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
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.
Is GRT gonna go into price discovery mode again?From the looks if it, GRT has formed a nice support on the old resistance line and looks pretty comfy. I’m just speculating, but seems this baby will break out to the upside sooner than later. Then-another PRICE DISCoVErY!! Hold on to your britches! *I don’t know anything, this is all just speculation. Do ur DD and take everything with a grain of salt!!
GRT.USDT (Y21.P1.E2).Looking promisingHi All,
A continuation of the previous post, link supplied below
I'm not that confident with the BTC gray cloud hanging over us but I'm there is a possibility BTC will hold and hence open the door for the ALTs for a little longer.
I"m waiting for some more clues before jumping in more... I bought the dip.
I will update this post as things develop.
All the best,
S.SAri
PREVIOUS POST
GRT 12h Made +600% will it grow more or is it time to fall?Less than a month has passed since the publication of the previous idea on GRTUSDT , and the price made x6
Let's figure out how it happened.
In the previous idea, we expected a 30% correction in the GRT price, received -25%, and the GRTUSD price began to turn upward.
The goal of the idea was x2-x3. And when the price of GRTUSDT reached there, it was too late to stop growth) Growth continued without stopping along at the levels upwards, as a result, +600% in 3 weeks, congratulations to those who earned!)
Growth is manipulative, without volumes - this is bad , when a reversal will occur, it is difficult to say with certainty.
It is felt that the price drop is close. Although lumbago up to $3.30 should not be excluded from the scenarios.
Nevertheless, in the future, the price of GRTUSDT will be pulled towards itself by the liquidity zone of $0.84-0.95.
Do not forget to take your profit from the market on time.
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