GRTusdGRT is in a bearsih movement this coin has a chance for the upside but by the looks of the graph im guessing it might keep going down.
GRTUSD.P trade ideas
GRTUSD - Bearish Scenario - Triangle Break-outUnfortunately, it does look like we have a couple of 4 hour candle closes below our symmetrical triangle for GRTUSD.
This would make for about a 45% drop to the low to mid 30 cent area.
We may see a test back up to about 60 cents to test the bottom of the triangle and the S/R thereabouts.
I've had many fib hits in the 20 cent area, too, and I would consider that the prime opportunity.
I would expect to consolidate maybe for a bit in the 30's, maybe initially get a wick down toward 20 cents, who knows.
My buys are scatted down to 20 cents, personally.
GRTUSD - Recovery Rally Plans Updated (bear scenario included)GRTUSD still sits in this great accumulation area.
It has hit an intermediate term 4.236 square in the nose.
A person that collaborated with me on my previous analysis had pointed out that GRT was in a symmetrical triangle at the time, and that is why they could see the 30 cent area. Since then the structure of the triangle has changed a bit, and I have done my best to illustrate it here in this analysis. If we break down to the downside, then we have a great chance of hitting 30-38 cents IMO. (to match a 47% downside move via the triangle and also a fib hit at about 36-37 cents)
The triangle still has good confluence with a move to the upside of about 87%, which takes us into the 1.20's, which I was anticipating before.
I still think that a very likely scenario to play out is a recovery rally for BTC and alts, where everything ultimately gets rejected after some upside, and then we continue down to our final bottoming targets. The final downside targets that I see for GRTUSD for right now are within the 20-40 cent area. I have personally placed buys in that area, and will add to those buys if we get this recovery rally.
I think that the dollar may take a breather on its recovery rally, and let BTC do its own recovery rally.
So - in the meantime, GRTUSD needs to break the symmetrical triangle downtrend (in green) that it is in - establish support above 75 cents, and then take a stab at the big picture downtrend (in red) that it is in. From there I could see it testing the 1.20's where I think that it will ultimately fail, and head back down to test this accumulation zone again, where we may even see the lower targets of 20-40 cents at that time.
Didn't read all of this? Upside $1.20's Downside 20-40 cent area.
Thanks!
GRT LONG IDEAStrong fundamentally solid project that has retraced it's entire impulse move.
This will take a while to pan out so spot or futures until the end of the year.
Let's see
Bullish Shark Entry at 58 CentsIf we get down to to around 59-58 cents i will Begin to buy. Stoploss Below 54 cents.
GRT: Waiting for the bottom confirmationThere could be several ways the price action can play out. By looking at the overall market, I am watching for two specific paths. One path could drag out this current accumulation zone with wicks up and down but weekly candles within the box. Or there could be a flush out and then move upwards and onwards. Either case, the buy signal will be when ADX curls up and Green DI plus crosses above Red DI Minus. At the same time price needs to move into the top half of the channel. Above $1.18 is game on. Not looking to catch the bottom by any means. Still holding some that I bought during January breakout around the same price as now. Like the rest of the crypto market, it is a waiting game for me. Good luck out there.
LONG GRTPaper handed by LINK longs...BTC 1D and 3D shaping up to look great.
Already got chopped up once this weekend, hope I don't re-enter into more resistance here...
Longed at $0.623, looking for targets around $0.86 and $1.11
GRT - Symmetrical Break outSeeing GRT come to the end of a symmetrical triangle, I'm seeing a .71 rise to the 1.4-1.5 range which coincides nicely on the FIB
long from here!I apologize about the terrible lines , my mouse was having problems. How ever I believe we are up from here on GRT! Big money came out to play..my prediction is back to 1$ by end of week
happy trading! let me know your thoughts :)
GRTUSD - Accumulation Area - Recovery Rally Plan(s)GRT is still in this wonderful accumulation zone, and I hope that you all have had a chance to grab some here.
There is a good enough case to say that this is the bottom, but there is also a good enough case to say that this is just a stop before one last washout, too. The Fibonacci's are giving me a good suggestion that these potential ideas may play out.
I do think that this is at least an intermediate bottom where we will see a nice sized recovery rally. This could serve as an area for a big swing trade, or also a good area to just accumulate for the rest of this cycle once it resumes.
This idea is anticipating a potential recovery rally to the top of this accumulation zone at approximately 90 cents to 1.00 area. This would be where it may fail at the trendline and S/R.
I would think there is a good possibility that we do a bigger recovery rally where we test the major S/R in the 1.20-1.50 area. Then if that fails (where BTC fails to establish support above the 20 week MA), this would provide us the trip down to the final washout destination, which I think could be anywhere from 10-30 cents.
Of course, we may just go bullish from here, or we may just collapse and die, too.
This is my personal plan, and hope that it is helpful.
Thanks!
GRT buy after breakout.Price is near support and also 3 month POI, after the breakout i would recommend long position.
GRTUSD-Reiterating that we may have bottomed - accumulation zoneStill a strong case we bottomed, but keep in mind that 20 cents is possible still. (maybe even 10/)
This accumulation zone is a nice opportunity if the BTC side of GRT can break its downtrend.
Accumulating here is still a good idea even if we go lower IMO, and if this is the bottom, you can do quite well for yourself.
That is all.
Entry on a wick down .35 - 0.4 possibleBeen eying an entry for some time, setting shark orders below makes sense here IMO
GRTUSD - BTC side looking bad, see confluence around 20-25 centsWith the BTC side of the graph getting rejected at the downtrend again recently, and BTC showing it wants to dump again - IF the graph cannot hold support at its local bottom - which there is a case that its local bottom is its bottom - then I have a good case that the graph could visit 20-25 cents before we get out of the woods.
A possibility is that BTC fakes a move down to 24-26K, and we've already bottomed, so please be aware of that!
I've attached some related ideas to this one for reference.
I will be placing buys all around that area - this is a great potential opportunity!
Long GRTUSDI use machine learning and with technical analysis to determine stop, and take profit levels.
SL: 0.56163471
TP1: 1.20926020
TP2: 1.73273395
GRT finding support above .80Be patient & dyor!
Grt looks good, finding support above .8 and breaking a descending triangle
GRT Ready to break to upsideNoticing a nice symetrical triangle in confluence with a fib level I see a break out to 1.19 just my two cents ideas comments constructive criticism Im a noob
GRTUSD It's time to start Bullish X-Wave of Wave4 to target 2.18The first part of correction wave 4 as zigzag(abc) is completed and
now it's time to start a bullish trend as X-Wave of Wave 4 to target 2.18$.
Inverse Head & Shoulder PatternGRT is moving right along with everything else and appears to have completed an inverse head and shoulder pattern. Bitcoin still controls what happens, but this lines up with the .5 fib just about perfectly. Back to 1.17 soon. Bullish as always in the long term as GRT is so severely undervalued!
