The Graph (GRTUSD): Graphing a beautiful picture to the skyThe graph(GRT) is an interesting project with good partnerships and adoptions by other crypto projects in the space.
You can always find a good Youtuber to explain this better than me. Please do look this up it is an interesting project.
Alright, let me get into the technicals now.
We had the initial resistance band around 0.4 USD since the start of the year. We successfully broke this and retested this twice now.
In the process, we also bounced back from the current resistance which is around 65 cents to 68 cents.
Currently, we are at our third attempt to break this resistance. We could possibly reach around 77 to 80 cents. At least one is required to maintain the sustainable bull run. What I mean by sustainable bull run is(Not expecting any super sharp drops).
Wait who am I kidding this is crypto expect the unexpected, expect parabola run, and a huge dump back to retest, if it doesn't retest the current resistance at least once now.
Also, looking at the pattern from the launch of GRT it is forming a huge cup and handle.
Considering how the market is moving now, the alt season seems to be completely here, and expect GRT to enter price discovery by next week.
I expect the price to move to as high as 1.15 to 1-25 USD before any form of correction or retest of previous resistance levels as support.
The volume isn't great now, but I expect good volume once it breaks beyond 70 cents.
Also, if the current resistance pushes the value down expect 50-54 cents.
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As always, not financial advice, just my opinion after understanding the chart technically.
Thanks for your time.
Stay safe, sleep well.
Good day.
GRTUSD
GRT IS CRUSHING MY PREDICTION , THIS IS AMAZING.hey guys the last couple days has been beautiful , i was telling you guys my analysis's has a lot involved ,
if i do all the typing i would lose you guys attention lol.
So starting monday i am going to make a video breakdown of the previous week of all of our "ROAD TO CRYPTO SUCCESS TRILOGY" .
i will also keep my daily weekday posts on them , i really thank you guys for all the love in the messages and comments ,
keep sending the messages , i promise to keep helping , i was told if you feel like something is missing , maybe you need to step up and do whats missing .
thanks again . so lets get into this post ,
this post is very simple it was just to let you guys know that the market is flowing perfect ,
i was expect tomorrow to be a down day , we may even wick down 20% possibly .
thats if we stick to my prediction of ATH by or around feb 1st , but i def want you guys to look into GRT/BTC ,
it doesn't make moves like GRT/USD but it is a key component to how The Graph gets its value and what controls the Supply and Demand of GRT ,
GRT's ICO was mainly BTC driven , being a ETH token , it gave BTC value after launch and we whales trade GRT/BTC ,
the main supply of GRT is taken by BTC holders , which hints the Market & BTC being down but GRT being on the rise ,
this is BTC holders taking taking the value , now this doesn't mean that when GRT/USD & GRT/BTC moves with or against each other ,
this just shows signs on which market is going to move , due to value , supply and demand ,
simply put 1 BTC TOKEN = 46,000 plus GRT TOKENS ( AT BTC CURRENT RATE @ 11:45 pm Jan 30 )
with one purchase they take over 46k tokens off the market , this is very much different from GRT/USD transactions ,
this is key to finding buyzones , and take profits , i know this has been a lot lol but any questions just let me know below in the comments ,
or just send me a message for detailed help , thanks again guys i really appreciate it .
if you are new here , thanks for viewing , don't forget to follow me for more . all messages and comments are welcome.
GRT wanting to retest its GR on the My previous target levels were reached ( see my previous analysis ). The current minor wave is collapsing for sure so GRTUSDT is definitely going to re-test some lower levels (see my targets below).
Here they are:
T1: $0.40-$0.42
T2: $0.33-$0.35
If T1 fails to hold, it's likely T2 will happen a couple of days later.
Good luck and trade safely!
GRTUSD on verge of breakoutGRT is testing the resistance line at 0.66 and looks to be within hours or perhaps minutes of breaking through. GRT was one of the leading indicators that started the surge in cryptos mid-January. Remember that we are in an Elliott third wave ... usually the strongest of the impulse waves carrying us to new ATH. Let's go!
GRT road to .90 ALL ABOARD lol , NEXT STOP ATH Hey guys sorry for the late post but i was looking into GRT and its seeming like it may be time for us to rise .
this is the first black bar after the Cup and Handle Confirmation ,
it may be my human nature of FOMO but i deff think this will be the last time we see these prices .
just like i don't think we are going to see .28 anytime soon ,
after all the BTC news i think BTC is bound to rise atleast 10% in the next 48 hours ,
i still think we can make our goal of ATH by FEB 1st.
GRT seems to be riding the road to .90 very steady ,
i even expected a lower drop , and the market rejected it and pushed up to .51
i hope we keep this steady pace to ATH its a 3 day countdown .
what do you guys think ? feel free to let me know in the comments .
if you are new , thanks for viewing , don't forget to follow me for more .
Also leave a like if you agree
GRT - 4h. Buyers are preparing for a new wave of growth.From January 18, the GRT market is undergoing a correction. After testing the liquid range of $0.63-0.66, sellers managed to lower the price of GRT by almost 40% . Investors did not panic during the correction of the previous wave of growth. This is confirmed by the volume of trades, which at the time of falling prices were much lower than during growth.
This fact tells us that the global reversal in the GRT market should not be expected. The price of GRT stopped in consolidation. Buyers are gaining strength for a new attack of $0.63-0.66 .
The critical range for this scenario is $0.49-0.5. Given the problems in the BTC market, we allow a breakdown attempt and a quick test of the $0.464 mark. In this case, the 4-hour candle should close above the $0.49-0. 5 range.
A negative short-term scenario will begin if the price remains below $0.49 . In this case, the correction will be deeper. The targets of the fall in the price of GRT we have described in our global idea :
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GRTUSDT (GRT) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- GRTUSDT is consolidating in a symmetrical triangle pattern.
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2), projected ascending channel resistance, fibonacci extension levels.
- Downtrend ⬇️: Horizontal support levels (S1, S2, S3).
GRT road to .90 (UPDATE) BUYZONEHey guys looking into GRT , its finally moving down to test or new support , this is where we watch , if it comes and holds this support , this is a defff buy zone , its alot of buying power to push the price , the buy or re-buy zone is only if the new support holds , if it breaks down lower it will be a even better buyzone , if you starts to rise we may have lost a buy zone but that means profit is coming .