ 0.8 is the most negative goal that can be within this scenario.
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GRT what I see 4h ChartI just wanted to share my idea for GRTUSDT base on my BTC Bitcoin forecast
This is just my personal opinion, I don't have any market background, this is just based on the facts i know about the market for now and what i see in the chart.
I'm doing this kind of charts for 2 weeks now, keep this in mind too.
GRT gonna Fly Very Soon | Don't Miss it this time !!!Hey guys welcome for a fresh update on GRT
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GRTIs getting Ready for another leg up !!
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GRT has been forming right triangle pattern like before...
And Its Almost done with it..
If You can Hold For a month than GRT must be the first choize for you
Easy 2x coin
Have a Look in the chart
Don't Miss Out on it....
Give a thought to it and manage your risk carefully...
Let me know whats your target and suggestion In Comment Section
Will Be back with another Premium Trades in the mean time..
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GRTUSDT First TARGET $2.10BINANCE:GRTUSDT
GRT Broke Descending Trendline with a very Good Volume and Fundamentals are Good
So I'm Entering Here
Targets: $2.10 / $2.40 / $2.80
Stoploss: if You taking a leverage Position Closing Below Support Box ($1.57) on 4h or Daily Candle, if Not Let it be and I will Update For Exit Points
GRT Critical zone: about to go crazy either for good or for bad
I've been doing TA for months before sharing my first idea so I believe I've a tiny bit of knowledge to share. Anyway take this information with a pinch of salt and do your own research.
Long scenario: We can see a falling wedge pattern about to breakout in the daily chart. For this to happen we need to keep the $1.3 support so I would put a stop loss at around $1.17.
Short scenario: If we lose this support we can expect a breakdown to $0.80 (-38%). The 50 period daily EMA suggest that we could continue going down, specially if the support breaks.
Entry for long:
March 26th we saw a good retest of this support although with a good volume. We can enter the trade right now that the support has been retested and there is a good buy volume accumulated since February 7th if we compare it to the sell volume.
We can see that March 9th and 20th the buy volume crossed the volume average which suggest a breakout is about to come.
The other option would be to wait a retest of a breakout of the wedge, wich is safer but with a lower RR ratio.
Onchain metrics:
As we can see in coinmarketcap's analysis tab (intotheblock website) (sorry I don't have enough reputation to post links) whales have the 96% of the total GRT which supports my accumulation of volume theory and the GRT network is growing nicely (4.27%). Other indicators are not-so good but overall the onchain metrics suggest that GRT is mostly bullish.
Exit for long:
The first take profit zone would be at around $1.9 and the final target would be at $2.38.
Disclaimer: This is not financial advice. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice and invest at your own risk.
BINANCE:GRTUSDT
GRT Looking great keeping an eye for key daily close!The graph is showing lots of life the past couple days and currently is looking great sitting in the 0.3 FIB level. Im looking for a very key daily close in aprx. 1 hour from now above the 0.3 we are currently at. In my mind this shows lots of strength and momentum to keep going up.The stoch RSI and the RSI are both looking great pointing up and the MACD is actually showing some real signs off flipping to bullish! GRT has been among the top market leaders the past couple days and i think we definitely can keep it up. Remember if BTC keeps showing some strength and heading up almost all the market will aswell. NFA just my opinion!
GRTUSDT look bullish!GRTUSDT (4H CHART) Technical Analysis Update
Waiting for the resistance line breakout
GRT/USDT currently trading at $1.70
Buy-level: Only buy after the resistance line breakout (Above $1.75)
Stop loss: Below $1.45
Target 1: $2.00
Target 2: $2.45
Target 3: $2.85
Target 4: $3.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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The Graph [GRT] support & directionHi everyone,
Looking at the 4H timeframe, after a strong bearish move when hitting its ATH $2.88 in Mid. February, GRT seems to found support at its 0.618 Fib. retracement (~$1.25).
In case we can hold the grey trend line as support, other important levels can be tested as highlighted in the chart.
As these corrections are normal market cycles, I am still bullish on The Graph in the long run!
Strong fundamentals:
> Migration path to Mainnet starting in April 2021
> Team expansion
> Integration Clover Finance
In case we fall below the lower grey trendline that acts as support, above set-up will be invald
🌜 Please like and leave a comment 🌜
This is not financial advice
$GRT The GraphThis one had a astonishing launch and directly became listed on all the major exchanges (binance/coinbase etc) on the day after release, so the fundamentals have to be good. If you are interested in altcoins, I suppose this one is one of the quality coins to have a look at.
Price has now be ranging after a quality pump, will be holding this one throughout the year and eventually add on dips if they come
Crucial Level For GRT to hold!GRT has been dumping for awhile now but i do believe some of this is due to market conditions as of right now, we are looking to hold the 0 FIB for the second day in a row and i think we definitely can. we have lots of room for a runup to the 0.2 FIB ultimately creating new support on the way up. If we do breakthrough the zero fib and drop we are looking at weak supports at the 1.06$ mark and 0.87$ (USD) i think we are going to really count on BTC reversing in the short term to start seeing some upwards action. we see our Stoch Rsi is just going sideways in the oversold zone. I expect April is going to be a lot better for the markets as March is one of the most "bearish" months. Not financial advice just my opinion!