Graph: When Web3 hype come to this blue chip?GRTUSDT is drawing a giant symmetrical triangle on log scale, as well as a cup and handle pattern. It is stablized above 3D 21EMA. When it breaks out we are expecting a new ATH then 15-20usd by the end of this cycle.
Fundamentally, the Graph is an infrastructure really needed by blockchain world and Web3 era. It's like chainlink to the DeFis.
After play2earn and metaverse, Web3 hype will surely come. Don't miss the train.
GRTUSD
Trading Signal For GRTUSDT Trading Signal:
A Trading Signal is seen in the GRTUSDT The Graph
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1.025
⭕️SL: Close below 0.950
🔵TP1 @ 1.230
🔵TP2 @ 1.415
🔵TP3 @ TP 1.730 (long-term Target)
previous signal
If you liked our ideas, please support us with your likes 👍 and comments .
#GRT The Graph 1D Chart Breakout ready?The Graph (GRT) is one of the top 100 cryptos but it has been on a downward trend within a triangle pattern for many months. It seems we are near the apex of the triangle.
Taking the flagstaff from the last pump and moving it to the breakout area, it seems that the 1.618 fib may be reachable.
Also considering the fractal pattern from when GRT launched, we may be able to see massive gains.
Coinmarketcap on GRT: coinmarketcap.com
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
$GRT The Graph will FLYThe Graph $GRT
The Graph is an indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open APIs, called subgraphs, making data easily accessible.
If resistance broke 1,08/1,09 and can be support The Graph will flying. Price broke red lines idea failed.
Let me know what you think.
Dont forget to take profits. DYOR
MY MINIMALIST ANALYSIS OF THE GRAPH$GRT
10.22.21 1114H +8 SINGAPORE
ALERT: MARKED ENTRIES and EXITS FOR A SWING TRADE
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY), though you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators.
Price action, candlestick /bars, and FIBS alone will be sufficient as a major deciding factor for this MINIMALIST CHART.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
Thank You for your appreciation and support (Follows, Comments, and Likes.)
GRT 10x move incoming?Could the Graph be setting up for a massive move?
GRT has been consolidating since February and has formed this massive triangle.
A breakout from here has targets past $10. It has yet to retest it's all time high which would also move us to $3.
Still relatively small market cap. Important use case and has massive potential as a blockchain indexer.
GRT/USD - The Graph is lining up perfectly for a breakout! 🚀Key Support level: $0.70
Key Resistance level: $0.85; $1.24
The Graph (GRT) has consolidated in this large blue pennant since establishing its all-time high at $2.88 in February 2021. The price is reaching the end of this formation and a breakout is likely before November. Until that happens, GRT is constrained by the current support ($0.65) and resistance ($0.85) levels. The indicators are turning very bullish as well, giving confidence that a breakout is in the cards.
Technical Indicators
Volume: Volume is stable and any break above the current pennant will trigger a bull rally. If that happens on increasing volume, the breakout will be confirmed as soon as we close above the pennant with a green candle on the daily timeframe.
RSI: The RSI is curving up on almost all timeframes. This indicates a bullish price action and the price increase will only accelerate once we break away from the pennant.
MACD: The MACD on the three-day timeframe just crossed to the positive side. The last time this happened GRT doubled in price from its support line and rallied for a month (July-August). This makes a price above $1 very likely in the near future.
Bias:
Bullish. The current price action shows a clean break above the pennant is very likely which can be followed by a rally towards the next resistance level at $1.24. If the price breaks away from the pennant, it can also experience a throwback to retest the previous resistance (currently at $0.85). If that is successful the previous resistance will act as support going forward. On the other hand, a failed breakout will push GRT back towards $0.70.
Short-Term Price Prediction for GRT Price:
As soon as the breakout takes place, GRT should quickly push above $1 with the first resistance sitting at $1.24. The all-time high is still quite far away today, however, a strong rally on increasing volume after the breakout could quickly narrow the gap towards $3.
Trading Signal For GRTUSDT Trading Signal:
A Trading Signal is seen in the GRTUSDT The Graph
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.723
⭕️SL: Close below 0.645 or SL on uptrend breakout
🔵TP1 @ 0.925
🔵TP2 @ 1.074
🔵TP3 @ 1.499 (long-term Target)
If you liked our ideas, please support us with your likes 👍 and comments .
🌀GRT at key level // S. TriangleToday the price saw rejection from upper dynamic resistance which is also where 200EMA is. It is now trying to defend key level (0.79) but with ETH pulling back right now it might be hard to hold. No matter what happens a bigger move is coming which should give a clearer direction for upcoming weeks.
Entry: Buy if price reaches the lower trendline(green area) -- or buy on break 200EMA -- or buy later on a local pullback
Long-term targets:
TP1: 0.97
TP2: 1.10
TP3: 1.30
TP4: 1.74
TP5: 1.91
TP6: 2.18
TP7: 2.87 (~250%)
TP8: OPEN++