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GRT / TetherUS

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GRTUSDT trade ideas

GRTUSDT Probability vs Risk/Reward💎 Currently, #GRTUSDT finds itself in a sideways movement, oscillating between the support and resistance levels for the past 8 days. Notably, the support level has been respected multiple times, including today, signifying a strong and persistent buying pressure. 💎 However, buyers should exercise caution as this opportunity requires a very strong confirmation of an uptrend before taking any action. Ideally, a break above the resistance level would provide a more compelling signal to look for a high-probability buy setup. 💎 Nevertheless, a great risk/reward setup is already in place, and those who are comfortable with higher risk may consider buying #GRT at this point. At MCP team, we focus on both high probability and favorable risk/reward setups, giving us an edge in cryptocurrency trading. 💎 Overall, the buying opportunity for #GRT is quite attractive in terms of risk/reward, but the probability of a significant uptrend is not exceptionally high. In any case, we will continue to closely monitor the price action and, as always, keep you updated.
Long
by MyCryptoParadise
GRTUSDT The Graph Potential Move DownLooking at the chart here we had a month of uptrend here where it forms a lower highs and then market breaks above 0.116 but fails to hold at that level and later breaks 0.113 level which is the weekly support, further breaks the trend line with continous retracement at the 0.113 level a clear indication for me that the price would be looking for another move down at 0.092 level or below. Take note that this is just my insights in the chart and I do not gurantee a winning setup, please do some research and analyze also on your own.
Short
by Dazer241
#GRT/USDT 12h (Bybit) Symmetrical triangle breakdown and retestThe Graph got rejected on resistance forming a shooting star with an overbought RSI, retracement down to 50MA support seems in play. ⚡️⚡️ #GRT/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.8X) Amount: 5.0% Current Price: 0.12445 Entry Targets: 1) 0.13580 Take-Profit Targets: 1) 0.10715 Stop Targets: 1) 0.15015 Published By: @Zblaba CRYPTOCAP:GRT #GRTUSDT #TheGraph #AI #Web3 Risk/Reward= 1:2 Expected Profit= +80.2% Possible Loss= -40.2% Estimated Gaintime= 3-4 weeks thegraph.com
Short
by TradingOn
TheGraph - 500%UP? Follow unicorn!A few days back, we observed an attempted breakout that resulted in a decline in prices until now. The downtrend has persisted for over 175 days, but thankfully, we have identified a reassuring trend line with two robust supports. Currently, there's a shift in character from a downtrend to an uptrend, as evidenced by the formation of higher pivots. Nevertheless, it's important to note that this change doesn't automatically guarantee a price increase. +1.2 USD soon? DYOR
Long
by trdejan88
2
GRTUSDT wants the breakout?GRTUSDT is currently exhibiting a specific price pattern, with the price confined within a falling wedge on the daily timeframe. This falling wedge is formed between larger weekly structures, indicating a potential significant price move in the future. According to Plancton's rules, the price would ideally need to create a breakout from the falling wedge pattern and subsequently retest this breakout level. This retest is crucial as it confirms the validity of the breakout and provides an opportunity for traders to enter new long positions. Traders following this strategy would look for signs of a breakout above the upper trendline of the falling wedge, followed by a pullback to the breakout level for a retest. Upon successful retest, it could signal a favorable entry point for new long positions, anticipating a potential bullish move in the price of GRTUSDT. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
6