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GRTUSD trade ideas

#GRTUSD - 25-50% Drop Incoming#THEGRAPH is showing signs of turning relatively bearish sometime very soon. We've had a big pump up and now support is spread thin. If price was to drop under the nearest level of support we can see losses of at least 25% initially, with potential for twice that. What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:GRTUSDShort
by theCrypster
11
Head and shoulders?Totally new at this but I believe that a Head and shoulders pattern is appearing on the GRT 1hr time frame. Please feel free to let me know what you think also seeing bullish divergence on the 1 hr. time frame so I am longing the position now could be a good time to enter or wait on confirmation of the pattern Side note waiting for core CPI numbers to come out tomorrow if there positive this could be the bottom of the 2nd leg of the Elliot wave and we could see some explosive action tomorrow. WARNING many people are predicting the numbers to be bad. if that's the case I see us falling to the 0.11 support before starting the 3rd leg. IMO DYOR Good Luck
BINANCEUS:GRTUSDLong
by TheCryptoCubClub
2
GRT (the graph) Is confirming breakout from descending channelWe can see here on the weekly chart that GRT (aka The Graph) has broken up from its descending channel and price action is currently very close to the descending channel’s breakout target. Much like many other crypto assets at the moment, we can also see that that descending channel has a large flag pole attached to it as well forming a bear flag. While the descending channel has validated its breakout, it is as of now still uncertain whether or not the bearflag will confirm a bullish breakout as well and pull an inverted Bart pattern. However, CoinMarketCap’s rankings of the “most valuable AI and big data crypto projects and tokens” currently has The Graph as the leading platform in market capitalization. According to Pablo Jodar, a crypto analyst at GenTwo, “I think it is linked to the rally on AI stocks, due to the ChatGPT effect.” Consider all the hype behind AI focused cryptos at the moment this greatly increases the probability that GRT will also confirm the bullish breakout up from the bearflag and reach the higher bearflag target as well. I have posted both targets here on the chart and will update this post once each target is hit. GRT is an indexing protocol that is setting itself up to be the decentralized google for searching blockchains.
COINBASE:GRTUSD
by DrDovetail
3
100% return shorting GRT!!!!!!!!!We are now showing signs of a short term bullish reversal which in turn will take us to our target for the remainder of the short at .20, @MP MoonBoys you can either watch or add to your positions here as the target is our original entry. WHY WE SHORT..... early analysis shown to me what looked like a MMSM but after we seen a blow through the orderblock i marked price then ran the monthly swing high, which now is a higher timeframe break in market structure. 1st Target for the short .12 If we get a candle close below .13 withing the next 2 days then we have a weekly bearish SFP and well then look to target the lows. Ill keep you UPDATED as price play out but this could potential be a 100% return... AND TO EVERYONE WHO JUMPED IN THE COMMENTS ON THE LAST GRT POST, GO BACK AND READ IT AGAIN AND NOTE DOWN WHAT I SAID WELL BE DOING. ALSO THANKYOU FOR BUYING .20 BECAUSE I KNOW YOU DID.
KRAKEN:GRTUSDShort
by Marketperceptions00
6
GRT in Motion: A 1-Hour Trading Chart Analysis of the Fast-PacedIntended Audience: New traders just learning to Trade Crypto Fundamentals: GRT is a cryptocurrency built on the Solana blockchain, designed to provide a fast, secure, and efficient platform for decentralized applications and digital assets. GRT aims to offer a scalable and low-cost solution for businesses and developers to build and launch decentralized applications and digital assets. The platform provides a range of tools and services, including a high-speed decentralized exchange, a marketplace for digital assets, and a suite of developer tools to help businesses and developers create new decentralized applications and digital assets. GRT aims to make it easy for businesses and individuals to participate in the decentralized economy and to access the benefits of blockchain technology, such as fast and low-cost transactions and increased security and transparency. By offering a fast, secure, and efficient platform, GRT aims to empower businesses and individuals to build the next generation of decentralized applications and digital assets. Technicals: A 1-hour chart analysis of GRT can provide valuable insights for short-term swing traders of the cryptocurrency. The recent 30% increase in the price of GRT in the last 34 hours is a significant event that can impact the short-term performance of the asset. By examining the price trends, volatility, and volume of GRT over the past hour, it is possible to make predictions about the short-term performance of the asset. For instance, the recent price increase in GRT, accompanied by high trading volume, can indicate a sudden increase in demand for the asset, which can be a good opportunity for short-term swing traders to take advantage of the price increase and sell at a profit. However, if the chart shows a lot of volatility and price swings, it could signal a lack of market stability, which may be a concern for short-term swing traders. Additionally, a 1-hour chart analysis can also provide insights into the impact of any major events or news on the price of GRT. For example, if there was a significant spike in price following the announcement of a new partnership or product launch, this may indicate that the market is optimistic about the potential of the project and that short-term swing traders may benefit from this positive sentiment. Overall, a 1-hour chart analysis can provide valuable information for short-term GRT swing traders to make informed decisions about their investments. By monitoring trends and staying informed about market conditions, they can make more informed decisions about buying and selling GRT, and potentially capitalize on short-term price movements.
BINANCEUS:GRTUSD
by SuzanneSpisak
1
GRTUSD broke above major Resistance. Potential uptrend ahead.The Graph (GRTUSD) broke today above the Lower Highs trend-line that has been in effect since the August 08 2022 High. Supported by the 1D MA50 (blue trend-line), GRT is now aiming at the 0.07725 - 0.0750 Resistance Zone (made on the November 23 - December 10 Highs). With the 1D RSI on Higher Lows since October 20, it is highly likely that this will be a sustainable bullish break-out. However the RSI has has clear highs to sell, near the 80.000 overbought barrier, where price tops where formed. As a result, we are looking for levels to peak and the pull-back and as shown on this chart, the Fibonacci retracement levels align perfectly with previous Support and Resistance levels since the August downtrend started. As a result the next level to watch is the 1D MA200 (orange trend-line) on the 0.382 Fib, with a major Resistance cluster being on the 0.5 Fib. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:GRTUSDLong
by TradingShot
2