GRT, Harmonic + HB Divergence playGRT, daily, targets identified per the potential bearish butterfly and RSI Class A HBD now scooping back up. The RSI trendline does dip slightly, not level. Welcoming feedback as always.
GRTUSD.P trade ideas
GRT dying to bust outThe graph has been consolidating in this bullish flag for almost an entire month. Two possible scenarios could playout:
First: GRT could bounce off the top trendline of the flag at $1.91 descending back to $1.65 price range, which has shown very strong support, before breaking out and uptrending to $2.54 price
Second: It bust through the top trend line passing $1.91 then on to retest $2.20 before ending up at the $2.45 TP
GRT - BULLISH CROSS ON STOCH RSI - WILL GO PARABOLIC!Chart says it all. Good fundamental and technical cryptocurrency that is also in Coinbase. This crypto is about to go parabolic once Bitcoin Dominance (BTC.D) drop down (please see chart below for Bitcoin Dominance). Whenever we see the Stoch RSI cross, we have a 100-400% increase in price. I can see this coin topping $18-20 Mid to end of year. Small cap coins has the potential to 20-30x compared to Large to midsize cap cryptocurrencies.
The Graph (GRT) will go Parabolic VERY SOON!
"Be fearful when others are greedy and greedy when others are fearful." -Warren Buffet.
$GRT moving at the bottom of the channel below EMA200 on the 4HIf it breaks the channel downwards things are looking bearish IMO
GRTUSD 16.03.2021 UpdateHello everyone!
This scenario sounds unbelievable even for me. But there are some factors that make this possible:
1. We are playing with the major support at the moment. Bulls have to hold it if there is some upward movement expected.
2. We are still just above 21 SMMA what indicates bullish market. Hope that it will not be crossed down and close daily candle below.
3. Price is moving in the giant triangle since ATH was reached in February. Suppose that we will not go below our support and 21 SMMA - then it will look like on my chart. If bulls will break it to the upward, this pattern will determine our target about $3.70
4. It is not fully developed yet, but it seems that there will be nice bullish RSI divergence
5. If you look at local highs on GRT, you could notice that there are some quasi cycles which lasts about 25 days each. Next high could be on April 3rd (25 days from last local high).
Yeah, i am aware that there is maybe 10% chance that this scenario will come true... Only time will tell. But in other scenario, if price will break below major support + 21 SMMA + triangle, I will change my attitude to bearish.
Remember, this is not a financial advice, only my point of view (one possible scenario).
You are welcome to comment, discuss and share your opinions. Please also follow me! Good luck!
GRT relabeled for the long sideways correction since Feb 12The long side ways correction that's been ongoing since Feb 12 is too long to be the fourth of wave 3. I've relabeled this correction as primary wave 4 which implies that the 3rd wave ended on Feb 12 and we should soon be starting a 5th wave. This makes wave 4 proportional to wave 2 of the same degree. There's no hard requirement that it has to be, but it is usually the case. The good news is that the target price range remains the same.
GRT: Buying OpportunityTime to buy in on some GRT while it's on sale (over sold). I'm expecting a bounce back up soon.
Everything depends on BTC's breakout or breakdown.
*** NOT FINANCIAL ADVICE ***
GRT due for a big moveGRT has gone through a cool off correction after hitting its ATH in beginning of Feb. we have been seeing recent pushes up in our candles and then coming backdown throughout the days, I am looking for a golden cross on the MACD hinting at upcoming big movement for grt, also tomorrow i think we could see price come back up as our Stoch RSI is coming back up from the oversold zone. Ema ribbons slightly up but for the most part pointing sideways. I expect us to see some nice movement in GRT soon. Worst case if we do break into the 0.2 FIB which the bulls have so far been holding we could see a little more of a drop somewhere in the 0.2 level, i think this is the more unlikely scenario but if it does happen i will be buying the dip! Not financial advice just my opinion.
Strong support$GRT has been holding this support level well. S/R flip upwards towards $1.85 will be the start of an uptrend. This falls on Bitcoin, but I think we should see a strong move up soon.
