GRT ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the GRT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
GRTUSDT trade ideas
#GRTUSDT (Watchlist) 7-2023GRT is the native token of The Graph, a decentralized protocol for querying data from blockchains. It is an ERC-20 token on the Ethereum blockchain, and it is used to allocate resources in the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake.
Total supply: 10 billion GRT
Circulating supply: 9.062 billion GRT
Max. supply: Not available
Market cap: $1.064 billion
Trading volume: 133.5 million GRT
Latest news
The Graph partners with Alchemy to simplify data access for developers. This partnership will make it easier for developers to access data from The Graph, and it will help to grow the ecosystem.
The Graph launches the Subgraph Studio, a tool for creating and managing subgraphs. This tool will make it easier for developers to create and manage subgraphs, which are the building blocks of The Graph.
The Graph announces the Graph Foundation, a non-profit organization that will support the development of The Graph. This foundation will help to ensure the long-term sustainability of The Graph.
Add BINANCE:GRTUSDT to your watchlist.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
GRTUSD: looking for a refillI like GRT and have been buying and selling; but, still have a small bag that I want to expand. GRT is doing things to become more decentralized and with AI tag on its brand, I think it should do well. But with anything in crypto world, you never know if a project will be successful or even a scam or not. So, I have waited for an attractive price point for a large purchase and looks like I might get it again. My first big purchase (over 5k at the rectangle area) earlier this year gave me almost 3x and I sold more than half. I want to put that back in again at the same area if it comes back to retest. Stop loss will be a bit loose below December low since I can afford to lose that much only. If I don't get it, then I will wait until I see a higher high above July high. Moves on GRT are very fast, so multiple limit orders are in the plan. Hopefully things will work out.
🚨 Trade Update: GRT/USDT (3-5x)🚨 Trade Update: GRT/USDT (3-5x)
📈 Long Entry: 0.0900 - 0.1015
OTE (Optimal Trade Entry): 0.0950
SL: 0.08691
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.1030 - 0.1050 - 0.1080 - 0.1120 - 0.1180
Mid Term: 0.1250 - 0.1300 - 0.1350 - 0.1400 - 0.1440
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
GRTUSDT is inside a falling wedgeFalling Wedge Formation: The market is currently forming a falling wedge pattern. This pattern is characterized by converging trendlines that slope downward. Falling wedges often indicate a potential reversal from a downtrend to an uptrend.
Testing the $0.12 Resistance: The current price action involves testing the $0.12 area as a resistance level. This level has historically played a significant role in the price movement of the asset.
Breakout Signal and Plancton's Rules: The anticipated action trigger is a breakout beyond the resistance level at $0.12. A breakout occurs when the price decisively surpasses a key resistance point, implying a potential shift in market sentiment from bearish to bullish. As per Plancton's Rules, this breakout could prompt a new long position.
New Long Position Opportunity: In accordance with the analysis and Plancton's Rules, a fresh long position might be considered if the price successfully breaks out above the $0.12 resistance level. A long position involves acquiring the asset with the expectation of its value ascending, aligned with the potential bullish momentum signaled by the breakout.
The Graph /GRT/ moving through boring holidays. 1USDGRT moving through boring holidays.
GRT prepared for bullish movement to 23 cent. If resistance breakout price rise to 1 dollar. Take position after breakout and retest in daily time-frame we are now in resistance area. Bullish divergence pattern Lower low spotted. DYOR
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.
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.
#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
Current vibeWe need a motive wave to have something constructive and reliable.
I would think its only 1 of an ending diagonal if its an ending diagonal.
However, it doesnt have to take half of the august for this to find its feet.
Its just a represenation of a supposed further developement that should play out all in 3 waves.