Grtusdt
GRTUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market
target: 1.2 and 1.55
after first target reached move ur stop to breakeven
stop: ~0.67 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3+
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GRT 10x move incoming?Could the Graph be setting up for a massive move?
GRT has been consolidating since February and has formed this massive triangle.
A breakout from here has targets past $10. It has yet to retest it's all time high which would also move us to $3.
Still relatively small market cap. Important use case and has massive potential as a blockchain indexer.
The road to $6T Crypto Market Cap 2022 May: 20/10/21The road to $6T Crypto Market Cap 2022 forecast; On the 27th July we got further confirmation from the swing call script. We expect this move up to new ATHs to happen in 2 main push phases, the first a break above the 127.20% Fibs towards the 161.80% Fibs @ $3.985T. We can expect to reach the first target by eoy 2021/start of 2022. This may not be a as straight forward push as 2 push phases but several impulsive push phases with periods of accumulation and distribution maintaining bullish sentiment.
GRT/USD - The Graph is lining up perfectly for a breakout! 🚀Key Support level: $0.70
Key Resistance level: $0.85; $1.24
The Graph (GRT) has consolidated in this large blue pennant since establishing its all-time high at $2.88 in February 2021. The price is reaching the end of this formation and a breakout is likely before November. Until that happens, GRT is constrained by the current support ($0.65) and resistance ($0.85) levels. The indicators are turning very bullish as well, giving confidence that a breakout is in the cards.
Technical Indicators
Volume: Volume is stable and any break above the current pennant will trigger a bull rally. If that happens on increasing volume, the breakout will be confirmed as soon as we close above the pennant with a green candle on the daily timeframe.
RSI: The RSI is curving up on almost all timeframes. This indicates a bullish price action and the price increase will only accelerate once we break away from the pennant.
MACD: The MACD on the three-day timeframe just crossed to the positive side. The last time this happened GRT doubled in price from its support line and rallied for a month (July-August). This makes a price above $1 very likely in the near future.
Bias:
Bullish. The current price action shows a clean break above the pennant is very likely which can be followed by a rally towards the next resistance level at $1.24. If the price breaks away from the pennant, it can also experience a throwback to retest the previous resistance (currently at $0.85). If that is successful the previous resistance will act as support going forward. On the other hand, a failed breakout will push GRT back towards $0.70.
Short-Term Price Prediction for GRT Price:
As soon as the breakout takes place, GRT should quickly push above $1 with the first resistance sitting at $1.24. The all-time high is still quite far away today, however, a strong rally on increasing volume after the breakout could quickly narrow the gap towards $3.
GRTUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
GRTUSDT Technical Analysis⏳ Spot
💎 GRTUSDT has formed a symmetrical triangle and a descending channel. After the breakout it has got rejected from the Support line by a large green candle. it seems that it is going to form a Bullish flag on the lower TF. After the breakout I am expecting more bullish move
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🎳 Entry at Market or at 0.7333
☕️ TP1 0.8888
🍺 TP2 0.9696
🍻 TP3 1.1111
🍾 TP4 _______
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.6660
Good Luck 🎲
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Trading Signal For GRTUSDT Trading Signal:
A Trading Signal is seen in the GRTUSDT The Graph
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.723
⭕️SL: Close below 0.645 or SL on uptrend breakout
🔵TP1 @ 0.925
🔵TP2 @ 1.074
🔵TP3 @ 1.499 (long-term Target)
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🌀GRT at key level // S. TriangleToday the price saw rejection from upper dynamic resistance which is also where 200EMA is. It is now trying to defend key level (0.79) but with ETH pulling back right now it might be hard to hold. No matter what happens a bigger move is coming which should give a clearer direction for upcoming weeks.
Entry: Buy if price reaches the lower trendline(green area) -- or buy on break 200EMA -- or buy later on a local pullback
Long-term targets:
TP1: 0.97
TP2: 1.10
TP3: 1.30
TP4: 1.74
TP5: 1.91
TP6: 2.18
TP7: 2.87 (~250%)
TP8: OPEN++
💡Don't miss the great buy opportunity in GRTUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.7387).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GRTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.8684
TP2= @ 0.9215
TP3= @ 0.9881
TP4= @ 1.0653
TP5= @ 1.1627
SL= Break below S2
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💡Don't miss the great buy opportunity in GRTUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.7387).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GRTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 0.8684
TP2= @ 0.9215
TP3= @ 0.9881
TP4= @ 1.0653
TP5= @ 1.1627
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️