GRT
🔥 GRT Triangle TradeGRT has constructed a nice triangle on the H1 chart. It would be too early to trade this break-out, so I'm expecting that GRT will hit the bottom support level again before finally starting a new bullish push upwards.
Happy trading!
GRT to THE MOON! Elliot's wavesI'm GRT's holder from 0.4$
We can sell at 10-13$ zone as next targets.
We're at the end of the 4th wave.
5th wave must be 10-17 zone, extensive 40-50$ Then, is not a good idea to buy again, at least we have enough geometrical confirmations.
See you!
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.
The Graph to BreakoutSince All time highs we have seen a 618 fib retracement, the MACD is now looking to turn around and push to the upside. A break up from here is now looking favourable IMO.
Targeting $2 is the first big hurdle to conquer
GRT LONG TO 2.8$fundamental:
*Public data for decentralized application
*The Graph, as the best DeFi project, namely Uniswap (60% volume for ETH dex), Synthetix, AAVE or Curve
*2.7 billion $GRT staked
Technical:
*Symmetrical Triangle
*RSI rising
*Buy zone around 2$
The future?
*More and more dex paltforms
*According to DefiPulse, 9.2 million Ether—around 8.2% of the circulating $ETH supply—is now locked in the DeFi ecosyste
Objectif:
*Previous level at 2.8$
*Cancelled if support breaks at 1.5$
GRT - 4h. Sellers want to continue falling to $1.15The first wave of fall in the GRT market . We wrote about it in our previous idea:
Sellers managed to lower the price by 40% in 2 days and set a new local low of $1.3
The buyers managed to counterattack quite successfully. The critical point for continued growth is in the range of $2.13-2.26 .
From this range, a new wave of falling GRT prices may start. If buyers manage to keep $1.65 , they will have a chance to break the range of $2.13-2.26 and complete the correction in the GRT market. Otherwise, the price will continue to move within the white channel with the next target of $1.15
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GRT WEEKLY IS SO BULLISH :)GRT looks like it is on the verge of another impulse wave up!! The 0.5 fib retracement on such a high timeframe is a great place to go long, and the volume on the dip has dropped significantly signalling a reversal is just around the corner.
Play it safe and wait on the weekly close for an entry, or for those with less patience check out the current 4hr chart for a top tier entry around the 200-255EMA.
Expect to make money on this trade over the coming weeks.
If you liked this content please give me a follow!
Goodluck :)
If GRT closes below this level expect good buy opportunitiesGRT has broken below "long" term resistance and currently the 0.2 FIB level. If we do see a close below the 0.2 today we could expect to see a dip, the ichimoku cloud has begun to turn downwards and our stoch RSI is actually oversold so it'll be interesting to see what the close will look like. potentially could get bought up quickly to shoot the price above the 0.2 fib but is probably unlikely but who knows! Either way we will see a very sweet buying opportunity or continue on the accumulation track! not financial advice just my opinion
GRT/USDT Chart 18/03I'm not following GRT that much, but it looks weird that in this market condition it has been this still.
On the daily, volumes have been declining over the past weeks, except for a few spikes.
However, 13 and 34 MAs look like they may be set for crossing, which could bring some attention on GRT and push it to at least retest the 2.1 area.
Is there a triangle pattern going on? What do you think?
GRT - Send it!- GRT coming up off the golden pocket and;
- Confluence with previous minor demand
- plenty of upside room here, really good op' to buy the last discount.
Good luck!, Let's send it!
$GRT Sat at a decent support here in which pice has bounced previously.$GRT is also sat perfectly on the 200EMA, definitely one to watch the coming days.
GRT Technical Analysis GRT has been forming this massive symmetrical wedge for a while.
Price tested the support level and held strong.
MACD looks bullish.
Price consolidation above 100MA level would indicate further uptrend. Right now it is acting as a strong resistance.
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ARK invest and a few other institutions are HOLDING GRT. Any institutional buying of a coin gives it even more bullish potential.
long $GRT - 12 hour supportconsider longing the green rectangle. good r/r play - could even widen your stop, depending on personal risk tolerance. it all depends on king $BTC, though.
GRT will go up or disappoint us?!!!I think its appropriate time to buy GRT
Correction patterns have completed.
Now time to go up healthy.
DYOR please
GRT Descending triangle- bullish reversal incoming.This GRT/ GPB trendline I'm confident is about to break to the upside. A descending triangle is often interpreted as a bearish pattern, however in this instance I believe its a reversal based on a strong horizontal support line about 3-4 weeks old.
I often trade this type of pattern- and this looks like a classic. GRT when it goes- goes like a whippet.
GRT relabeled for the long sideways correction since Feb 12The long side ways correction that's been ongoing since Feb 12 is too long to be the fourth of wave 3. I've relabeled this correction as primary wave 4 which implies that the 3rd wave ended on Feb 12 and we should soon be starting a 5th wave. This makes wave 4 proportional to wave 2 of the same degree. There's no hard requirement that it has to be, but it is usually the case. The good news is that the target price range remains the same.
GRT due for a big moveGRT has gone through a cool off correction after hitting its ATH in beginning of Feb. we have been seeing recent pushes up in our candles and then coming backdown throughout the days, I am looking for a golden cross on the MACD hinting at upcoming big movement for grt, also tomorrow i think we could see price come back up as our Stoch RSI is coming back up from the oversold zone. Ema ribbons slightly up but for the most part pointing sideways. I expect us to see some nice movement in GRT soon. Worst case if we do break into the 0.2 FIB which the bulls have so far been holding we could see a little more of a drop somewhere in the 0.2 level, i think this is the more unlikely scenario but if it does happen i will be buying the dip! Not financial advice just my opinion.
ALTCOIN EXPLOSION & PSYCHOLOGYHello everyone!
Today is more like an informational post than one just about technical analysis. I will focus more on trading psychology since this point is more important if you wanna call yourself a successful trader.
On this chart you can see the total market cap, excluding BTC on the 4h time frame. I have hallmarked a typical cup and handle pattern. This one is easy to identify and performed well during this bull market so far. The cup and handle pattern is considered to continue the previous trend, which is clearly up. An inverted cup and handle is more likely to be seen in downward trends (bear markets).
So WHAT does this chart have to do with trading psychology now?
I have also made my lessons. A successful trader is losing too. The difference between a successful trader and a beginner is that the prosperous makes sure that the winning ones outweigh the losing ones and of course, he has a better mindset than the amateur. The advanced trader also knows how to read the charts and how to behave during times of blood. Everyone knows what's next, but only a few people will make it.
Do you know which kind of people?
- those who do not oversize/over-leverage (manage risk)
- manage timing/entry/sizing combined
- have a big picture in mind and act in relation to that ( pirmary-/ secondary-/ minor-trend)
- point 3 includes also a cold mind because every day you are making a decision about:
>Should I stay in the trade?
> Should I exit?
> Should I add some size because of discount prizes?
> Should I exit and wait for a better entry?
> Should I add more leverage because it is a ‘no brainer’ trade?
> Should I add some more positions because all coins show equal patterns and I am gonna be rich after that trade?
..Everyday you are asking yourself one of these questions in one form or another, whether it is consciously or unconsciously. A trader's mind never sleeps.
This is me for today. Hope you like it. Let me know in the comments below what I can improve.
Cheers!
