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GRT / TetherUS

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GRTUSDT trade ideas

Why GRT price growing and what do GRT and ChatGPT have in commonToday we will talk about the GRTUSDT trading pair. The downward trend in the GRT price began in February 2021, almost a year earlier than most altcoins. Because in 2021, interest in DEFi projects began to wane. The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Now, interest in the DEFI sector is returning a little bit, and the volume of locked assets (TLM) is increasing, but it is hard to believe that these events provoked such a rapid growth in the GRTUSD price. Moreover, price growth on falling volumes is not okay. No matter how ridiculous it may sound, we assume that many crypto users buy GRT because of the similarity in sound and spelling to the hype ChatGPT And if our assumption is correct, we can congratulate all of us - the alt-season is near . In our memory, the last time it happened was in 2017, when users did not really delve into the essence of the project but bought it because it would be more expensive tomorrow. And if we are wrong, please correct us in the comments below the idea. As for the possible movement of the GRTUSDT price, we are more inclined to the white scenario, where the price will not be able to gain a consolidated above $0.18-0.20 and will begin a correction to the $0.11 area. On the other hand, if the hype around GRT continues, which we don't understand, and the price is able to gain a foothold above $0.20 . We don't see any strong obstacles to continuing the rapid growth to $0.39-0.40 on the chart. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
55
GRTUSDT, new opportunity to growth, THE GRAPH. UpdateHello guys. This is an update of previous analysis (blow link), As you can see on the chart the first target with 80% reached, for now the price needs some correction and rest to the support base band and new ascending is on If the whole market follows. So I expect growth to the other targets. The targets will be 13 - 23 - 30 - 50. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me
Long
by ArashBanakar
5
GRT (did we reach the bottom ?)Hello everyone I made an analysis before for GRT in 1 month ago and until now its following my analysis Lets talk about the chart : –massive falling wedge –potential double bottom – resistance not broken yet but it try to do From this point ,the pattern has great chance to made the breakout this time and if its done ✔️ massive pump will followed Invalidation: weekly close below the recent low will invalidate the the pattern Remember : before any investment to DYOR Best of wishes
Long
by Babenski
24
WHAT WILL BE GRT'S NEXT MOVE? After breaking out of its macro downtrend, GRT found resistance on our Monthly level of 0.09564 only restest the breakout out of its descending TL and slice through not just the Monthly BUT reclaim its liq level at 0.10438 This is a very Prime Textbook Example on how to trade breakout trades 🥰 What is our next level for GRT to look for? My POI to enter a short position is 0.13500, which is not only our 2.618 FE BUT our Weekly level I would imagine since we made such a bullish move, that we will be consolidating from 0.09595 to 0.13509.
by marktiu