GRT finally gets a proper breakout - and RSI above 50TLDR: GRT breaks resistance with rsi above 50, yet BTC drop looms around, so it is best to wait for GRT to drop a little and find a support.
GRT has finally broken the resistance line from the top, and is near the bottom of the triangle formation.
The sell zones are highlighted on the chart.
Caution:
1 - To continue trending it must stay above the line mentioned in the chart.
2 - There is a high chance that BTC will drop to the 37k range, at which point GRT will come down to retest this resistance line it's been stuck under. This would be the most ideal time to buy.
Grtusdt
Small Cap alt coins trending, GRTGRT is currently showing strong signs of an uptrend where DMI and MACD are showing an positive trend and the RSI is showing signs of steam ahead.
Something to note is that this chart is dependent on the Bitcoin chart and if there is strong negative momentum in the Bitcoin chart may this change the berhaviour of the GRT chart.
There is an distinct bottom placed at 0.3503.
Entry slightly under the market price at around 0.39.
Stop loss roughly 5% under entry at 0.38 to 0.385 range.
GRTGRT - Overall Pattern is an ABC in which Wave B, which is a 3 wave structure is currently ending. Whether we will extend this correction will happen after we reach our target so reaching the target area is a sure shot.
Total trade has a potential of 4x. Stop loss mentioned. Currently in wave 4 of Wave c of overall Wave B. We should see trend moving a little higher after which we should see a downtrend towards our target.
GRT - Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
WEEKLY: Right Chart
GRT is overall bearish however, it is approaching a strong demand zone in green so we will be looking for buy setups on lower timeframes.
DAILY: Left Chart
GRT is forming an inverse head and shoulders pattern but it is not ready to go yet.
Trigger => For the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated , GRT can still trade lower inside the demand zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GRT/USDT SCALP TRADE SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GRT/USDT SCALP setup. GRT looks good here. As you see BTC is retesting so it's worth taking some leverage positions with the tight SL.
GRT is breaking out from the falling wedge-like structure in 2hr time frame. Also, trade above 21 ma. So buy some here and add more in dips.
Entry range:- $0.40-$0.41
Target:- 10-12%
Lev:- 10x
SL:- $0.39
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Also, share your views in the comment section.
#GRTUSDT looks prime for 60% Rally!Welcome to this quick GRT/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to GRT/USDT 12hr chart update by CRYPTOSANDERS
As we can see from the above-mentioned chart that GRT/USDT created the head and shoulder pattern and broke the neckline and retested so in the current scenario we are expecting that get will go up all the way to $0.69000 means almost 60%.
So if it moves to the green zone again then it will be the zone to go long on GRT/USDT
entry:-$0.46330,$0.49780
target:-50% to 60%
stop-loss:-$0.42240
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.