GRT/USD Possible play for the coming weeAs GRT continues trading with a high-volume on exchanges it is still a trader's favorite in this month. We are currently retracing from the bounce from .32 to .49. This could be the beginning of a new trend upwards.
The current retracement from .49 to .39ish has created a possible bull flag. If this is true we should be testing the highs of .49/.50 again.
The resistance at .50 is pretty strong, I see us hitting it within the next few days or so and then retracing back to .45 before making our way into .50s -- .60s levels.
All this depends if the bull flag at .38 - .40 is true.
We should have an answer within the next 24h-48h.
GRTUSD
GRT The Graph - Where to now? GRT - fairly new token/coin whatever this thing is but it is still within our play zone and is acting as expected. Seems like it moves in wedges. If you notice on the chart, each falling wedge looses its steepness with time and slowly starts pointing up. I have no clue what GRT does or what macro theme it has behind it so this is purely a momentum play for me. If this 4th falling wedge plays out like expected then we can "hope" for a relief rally to .60. All of these are just shit coins to me so if you expect moon and if you are a long term holder - May the 4th (wedge) be with you.
Good luck and Happy Sunday!
PS Do not trade based on pajama pants analysis that you see on TradingView. This is purely for viewing pleasure ONLY
✳️The Graph/USDT Analysis (27/12) #GRT $GRTGRT is in pretty bad shape as it is likely to fall to 0.25$ zone in the next few days, so we should not hold it but wait for a positive sign with a breakout at 0.45$
📈BUY
-Buy: 0.34-0.36$. SL if B
-Buy: 0.24-0.26$. SL if B
📉SELL
-Sell: 0.45-0.47$ if B. SL if A
-Sell: 0.34-0.36$ if B. SL if A
♻️BACK-UP
-Buy: 0.45-0.47$ if A. SL if B
-Sell: 0.6-0.63$. SL if A
-Sell: 0.8-0.84$. SL if A
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
GRT retesting;hey guys looks like GRT is retesting , if you haven't made the buy already , i would defff watch this area for a buyzone before our next stop . if you have been following with me , i would deff hold this is a pit stop on the road to .90
thanks guys , i apprieciate everything , keep sending your questions and comments , its no problem to help .
follow me for more forecasts and updates.
like if you agree
GRT Set up Looks like GRT loves to move in wedges. Each wedge breakout is powerful and looks like we might see another wedge formation before another MAGA breakout. Not much data to analyze so just speculation. It also seems like a lot of Ripplers are jumping into this one and ditching XRP positions
GRT/USDT - Wait for leg 5 to end then buy breakoutGRT has done a fantastic run after being listed on exchanges.
Now, as expected, we are in a deep correction which should come to an end soon, we appear to be on leg five in a 5 leg correction.
Once we reach a price level between 0.3 and 0.25 expect to find support and then if we break the descending channel we should look for longs at breakout/retest of channel top line.
If we fall under 0.25 support level, then we're in for a deeper +80% correction. In such a scenario we will find support around .10 most likely.
Merry X-mas everyone!
Like and subscribe!
GRT is still on the road to .90 ( Correction )just a update on the road to .90 .... If you notice i added a correction ray to the diagonal support
GRT is defff still following the trend , staying in the correct areas . still haven't broke the uptrend
LEAVE A COMMENT
GIVE ME A LIKE IF YOU AGREE
FOLLOW ME FOR MORE UPDATES
This cant get any better, with reward ratio of 1:4We are working with two Bullish Wolfewave inside Hourly charts. One of them already triggered and has a target near 0.90-1.20. The recent one "YET" to trigger above 0.55 is a short one that will help the bigger one fuel the ride and ends at 0.75
Stop is 0.40 for both of them, trade with your risk capacity. I am 200k long near average 0.46 so I am green already
GRT when to buy. Very clean AB CD pattern potential. Fib shows possible 1.18 price by end of the week. This would be a full completion of this patter. GRT has been moving independently of BTC and this could possibly continue. But it is also possible that it will drop if BTC begins to correct.
trading volume is very good which will make GRT very appealing to traders that want to convert out of BTC to something that is not moving sideways.
happy trading.
GRT , I HOPEI hope the positive news is heard, the Covid-19 news in the UK caused a sharp drop in all markets and I still have a positive uptrend, please trade with caution
***** After breaking the pink line: (respectively) *****
0.75
0.65
0.80
&
1$
-------
0.74
1
0.55
RSI is +40 and indicates the start wave of the climb