Thegraphprotocol
TheGraph Protocol- Keep things simple.
- Big projects take time but will make the safest rewards.
-------------------------------------
Medium Term Targets
-------------------------------------
TP1 : 0.5$
TP2 : before 1.8$
-------------------------------------
SL : No need
-------------------------------------
Happy Tr4Ding !
TheGraph Again- i will add a link in comments to my older GRT analyse where we got a rejection around 1$.
- To make it quick. GRT is reaching a buy Zone, but like always you have to check TheKing Movements.
------------------------------------------------------------------
Trading Parts :
------------------------------------------------------------------
Buy Zone 1 : 0.65 ( Now ) (not all in)
Buy Zone 2 : 0.55 (All in)
TP1 : 1.2$
TP2 : 2.2$ (only if we have a strong breakout)
------------------------------------------------------------------
Stop : 0.45$
------------------------------------------------------------------
- Personally i don't set Any Stop Loss in Cryptos, i rebuy more coins/tokens at lower price, cryptos are terribly fast, sometimes just with a fast "Dip Wick ", you could lose money that you could win back in few Hours / Days, everything is depending on your own strategy.
- Stay Safe and invest wisely.
Happy Tr4Ding !
The Graph (GRT) Update 17/10/21: 260% Gain back to the ATH The Graph (GRT) Update 17/10/21: 260% Gain back to the ATH @ $2.88 from the current price level. Since reaching its ATH on 12/02/21 at $2.88, The Graph has experienced moderate retracements in the range between the 38.20% fibs and 78.60% fibs from 12/02/21 to 12/04/21 (from $2.88 to $1.39 50% drop before the May crash). As we saw across the whole market, GRT was heavily affected by the May crash as we saw a lot of fear and panic in the market. More importantly, since hitting its ATH after being shortly launched (18/12/2020), The Graph has not yet even recovered from the retracements between 12th Feb to 12th April, instead The GRT had a further 65% drop from $1.39 (17th May 2021) to $0.48 (20th July 2021). During this downtrend The GRT has retested the bottom at $0.48 3 times forming strong support at the $0.48 price level and a bullish triple bottom chart formation. From the current price we expect the 13EMA to cross up above the 50SMA signalling a Strong Buy Signal for GRT with a potential of 260% gain back to the ATH from the Buy Zone. Please find Our Key Price Targets Below:
Short-term targets
🎯$1.68 111% Gain from the current price
🎯$2.88 260% Gain from the current price
EOY/Q1 2022
🎯$6.76 756% Gain from the current price (261.80% Fibonacci level)
🎯$10.64 1232% Gain from the current price (423.60% Fibonacci level)
$1K investment at the current price would give you a value of $12,320 when The GRT reaches the full fib extension at $10.64. Use Buy Zone to map your entry. Happy Trading :)
TheGraph Yes but Waiti was surprised by the weakness of one this big project while BTC was correcting.
No impulse, No rage, No Surprise. Stayed in perpetual weak downtrend for now.
------------------------------------------------------------------------------------------------------------------------------------------
- So i will give a trading simple way :
- Should wait GRT break his Downtrend and pass 1$ to invest in.
- TP1 : 2$
- TP2 : 3.5$
- TP3 : 4.8$
- The new GRT Bottom should be around 0.45$ but have to be prudent in cryptos.
- In Any of this cases if BTC makes a fast Dip (BearTrap), i suggest you to keep some Cash to get GRT around 0.2$.
------------------------------------------------------------------------------------------------------------------------------------------
Stay Safe
Happy Tr4Ding !
GRT - Cliffwalking ShortI don't know what this is and I don't think it really matters The Graph - ok. This is a very weak chart, similar to ETH but much worse. Price is hovering under 1hr 50ma which in a downtrend it probably won't cross, and almost all support has passed and is now resistance. VPVR shows there is very little support, so this could walk straight of a cliff shortly and in consideration of BTC BTC.D that might be quite soon.