Graphing the GraphI have a love-hate relationship with the Graph.
It’s been in a downwards channel since reaching its ATH in February! It looked like it would break out just when the last BTC dump happened on April 18 and has been recovering since.
Is this finally it? Is the Graph finally going to start moving upwards again?
It appears to have caught a trend line that’s moving the price action upwards and could finally push it over the long line of resistance.
I see it hitting 3.70 but if it makes a similar move as before then 11.73 is in play.
GRT has shown to dump very hard when BTC drops in price and does not recover nearly as quickly as other coins do so be warned.
You can wait for a strong confirmation and possibly a retest of the resistance line as support before entering a long position.
The potential upside is huge so missing a few percentage points is not the end of the world.
The BTC pair looks promising as well.
BINANCE:TRXUSDT
Grtusdt
GRTUSDTbullish falling wedge
As you can see in the chart, the process has created a harmonica and it is very likely to follow.
Also, Jay currency, although short-lived, has shown that it can set good records.
So it seems that it has the ability to reach the previous peak or even set a new record, but it is necessary to break the ceiling of the trend as soon as possible.
$GRT/USDT 4h (Binance Futures) Descending trendline breakoutThe Graph has broken bullish, the idea is to catch it on the retest of TL and 50MA!
Current Price= 1.68407
Buy Entry = 1.64255 - 1.58745
Take Profit= 1.82989 | 2.02021 | 2.30295
Stop Loss= 1.47127
Risk/Reward= 1:1.5 | 1:2.82 | 1:4.79
Expected Profit= +26.62% | +50.18% | +85.20%
Possible Loss= -17.80%
Fib. Retracement= 1.272 | 1.764 | 2.414
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
GRT ready for next leg up towards ATH and beyondGRT/USDT just broke out of inverse head and shoulders pattern, looking to break upwards towards it's ATH and beyond $3.
The Graph (GRT) hosted service surpassed 20 billion queries in April as Web3 usage reached new highs, representing an explosive rise in dapps and Web3 adoption.
GRT THE GRAPH $3 soon !IS GRT on the way to breakout ?
GRT price has been surpressed for almot 3 months ! , it's been struggling to break the $2 area !
there's some movement and price action , there's some volume accumulating and some good news , there's a new exchange ( bitstamp )listing for GRT soon ..
Would we finally see GRT at $3 ?
'twitter . c o m /Bitstamp/status/1389592768750800900'
Don't waste your time🔥Get up and make money, folks🔥
There is an interesting trade opportunity on stock market.
Flag formation on GRT/USDT crypto pair.
There was a strong bullish sentiment before this consolidation.
After that price bounced from support and resistance zones multiple times.
Possible huge impulse expected after breakout.
So follow the chart and look for the breakout carefully.
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The Graph [GRT] Potential inverted H-S formationHi everyone,
Looking at the 4H timeframe, GRT seems to found support after a strong bearish move
As GRT was slowly recovering a possible inverted H-S formation caught my eye. When the inverted Head-and-sholder structural development rightly completes other important levels can be tested as highlighted in the chart.
In case we manage to break and close above the "Neckline" with the right price action and volume an important reversal can take place.
Be aware that this structure still needs proper confirmation!
Fundamentals:
> Succesfull mainnet migration of first 10 subgraphs (e.g. Audius project, UMA protocol,...)
> Integration with Fuse Network
> Scalable microtransaction system (Scalar)
> Integration with Celo blockchain
> Integration with MoonBeams
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GRT: THINGS COULDN'T BE UGLIER! SO, BE READY TO BUY!MA50, EMA50, and MA100 have turned into a formidable wall of resistance, not to mention the rest of the MAs and EMAs.
MACD has had a negative cross.
RSI showcases negativity.
Volume has dried up.
Support areas are designated in green, and resistance zones are in red.
This coin will live up to its reputation, and I have no doubt. You just need to wait and buy these lows with a well-though-out plan.
GRTUSDTthis alt has corrected almost all of its fascinating pump of money which means almost all of the money from whales came back into their wallets are they are ready with cash to enter again and do another pump, the chart shows bulls exist in the system and can hit higher high easily as can be observed in the chart so there is going o be 2 scenarios
1. the chart starts going to new records from here
2. there is going to be a big scale sideway and after that rest the chart goes for new records
anyway we enter here and watch our whales to shake this chart and make what we want them to do!
👉This idea has the confirmation of "advanced price action"
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