Potential upside move for GRTCup and handle formation which may lead to upside. DYOR.Longby Suidwal9913
$GRT Technical Analysis (BULLISH)What's up everybody! Thanks for taking the time to check out my detailed analysis of The Graph's $GRT! This is only my 3rd published Idea, but likely my most technical so let's get right into it! TL;DR at the bottom! It's looking like $GRT might be gearing up for another run towards the highly sought after level of $1 or more! Before this happens though, there are a few things that I personally would like to see that would give the next leg up a little more power... 1) RSI - 4H chart: The RSI gradually finding support between the 55-45 range. This would indicate a healthy, prolonged consolidation period and more room to rock back up to 80. 2) MACD - 4H chart: The MACD gradually forming another bullish cross between 0.024-0.01 would indicating a new upward trend beginning. 3) Maintaining Support: The bottom of the recent bullish pennant must hold as support. If it fails to do so, we will likely see a retrace the the mid-level or lower-level of the macro broadening ascending wedge. Using Fibonacci Extensions, I created Fib cluster ranges for the 61.8%, 78.6%, and 100% extension levels. For you swing traders, these can be used as Take Profit/reversal ranges that we will likely hit on the next run up. Coincidentally, when the $0.27 correction at the beginning of the ascending wedge is applied the average close price of the most recent pennant, a $0.27 rally would take us to $1.08... right in the middle of the extension clusters! TL;DR RSI and MACD could fall a little further before the next run. 55-45 and 0.024-0.010 respectively would be ideal IMO. Fib extension clusters point to $1+ soon. I will be taking profit in the middle of these clusters at $1.08 Feel free to comment your opinion, and give this a thumbs up if you found it useful! *This is NOT trading advice. I am NOT a financial advisor. What is shown and said in this analysis is purely speculation. Remember to trade with a stop-loss and DYOR!*Longby BTCkp335
GRT | Cup & Handle Formation Play OutI had anticipated a broadening descending wedge formation playing out, until aggressive buyers breached this trend-line much earlier than expected. However, the price has and continues to be rejected at the completed cup rim, which is very common in this formation. Dropping volumes, a red hot daily RSI along with other technical’s still lead me to believe that the handle has not played out fully yet. I anticipate a slight down trend leading to the forming of the handle on the 4hr+ time frames, where I will look to make some entries around the $0.66 - $0.70. These entries will be appetisers, as until the breakout confirmation; by way of a decisive breach and daily close above the upper resistance trend-line happens, I will remain unconvinced about the $1 breach just yet. The drop to my target price area in the descending channel will also gain further price traction for a stronger push and close over the $1. BTC price action should also be referenced for market conditions and volatility. This is crypto and we are in a bullish cycle, so anything can happen, but key fundamentals and technical’s should be observed before selling your family and going all in. Let me know your thoughts and drop some feedback. Longby Crypto_Krieger1
The Ten Day Shit Good morning to every one! We all are in a support level between the .899 and .687. If we shit by the 8th , we can see .48 by noon on February 11th. However, through out this descending wedge pattern, we can see a profit of chances of gains of 30% if you put buy in properly in time. After these period of 7 days there is slight chance we can be “walking the dog” for 3 days or more. Longby Captainroc333663
Are we ready for $1 ?RSI LOOKS GOOD MACD LOOKS GOOD ICHIMOKU LOOKS GOOD MA LOOKS GOOD what is it going to do?by burakcakirr335
GRT has fundamental potentialmost people are over-sized #DeFi and undersized utilities; • $GRT, the crypto indexer; i.e. google search engine of #Crypto; • token unlock upcoming only in March so this still has time to run; • $1 take-profit; with potential for price discovery.Longby ZonedOutDad335
CUP AND HANDLE M15Looks like it could also be forming a cup and handle pattern on the m15 timeframe.Longby NotNorbert337
GRT CUP AND HANDLEGRT forming a cup and handle pattern. We should soon see massive move on the upside. Longby NotNorbert114
Technical Analysis & Predictions 2/3/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.10:10by CryptoRush_1119
GRT: Correction Trend *UPDATE* | Climbing to $1 and Beyond!Hey everyone, Just a quick update on GRT's current trend. After our massive climb to $.88 from this past weekend, we are currently in a correction phase. Support is still strong above $.73 for now. If we break below support, then expect price to drop in the mid to high $.60's range. For now, as the price squeezes further into the triangle we should be close to a breakout. I expect to see some action later this week. *** NOTHING IS GUARANTEED. IDEAS ARE BASED ON PROBABILITY *** *** NOT FINANCIAL ADVICE ***by LA_DesignerUpdated 668
GRTPhase 1 “Accumulation” almost complete Waiting for Phase 2 “Bull Phase” 😎 ... then phase 3 “Distribution,” where is time to sell and make some profit, and finally phase 4 “Bear Phase” Silence23by Silencio23552
GRT UPDATEHI everyone! Hope everyone is doing great. Grt looks bearish at the moment. I believe, with the given data we do have a nice support at $.65 - $.60 but that doesnt mean that it cant go any lower than that. If everything goes according to what we plan im expecting a pull back to $.65 then quick bounce to $.77. so far thats all i have. once we get more data i will share it. please leave your comments, i would like to hear everyones plan and point of entry Thank you Happy trading Burakby burakcakirr171710
