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GRT

GRT BULLISH FLAGHi everyone I know this dip made everyone's hearth jumped and those of us who has been in crypto for a long time got excited for this opportunity to buy more. We tested the bottom 2 time and both dips bought up very quickly. We have a bullish flag pattern being formed as I am writing this. The main thing to look for in this pattern is volume. Volume confirms major moves and the likely hood that a breakout will be successful. The second thing you have to look for is a defined descending trend line that you can watch as the point of breakout. This will be the top part of the flag Bull flag patterns do have a statistical edge if traded correctly but in the event the set up fails you need to know where to get out. There are a couple of different ways to manage this trade. The most common is to place a stop below the consolidation area. The other way is to use the 20-day moving average as a stop. So if prices close below that moving average then you would close out your position. Happy Trading Burak
KRAKEN:GRTUSD
by burakcakirr
8
GRT/BTC = A 600% Gain of Bitcoin!If you happened to be one of the very few people that caught the chart since early GRT, many people have said GRT would not make it over $1. It might have been 1 person, I forget. But either way, I bet it is on your radar now. GRT has a consolidation happening after last big move, of GRT/BTC. The goal here is to end up with more Bitcoin, and we are shooting for 1000%. As long as the bottom trend does not break, we should remain bullish for now. A correction WILL come, but hopefully not yet. I did take a little profit, as 600% bitcoin is a GREAT WEEK!!! Lets see what happens here.
Long
by Shwayze
20