GRT TO THE MOONnice AI play here, so bullish on this project, it will pump so hard
falling wedge pattern!
GRTUSDT trade ideas
GRTUSDT.1DBased on the given market data, the cryptocurrency GRT is currently trading at 0.1724 USDT. The Relative Strength Index (RSI) values indicate that the currency is neither overbought nor oversold in any of the time frames, suggesting a neutral market sentiment.
In the 4-hour time frame, the Moving Average Convergence Divergence (MACD) is slightly positive, suggesting a weak bullish trend. However, the price is below the Bollinger Band (BB) midline, indicating bearish pressure. The immediate support and resistance levels are at 0.1632 and 0.1974, respectively.
In the 1-day and 7-day time frames, the MACD values are positive, suggesting a bullish trend. However, the price is below the BB midline in both time frames, suggesting that bearish pressure still exists. The support levels are lower in these time frames, indicating potential downside risks.
In conclusion, GRT seems to have mixed signals with slight bullish indications from the MACD values but bearish pressure from the BB values. It is crucial to watch out for the mentioned support and resistance levels. As always, it's recommended to consider other factors and your risk tolerance before making an investment decision. Please note that trading cryptocurrencies involves risk, and you should only invest what you can afford to lose.
Elliott wave on "GRTUSDT" Weekly time frameHi Guys,
You can see my prediction of the future price for GRT USDT.
At this stage, we cannot definitively say that we are in wave 3 or wave c. That's why I labeled it with 3orc wave.
In this case, the minimum target number for wave C is 0.344$. If the movement has a good acceleration and after reactions to the Wave C zone, a decision can be made regarding wave 3.
Also be informed that normal targe for wave 3 is 0.88$ up to 1.57$
GRT : Bear Trap and Ascending channelThe journey of Graph (GRT) has been marked by a strategic escape from a bear trap and a subsequent ascent into a bullish parallel channel. Let's delve into the dynamics that unfolded, highlighting GRT's resilience in the face of adversity.
Key Events:
Bear Trap at $0.08:
GRT found itself in a range-bound scenario, with a crucial support level at $0.08.
A sudden and sharp drop below this level initially appeared bearish, creating a trap for unsuspecting bears.
Swift Recovery:
Contrary to the bearish indications, GRT showcased remarkable resilience by swiftly recovering from the bear trap.
This rapid rebound hinted at strong buying interest and a potential change in market sentiment.
Technical Analysis:
Formation of a Bullish Parallel Channel:
GRT's price action post-bear trap reveals the emergence of a bullish parallel channel.
This channel signifies a more controlled and sustainable upward movement, often indicating a positive trend.
Successful Swipe from Previous Day's Low:
GRT strategically executed a swipe from the lows of the previous day, adding to the bullish narrative.
Such swipes often serve as confirmation of support levels and fuel the next leg of the upward move.
Trading Strategies:
Channel Trading Opportunities:
Traders may explore opportunities within the bullish parallel channel, considering long positions as the price respects the channel boundaries.
Identifying potential reversal or continuation patterns within the channel can aid in tactical decision-making.
Monitoring Key Levels:
Keep a close eye on critical support and resistance levels, including the $0.08 level, which previously acted as a pivotal point for GRT.
Breakouts or breakdowns from these levels could signal significant shifts in market sentiment.
Conclusion: Navigating GRT's Bullish Trajectory
GRT's ability to rebound from a bear trap and establish a bullish parallel channel underscores its resilience and appeal to market participants. Traders can leverage these insights to devise strategies that align with the current market dynamics.
🚀 Escaping Bear Traps | 📈 Bullish Parallel Channel | 💡 Strategic Trading Approaches
💬 Share your perspectives on GRT's recent price action and your strategies for navigating its bullish trajectory! 🌐✨
GRT can pump as breaking out on dailyGRT looks good for a buy but best to wait for a better entry. Chart has all the entries and TPs. Follow along!
