Thegraph
Is GRT gonna go into price discovery mode again?From the looks if it, GRT has formed a nice support on the old resistance line and looks pretty comfy. I’m just speculating, but seems this baby will break out to the upside sooner than later. Then-another PRICE DISCoVErY!! Hold on to your britches! *I don’t know anything, this is all just speculation. Do ur DD and take everything with a grain of salt!!
GRTUSDTIf you followed my first idea in GRTUSDT, lets just say you made bank haha. Now we have an impulsive wave, the first mistake a lot of traders make is these follow the price, they rush in and get caught out. Now fibs are not always accurate in crypto given the volatility. but if you want to buy at a good price, see if price will fall back to .5 or the 0.618, this is better way to trade.
GRTUSD Price Discovery I am guessing 4.236 FibEx! You?BINANCE:GRTUSD
I'm going with the 4.236($3 zone) Fib extension to start because it's where they pumped THETA to.
Just a guess.
Market cap is roughly $1B at time of posting....People say this is like the google of blockchain!? That means big value.
$3B, $5B, etc....
Bitcoin DominanceHello.
Bitcoin Dominance on a support..
Bitcoin is looking pretty good and just trying to break out from an nice higher lows trading pattern. (added picture)
Many alts are looking really good too. Link, Eth, Grt.. (ATHs)
Curious to see how we keep moving from here, cause I feel like I don't have a clue ;)
3 scenarios which I see possible:
-Bitcoin takes more dominance and alts get weaker against btc
-Alts keep going up as bitcoin stays chill. I don't think Btc will stay chill
-Bitcoin and some alts gets stronger together.. Link, Eth, etc..
Right now markets actually see really really strong. I am little scared because of that.. But maybe it is just that there is ALOT of new money flowing in which actually I do think is the case.
How long this will last. Nobody knows..
If you are not holding for long term, or are trading use stop loss.
Otherwise you will get your ass burned!
Take care!
-Jebu
TheGraph wich way to 1$ ?all in graph like always.
Scenario 1 : GRT straight up to 1$
Scenario 2 : GRT retrace around 0.63$-0.65$ ( Fibo Retracement 0.5/0.68 )
i won't say wich scenario is the best to me this time so ... Tell me wich Scenario you believe in comments please. Thank you!
Happy Tr4Ding !
A nice time to get in on $GRT? Maybe!If we have to believe the Fibonacci sequence we can see that since the lowest point on the 15-minute timeframe we have started making higher lows. Together with a stagnating MACD, and a slightly overbought RSI we may be preparing for our next leg-up in this altcoin cycle.