The GRT Buy Potential 70% Gain Update on courseThe GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
GRTUSD
GRT/USD - Leg five towards $5. 🚀🚀🚀GRT has found a nice support on this massive wedge up.
We appear to be on the last leg in a Elliot wave up. This last push should comfortable take us anywhere around $5.
For that to happen we need to pass a few key conditions:
1. Move above the resistance at $2
2. Move beyond our current ATH at $2.9
Once we move above our current ATH, the sky is the limit and possible sell targets are on the chart, anywhere between $4.4 and $5.5 is a good area to have limit sell orders laddered.
Indicators are curving nicely up, once we cross on MACD on the positive side, we're good to push higher and move pass our resistance levels. We just need a bit more volume.
Enjoy the profits!
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The GRT Buy Potential 70% GainThe GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom, further signalling and confirming our bullish bias back to the ATH levels.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
GRT - Looking to Breakout -- 30% PotentialHello Traders,
GRT has formed an Inverse Head & Shoulders pattern on an hourly.
Following a trendline, as long as it can keep following and using it as support. We should see a breakout to the upside.
MACD is consolidating/ forming very tight movements, which will usually result in a bigger move.
I'm targeting somewhere around 30% gains from the current price point landing around $2.50+.
Good Luck!
The Graph (GRT) • Consolidation range waiting confirmation The Graph is an indexing protocol for querying data on Ethereum.
Currently sitting on #33 on CMarketcap this token seems to be doing some consolidation after significant pullback. In the video I talk through some possible scenarios and why I think it s still bullish.
$GRT, Set up for 1.4 BUY ZONE$GRT is in a falling wedge, hitting the .5-.6 Fib. Zone around 1.4, which is also being marked by previous support and resistance lines.
If $GRT isn't automatically lifted out of the dip with other alts, it should tap that 1.4 line before making its move upwards. Great Buy Zone
GRT: Target the same. Type of correction different.The market decided to do a head fake and invalidate the a-b-c-d-e contracting triangle correction. Instead it's either a w-x-y in which the correction is over now, or an a-b-c zigzag where c needs one more leg down before resuming wave 5 of 3 which I'm still targeting $4.80 - $6.22. Looking at how BTC quickly reversed today's plunge (... at least so far), I'm favoring that the correction is over, but of course, the market has the final say. The other thing in the back of my mind is two words: Stimulus Checks!
GRTUSD: Incoming BullHello Investors and Traders,
The last few GRT post have been winners. GRT do not look like it will wear out anytime soon. If you compare GRT to ETH and BTC, the ratio will suggest GRT will continue higher. We see a continual lower highs the last few days after the recent mega pump. There a few target area for GRT. We will eventually see $4, but we will see if we can make all new highs before we can aim for $4. We will see if GRT will fall back down again after touching ATH and proceed from there.
Let me know what you think.
GRTUSDT (GRT) - BUY ENTRY ANALYSIS 🔎
- GRTUSDT is consolidating in a symmetrical triangle pattern.
- Price bounced off the symmetrical triangle's inclined support.
- Price also brokeout above descending trendline resistance.
- There's a possible retest of the symmetrical triangle's inclined resistance.
- The current uptrend is support by the ascending trendline support.
BUY ENTRY ⬆️
- Market price.
TARGET 🎯
- The symmetrical triangle's inclined resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
GRT/USD - Can we push above resistance? If yes, BULLISH!GRT is looking good, we broke outside this descending triangle and now we are brushing against the previous channel resistance.
If we manage to push above it, we will surely re-test the current ATH level and if we go higher still, we enter price discovery = very bullish!
The indicators are looking VERY good. On 4h we just had a nice MACD cross on the positive side, RSI is going up and we did the break-out on good volume... not bad.
This move has legs and if we push higher from the current resistance, we should be good to re-test ATH.
It's good to explore longs for GRT if given the chance (say if we get a pullback).
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GRT: Target zone for end of third wave $4.80 - $6.22In my previous post, I targeted $3.38 for the next Fibo stop (4.618 extension from 1st wave of wave 3 of 1 degree larger). Technically, that could mark the end of the 3rd wave, but I think that's unlikely the end. Wave (1) of this 3rd wave took 7 days, and if wave (5) is on the same order, a move to the 6.618 or 8.618 extension looks more likely, giving a price range of $4.80 to $6.22, respectively. That's at least double the current price within roughly the next couple of weeks or so.
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GRT/USDT 12% up within 3 hours guys..Congrats for Instant profit#GRT/USDT profit update:-
$GRT currently trading at $2.47
And our 1st Targets has been achieved.
12% pure profit within 3 hours.
Entry:- $2.23 ✅
TP1:- $2.44 ✅
Still more rooms for upward sideZ
But safe trader can book profit.
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GRT/USDT Bullish Broke out and my Target is 76% form here#GRT/USDT TA Update:-
#GRT looking good in LTF.
Now Brokeout the resistance level of bullish Pennant.
If you want to 100% safe trade then If 1 hours candle close above $2.275 then best entry.
I am targeting 2 Points for Profit.
1st :- 20%
2nd :- 76%
Entry:- $2.23-$2.25
Targets:- $2.44/$2.73/$3.97
Stop Loss:- if Any 1 hours candle close below $2.08 then I will exit.
Otherwise I will hold.
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Must follow me for latest crypto real time updates.
Thank you.