GRTUSDT trade ideas
GRT POSSIBLE 8X ???Grt didnt shad some special movement since it pumped hard. But now on 1D chart I noticed change of character(choch),
for those of you who dont know choch means that trend is going to change and probably cross current swing high which is at 8x from here.
That means it very possible that in next few month grt will even make 10x
This all is confiremd on btc chart and btc looks like it will do similair as grt.
NOT FINANCIAL ADVICE!!!
Best buy ( for future traders would be below 0.33) and for long investors all times are amazing to buy since its in weekly demand zone .
$GRT ready to fly $GRT one of the best ALT :
As per the chart :
We have a strong resistance level at 0.7742 as a daily resistance which should be broken so that we can see a new ATH for GRT however , it should not be traded under 0.3172 the golden support level; I can see that GRT can do the same like the greatest explosion on 31 Jan 2021 once GRT jumped from 0.7742 , it reached to 2.8$ (ATH)
It is not a financial advise
GRTGRT - Overall Pattern is an ABC in which Wave B, which is a 3 wave structure is currently ending. Whether we will extend this correction will happen after we reach our target so reaching the target area is a sure shot.
Total trade has a potential of 4x. Stop loss mentioned. Currently in wave 4 of Wave c of overall Wave B. We should see trend moving a little higher after which we should see a downtrend towards our target.
GRT move GRT has found a stop although you have to take into account the future movements of the BTC grr you can get carried away with a possible rise there I leave the price options, keep in mind that for it to be valid you have to exceed the 0.23 area that would be a command 0.40 to 0.41 to overcome and look for that .38 of the fibonacci in the 0.42 to 0.43 range if we do not exceed the first described range we have looked for a support below for a possible future rise without further my appreciation and the variables to take into account.
do not take this analysis as an investment advice only as didactic and educational material..
Order BLock.I picked my order BLock on my H4, so I have a setup to monitor the bearish trend for a possible trend reversal.
the white line is my entry (the close of the last daily candlestick),
the red line is my stop loss (10 pips below the wick of the longest dipping candle 🕯️ stick)
the yellow line will indicate a bearish trend with a breakout and pursue my downtrend trendline and 200EMA.
GRTUSDMarket structure has now been broken and we are bullish on the weekly timeframe . Daily timeframe we have a Quasimodo and a liquidity void that needs to be filled, this is our entry long @ 0.3933
We have a strong support on the weekly timeframe coming in @ 0.3313
Strong resistance levels are as follows:
0.5990
0.6806
0.7448
Tp 1 @ 0.6267
Tp 2 @ 0.8414
Tp 3 @ 1.3500
GRT - Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
WEEKLY: Right Chart
GRT is overall bearish however, it is approaching a strong demand zone in green so we will be looking for buy setups on lower timeframes.
DAILY: Left Chart
GRT is forming an inverse head and shoulders pattern but it is not ready to go yet.
Trigger => For the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated , GRT can still trade lower inside the demand zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich