GRTUSDT is testing the 4h resistancesthe price is testing the daily support on 0.09$ inside a falling wedge.
On the 4h timeframe the price is testing the dynamic resistance below the static 4h resistance.
How to approach it?
IF the price is going to have a breakout from the resistances and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
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Follow the Shrimp ๐ฆ
GRTUSDT trade ideas
#GRTUSDT 4H Chart
Price is currently bouncing off the support area around $0.9 which has already been tested multiple times. MACD is showing some bullish momentum, RSI is neutral and EMAs are bearish. We might see a sweep of this support area as lots of liquidity is resting below it however overall price should keep moving up in order to take out the equal highs at $0.1245.
GRT plan of attackWe have touched the overhead resistance 3/4 times now. Looking for some consolidation here, and grinding up against the resistance more and more, before a break out.
Down below on the upsloping support line would be a sensible place to take a long; with an easy invalidation/stop loss just below.
Good luck everyone!
GRT is going to Decrease + Target Provided!GRT is in a Descending Triangle and we can Expect the Price to Fall because Not only The Price is in a Bearish Pattern and That the Price would Decrease as much as the Measured Price movement (AB=CD) ,We also have a Hidden Bearish Divergence (-HD) on MACD as well! This Means that The Bulls are in Real Trouble Right now! The Price should Reach around 0.105$ after Descending!
-GRT is in a Descending Triangle
-Price will Decrease as much as the Measured Price Movement (AB=CD)
-(-HD) On MACD
-0.105$ Is the Right Price!
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Thank you for seeing idea .
Have a nice day and Good luck
Allow $GRT to Heal from its WoundsFinding support at extremely oversold level and I feel it is relatively a reasonable entry to take a trade. Altscoins were brutally targeted since early April where $GRT lost 70% of its value in such a short short span of time. I am entering the trade with small downside risk and at the same time would like to hold through the bearish period. If it starts losing more, then it is good to exit at the critical support level.
GRT - Back on EL LevelThere is an interesting view for GRT - that is back on before entry-level.
We will see if this coin will get some increased volumes above as it's an important zone.
As always there is no guarantee in markets, your real guarantee, is your risk management.
This coin's choice as markets Techincal signal shows as interesting.
Coins could have in a small time frame an increase - but in long term, all can change.
#GRT Buy Opp , #thegraph #CryptoThe Graph is an indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open APIs, called subgraphs, making data easily accessible.
When we are in the buy zone.
We will update this analysis in minor tf in order to get the right timing and buy without dd.
GRTUSDT is in Demand ZoneThe price is testing the demand zone on 0.14$ and the market is getting new liquidity from this area.
The price is creating a tringle as well.
How to approach it?
the price needs to create a new Higher high above the 4h resistance. IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
โโโโโ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โโโโโ
Follow the Shrimp ๐ฆ
GRT bullish wedge, thoughts? im just a college student in a completely unrelated major that enjoys looking at charts lol, but this is beginning to look super promising to me. BTC is in a similar wedge but looks as if it'll touch and reject the top trend line one more time, however GRT looks ready to move imo. I'd wait for break above trendline to buy, but if it breaks it could be big. a lot of upwards potential at this price. also the stoch is currently maxed so could still touch bottom trend line once before the end of july.