Grtusdt
GRT has the fundamentals, will price follow?GRT is being called the "Google Of Blockchains" by some and while I understand its protocol use/function, Im more impressed seeing its current usage/integration in the most top used and fee generating protocols... similar to LINK's oracle, I think GRT might have a role as a pillar protocol in the greater DeFi/crypto ecosystem... regarding GRT/USD, we are looking at some price consolidation after breaking the previous 80 cent resistance and making an all time high at $2.89/GRT
I will continue to watch the price action and manage around any technical breakdown in BTCUSD price or GRT/BTC ratio but regardless of short term price moves, I'm leaning bullish if we continue seeing The Graph protocol integration, adoption, and dependance into DeFi/greater crypto. I don't have any specific short term price targets, but I did chart a possible parabolic path... will update as the price decides its direction, but if you want to learn more about The Graph and GRT, I linked a Finematics youtube video that does a great job of explaining the importance, usage, and potential of the protocol hope that helps, cheers!
The GRAPH - Google Of Blockchains? GRT Token Explained
youtu.be
GRTGRT trading inside the bull flag still and what we are looking for is a breakout, IMO we could see it continue to trade downwards inside the bull flag some more then breakout to the upside, we could very well see a breakout in the next coming days aswell, as we see the EMA ribbons look very strong and look like they wanna go up, Ichimoku cloud also leading creating some support
GRT/USD - Leg five towards $5. 🚀🚀🚀GRT has found a nice support on this massive wedge up.
We appear to be on the last leg in a Elliot wave up. This last push should comfortable take us anywhere around $5.
For that to happen we need to pass a few key conditions:
1. Move above the resistance at $2
2. Move beyond our current ATH at $2.9
Once we move above our current ATH, the sky is the limit and possible sell targets are on the chart, anywhere between $4.4 and $5.5 is a good area to have limit sell orders laddered.
Indicators are curving nicely up, once we cross on MACD on the positive side, we're good to push higher and move pass our resistance levels. We just need a bit more volume.
Enjoy the profits!
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Possible Triangle Breakout (GRTUSDT)It might be that this is a breakout on this triangle chart pattern. Since most altcoins are correlated to BTC or ETH, I will be keeping a close eye on them as well. However I am bullish on BTC and ETH (take a look at my profile to see BTC and ETH analysis from today). Not financial advice, Cheers ✌️💫🚀.
GRTUSDT ‘The graph’ long speculationRecently announced parachain with dot, more fundamental news pointing to this coin being undervalued perhaps, saw a break, retest now it looks like we are seeing rejection and we are just waiting for the consolidation. Prob in the W form previously mentioned (all these coins seem to like it). TA pointing good (although we don’t even have a 100 day moving average this is how new this coin is lol). Mid term levels noted. This is another long term coin that I will look to take partials along the way. If you wish to know any of my longer term levels on Grt or any other questions don’t hesitate to dm. This is not financial advice. Happy trading!
Ngs
GRTUSDT: Scalpers key levels Hello Traders!
This is the key level for scalpers for GRTUSDT.
Scalp with care. Find a pattern or strong candlestick pattern to enter this trade near these key levels.
Levels are derived from some secret methods.
If you are scalping with the care then you will not lose any Trade.
Good luck traders.
GRT/USDT GRT/USDT broke out of a symmetrical triangle w/ 20% but got rejected at pitstop 2 due BTC dip. This gives a good entry close at the resistance. Because GRT is at the apex of the triangle SL should be robust (below support line) & tight.
If BTC stays stong or goes sideways w/ stable or decreasing BTC.D it is likely GRT will reach higher prices as TP2.