$GRTUSD - Wait for a breakout and go longHello everyone!
GRT is keeping near the lower edge of the symmetrical which is not a good sign for a token which wants to gain value.
Nevertheless, since there could be a strong volatility these days, I'm guessing that GRT will break below the triangle and from the nearest supports (see chart) will bounce back towards new highs.
The best point to keep in mind in all chart pattern trades is wait for a breakout, the best of the best is wait for a breakout and retest, so wait for a signal and perform the necessary trade.
I am GRT- action incomingThat's as far as I'm going to predict. Something will happen at some point in time, I can say with confidence!
Seriously though, This looks like a pretty strong structure. It looks to me like it will retest support, and if support holds I THINK it will get a good bounce because it's breaking the triangle right around where that lower trend comes into play.
Update on The GRT Buy Potential 70% Gain back to ATHScript Buy signal triggered 02/03/21, 13 EMA crossing up 50 SMA signalling strong buy sentiment back in the market. The GRT reached its ATH on 12/02/21 at $2.88, and has since retraced back down after a very parabolic move up to the $2.88 level, down to $1.32. During the downward move The GRT has shown resistance at key Fibonacci levels, testing the 200 SMA on the 23/02/21 just 11 days after this huge move to the upside. From the current price levels, there are 2 possible scenarios I can see playing out here after the 200 SMA level was tested.
1. We could see a push phase back to the ATH levels of $2.88914 or..
2. The more likely scenario of another test of the 200 SMA which would form a double bottom , further signalling and confirming our bullish bias back to the ATH levels.
*Update 03/03/21* The Graph did test the 200 SMA Again and has since triggered a strong BUY signal with the 13 EMA Crossing Up 50 SMA . New Fresh Highs Insight!!
Update 15/03/21
Currently The GRT is below the 200 SMA, we expect some downward pressure in the short term but expect the Bulls to be back in the market, If the 13 EMA crosses up this would be another strong buy signal back to the upside.
Note that the move back to the upside may be faced with some resistance specifically at the 0.382 and 0.7862 Fib retracement levels.
Overall The GRT is still in a bullish outlook long-term. Use the Buy Zone as a guide for the perfect sniper entry.
GRT - The Graph Is Headed DownThe Graph!
Target 1: 0.9967 ---- 0.9452
I have laid out a projection based off current price action
My projection is based off a few factors including order block analysis
Once we reach the price zone I will re-analyze for the next move
The Graph like many other alt coins are preparing for their next bull run
Hope you are getting your bags ready!
GRT: Making a move?After a month long consolidation, GRT is setting up for a move. This coin doesn't always move with BTC, but if BTC make a move towards new price discovery, GRT, along with other alts will most likely make move towards the same direction. Since Feb 12th high, GRT is moving within a downward channel, making lower highs and lower lows. The March 12th low could be considered as a higher low and price is looking to setup for at least a local higher high. Here are a few things to consider to play the next setup.
1. RSI might be setting up for a bullish divergence with price making higher low and RSI making lower low. It is not confirmed yet, until there is a daily closure above 2.19.
2. ADX is getting picked up since March 8th bottom. DI plus is moving above DI minus. If DI plus moves above 20 and DI starts to pick up steam along with RSI regaining the EMA line, it could be a buy signal.
3. Bollinger bands are narrowing as price is trying to move above the middle line. If price regains support above the mid line and the outer bands start to expand, along with RSI and ADX/DI confirmation, it could be a really good buy signal.
4. Finally a break above the downward channel while the other indicators are signaling buy. If it happens with some volume support, GRT could be ready for its next explosive move.
GRT has been extremely volatile with massive jumps and dumps. If this starts to move along with the positive market direction, this asset could provide one of the highest ROIs in the short term. The conservative target would be to test the last prior high, but it will most like not stop there. We might see several hundred percent move just like the prior two breakouts. I will be watching closely.
GRT Target $2.00+I know this is a stretch but she's got some steam! GRT appears to have a bull flag formation on the 15 min chart at the time of posting.
