GRTEUR Forecast: Short Opportunity Identified by EASY Trading AIBased on the EASY Trading AI strategy analysis, a sell opportunity is emerging for GRTEUR. The market entry price is targeted at 0.0833, aiming for a take profit at 0.08106667. A tight stop-loss is set at 0.08596667 to protect from unexpected reversals. EASY Trading AI utilizes technical indicators and historical data patterns, indicating bearish momentum and increased selling pressure around current levels. This scenario favors a downward movement, aligning risk management with a clear profit target and defined risk control. Caution and discipline advised for optimal trade execution.
GRTEUR trade ideas
GRT analysisIn the 1-hour chart, I analyze the fixed range volume profile for over 2 months. The highest trading volumes are clearly visible, which also makes the prices strong points. At the moment, it is at a support point, but if the downward trend of the last few days is followed, it is highly likely to rebound to the price of 0.1245 euros and then we may have an inflow of capital to go to the next strong level which is 0.1741 euros. If there is low volatility, and thus small trading volumes for the next few months until the halving, it is likely to consolidate at prices close to this level or even to the one below. From my experience with GRT, it will follow the latter.
The Graph hail maryThe Graph had a good run so far in the current bullmarket. Bitcoin has a lot of potencial of going exponential and alts are bound to follow (at least for some), the price surpassed 0.9 EUR making it a key support line.
The volume must catch up so it go exponential as always and the current level seems to show a retracement soon before picking up more momentum.
The relative strenght index appears to be a bit over extended. I have some doubts about using such metric in a market like crypto, but since it is one of the most popular indicators I cannot simply rule it out, futher extention is possible...
Thank you for taking your time reading my 2 cents. I encourage you to point out my mistakes and/or oversighs I might have committed as well as advices of what I should do addicionaly.
6.66€ By the end of the Month $GRT Looking very Good, very soon we gonna touch 3.5 and then next ath gonna be easily 6.66 with 8.3B Market Cap which is a reasonable target with this fundamentals, this project has a lot give. Let’s see what this Giant can do !!
Not a financial advice do your one research ♥️🤵🏻
GRTEUR - time for the new ATHTen days in pullback/consolidation - that is enough! We are in pretty nice channel but in short time we should see move to its upper boundary and break. First resistance at 2.17-2.20 zone and final target I think we reach until end of the month is 2.95-3.05 zone.
Not a financial advise, only my opinion. Feel free to comment, ask and share your opinion. Please, subscribe my ideas if you like it.
GRT The Graph waiting for bitcoin to have final runs upwardsI am not an expert, this is purely for fun and speculation, this is not trading advice. In my opinion, it's a matter of time till GRT has a pretty big run-up, the total market cap is quite decent, potentially can go to 10-20$ in the longer run 6-9 months time. WE will definitely see a retest on the lower support before this potential run-up.
Previous TA still holds, but might soon be time to buy littleHello hello,
The previous TA (Technical Analysis) is still valid, with the exception of the triangle, and I have updated that one to reflect the current trend line better.
Short summary of pointer:
The support line in blue has been proven and tested to hold, which is good. It means that this is an important support line now, and will be in the future as well.
The resistant line did not break into support, meaning the momentum is not strong enough; yet! Again, it proves the current resistant line is strong and valid, and that it will act as a good support if broken.
Price is still hugging the support line, which is not comforting as it has no buffer to move before breaking the support.
Conclusion
Personally, and this is not a financial advice, I am now starting to trust the support line more and that the near future price has a high probability of staying within some margin of current price. This is telling me that there is less risk if I were to buy a small bag now.
So, I am going to search the internet for some possible news coming to GRT that will give a bump and keep a watchful eye on the momentum indicators on GRT this week.
If the indicator are strengthening, I will buy to hold.
If it is not strengthening, but keeping "as is", I will buy a small bag just to have entered the market.
If the indicator are showing weakness, I will of course hold.
PS
Cryptocurrencies are correlated with the stock exchange and financial market, especially now that large companies are investing.
Therefore, the price action of any crypto is not only connected to its community, news, tech and interest, but overall stock market and gold and general volatility in the market.
It is a theory that large companies and inst. companies, are and will use cryptocurrencies to hedge both the stock market and the currencies (FIAT).
That is why it is crucial that you take these things into consideration before buying or selling after a TA.