GRT Short Term Descending Broadening Wedge [Bullish]What’s up fellow traders! I hope you are all well and enjoying the GRT ride so far?! I just wanted to share a few things I have observed recently and what I am looking for from GRT over the next week. As you know GRT has been a really exciting market to trade in both BTC/GRT and GRT/USD-EUR-GBP and I am super positive for the future on this project. I know that everyone is very excited for the $1+ move, as am I and it’s going to happen soon. However, although I am seeing some potential bull flags, my attention have been drawn to the sexy Descending Broadening Wedges that GRT has been printing since its launch in December. These are incredibly bullish, as the price on GRT has demonstrated and are some of my personal favourite patterns to observe following a market hitting an ATH or local highs; especially as the vast majority of Descending Broadening Wedges end with a bullish exit. The first two Descending Broadening Wedges I have drawn are validated by the price touching resistance and support lines 2-3 times within the wedge. The oscillation of the pattern then tightens towards the end of the broadening wedge, drops out of the bottom of the Bollinger Band's, just at the point where sellers & shorter's lose control of the market and buyers take over. What is particularly interesting to me within these Wedge patterns is that the RSI is cooking white hot at the previous local highs and the recently printed ATH (obvious I know, but 'Bear' with me - excuse the pun!) however the bounce to new local highs has been made after the RSI cools down to <40.00; ideally around 35.00 or less. I fully appreciate the euphoria and enthusiasm of the recent ATH and calls for $1 (which will happen), especially in the excitement of this bullish cycle and the strong fundamentals of this project. However, I believe that it’s too obvious of a move at present and until the RSI cools off to <35.00 and the Descending Broadening Wedge plays out then $1 will not happen just yet. Sellers are hard shorting GRT at the moment below 0.85 and I can see why. Another point of interest is the falling volumes, which whilst not always a huge problem, can have a serious impact whilst prices are trying to rise. So what am I doing about it...... Buying now is not a weak or poor trade as $1 will happen, however much greater profits can be yielded, by looking for better prices further down the broadening wedge. I would usually use some Fib channels to present entry points for longs, but I don’t like using them on short time frames and new markets. However.......... .............. my current position is that I have laddered many buy orders from $0.70 down to $0.60 to add to my bags and I will be looking for a very strong bounce when the RSI cools off and there is a drop in price and exit at of the bottom of the Bollinger Bands. Then I will be looking for a very strong rise to new ATH's; near or above $1, whereby I will provide further analysis. Will all my buy orders get filled? Probably not, but I do expect a local bottom around $0.66 - $0.65 and have put extra buy orders in lower just in case the Broadening Wedge fully plays out or BTC has a diva moment. Of course this is the crypto world and anything can happen, so if a breakout (up or down) occurs out of the Descending Broadening Wedge, then my analysis is invalidated and you can all laugh and point at me. ETH is mooning (and may dump hard too after), so that might have an unpredicted effect, plus this world is off the charts mental in general !! This not financial advice, so please take this with a pinch of Colombia’s finest white export that you buy on the dark web with your naughty Monero. If you have made it this far, I thank you sincerely for the dedication and love and if you message me your 'Kriegerrand' wallet address I will drop you a few coins :-) Happy trading and stay safe. Longby Crypto_Krieger27279
GRT Who else see here forming a symmetrical triangle? Comment below what you think 💣 $1. Coming soon! In 1 day or 2 by Silencio2310106
GRT: Correction TrendIt looks like GRT's correction is heading in this downward channel for now. If it breaks below we'll reevaluate the next possible buy areas.by LA_DesignerUpdated 14146
GRT: Passing Previous All Time HighsHey guys! Right now, GRT is in a correction phase after a massive climb, breaking previous all time highs. We went from $.63 to $.88 in about a day! In my opinion GRT will easily pass $1 in the near future (assuming BTC doesn't have a massive dump). I marked potential purchase entries for this correction and also labeled previous dips after having a high RSI (overbought territory). *** Not financial advice ***by LA_DesignerUpdated 3
GRTUSD - BULLISH: UPDATEAfter channel break, price continues its climbing. Nevertheless i am expecting pullback to $0,66 today where are strong support and 61,8% FIBO of last move. Then new ATH is matter of time. Please comment what do you think ;)Longby omi7Updated 15157
GRTUSD - BULLISHI think there is nothing to add. Chart says everything what is my basic scenario.by omi7Updated 7
GRTUSD - 01.02.2021 UpdateWe've just hit new ATH like I was forecasting in previous analysis. I think in short term there will be no more significant grow. Time for stronger pullback. On the chart we can see that 11.01 - 18.01 wave is equal to 22.01 - today wave. I am expecting short sellout also equal to 18.01 - 22.01 retracement. Target is 0,55-0,60 area. After that we can go for 0,88 and $1.Shortby omi7Updated 26269