Grtusdt
GRT/USDT Break Falling wedge, Bullish Momentum for The Graph💎 GRT has successfully broken out of its falling wedge pattern and the breakout has been confirmed. Currently, GRT is in the midst of an upward trajectory, having already completed its retesting phase and bounced off the support trendline.
💎 For further confirmation, it's crucial for GRT to break through the existing resistance area. If this occurs, it's likely that GRT will easily reach the bearish Order Block (OB) area or Target Price 2 (TP2). However, if the price faces rejection at the resistance and reverses, it may revisit the weekly OB area, providing an opportunity for additional accumulation.
💎 The bullish scenario would be invalidated if GRT's weekly candle closes below the weekly OB area.
GRT ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the GRT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#GRTUSDT (Watchlist) 7-2023GRT is the native token of The Graph, a decentralized protocol for querying data from blockchains. It is an ERC-20 token on the Ethereum blockchain, and it is used to allocate resources in the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake.
Total supply: 10 billion GRT
Circulating supply: 9.062 billion GRT
Max. supply: Not available
Market cap: $1.064 billion
Trading volume: 133.5 million GRT
Latest news
The Graph partners with Alchemy to simplify data access for developers. This partnership will make it easier for developers to access data from The Graph, and it will help to grow the ecosystem.
The Graph launches the Subgraph Studio, a tool for creating and managing subgraphs. This tool will make it easier for developers to create and manage subgraphs, which are the building blocks of The Graph.
The Graph announces the Graph Foundation, a non-profit organization that will support the development of The Graph. This foundation will help to ensure the long-term sustainability of The Graph.
Add BINANCE:GRTUSDT to your watchlist.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
GRTUSDT Probability vs Risk/Reward💎 Currently, #GRTUSDT finds itself in a sideways movement, oscillating between the support and resistance levels for the past 8 days. Notably, the support level has been respected multiple times, including today, signifying a strong and persistent buying pressure.
💎 However, buyers should exercise caution as this opportunity requires a very strong confirmation of an uptrend before taking any action. Ideally, a break above the resistance level would provide a more compelling signal to look for a high-probability buy setup.
💎 Nevertheless, a great risk/reward setup is already in place, and those who are comfortable with higher risk may consider buying #GRT at this point. At MCP team, we focus on both high probability and favorable risk/reward setups, giving us an edge in cryptocurrency trading.
💎 Overall, the buying opportunity for #GRT is quite attractive in terms of risk/reward, but the probability of a significant uptrend is not exceptionally high. In any case, we will continue to closely monitor the price action and, as always, keep you updated.
#GRT/USDT 12h (Bybit) Symmetrical triangle breakdown and retestThe Graph got rejected on resistance forming a shooting star with an overbought RSI, retracement down to 50MA support seems in play.
⚡️⚡️ #GRT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.8X)
Amount: 5.0%
Current Price:
0.12445
Entry Targets:
1) 0.13580
Take-Profit Targets:
1) 0.10715
Stop Targets:
1) 0.15015
Published By: @Zblaba
CRYPTOCAP:GRT #GRTUSDT #TheGraph #AI #Web3
Risk/Reward= 1:2
Expected Profit= +80.2%
Possible Loss= -40.2%
Estimated Gaintime= 3-4 weeks
thegraph.com
GRTUSDTThe current situation of BINANCE:GRTUSDT (Graph Token) is as follows:
A few days ago, we witnessed an unsuccessful breakout that led to a price decline up to this point. There has been a downtrend lasting for more than 150 days, but fortunately, we also have a supportive trend line with two strong supports.
we have a change of character from a downtrend to an uptrend, and we can confirm this with higher pivots that have been formed. However, this doesn't necessarily imply a reason for the price to go up.
In my opinion, a price of 0.105 could be a reasonable buying price with the target of retesting the downtrend line.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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GRT: Resistance BreakoutTrade setup : Trend appears to be reversing to an Uptrend. Following a bearish breakout from a Descending Triangle , price dipped as low as $0.09 but rebounded above 200-day moving average ($0.12), which could signal a trend reversal. Price could revisit $0.18.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.10, then $0.08. The nearest Resistance Zone is $0.18, then $0.23.
FLOW, FIL, GRTHello?
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(FLOWUSDT chart)
The HA-Low indicator on the 1W chart is about to form at the 0.678 point.
Therefore, when it is created at the 0.678 point, it is necessary to check whether it is supported around 0.638-0.754.
If supported, you can buy.
If you bought
1st: 0.871
2nd: 0.998-1.112
3rd: 1.315
Split selling is possible when resistance is received around the 1st - 3rd above.
Since the HA-Low indicator on the 1M chart is formed at the 1.701 point, a full-fledged uptrend is expected to begin when the price rises above the HA-Low indicator on the 1M chart.
(FLOWKRW chart)
The key is whether you can rise with support around 917-1015.
when it rises,
1st : 1160
2nd: 1315-1490.0
Split selling is possible when resistance is received near the 1st and 2nd above.
However, since the HA_Low indicator on the 1M chart is formed at the 2355 point, it is expected that the full-fledged uptrend will begin only when it rises above the HA-Low indicator on the 1M chart.
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(FILUSDT chart)
Looking at the 1M chart,
Support and resistance points are formed at 5.686.
Therefore, it is expected that the full-fledged uptrend will begin only when it rises above 5.686.
Looking at the 1D chart,
The HA-Low indicator on the 1D and 1W charts is close up.
And, you can see that the HA-High indicator on the 1D chart is also close.
So, if possible, I would recommend waiting for support around 4.404-4.698.
If you confirmed the support and bought it,
1st: 5.130-5.686
2nd: 7.230
Split selling is possible when resistance is received near the 1st and 2nd above.
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(GRTUSDT chart)
Looking at the 1M chart,
It is expected that the full-fledged uptrend will begin only when it rises above the 0.1636 point.
Looking at the 1D chart,
It gained support around 0.0974-0.1047 and rose.
thus,
1st: 0.1292-0.1355
2nd: 0.1606-0.1636
Split selling is possible when resistance is received near the 1st and 2nd above.
It is expected that the actual uptrend will begin only when it rises above the 0.1997 point formed on the 1W chart.
(GRTKRW chart)
The role of support and resistance is weak since the chart was created not long ago, so please refer to it.
It is expected that the upward trend will start only when it rises above 172, which is the volume profile section formed on the 12h chart.
If it declines, you should check for support around 130-136.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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GRT The Graph migration to ArbitrumIn my opinion, despite the majority support for The Graph Improvement Proposal and the planned migration to Arbitrum, there are potential concerns for the GRT crypto token. The shift to Arbitrum, as an off-chain solution, may introduce uncertainties and risks that could impact the token's value.
Furthermore, the support level of $0.052 could be a significant point to monitor, as breaching that level may trigger additional selling pressure and potential downward momentum for GRT.
Looking forward to read your opinion about it!
GRT LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the GRT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You