$GRT Formed A Descending Triangle PatternA great triangle is forming. Possible SHORT position after strong upwards moves. The end of a couple weeks long trend will support this downwards move.
Possible Long position for GRT 4Hseems to me power of 3 might be in play here
Opening long above green line
tight stop around .16500-.16400 can adjust lower for potential wicks
if we push up expecting some resistance at yellow line .17690
next would be red line .19850
*Position carefully as ETF is approaching, take profits when you can and reduce risk
Watch btc movement too
400% rise?rom the historical bottom of the currency, internal waves were formed, rising in wave A, and then a corrective falling wave B was created for it. It is now expected that wave C will be formed, consisting of five upward waves, and waves 1 and 2 of them were implemented, and an explosion remains in waves three and five coming to the shaded areas above.
All data is shown on the chart. Good luck.
GRT: Channel Up BreakoutTrade setup : Price remains in an Uptrend, however, following a bearish breakout from < a Channel Up pattern and below $0.175 support, price could correct further and pull back to $0.15 support next.
Pattern : Price was trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.175, which it broke, then $0.150. The nearest Resistance Zone is $0.230.
GRTUSDT ShortSame here seeing it lost the 0.19 area. See just a possibility of it going lower. First TP 1.5 RR. Let's see.
THIS TRADES ARE MENT FOR ME! 😅
GRTUSDT 4HGRTUSDT 4H made a nice Div. GRT is on uptrend. But according to the analyze it should touch 0.17500 before making a new high.
We are barely getting startedJust zoom out on the chart and you’ll see that we are barely getting started.
Hang in there and manage your risks, build your bags and be patient. The time will come.
GRTUSDT Long Opportunity I see here a double bottom and Break n Retest. For sure i could wrong 😅
Now i have 3 trades open at the same time, that's mean i could not open any more that.
GRTUSDT Short opportunityThis trade is for me already been placed. Trying From now and then to put some pressure on me and responsibility by sharing everything i do when i trade. Why? To become a consistently profitable Trader
Go to reverse zone(GRT)❤️❤️Thanks for boosting 🚀 and supporting us!
📈And in bull-tend come to reverse zone.
📊 (Entry) : 0.2052
🔴 Stop Loss : 0.2211
🎯 Take Profit : 0.1887-0.1778-0.1640-0.1467
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
GRT had a Good Run |🚀👀 What's Next for GRT?💎 Paradisers, gear up for an intriguing trading opportunity with GRTUSDT. It's currently in a phase of noteworthy activity within the demand zone, signaling a potential pivot to an upward trajectory.
💎 TheGraph has been consistently following a descending channel pattern. Recently, it has broken above this pattern, leading us to expect a surge towards a resistance level, then a quick pullback, in line with its established pattern.
💎There's a high probability of a bullish turn initiating from the support level at approximately $0.1227. Having successfully broken out of the descending channel upwards, GRT is now likely to target resistance levels around $0.23.
💎 Timing is crucial for savvy Paradisers. Pinpointing the most advantageous entry points during this rise is essential. Exercise caution and avoid buying at the peak of the movement.
💎Additionally, be mindful of the potential for GRT to drop below the $0.1150 support level. A breach below this pivotal point could cast doubt on the longevity of the upward trend.
$Grtusdt#coin #BTC #Eth
I will follow green line. if it gives 0.1988, will join the party for long. TP 0.2244
GRTUSDTBINANCE:GRTUSDT Price has been bullish for a while now. Broke the 0.1245 resistance and did a retest of the zone.
My position is bullish with Targets:
0.16624
0.23660
0.32000
A break below the zone might just trigger some bearish move
GRTJSE:GRT is on the verge of breaking out the level of 0.2041 in the weekly time frame. After confirming the breakout in the daily or 4-hour time frame, consider taking an entry. Remember, always use a stop-loss.
Trust
@TheCryptoCity1
#BULLRUN2024 TSXV:SEI TSX:FIL #TRBUSDT AMEX:BUCK
