Grtusdt
GRT - Double Bottoming! GRT is currently in a descending correction leading back to our previous bottom. In July we thought we were in an impulsive phase of the market where we were going to see the next big bullrun. However, instead we made an ABC correction for another move down. The best place to look for buys would be the double bottom area between 4-5.
Trade Idea:
- Watch for price to make one more move down
- Look for bullish price action at the 4-5 level
- Enter with stops below the lows
- Targets: 1.200 - 1.700 - ATH
Do you agree with this idea? Let us know below!
The Graph: UpdatedI should have included price levels from previous sell-offs earlier this year (horizontal Blue lines). Original post linked below.
It’s interesting to note that these Blue lines fro previous sell-off intersect our trend-channel early next year. We’ll see if they actually have a “tale” to tell (at the “tail” of the channel) or not (in which case, they’re just a bunch of lines).
The Graph: A Tail of Two ChannelsRed and Green channels correlate to Bear and Bull trends. Obviously a descending channel can only go on for so long before it goes into negative number values, rendering it impossible; so we have the yellow and white trend lines which, hopefully, give us an idea of where our accumulation levels could bottom out if things get much worse.
Anything is possible, of course. This is not financial advise. (Does anyone actually give financial advice?) So you should talk to your doctor before beginning a course of crypto accumulation.
Long Hold on GRTLike a lot of altcoins, $GRT seems to be looking for a longer term bounce here, if RSI breaks white trendline upside should be confirmed and test those various fib levels. I think in the coming months GRT will definitely retest ATH. Short term, it all depends on how BTC behaves for now. We might experience a dip below triangle trendline (bear trap?) prior to price increase.
GRTUSDT, its going to complete Wave CGood evening guys
According to the chart you can see the price are in correction wave and we think we need more drop to touch to the prz level then the price is ready to go up and reach to the targets.
We will update the targets
As the price can suppport in first support area the best strategy for this situation is to buy in step by step to reduce average purchase
If you need any help, buy trading package and ... send us private message :D
Good Luck
Abtin
GRT floating on bottomIt's easy to pick a bottomed coin/token nowaday, basically most of them are but what isn't easy it's to pick the right project. I think GRT is one of the good one to hold for long as long as several L1s because it basically does something the cryptoverse needs.
Now, since BTC hasn't done a proper reversal yet I wouldn't reccomend you to go 100% in but at current level I think a 25-30% buy it's safe. After that you might keep an eye on this as it's clear that if weekly candle closes like this it'll make a lower low which is never a good thing. Notice that if history repeats itself we'll have a +100% in the next month and a half.
Good luck
GRTUSDT Technical Analysis💎 GRTUSDT has formed a symmetrical triangle. After the breaking above the major resistance and the triangle it is expected that the price will continue the bullish move
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💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.7613 - 0.6994
☕️ TP1 0.8418
🍺 TP2 0.9399
🍻 TP3 1.0451
🍾 TP4 1.1530
🍷 TP5 1.2500
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.6957 - 0.6359
Good Luck 🎲
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GRT Road to 2.85 & beyond Welcome to AHJ Chart Analysis
As last week we saw GRT-USDT drop over 31% and that is bearish for many but if we just zoom out we can see after breaking out it is very bullish for any coin to comeback and retest it as support.
We can see GRT-USDT held 0.236 fib and trendline beautifully. As market gets stable we might see GRT-USDT making its way to previous ATH.
Double Your Investment Ideas : GRT/USDtGRT is currently standing at the point where it can be bounce anytime and we could make at least 2x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
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Power of 2x .
$50 $100
$100 $200
$200 $400
$400 $800
$800 $1,600
$1,600 $3,200
$3,200 $6,400
$6,400 $12,800
$12,800 $25,600
$25,600 $51,200
GRTUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 1.2 - 1.5 - 1.7
after first target reached move ur stop to breakeven
stop: (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
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