Grtusdtlong
GRT/USDT bulls are you strong enough ?GRT / USDT
Technical Analysis 🌟
Price rejected down today after bulls failed to break trendline
strong daily support area = 1.90$ -1.80$
Price likely will visit this area and if bulls show strength and hold it we expect another try for a breakout
If price close daily below 1.80$ then we expect dump
Hope this analysis help
Best wishes
GRTUSDT (4H chart)GRTUSDT (4H CHART) Technical Analysis Update
GRT/USDT currently trading at $2.09
Buy-level: only buy after Resistance line breakout (above $2.20)
Stop loss: I will update once I see the breakout
Target 1: $2.60
Target 2: $2.85
Target 3: $3.00
ALWAYS KEEP STOP LOSS...
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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
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.
GRT/USDT Bullish Broke out and my Target is 76% form here#GRT/USDT TA Update:-
#GRT looking good in LTF.
Now Brokeout the resistance level of bullish Pennant.
If you want to 100% safe trade then If 1 hours candle close above $2.275 then best entry.
I am targeting 2 Points for Profit.
1st :- 20%
2nd :- 76%
Entry:- $2.23-$2.25
Targets:- $2.44/$2.73/$3.97
Stop Loss:- if Any 1 hours candle close below $2.08 then I will exit.
Otherwise I will hold.
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Thank you.
GRT.USDT (Y21.P1.E2).Looking promisingHi All,
A continuation of the previous post, link supplied below
I'm not that confident with the BTC gray cloud hanging over us but I'm there is a possibility BTC will hold and hence open the door for the ALTs for a little longer.
I"m waiting for some more clues before jumping in more... I bought the dip.
I will update this post as things develop.
All the best,
S.SAri
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