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
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This is not financial advice
GRT
$GRT The GraphThis one had a astonishing launch and directly became listed on all the major exchanges (binance/coinbase etc) on the day after release, so the fundamentals have to be good. If you are interested in altcoins, I suppose this one is one of the quality coins to have a look at.
Price has now be ranging after a quality pump, will be holding this one throughout the year and eventually add on dips if they come
Crucial Level For GRT to hold!GRT has been dumping for awhile now but i do believe some of this is due to market conditions as of right now, we are looking to hold the 0 FIB for the second day in a row and i think we definitely can. we have lots of room for a runup to the 0.2 FIB ultimately creating new support on the way up. If we do breakthrough the zero fib and drop we are looking at weak supports at the 1.06$ 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!
GRTUSD primed and ready to go GRT has been having a lot of trouble lately but it has been gassing up for along ride. It touched the trend line 3 times and I believe the 4th time (labeled in purple) is where we take off. We have a couple key resistance areas but measured move out of this would put us above $3. This will only work if we break out to the top of the trend line and BTC plays nice. Good luck and happy trades. This is not trading advice
BULLISH DESCENDING TRIANGLE Descending triangles are mainly considered continuation patterns but they also can be used as reversals. This pattern starts with an initial impulse move followed by a point of consolidation. As price consolidates it makes lower highs and equal lows forming the descending triangle. The momentum builds up and usually breaks out back into the direction of the trend. If price does break back into the direction of the trend then look for a continuation and the target is the Distance Between The Mouth Of The Triangle Added To The Breakout but preferably I use a 100% extension of the first impulse move.
GRT getting ready for a big move!GRT has been trying to regain our long term resistance level but has been getting rejected multiple times, but i think grt is loading up for a big move we see the bollinger bands starting to squeeze and the stoch RSI has flipped as of right now to bullish and looking to explode out of the oversold zone. Aswell our wave trend oscillator is looking like we could see a reversal soon! definitely going to watching this one! we could see a really nice breakout here after recent downside and accumulation! NFA just my opinion
GRT 4 LifeHey guys no financial advise here. I just tell It like It Is. Check out the graph. Looks like It's gonna blow up hard shooting to the 3 dollar range. Possibly much higher TP so we will see. There was a breakdown In the structure which almost led to us breaking down out the pennant. So sad. But we've pulled back up and I'm fairly certain this Is gonna be one hard trip. Stochastic as of right now just had a super bullish cross at the 20 line. It looks sick af. Not much volume here. It's clear the bears backed after pushing Into some hard support Indicated by the gigantic supportish rectangle. Yet OBV Is starting to straighten out as net volume becomes positive. The derivative of OBV or It's slope at any one single point provides a solid Indicator for trend. Good luck guys. I'm Into a 10X margin position at 1.698. I need money to make my new dapp came. Plus an IPAD for digital Art because NFT's are hot af right now. As layer two scalability solutions grow rapidly Into the end of Q1 this trend I forecasted like a year and a half ago to blow tf up around now Is panning out. I've spend so much time and money on NFT's. Spend a year plus str8 learning so much stuff about Crypto. 16 hours a day sometime more. It was completely worth It. Here Is the first NFT that will be featured In my upcoming dapp trading card game which will donate 15 percent of profits to charity because Corona has been a real pain for many. Also It's very screwed up how It took so long to get many people to even touch crypto bcuz of such a high scam potential. Dualmine the mining site go figure literally was recently stealing ~66.6 % of their customers hard earned money. They have three shit dapp games plus a pos token called CRT which Is all they will pay out they decided. NTM It's completely centralized because their IEO didn't exactly go swimmingly. They have been manipulating prices and the CEO still can't seem to get It up. Tough luck bro. I have free documents proving said theft for anyone who cares. But be careful Dualmine Is trash. They made their own trash exchange In order toe even IEO. How sad. I will be happy to set my money with them on fire and watch It burn. If It mean's I get to wreck them too.
On a better note here's the NFT that Is going to be released In extremely low quantity as the man Is my hero FR... OH btw Dego Is pumping hard rk through the Bollinger bands on 15 min chart... tinyurl.com
THE NEXT ALTCOIN RALLY?Hi guys!
Today we are facing the total market cap, excluding BTC on the 4h time frame again. It is just a quick update on one of my thoughts. Do you think we just rise and repeat? The previous pattern, which in itself was a triangle with a bullish breakout, looks very similar like the current one. Many altcoins have a good looking set up right know, which would validate this idea.
Is the consolidation zone near its end?
Will the rally be as hot as the last one?
Have a great sunday.
Amo
GRT/USDT is getting Ready for 70% GainGRT/USDT is in reaching to a point of Bullish Reversal and its expected to hit its all-time high target around $3
Buying Zone: under $2
Sell Zone: $2.7-$3
Sell in parts.
it will gain around 70% profit from the current price point.
Best of Luck.
Disclaimer:
This is not financial advise, do your research and analysis before entering the trades.
You may lose all money if you enter into the wrong trades.