GRT/USDTGood day to all, analysis of the GRT coin and its prospects. At the moment, in the pair to USDT, the asset price is moving in a downtrend, a bullish signal is formed for the intersection of ma 50 and 200.It is worth noting that the asset was bought off above the last zone of the beginning of the momentum.
consider the bitcoin chart to understand the medium-term outlook.
all that I think about the further movement of the price I have noted on the chart!
Consider the risks when working with this asset, do not enter into a deal for a large part of the depot!🙌
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GRTBTC
$GRT - Accumulation/ Possible Inverse H & S Pattern forming. Hello Traders,
Take a moment to look at $GRT.
#TheGraph has been n a sideways motion for some time now and has been accumulating.
You can see within the accumulation channel that the price action has started to narrow and the pressure seems to be tightening the up/ down movements to less volatility.
If the price can continue to form the inverse Head and shoulders, we could see a break above the local resistance at the top of the accumulation box.
Tomorrow will give us a great indication of what the rest of the week should look like.
Either way, I do think GRT is a ticking time bomb and we will see a nice up tick from now until the end of May.
Good luck!
GRT/BTC Potential upward channel. Previous trading idea + 300%GRT / BTC After an impulse of + 200%, a rollback now occurs, there is a squeeze and price "leveling". The price is near a potential breakout of the local trend downtrend. If the uptrend is held, an ascending channel may form with a step of 200%
The previous idea for this coin gave a profit from the entry point to the maximum impulse values of + 300%.
GRT / BTC Cup. Rollback. Potential "Cup with handle"
Ascending triangle formation under the cup resistance
Breakdown of the local triangle and price fixing above the resistance of the cup 121%
+300%
GRT/BTC ready for a parabolic run.As we can see GRT is almost ready for a big run towards the top here, targets are hard to pinpoint but based on the Fibs we should see a nice rise out of it, used the prev run as an indication. It is tightly consolidating now into and near the top trend line, it has already done 2 fakeouts and the 3rd one should be pushing it upwards.
Trade at your own risk, this is not financial advice, just speculation.
GRTBTC consolidation below resistance is bullishobv breaking out from accumulation phase
rsi bouncing off trend, coiling, prepping for move over 50
original bullish trendline squeezing price up towards sr zone
fundamentally strong coin should surely see a move this szn
should see a strong move up this weekend!
1st two targets are 27% and then 59% against btc
wouldnt be surprised if they both hit in the same day
invalidation below the .382 fib level
GRT SEEMS READY TO BOUNCE FROM THE RETEST AND MA200I am waiting a bounce after the confirmation with the upper line of the parallel channel. This line also holds MA200 support in this time frame. There is also a strong support behind the upper line of parallel channel. The price may touch there and then bounce.
RSI indicator is also following the trend. Touching the RSI trend line is possible. However the RSI value seems already low. Hence this level of RSI supports a bounce, too.
Resistance Bounce or Straight through and up?Low ceiling at 3900+ sats, which might cause some trouble as GRT tries to move up.
Will it be rejected, come back down to test the support trendline before punching through to new ATH.
Thinking about placing orders as we punch through the 4000 sat line.
TP will depend on where we smash through, but expect it to hit the upward sloping Trendline.
GRT and CHR a good combo for coming weeks - Altseason 2021#GRT #CHR
If you find a chart to compare in #Fractal way with UNFI, you have a lot of chances to get that same parabola.
You need 2 conditons : its a new comer in the market AND it didnt get more than 1 SOS.
If you look at phases of parabola, there are SOS (signal of strenght) showing a pump is coming to overcome the last peak.
The first SOS (where CHR is now) is the stongest. Each SOS pump after is weaker in terms of gains %. GRT is at 2nd SOS now.
We got to ride UNFI from 5$ to 20$ and it was quick. Same is coming for GRT and CHR is like UNFI from 3.75$ to 15.50$.
GRT still waiting for daily close aboveStill waiting for the daily close above the upper channel's descending trend line/flag.
We touched the trend line drawn from back in Jan 2021 and respected it beautifully with a wick back up. This level was also around the 0.618 fib.
Short term targets once broken for leveraged positions will be as indicated by the two wicks TP1 1.974 & TP2 2.22 as indicated by the horizontal rays.
Once we see this break, it's go time.