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Grtusdt

GRT/USD - Consolidating before new push up!GRT has maintained its price very well above $1.5 which has acted as strong support and most recently we did not even touch it before buyers came in strong. On 4h GRT is looking bullish so I expect us to push at least up to the diagonal resistance just under $2. Once there we may be rejected before we can push up again. Nevertheless, GRT is very bullish as it has maintained its price very well and I'd expect us to break out of this descending triangle eventually. On daily the indicators are still bearish slightly so we need a bit more consolidation before we can turn back up and push higher. Volume is also lacking as we wait for this formation to break. Once we break, it's important to push higher than $2.3 as there we have a resistance at Fib 23% and previous highs. One we clear that, ATH re-test is next and possibly higher. I would not be surprised for GRT to move towards $5 long term. The bearish case is activated if we crash below $1.5, but I find that very unlikely. Hence my bias remain bullish so long we are above this key support. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
GRTUSDT 1D Bullish Harmonic Pattern FormingImportant points first: Bullish points: - KST is indicating a cross very soon, and it is near the 0.00 mark. Typically a cross under or at 0.00 going upwards is an indicator of a bullish push. - Harmonic Bullish pattern is forming and is bouncing off the 0.5 Fib support, so a push to a higher level is likely. - Most recent bearish push down over the past 5 days, the volume had been higher than the last push down, and yet it still held the ~$1.75 mark (0.5 fib level), this tells me bulls are still in control of this coin. Bearish points: - Bids/Asks are slowly decreasing over the week, in addition to a decreasing price, and decreasing volume. Therefore, we have 3 things it's falling in: Price, Volume, and Bids/Asks. This is a sentiment for weakening downtrend. Why does this make sense? Because Price has been slow creeping upwards from the recent lows. And a strong support around around $1.7 is being held. What do I do at this point? Wait for the KST crossover upwards on the daily. Wait for the MA 7 to cross over EMA 7. All of this indicating a time line of 1 week by March 20. If price shoots up and then downwards as drawn, then that confirms the bullish harmonic pattern (because it should have a push down after a rise to start the bullish run...all this is drawn). If candle closes below $1.6 this is a bearish push down for sure. So eyes on that too. I have already placed my buys, and for any one still waiting, give it a week. Wait for it close a candle above $2.05 and then place buys accordingly
Long
by BARSTrading
3
GRT due for a big moveGRT has gone through a cool off correction after hitting its ATH in beginning of Feb. we have been seeing recent pushes up in our candles and then coming backdown throughout the days, I am looking for a golden cross on the MACD hinting at upcoming big movement for grt, also tomorrow i think we could see price come back up as our Stoch RSI is coming back up from the oversold zone. Ema ribbons slightly up but for the most part pointing sideways. I expect us to see some nice movement in GRT soon. Worst case if we do break into the 0.2 FIB which the bulls have so far been holding we could see a little more of a drop somewhere in the 0.2 level, i think this is the more unlikely scenario but if it does happen i will be buying the dip! Not financial advice just my opinion.
COINBASE:GRTUSDLong
by JacobR905
3
$GRTUSD - Wait for a breakout and go longHello everyone! GRT is keeping near the lower edge of the symmetrical which is not a good sign for a token which wants to gain value. Nevertheless, since there could be a strong volatility these days, I'm guessing that GRT will break below the triangle and from the nearest supports (see chart) will bounce back towards new highs. The best point to keep in mind in all chart pattern trades is wait for a breakout, the best of the best is wait for a breakout and retest, so wait for a signal and perform the necessary trade.
KRAKEN:GRTUSDLong
by realMarketSurfer
2
UPDATE for GRT. Bulls held the 0.2 FIB!Yesterday i came out with some TA talking about how we saw a 10% drop for GRT and how the bulls needed to hold the 0.2 FIB level, and they did exactly that we are seeing a very nice recovery as of right now, the most ideal situation would be to push higher and close above the 0.3 FIB, unlikely for today but i believe we will see a good close and then push forward in the coming days breaking through the 0.3 FIB. We see the Stoch RSI is right about in oversold territory and i expect it to come back up soon. ichimoku cloud continuing with support and our EMA ribbons are pushing up with bullish momentum! If you bought the dip yesterday you are already in profits! NFA just my opinion.
COINBASE:GRTUSDLong
by JacobR905
2
GRT bulls got to hold this level We saw aprx. 10% drop today for the graph which provided a decent buying opportunity and we held and closed our daily candle above the 0.2 FIB level shown by the 2nd most recent candle. now we will see if the bulls can hold this level going into tomorrows daily close. We still also have support from the ichimoku cloud going sideways. If we were to close below the 0.2 level there is a chance we could see a pullback to the 0 FIB, i doubt we will and if we do i imagine it'll get bought up very quick and then we could start to see a climb back up. NFA just my opinion.
COINBASE:GRTUSD
by JacobR905
4